Economy

Consumer prices in Sri Lanka rises, highest since 2015

COLOMBO: As the island nation struggled through its worst economic downturn in seven decades, Sri Lanka's overall inflation increased in…

June 22, 2022

North Korea halts imports of COVID-19 containment equipment from China

BEIJING: After purchasing face masks and ventilators from China in prior months, North Korea unexpectedly ceased importing COVID-19 prevention and…

June 21, 2022

The Bank of Korea has raised its inflation estimates and plans to examine its large step hikes

SEOUL: On Tuesday, South Korea's central bank said it expected inflation to be higher than previously forecasted, and that it…

June 21, 2022

As global threats grow, the Philippines faces larger current account deficits

MANILA: Considering the challenges that the global economy is facing, the Philippine central bank said that it expects the country’s…

June 21, 2022

Fish prices in Singapore are rising

SINGAPORE: Fish and seafood prices jumped 5.6 percent year over year in April, up from 5.2 percent in March, according…

June 20, 2022

Cassava exports in Thailand are increasing as the Ukraine crisis impacts grain supplies

BANGKOK: Thailand's cassava exports increased from January to April last year as importers sought grain alternatives, according to a senior…

June 20, 2022

Renewable energy activists are urging Marcos to pick the next DOE chief carefully

PHILIPPINES: Groups campaigning for energy sector changes urged President-elect Ferdinand Marcos Jr. to pick the country's next energy secretary with…

June 17, 2022

Drink less tea to alleviate country’s economic struggle, Pakistanis are told

PAKISTAN: As the world's top tea importer grapples with surging inflation and a rapidly declining currency, Pakistanis have been advised…

June 17, 2022

Desired four-day work week by a country is not making its workers happy

SRI LANKA: Shorter work weeks are becoming popular in places like Iceland and the United Kingdom, with the goal of…

June 17, 2022

China’s Friendship With Russia Grows, Vowing Its Support

Beijing - On Wednesday, June 15, President Xi Jinping assured Vladimir Putin of China's support for Russian "sovereignty and security."…

June 17, 2022

This website uses cookies.

Read More