China’s ‘silver’ economy grows with ageing population
According to the Ministry of Civil Affairs, by the end of 2021, there were 267 million people aged 60 or above, accounting for 18.9 per cent of the total population.
Economy
Dhaka, Delhi seek stronger energy ties
There will be even more options for the countries to economically engage with each other, said Indian High Commissioner in Dhaka Pranay Verma.
Japanese labour, management agree wage hikes necessary amid inflation
The level of wage increases demanded by labour unions so far goes beyond what was sought last year, but it is unclear how far wage hikes can keep up with rising prices.
Onion prices worldwide much lower, deepen questions on incredulous costs in Philippines
The Department of Agriculture’s price monitoring showed that as of January 23, a kilogram of locally grown onions cost P200-P350 (US$3.70-6.40) in local markets.
RMB remains fifth most active currency by value in December: Report
In terms of international payments excluding the eurozone, the RMB ranked seventh with a share of 1.47 percent.
Cartels suspected behind ‘artificial’ onion prices: Philippines politician
According to government data, the difference in demand and supply for onions was only about 7 per cent, which seemed to indicate that external forces, such as cartels, were in…
PM ready to sacrifice ‘political capital’ at IMF altar
Prime Minister Shehbaz Sharif said the government has clearly conveyed its intentions to complete the ninth review to the IMF.
Japan department store sales up 13 % in 2022
The climb reflected a rebound in customer traffic following the lifting of restrictions on business and other activities linked to Covid-19 in late March.
S. Korea’s kimchi imports hit new high in 2022
The on-year growth rate was the highest since the 53.8 percent surge recorded in 2010.
Indonesia to accelerate oil and gas exploration amid high prices
The estimated target for exploratory drilling has been increased to 57 wells, almost double the 30 exploratory wells drilled last year.