Australia’s biggest bank warns of economic downside as profit dips
SYDNEY: Commonwealth Bank of Australia on Wednesday warned of downside economic risks building in Australia from continued high interest rates…
Category: Economy
Vietnamese SMEs thrive on Amazon platform
Vietnamese small and medium enterprises (SMEs) are increasingly leveraging the Amazon platform not only to boost product sales but also…
Web3 firms in S’pore aim to grow talent pool
Ahead of Budget 2024, Web3 and digital asset firms here say they hope for help to grow the sector’s talent…
Cambodia’s employment slated to grow by 2.5%
Phnom Penh: Cambodia expects to have up to 10.2 million employed people in 2026, based on a predicted future labour…
Thailand to create asset firm to tackle soaring household debt
BANGKOK: Thailand will establish an asset management firm in the first quarter of this year to help resolve its stubborn…
IMF’s Georgieva says Mideast growth to slow in 2024 on oil cuts
DUBAI: The International Monetary Fund (IMF) says the Middle East economies are lagging below growth projections due to oil production…
Manila to set ‘more realistic’ growth targets
MANILA: Economic managers will come up with “more realistic” growth targets for 2024 until the end of President Marcos’ term…
Necessary changes to an unsustainable system
FISCAL pressures and demographic trends (increasing life expectancy and ageing society) in Malaysia have increased the urgency of reforming our…
Thai cabinet approves US$15.7bil more in new borrowing for 2024 fiscal year
BANGKOK: Thailand's cabinet on Tuesday approved an additional 560 billion baht ($15.66 billion) in new borrowing for the 2024 fiscal…