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  1. Home
  2. Posts tagged: Economic Affairs (Page 408)

Economic Affairs

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  • COMBATING INFLATION
  • Home Page

Subsidies, social aid to stretch Indonesia’s budget deficit close to limit

Speaking to reporters, Coordinating Economic Minister Airlangga Hartarto said the 2024 budget deficit was now seen at 2.8 per cent to GDP. That is far above the figure of 2.3 per…

  • Published: February 28, 202411:57 am
  • Author Deni Ghifari
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  • COMBATING INFLATION
  • Home Page

120,000 Philippine garment workers at risk over pay hike

Aside from the job losses this year, data presented also showed that their export revenues for apparel, leather goods and footwear were also expected to decline by 11 per cent.

  • Published: February 28, 202411:56 am
  • Author Alden M. Monzon
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  • COMBATING INFLATION
  • Home Page

Hefty power bill to weigh on consumers in Bangladesh

"The initiative of bringing the entire country into the electricity network is praiseworthy. But consumers are bearing the brunt of many wrong choices, like over capacity," an…

  • Published: February 28, 202411:55 am
  • Author Rejaul Karim Byron
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  • Around Asia
  • Daily Digest
  • + 3 more
    • ECONOMIC AFFAIRS
    • Home Page
    • SOCIETY

More Malaysians opting for gig work, raising fears of skilled worker shortage

The record numbers, representing more than 17 per cent of the country’s workforce, are a marked 25 per cent rise from the 2.4 million self-employed workers recorded in 2021.

  • Published: February 28, 202410:50 am
  • Author Zunaira Saieed
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  • Around Asia
  • Daily Digest
  • + 2 more
    • Home Page
    • SOCIETY

University ranking hierarchy leads to wage gap later in life: Study

Researchers also found that the income disparity peaked at 40-44, with some graduates making 51 percent more than their counterparts who scored lower for their college exams.

  • Published: February 28, 202410:48 am
  • Author Yoon Min-sik
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  • Around Asia
  • ECONOMIC AFFAIRS

Indonesia hikes rice import quota by 1.6m tonnes to bolster reserves

While acknowledging the current imbalance in the price of rice for consumers and producers, an official underlined that the government was prepared to respond to price…

  • Published: February 28, 202410:44 am
  • Author Ruth Dea Juwita
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  • Big Picture
  • BUSINESS
  • + 2 more
    • CLIMATE AND ENVIRONMENT
    • Home Page

China to expand carbon market soon

Currently, 2,257 power-generating enterprises are involved in the carbon trading market, covering roughly 5.1 billion tons of emissions and representing over 40 per cent of the…

  • Published: February 28, 202410:01 am
  • Author Hou Liqiang
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  • GEOPOLITICS
  • Trade

Thailand set to strengthen economic ties with Kazakhstan through new MoU

Highlighting the significance of the upcoming MoU, Jakkapong said it would pave the way for clearer policies and directions in trade and tourism between the two countries.

  • Published: February 28, 20247:58 am
  • Author The Nation
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  • BUSINESS
  • Corporate Buzz

Luckin surpasses Starbucks in China in annual sales

With the intensification of competition in China's coffee market, Luckin will continue to increase the number of stores in high-tier cities and accelerate the expansion of sinking…

  • Published: February 27, 20241:53 pm
  • Author Zhang Jie
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  • COMBATING INFLATION
  • Home Page

Indonesia’s poverty-reduction target in 2024 unlikely to be met: Minister

Minister Muhadjir Effendy said the country's poverty rate in 2023 was 9.36 per cent, meaning that it would take a 1.85 per cent reduction to meet the target. He pointed out that…

  • Published: February 27, 202412:28 pm
  • Author The Jakarta Post

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