Economy

US and Japan agrees to discuss economic impact of Ukraine war

UKRAINE: As a result of Russia's war in Ukraine, U.S. Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki…

July 12, 2022

Climate change worries Japanese wasabi farmers

JAPAN: There are many Japanese farmers who begin to worry about Typhoon Season months in advance, haunted by recollections of…

July 12, 2022

OPINION: How Sri Lanka spiraled into a state of emergency

SRI LANKA: President Gotabaya Rajapaksa appears to have finally succumbed to Sri Lanka's economic problems. Protesters attacked the president's official…

July 12, 2022

OPINION: As the youth tackles inflation head on, should they save, invest or retain?

MANILA: 22-year-old Chin Ching Peng had to make a choice between her dream career as a copywriter and a new…

July 11, 2022

Philippines government will boost rates by 50 bps in August

MANILA: At its August meeting, the Philippines central bank is prepared to hike its policy interest rates by 50 basis…

July 8, 2022

After 4 years, Italy’s bridge trial begins

ITALY: The trial of 59 defendants charged with manslaughter and undermining transportation safety in the case of the Genoa bridge…

July 7, 2022

Malaysia’s central bank boosts interest rates to 2.25 percent for economic growth

MALAYSIA: A 25-basis-point increase in interest rates was announced by Malaysia's central bank on Wednesday (July 6). This is the…

July 6, 2022

Minister: Malaysia’s government would maintain inflation in check

MALAYSIA: Minister Tan Sri Annuar Musa said that the government's Special Task Force on Jihad Against Inflation will work to…

June 30, 2022

Malaysia is thinking about bringing back the GST

MALAYSIA: Earlier this month, Malaysian Prime Minister Ismail Sabri Yaakob was quoted as saying that the government was interested in…

June 29, 2022

Tourism and exports will boost Thailand’s economy by 3.5% this year

THAILAND: On Tuesday, Thailand's finance minister predicted that the country's GDP will increase by around 3.5 percent this year, mostly…

June 29, 2022

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