Thailand aims to lift the average per capita income by 31% in five years by tailoring economic and social policies to generate more wealth, even as it battles near-record household debt and a high cost of living.Continue Reading
KUALA LUMPUR: Financial institution Negara’s international reserves amounted to US$106. 3bil as in Sept 15, straight down from US$108. 2bil as at August 30. Read full tale Continue Reading
HappyFresh offers shut down operations in Malaysia and Thailand after struggling in those countries, making the embattled grocery delivery startup to focus on its main Indonesian market. Read full tale Continue Reading
The waves of off-screen drama and gossip surrounding “Don’t Worry Darling” has put director Olivia Wilde’s second movie in an awkward spot, unable to justify the hype (it’s at best OK) but probably well advised to cash in on it. Florence Pugh makes the strongest case for seeing the film, but given how in-demand she is, if you miss this one, don’t worry.Continue Reading
The South Hard anodized cookware nation is facing its worst recession since independence in the UK in 1948.Continue Reading
Over and above fixed deposits plus Singapore Savings Bonds, experts say investors can also consider Treasury bills and short-term government securities bonds as low-risk investment options.Continue Reading
While other developing nations slip into foreign debt death spirals, Cambodia sits in a relatively hale spot on league tables monitoring who is likely next at risk of tumbling into a so-called China “debt trap.” Whereas Ethiopia and Zambia are the latest to request restructuring of their China-owed debts, joining Pakistan, Sri Lanka and Laos, […]
The post Cambodia not quite yet in a China debt trap appeared first on Asia Times.
The Criminal Court for Corruption and Misconduct Cases has ordered the confiscation of 136-million-baht worth of assets from Pol Lt Gen Somchai Nitayabowornkul, a former deputy commissioner of Provincial Police Region 8, who was found to be unusually wealthy by the National Anti-Corruption Commission, NACC secretary-general Niwatchai Kasemmongkol said on Wednesday.Continue Reading
India and Pakistan inherited the same economic legacy of underinvestment and neglect from Britain when they became independent states following the Partition on August 15, 1947. Their colonial economies were among the poorest in the world. For both nations, independence almost immediately led to strong growth and fueled significant gains in education, health care and […]
The post Why India’s economy is so much better than Pakistan’s appeared first on Asia Times.
MANILA – This week, President Ferdinand “Bongbong” Marcos Jr became the first Filipino leader to visit the United States in more than half a decade. His Beijing-friendly predecessor, Rodrigo Duterte, refused to visit even a single Western capital throughout his six years in office. The last time a Filipino president visited the US was in […]
The post Marcos hat in hand in US while keeping China close appeared first on Asia Times.