Indonesia’s June inflation ticks up as food prices climb
On an annual basis, headline inflation climbed to 1.87 percent, up from 1.6 percent in May.
Finance
Support mechanisms in place as Malaysia’s expanded sales and service tax takes effect
Government initiatives – from direct cash aid and electricity rebates to healthcare schemes and discount cards – are available to help ease the burden and stretch every…
New curbs, old fears: The Korea Herald
South Korea introduces strict loan limits as speculation surges in Seoul property market.
Summer Davos business leaders upbeat on China
Business leaders and experts hailed the country's steady growth, advancing innovation and commitment to high-standard opening-up as key forces fueling global economic recovery.
Nepal’s FDI drops 70 percent in 6 years, raising concerns over investment climate
Policy inconsistency, tax complications, weak institutional support cited as major hurdles.
Indonesian sovereign wealth fund injects US$407.4 million into flag carrier Garuda Indonesia
The initiative will be conducted in phases, with the first focusing on the maintenance and operational readiness of the fleets of both the full-service carrier and its low-cost…
‘We just want our money’: Income Insurance shareholders in Singapore disappointed at failed Allianz deal
The deal was blocked by the Government over concerns about its structure, which included a capital reduction plan where Income would return $1.85 billion in cash to shareholders…
Tax, transport and juice: Triple blow could spike imported fruit prices, warn traders in Malaysia
Under the expanded Sales and Service Tax, a 5% tax will be imposed on all imported fruits, while locally grown produce will remain exempt.
Consumption report highlights sharp urban-rural divide in Bhutan
The survey also highlights substantial differences in housing conditions and food expenditure.
India rises to rank 15 among top global destinations for FDI in 2024: UN Report
The development comes despite a marginal dip in inflows at $27.6 billion.