Banks offer higher interest rates to Bhutanese living abroad to attract remittances
While deposit interest rates for residents within Bhutan are modest, financial products tailored for Bhutanese abroad provide noticeably higher returns.
Finance
Hong Kong women are Asia’s most independent when it comes to household financial planning: survey
Half of the women act as the sole decision makers for long-term investment for their families, according to a survey released on Wednesday.
Philippine fuel prices ‘most expensive’ yet, as peso almost 60:$1
Meanwhile, the Philippine peso nearly reached the P60-per-dollar level after weakening to a new record low on Monday, with the Bangko Sentral ng Pilipinas (BSP) reportedly…
Young Malaysians find themselves in growing debt trap
Mounting financial commitments such as repayment of credit cards, personal loans, and Buy Now, Pay Later schemes eat into the bulk of their monthly budget, leaving them with only…
South Korean stock exchange rebounds 5% as Middle East tensions ease
After US President Donald Trump said Monday that the war with Iran “is very complete,” oil prices slipped below $90 per barrel, lifting global stock markets, including those…
‘Crazy’ Yangon property prices despite struggling economy, civil war in Myanmar
Internal migration from conflict zones, restrictions on foreign currency, and a lack of trust in banks have fuelled "artificial demand" for property as a safe asset.
India’s Budget Session resumes amid brewing political confrontation, fierce showdown likely
When Parliament reconvenes on Monday for the second phase of the Budget Session, the atmosphere inside both Houses is expected to be anything but routine.
With dwindling use and acceptance, Singapore’s five-cent coin enters its twilight
Experts say five-cent coins' disappearance won't impact most due to cashless payments, but cash remains crucial for some, especially elderly folk.
Philippine government debt climbs to P18 trillion in January
Latest data from the Bureau of the Treasury (BTr) showed that the country’s debt as of end-January was 2.41 percent higher than the previous month and 11.15 percent higher than…
South Korea stock market plunges 12% in record rout as Iran war jolts markets
The won weakens past 1,500 per dollar for first time in 17 years.