IMF wants external financing commitments fulfilled to release funds: PM Shehbaz
Several friendly countries such as Saudi Arabia, China and the United Arab Emirates, have made commitments to help Pakistan fund its balance of payments.
Economy
China ramping up bailout loans to ‘Belt and Road’ nations
Around the world, BRI nations have come under strain as soaring inflation and interest rates, compounded by the impact of Covid-19.
Return of Russian, Chinese buyers sparks Phuket real estate boom
However, not all real estate is promising, a report shows.
Korea mulls measures to spur spending amid inflation woes
Authorities are looking at ways to launch a coupon program that provides a certain discount when booking hotels and resorts in the country.
Two million tonne rice import plan puts Indon govt on tightrope
The move has sparked a backlash from small farm holders who fear that the import will bring down farmgate prices and hurt local farmers.
Long lines for RM3 per plate chicken rice in Malaysia
Chicken rice seller Ong Eng Kim slashed the price of his standard plate of chicken rice by about 40% – from RM5 to RM3 – and now he gets long lines of happy customers every…
Marcos vows to build more roads, bridges to spur interconnectivity
The President promised to keep developing a “highly-interconnected road network” to support the country’s economic growth.
Chinese scientists find way to grow crops in saline, alkaline soils
The AT1-deactivated rice variant can produce about 22.4 to 27.8 percent more grain in saline and alkaline soils.
Targeted subsidy, price of goods in focus during M’sian Parliament sitting
Pakatan Harapan's member who has proposed the question also wants to know measures or efforts that have been or would be taken by the government to ensure the country's food…
Painful food inflation
The author writes, "edible items that cost Rs5,300 in February 2022 in urban areas now cost roughly Rs10,000."