Mongolian President Khurelsukh vetoes entire 2025 state budget
Reasons cited for the budget veto include economic and market considerations; non-compliance with budgetary principles; overspending and deficit issues; and violation of legal…
ECONOMIC AFFAIRS
Thai rice prices surge in 2024 as demand outstrips supply
The Thai Commerce Ministry has announced an increase in Thai rice prices for 2024, with both export prices and paddy prices on the rise.
Essential Christmas Eve dinner staples remain at 2023 prices in the Philippines
Many of these essential items have remained at their 2023 prices, while others have even decreased.
Bhutan’s Bitcoin asset value crosses USD 1B, ranks fifth among countries holding BTC
Unlike other countries where BTC are more common from reported law enforcement asset seizures, Bhutan mines Bitcoin with abundant hydroelectric resources.
Endless stream of storms draining Philippine GDP, home incomes
According to the website Science Direct, an average of 20 typhoons, or 25 percent of typhoons worldwide, barrel their way into the Philippines every year. Out of the 20, five are…
Japan’s opposition party to prioritise income tax reform
The DPFP wants to change the income tax system so that students working part-time and others who earn more than ¥1.03 million will not create a higher tax burden for their…
President Prabowo enlists help of economic heavyweights for his advisory council
The eight-member council, which is part of Mr Prabowo’s expanded administration, is also staffed with notable figures, including former trade and finance ministers, a former…
Vietnam among top three ASEAN countries in terms of industrial competitiveness
The industrial sector's share of GDP could be over 40 percent, with the manufacturing and processing industry alone accounting for around 30 percent of the country's GDP.
Up to US$1,142 starting salaries for Johor-Singapore special economic zone possible, says Malaysia DPM
Datuk Seri Dr Ahmad Zahid Hamidi noted that Johor faces competition from its neighbour in hiring skilled and quality workforce due to the conversion rate of the salaries offered.
Young Indonesians storming the stock market
Success stories among their peers and a plethora of user-friendly investing apps are luring ever more young Indonesians into the stock market, but some learn the hard way that…