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.
Economic Affairs
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…
Russia endures the West’s economic sanctions after 2 years of aggression
The reason why the Russian economy appears to be robust is largely due to the impact of increased military-related government spending.
Nepal’s urban poverty is on the rise, while rural poverty keeps falling
Urbanisation is a global phenomenon and the proportion of urban population living in the slums worldwide is on the rise. They live without access to adequate shelter, clean water,…
Politicking over a new IMF deal is no longer an option for Pakistan
AS political parties scramble to form a potentially weak coalition at the centre, the uncertainty unleashed by the inconclusive outcome of the Feb 8 polls is giving Pakistan’s…