Bangladesh’s onion prices jump overnight
The increase came after India decided to impose a floor price on onion exports in a bid to discourage outbound shipments.
Economy
Stronger rupee fails to bring down Pakistan’s retail prices
The only instant price relief consumers have received is in sugar rates, thanks to an effective crackdown on sugar mafia, hoarders and smugglers.
China’s gold consumption rises 7.32% in first three quarters of 2023
Throughout the first three quarters, China's national economy continued to recover and market demand continued to expand, leading to a rapid recovery trend of the national gold…
South Korean economy continues slow, steady recovery in third quarter of 2023
The economy has been on a recovery path since its lowest when it contracted by 0.3 percent in the fourth quarter of last year, followed by an on-quarter growth of 0.3 percent and…
Indonesian businesses seek to ensure post-election continuity
Keen to ensure a degree of predictability, Indonesian Employers Association has devised its road map to serve as reference for the candidates to figure out what businesses believe…
Luxury set to be more expensive as Malaysia reveals luxury tax targets
According to informed officials, the tax – now known as the High Value Goods Tax – is expected to be imposed for big-ticket items such as private jets, yachts, jewellery and…
Dozens killed in famine-hit Papua Highlands
The famine has affected around 12,000 people living in over 13 villages in the regency, said Amuma district head Zakeus Lagowan.
‘Rich people’ dumped from 10,000-baht digital wallet scheme after criticism
PM Srettha explained that the government took heed of suggestions that rich people should not benefit from the scheme, which was a core policy of his Pheu Thai party’s election…
Philippines’ budget deficit swelled in September as revenues sagged
Meanwhile, expenditures managed to grow 8.06 per cent year-on-year in September to P506.3 billion, albeit slower than the 9.66 per cent expansion recorded in August.
Asia continues to fuel global growth, but economic momentum is slowing
While Asia is still set to contribute about two-thirds of global growth in 2023, the growth remains too slow to make up for the output lost during the pandemic and the series of…