Bangladesh PM calls for austerity again
She also said the government has been providing subsidies in different sectors.
Policy Matters
China’s economy looking up on policies in coming months
Experts said they expect to see stronger fiscal policy easing, notably in infrastructure spending, to prop up growth, as well as targeted monetary policy easing to support small…
After 4 years, Chattogram Customs auction off 30,000 tonnes of hydrogen peroxide
Even after a massive explosion in Lebanon in 2020, there was no auction held to sell off the dangerous goods from the port, and it had remained in abandoned conditions since then.
EU’s sanctions on Russia weigh on own economy
Experts posit that banning “more than two thirds” of Russian oil imports to the bloc will not be easy, especially at a time when high inflation is threatening economic…
Japan mulling restart of Go To Travel scheme in July
Launched in 2020 in an attempt to revive the tourism industry hit hard by the Covid-19 pandemic, the campaign offers subsidies of up to ¥20,000 to cover half of users’ expenses.
India achieves target of 10% ethanol blending in petrol ahead of schedule: PM Modi
Prime Minister Modi also said that the country’s solar energy capacity has increased by about 18 times.
Goal to raise minimum wages to be included in Kishida’s ‘new capitalism’ action plan
The government wants to eliminate regional disparities and improve the terms of nonregular employees and other workers, aiming to raise the weighted average minimum wage to…
Bangkok governor plans to end mandatory mask rule
Bangkok Governor Chadchart Sittipunt said he would also seek further relaxation of Covid rules for the capital.
Indonesia to scrap subsidy for bulk cooking oil
Bulk cooking oil held a lion's share of 62 per cent of total domestic cooking oil demand, with small businesses and lower-income families its main consumers.
Hong Kong retail sales jump in April after two months of decline
The retail sector has been under pressure from stringent restrictions imposed to curb coronavirus, however, the government expects the sector to pick up as measures are eased.