Hilsa fish prices skyrocket ahead of Bengali New Year
The surge in demand leads some traders who stock the national fish in cold storage to sell it at prices higher than usual. However, the demand for fresh hilsa is even greater,…
Economic Affairs
Tariffs and the Philippine economy
Because Philippine exports now face lower tariffs compared to goods from many competitors, the country could become a more attractive source for US imports.
Japan ruling coalition eyes cash handout plan amid U.S. tariffs, rising prices
Some LDP members have suggested the handout amount to be around ¥30,000 to ¥50,000 per person, while some in Komeito call for ¥100,000.
Indonesian government expands housing program to higher earners
The Public Housing and Settlements Ministry has introduced a new regulation, slated to be issued on April 21, that grants eligibility for subsidised housing in Greater Jakarta to…
Tariff blow sinks South Korean stocks, clouds growth outlook
The plunge comes two days after a sidecar — a five-minute halt on program trading — was activated on Kospi 200 futures on April 7, as the Kospi fell below 2,400.
Concessions awarded for large-scale durian cultivation in Laos
The move could support Laos’ ambition to become a supplier of durian to neighbouring China, where investors are seeking to expand durian plantations in Laos so that more fruit…
Japanese government announces monthly release of stockpiled rice to stabilise prices
In the week starting April 21, the government will accept bids for 100,000 tons of the stockpiled rice in its third auction.
India’s transshipment decision ‘unfortunate, unnecessary’
A former World Bank lead economist says India did not follow protocols or etiquette.
Slower growth expected for Malaysian economy
If global macroeconomic conditions continue to worsen, Bank Negara may be forced to cut interest rates to stimulate the economy.
Widespread support for plans for new Tonle Sap, Mekong ports in Cambodia
An April 8 inter-ministerial meeting was held to discuss the construction of the ports, with the attendees noting that they would boost economic activities and promote tourism,…