Nepal’s inflation at 30-month low, yet food prices refuse to come down
Nepali traders attributed the food price hike to the upcoming general elections in India. Traders said that given Nepal’s dependency on India, any protectionist policy adopted…
Economic Affairs
Declining productivity among Philippine and other ASEAN workers
The World Bank called on the leading companies in the Philippines, Indonesia, Malaysia, and Vietnam to ensure their workers are given the necessary digital and management skills…
China, US to deepen economic coordination
Both sides also agreed to continue conducting exchanges and cooperating on issues such as financial stability, sustainable finance, anti-money laundering efforts, and…
Guangdong-Hong Kong-Macao Greater Bay Area GDP increased by US$442 billion in 5 years
The Greater Bay Area is home to more than 75,000 national high-tech enterprises and a batch of leading technology companies, such as Huawei, Tencent, and BYD. It also built and is…
South Korea’s housing market stabilising, President Yoon says
The downward trend in prices in the country's most populous city contrasts with the market overheating during the former Moon Jae-in administration. During Moon's five-year…
Fuel demand skyrockets in Indonesia ahead of Idul Fitri
Liquified petroleum gas saw consumption increase by 4.4 per cent to 29,733 tonnes per day. The price has passed the government’s macroeconomic estimate stipulated in the state…
3-day holiday bolsters China’s domestic tourism market
The travel boom during the holiday generated revenue of about 54 billion yuan (US$7.47 billion), up 12.7 percent compared with 2019, according to the Ministry of Culture and…
Bank of Japan governor lauded for smooth policy change
Many market players commended Ueda’s monetary management.
Laos sets sights on economic diplomacy to boost trade, investment
Speaking at the meeting, the Deputy Prime Minister underscored the significance of economic diplomacy in fortifying the national and international economic landscape, aiming to…
Nepal proposes mutual customs assistance with India
The agreements will allow for the exchange of information, intelligence, and documents, ultimately assisting the countries in the prevention and investigation of customs offences.