Indonesia vows to keep food prices stable during Ramadan
Indonesians have entered Ramadan with soaring food prices amid increased demand, and economists are predicting further hikes over the next two months.
Economic Affairs
Insane iftar market a mockery of price control measures
The price of onions have seen an unbelievable 223 per cent hike per kg compared to its price during the last Ramadan. The government's repeated assurances of stability in kitchen…
First Gaza aid ship leaves Cyprus as Palestinians teeter on the brink of famine
The charity ship Open Arms was seen towing a barge containing flour, rice, and protein. The mission was funded mostly by the UAE and organised by US-based charity World Central…
China’s thrust on high-end manufacturing targets global supply chains
Despite facing strong headwinds, business leaders said that China's push for innovation in information technology is unwavering.
Malaysian PM’s trip to Germany yields RM45.4 billion in potential investments
The potential investments are from various industries such as semiconductors, aerospace, medical devices, chemicals, and services, said Investment, Trade and Industry Minister…
The Middle East pivots to Asia at an “accelerated” pace
Trade between these regions increased by 34.7 percent from US$383 billion in 2021 to US$516 billion in 2022 and is growing faster than previous reports’ projections.
Vietnam market rebounds from cautious sentiment
The market reversed while the bullish momentum remained highly cautious as cash flow weakened and no prominent stock group has emerged to lead the trend.
Ban on foreign travel among penalties for Bangladesh’s wilful bank loan defaulters
Bangladesh Bank took the move when the banking sector has been hit by massive irregularities of some lenders, directors' undue intervention and rising bad loans.
China enhances foreign traveller payment services, anticipates continued market growth
The government is cooperating with e-payment platforms and companies to streamline foreign travelers' authentication procedures of linking bank cards and raising the e-payment…
‘Worry’ as Nepal’s forex reserves soar to record Rs1.84 trillion
The accumulation of foreign exchange reserves has both advantages and disadvantages, but it is more of a disadvantage for a country like Nepal which is in a low-growth trap.