Philippine labor group asks employers to grant wage hike: ‘P150 is just for coffee’
According to the Federation of Free Workers, the tourism sector has recovered from the impact of travel restrictions brought by the global pandemic and it is now…
Economic Affairs
Finance ministry, IMF begin second review of Pakistan’s standby arrangement
The last review, if successful, will release a tranche of around $1.1 billion, the ministry had said. Islamabad had secured the last-gasped rescue package last summer to avert a…
Vietnam’s GDP reaches over $430 billion in 2023, fifth most in Southeast Asia
With this forecast, Vietnam's economy in 2023 ranked equal to Malaysia ($433.35 billion) and above Myanmar ($74.9 billion), Cambodia ($30.9 billion), Brunei ($15.1 billion), Laos…
Reject traders who sell food at inflated prices: Malaysian minister
Despite the surge in food prices at Ramadan bazaars, she said consumers should be discerning and wield their influence to refuse purchases from traders charging excessive amounts.
US commerce secretary promises investments in Thailand to make semiconductors
Secretary Gina Raimondo said Thailand stood to gain from a move by the United States to diversify semiconductor production, adding that American firms were ready to…
UNDP ranks Nepal 146th on HDI, three positions higher than in 2021
During the same period, Nepal’s life expectancy at birth increased by 15.7 years, expected years of schooling by 5.4 years, and mean years of schooling by 2.1 years.
Korea central bank report sparks controversy over foreign care worker wages
“The bank’s suggestions of paying migrant workers cheaper than the minimum wage are discriminatory and anti-human rights ideas,” according to a major coalition comprised of…
Cambodia one of top countries with 70% of businesses female owned
The Minister of Women’s Affairs Ing Kantha Phavi added that along with such a significant economic contribution, maternal health has also improved, as indicated by reduced rates…
An apple a day fritters savings away? Apple price rises to all-time high
The wholesale price of 10 kilograms of apples as of Tuesday was 91,700 won (US$70), more than double the 41,060 (US$31) won for same amount at the same time last year, according…
China to roll out more policies to back property sector
Experts believe China will continue to defuse property sector risks in a steady and orderly manner with market-oriented measures, after the authorities recently issued a series of…