Bangladesh govt’s move fails to stop price hike ahead of Ramadan
According to the data from Trading Corporation of Bangladesh, the costs of chickpeas, lentils, onions, broiler chicken, and farm eggs saw a spike over the past month.
Economic Affairs
Fitch, Moody’s raise concerns about fiscal policy under Prabowo leadership
Analysts warn that sudden increase in government spending to swiftly fulfil all of Prabowo’s promises could breach the budget deficit cap, which is set by law at 3 percent of…
Hong Kong banks to see a bumpier year amid economic uncertainties
A tapestry of challenges confronting the nation’s economy has cast a long shadow over the banking sector.
Vietnam to witness biggest wealth growth: report
According to wealth analyst Andrew Amoils, Vietnam is an increasingly popular production base for multinational technology, automotive, electronics and textile companies.
Thai PM envisages 8 hubs in ambitious vision for Thailand’s economic future
In his speech, PM Srettha said his government would push Thailand to be No. 1 in the eight areas, capitalising on the kingdom’ss location advantage and good infrastructure that…
Don’t compare weakening ringgit to 1998 Asian financial crisis, says Anwar
The Prime Minister said that the current situation must be based on an overall picture including the country's capacity to grow and the reassuring investments figures.
Cutting interest rate not the solution to economic woes: Bank of Thailand chief
The Bank of Thailand is standing firm on its monetary policy, despite coming under political pressure to hold an emergency meeting.
CNY box-office takings, travels hit record high in China, but consumer sentiment remains muted
Chinese citizens spent a record amount this Chinese New Year season on travelling and at the cinema, yet consumer confidence remains muted amid an uncertain economic outlook.
Bank Indonesia holds key interest rates, project cuts in second half
BI Governor Perry Warjiyo noted that the decision considered geopolitical developments and a global economy that was performing better than previously estimated.
Thai airlines seek approval for more domestic flights as fares soar
For the short term, airlines asked for permission to operate more flights during the holiday season, especially in the morning and evening, so they could offer alternative tickets…