Economy

China will accelerate disposal of problematic bank loan salesChina will accelerate disposal of problematic bank loan sales

China will accelerate disposal of problematic bank loan sales

According to a report that was published by a financial news media source on Friday, 21jingji, China may launch a…

August 12, 2022
Hong Leong Bank chairman explores stock alternativesHong Leong Bank chairman explores stock alternatives

Hong Leong Bank chairman explores stock alternatives

Two sources with knowledge of the matter have stated that Malaysia's second-richest man, Quek Leng Chan, is weighing options for…

August 9, 2022
Why Indonesia’s inflation has soared to a 7-year highWhy Indonesia’s inflation has soared to a 7-year high

Why Indonesia’s inflation has soared to a 7-year high

The annual rate of inflation in Indonesia maintained its ascent in July, reaching 4.94 percent year-on-year for the month. Since…

August 8, 2022
OPINION: Is the economy really going down? Don’t ask WikipediaOPINION: Is the economy really going down? Don’t ask Wikipedia

OPINION: Is the economy really going down? Don’t ask Wikipedia

Wikipedia is the latest target of the ongoing debate around the correct interpretation of the term "recession." Wikipedia has halted…

August 6, 2022
Sri Lanka’s fuel shortage is expanding the black marketSri Lanka’s fuel shortage is expanding the black market

Sri Lanka’s fuel shortage is expanding the black market

Although Akshant appears to be no different than any other tuk tuk driver in Sri Lanka, his earnings are three…

August 2, 2022
After two weeks of losses, Pakistan’s currency rebounded 0.24%After two weeks of losses, Pakistan’s currency rebounded 0.24%

After two weeks of losses, Pakistan’s currency rebounded 0.24%

According to data released by the central bank on Friday, the Pakistani rupee gained 0.24 percent, which is equivalent to…

July 29, 2022
Fed raises rates 75 basis points, despite dismal economic dataFed raises rates 75 basis points, despite dismal economic data

Fed raises rates 75 basis points, despite dismal economic data

The Federal Reserve hiked its overnight interest rate by three-quarters of a percentage point on Wednesday (July 27) to calm…

July 27, 2022
High global demand and a weak baht boosted Thai exports in JuneHigh global demand and a weak baht boosted Thai exports in June

High global demand and a weak baht boosted Thai exports in June

On Wednesday, the Minister of Commerce of Thailand made the announcement that Thailand's customs-based exports increased by a greater percentage…

July 27, 2022
In June, Singapore’s manufacturing output slow growth of 2.2%In June, Singapore’s manufacturing output slow growth of 2.2%

In June, Singapore’s manufacturing output slow growth of 2.2%

Annual growth in Singapore's manufacturing output slowed to 2.2% in June, as declines in the semiconductor and pharmaceutical industries weighed…

July 26, 2022
Thai Finance Minister predicts 4% in 2023 on tourism pick upThai Finance Minister predicts 4% in 2023 on tourism pick up

Thai Finance Minister predicts 4% in 2023 on tourism pick up

According to the statement made by the country's Minister of Finance on Tuesday, it is anticipated that the economy of…

July 26, 2022