Pakistan exceeds target, raises more than $9bn for flood recovery
PM Shehbaz said that apart from the aid Pakistan received for flood rehabilitation, the state had “responded courageously” to the disaster.
Economy
Marcos vows to improve, invest more in Philippine transport system
“Having an effective and efficient transportation system will have multiplier effects on employment, the economy, our society. It will bring comfort, convenience, an easier life…
Authorities mull measures to address ageing population
Older people, especially richer urban retirees, are increasingly seen by policymakers as potential consumers to drive economic growth.
Thailand buzzes as Southeast Asia countries await tourist affluence
The region is home to many tourism-reliant economies, in which the Chinese used to account for the bulk of visitors to beach resorts and luxury malls that had been hit hard by…
Talent-hungry HK approves more than 200 work passes a day under new scheme
The scheme’s roll-out comes as Hong Kong, which had been cut off from much of the world for nearly three years, scrapped the last of its pandemic restrictions.
Indonesia’s crypto market braces for stricter regulation amid downturn
Cryptocurrencies had attracted massive popularity in Indonesia and many parts of the world since the pandemic began.
Travel resumption to boost Hong Kong’s economic recovery: Financial Secretary
Under the first phase of the travel resumption, the financial center will allow up to 50,000 arrivals daily from the mainland to enter via land ports.
Power tariff hike to drive up production cost, stoke inflationary pressures: Experts
The Bangladesh Energy Regulatory Commission had recently recommended raising retail electricity prices by 15 per cent.
‘We can’t feed kids at these prices’: School canteen operators ask for subsidies
With the rising costs of ingredients, they claim that they are struggling, especially when their prices are contractually bound by canteen tenders.
McDonald’s Japan to raise prices for 3rd time in less than a year
The company cited soaring costs for materials, labor, transportation and electricity.