Diesel subsidy to end, prices may rise as fuel fund bleeds red: source
Among the measures under consideration are raising the cap on the retail price of diesel from today’s 30 baht per litre, and increasing an excise tax cut on diesel fuel from the…
Economic Affairs
US-China competition overshadows Boao forum on economic cooperation
Panellists at the annual forum alluded to the backdrop of great power competition that has increasingly affected domains ranging from economics to technology to climate…
China-US relations cannot return to old days, but future can be bright: President Xi
Under current circumstances, common interests of China and the US are not diminishing but increasing, President Xi said, citing fields such as the economy, trade and agriculture,…
Indonesia’s new capital Nusantara draws more investor interest after Prabowo presidential win
Mr Bambang Susantono, head of the Nusantara Capital Authority, said they have received 369 letters of intent from interested investors to date, with most of the foreign investor…
Thai culture ministry aims to have Muay Thai, Thai costumes listed by UNESCO
Seeking UNESCO’s recognition of Thai cultural heritage is in line with the Thai government’s policy of promoting Thai soft power as an economic driver.
Mumbai surpasses Beijing as Asia’s billionaire capital: Hurun Report
Wealth of Indian billionaires amounts to a staggering US$1 trillion, accounting for 7 per cent of the global billionaire wealth, emphasizing the nation’s substantial economic…
Reverse migration in Bangladesh rises twentyfold in five years
The study surveyed more than 3.08 lakh households across the country and found that 13.8 out of every 1,000 people returned to the village in 2023. Such migration rose by almost…
China steps up pursuit of foreign investors, as companies await concrete action
Beijing hosted a slew of high-profile events this week aimed at drawing more foreign investment into the country, but the business community is hoping to see more supportive…
Tears to keep flowing over high onion prices in Malaysia
Prices are expected to rise due to supply concerns, with the government seeking a remedy as the demand for onions spikes during Ramadan and Hari Raya.
Soybean oil consumption falls as Bangladeshis switch to mustard, palm oils
According to a report by the US Department of Agriculture last week, mustard oil has become very competitive since 2022 in Bangladesh when the price of soybean oil reached a…