Alarm raised over 3-year, continuing decline in harvests, fish catch
The decline in agri-fisheries output last year marked the third straight year of contraction, following the -1.7 percent and -1.2 percent in 2021 and 2020.
Economy
Intl investment banks, financial institutions upgrade 2023 growth outlook for China
Goldman Sachs Group Inc is now projecting the economy will expand 5.5 percent this year, up from 5.2 percent previously, Bloomberg reported.
South Korea’s pension fund, under pressure, hunts for gains in foreign stocks
The world's third-largest retirement fund banks on large-cap tech shares and foreign markets in a bid to stave off fund exhaustion.
IMF approves $4.5 billion loan for Bangladesh
This would be Bangladesh's 13th loan from the lender, with the previous package taken in 2012.
Indonesia boosts annual coal mining target to 695 million tonnes
The country plans to export more than 74 percent of the coal it mines this year, which the ministry said would mean record shipments.
In land of Hyundai-Kia, smaller carmakers struggle for survival
SsangYong, Renault, GM fight to defend 10% market share, while South Korea still remains as a ‘test bed’ for global carmakers, experts say.
Thai universities welcome return of Chinese students
Their return is especially welcomed by several private universities who saw declining enrolment among Thai students in recent years.
EU’s green policy a priority for Asean
Indonesia should not be too concerned about meeting the EU’s deforestation-free rule, however, if they followed the global standards.
Global chip revenue up only 1.1% in 2022: report
Samsung Electronics topped the chipmaker list by revenue, with a market share of 10.9 percent, followed by Intel, SK hynix and Qualcomm.
Shanghai announces plans to boost economic growth
An action plan, consisting of 10 points, was released by the municipal government of Shanghai, on January 29.