Malaysian hawkers forced to scale up prices as costs triple
Hawker Mimi, 58, said that although the cost of raw materials has increased tremendously, she has not had the courage to raise her food prices too much. She said that over the…
Economic Affairs
China’s Premier Li Qiang promises changes to woo overseas investors
Mr Li’s latest assurance to overseas investors comes as foreign direct investment into China hit a low in 2023, and confidence in doing business declined during the Covid-19…
China’s growth spurs optimism
The Chinese economy has started the year on a positive trajectory, underpinned by effective macroeconomic policies.
‘Bangladesh robbed of $14 billion in 3 years’: PM’s Energy Adviser
The higher prices of crude oil following the Covid-19 pandemic and the beginning of the Russia-Ukraine conflict, meant Bangladesh had to pay more for fuel, which ate up the…
Macroeconomic stability unachievable without another IMF programme: PM Shehbaz
The IMF had said that subject to the approval of its executive board, the staff-level agreement would enable Pakistan to access about $1.1 billion — 828 million special drawing…
Bangladesh external debt crosses $100 billion for first time
Of the external debt, $79.69 billion was taken by the public sector and the rest by the private sector. About 85 percent of the loans are long-term and the rest are short-term.
Bank of Indonesia keeps interest rate, Fed projection unchanged
Following the central bank’s two-day monthly monetary policy meeting, BI Governor Perry Warjiyo announced to the press that BI had maintained its forecast for the Fed to loosen…
US businesses urged to expand their presence in Vietnam
The PM urged US enterprises to support Vietnam in perfecting its institutions, improving its governance capacity, and training high-quality human resources to serve development in…
Thai ice cream licks Asian rivals with 7.3% export growth
Exports are still growing, with Thailand shipping $9.91 million worth of ice cream in January this year – 10.1% up from the same month last year.
3.9% March inflation seen: Philippine central bank
At the moment, the central bank is still concerned about higher transport charges and electricity rates, as well as costlier oil and domestic food prices. The central bank is also…