IMF must be flexible with loan conditions to prevent Pakistan’s economic crisis from worsening
The IMF must show some flexibility on the conditions imposed on Pakistan to prevent the country’s economic crisis from getting out of hand.
Economy
Future of money lies in a new payments ecosystem
Smart contracts on a unified ledger could allow the private sector to develop new products and services to build on top of it, increasing the efficiency of transactions.
Singapore dream turned sour: How upgrading and a culture of getting ahead became corrosive
Instead of talking about upgrading one’s home, education and job, let’s focus on progressing together.
Tourism insiders predict transit visa to boost visitors to Cambodia
The decision, coupled with Beijing’s reopening to inbound and outbound tourism, would help the Kingdom attract more foreign tourists.
Weak chip demand pushes South Korean economy recovery off track
The export-reliant economy is struggling to shake off Covid-led downfall as sales of key export item dwindles.
Indonesia seeks to set its own crude palm oil benchmark price by this year-end
Industry groups said they would support policies to help Indonesia to set the price reference but urged the process to undergo a thorough preparation.
State Bank of Pakistan hikes policy rate by 300 basis points to 20%, highest since Oct 1996
The central bank said the decision reflected the “deterioration in inflation outlook” and its expectation amid recent external and fiscal adjustments.
All HDB rental coffee shops to sell budget meals by 2026 to help keep food affordable in the heartland
Currently, 72 out of 374 coffee shops offer these budget meals, which typically cost around $3 to $3.50, with black coffee at around $1 to $1.15.
Foreign tourists to Vietnam in Feb reaches 933,000
The figure represents a 31.6 times increase compared to the same period last year before the country resumed its international tourism activities
China maintains solid momentum for growth
Officers say improvement in both manufacturing and service points to a gradual normalisation of activities and the accelerated resumption of work.