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.
Policy Matters
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.
G-7 to ban Russian gold imports, choking key market for Putin
The measure, that was proposed by the US President Biden on June 26 via Twitter, was initially flagged by Britain.
China to enhance legal protection of farmlands
China’s Ministry of Natural Resources has stated that existing regulations, such as the prohibited non-agricultural use of arable land, will be elevated to law.
Bangladesh slashes rice import tariffs to 25%
The move comes in the wake of a spike in the price of rice even during peak harvesting season amid speculation of crop losses from floods and unfavourable weather.
Tough economic choices face incoming Marcos administration
As policymakers debate the use of remedial measures to ease the pain of high fuel costs, senior economist Mapa warns against distributions that could aggravate inflation.
More cash aid for Malaysia’s B40 group
The move will benefit over 8.6 million people, comprising four million households, 1.2 million senior citizens, and 3.4 million single individuals.
Hong Kong eyes measures to expedite housing development projects
Proposed measures include streamlining and shortening statutory procedures, avoiding repetitively executing similar procedures.