No family-friendly Singapore without the seniors who have come before
Room to explore supporting seniors in subsequent Budgets as Forward Singapore exercise gets under way.
Economy
Cambodia mulls Alibaba deal to boost international sales
Cambodian consul-general highlighted Alibaba’s potential in familiarising China’s sizeable consumer market with Cambodian agricultural products.
Pakistan hikes petrol price by 22.20 rupees a litre
With roughly enough reserves to meet only three weeks of imports, Pakistan is looking to increase revenue despite multi-decade high inflation of 27 per cent.
Budget 2023: Where does the Singapore dream go from here?
Some Singaporeans insist they’ve been short-changed amid efforts to level the playing field.
India’s overall exports projected to grow despite strong global headwinds
Overall imports in January 2023 are estimated to be $66.42 billion, exhibiting a positive growth of 0.94 per cent over the same period last year.
Indonesia achieves high surplus despite lower exports of CPO, iron and steel
The figure is higher than forecasts by research firm Moody’s Analytics and a Reuters’ poll of $3.2 billion and $3.35 billion, respectively.
Malaysia can achieve high-income nation status by 2026 if growth continues at 4-5%
"If economic growth from 2023 to 2025 is around four to five per cent, we can reach the status of a high-income nation as early as 2026" the Economy Minister said.
Japanese auto unions demand wage hikes over ¥10,000
The trend in wage increases at the major auto-makers will be closely watched, as it will likely spread to other industries during the spring wage negotiations.
Petrol soars to Rs272 per litre as Pakistan hikes prices of petroleum products
The government is in a race against time to implement new tax measures and reach an agreement with the IMF.
Inflation in Pakistan could average 33% in first half of FY23: Moody’s economist
The Consumer Price Index rose 27.5 per cent year-on-year in January, its highest in nearly half a century.