Worsening inflation outlook fuels sharper rate hike bets for South Korea
The monthly increase observed in the survey is also the largest gain seen since the Bank of Korea began compiling data in 2008.
Policy Matters
G7 to work to ‘develop a price cap’ on Russian oil: US official
The plan aims to starve the Kremlin of its "main source of cash", US national security advisor, Jake Sullivan, said.
Watered-down G-7 climate commitments dismay activists
G-7 leaders, prompted partly by the energy crisis, have granted a host of stays and exceptions to climate protection goals.
Cambodia’s energy efficiency policy due end-2022
The effort will be to slow the growth rate of national energy demand from 2014 to 2035 by at least 20 per cent.
RI’s domestic workers more protected abroad than at home
Millions of migrant Indonesians risk their lives overseas because life at home is difficult. But there they find better treatment.
Bangladesh opposition to electronic voting machines harden
Those opposed to the electronic voting machines say it will allow the ruling party to steal votes.
Cash assistance for Cambodia’s poor continues
Launched in 2020 by Prime Minister Hun Sen to counter effects of the economic downturn due to the Covid-19 pandemic, the cash transfer programme is now in its ninth renewal period.
Indonesia pushes ahead with revised Criminal Code, calling it ‘historic mission’
Despite calls to pause deliberations so that public concerns can be addressed, the Law and Human Rights Ministry expects the legislation to be “expedited” in the coming months.
Peso breaches 55:US$1, now Asean’s worst performer
Analysts are worried about the speed that the peso has been depreciating, and that this might come to the point when the Bangko Sentral ng Pilipinas would have to use its foreign…
Pressure on forex reserves: Bangaldesh exploring loan of up to $4.5 billion from IMF
Even though imports are slowly contracting, the elevated inflation levels around the world mean the odds of a slowdown in both remittance inflows and export orders are high.