Tracing the origins of Bangladesh’s economic woes
Bangladesh’s economy is overwhelmingly dominated by informal sectors. The informalisation stems from deindustrialisation, which has set in prematurely in the country.
Economy
Hong Kong home prices post four-month high
The estimated monthly interest payment for a HK$5-million mortgage loan surged by about HK$5,500 last year, while the median monthly household income increased by merely HK$800.
From $10 billion to $680 billion: South Korea’s glory road to export-driven prosperity
The per capita GDP of South Korea was around $64 in 1953, when the Korean War ended. It now stands at around $32,000, as of last year.
South Korea cuts tourist red tape, aims to triple visitors this year
The government has also decided to actively increase the number of international flights to China, Japan and South-east Asia to recover up to 80-90 per cent of the number before…
Vietnam’s foreign investment plunges 39 per cent in Q1
Along with the contraction in fresh capital, the disbursed capital also slightly plunged 2.2 per cent from a year earlier to $4.3 billion, it noted.
Indian biz leader urges China, India to boost economic ties
Atul Dalakoti, the FICCI executive director, said “There's a win-win when we trade more, when our economies are more connected to each other.”
South Korea’s 2024 budget to boost defence, welfare spending
As concerns grow over rising national debt and tax revenue, improving fiscal health has become one of the government's top agendas.
Inefficient system, criminal traders making people’s suffering worse
The writer says it is high time the government and policymakers took this problem seriously and demonstrated a strong political will to enforce the laws on curbing price…
Hong Kong’s MTR may increase fares by 2.3% under new formula
The fares are expected to be increased in June, which means about 90 per cent of passengers will face a fare hike of up to HK$0.40.
Pakistan’s inflation-hit consumers welcome ‘cheap’ Iranian food products
Though there are a number of products available in the market, the most sought-after Iranian products are cooking oil and butter.