South Korea’s economy bigger than first thought
South Korea’s economy has grown 4.9% more than previously thought every year on average since 2000, a revision that lowers…
Category: Economy
Semiconductors set to bolster industrial property
The growth of Vietnam’s semiconductor industry will facilitate the development of the industrial real estate sector, even as Vietnam needs…
S’pore hotel rates and other indicators fall in April
Singapore hotels’ average room rate (ARR) dropped month-on-month in April, in line with the fall in tourism arrivals, Singapore Tourism…
EPF committed to supporting retirement framework reforms – CEO
KUALA LUMPUR: The Employees Provident Fund (EPF) is committed to supporting reforms in Malaysia’s retirement income framework to ensure inclusiveness…
Singapore unlikely to draw large data centre investments
Singapore is unlikely to attract large-scale investments in data centre capacity from foreign investors, despite its recent plans to increase…
China’s robust services activity drives up employment, Caixin PMI shows
BEIJING: China's services activity in May accelerated at the quickest pace in 10 months while staffing levels expanded for the first…
Mexico peso falls as ruling party’s landslide win spooks investors
Mexican assets tumbled after preliminary election results showed the ruling party winning in a landslide that may empower it to…
Rice exporters divided on minimum export price
There should be a minimum export price for Vietnamese rice to prevent companies from engaging in price wars, undercutting each…
Seoul to extend tax cuts for fruit imports
Finance Minister Choi Sang-mok says the government will extend tariff reduction on fruit imports and introduce the lower-tariff scheme for…