Extra work, less fun: Indonesian students talk surviving inflation abroad
Some students say that maintaining careful budgeting is vital to surviving inflation overseas.
Economy
Seoul cancels plan for new bus fare system, but fare hikes still on
If the city's plan passes, it will mark the first time since June 2015 that the city will raise fees for the subways and buses.
Malaysia will be stuck with ‘middle-income’ trap if brain drain issue not addressed: Academic
International Science Council foundation fellow Dr Zakri Abdul Hamid also said the current education system has to take into account the fourth industrial revolution and advanced…
Bank of Bangladesh moves to boost QR code-based transactions
In a bid to gear up digital transactions, banks and financial institutions have been asked to replace their proprietary QR codes within June with a uniform one developed earlier…
Slow investment growth taints Indonesia’s strong GDP report
While government spending performed even worse last year with a year-on-year decline, the slowdown in gross fixed capital formation growth is arguably more alarming, as it reveals…
Philippines jobless rate inched up to 4.3% in Dec 2022
In December, there were 2.2 million working-age Filipinos who were available for work and were actively looking for jobs, 43,000 more than the 2.18 million jobseekers in November.
China travellers in January still an eighth of pre-Covid levels: Tourism minister
Laying out a target for 0.8-1.0 million Chinese visitors this year, he noted that the January total came to about 25,000, compared to a pre-2020 monthly average that could…
Cambodia’s EU exports surge by one-quarter, pass $4 billion
According to the General Department of Customs and Excise, Germany was Cambodia’s largest EU trading partner in 2022, accounting for US$1.247 billion.
Loan accounts reach 1.54 million at end-2022: Cambodian credit bureau
Out of this, 79.43 percent comprised of personal finance loan accounts, while a much smaller share was recorded for credit card and mortgage loans.
Major Indonesian banks hit loan brake after last year’s frenzy
Banks are expecting their loan portfolios to grow between 10 and 12 percent this year, matching the industry-wide forecast by the Financial Services Authority.