Economy
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Malaysia’s trade performance breaks record in April
Kuala Lumpur, June 1, 2021 — cyberinktimes.com — KUALA LUMPUR: The Department of Statistics reported that owing to…
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Malaysia’s Economic outlook improves but challenges remain
Kuala Lumpur, June 1, 2021 — cyberinktimes.com — KUALA LUMPUR: Malaysia’s economic outlook has improved. The Statistics department…
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Singapore Economy Sees Surprise Growth Despite Ongoing Pandemic Uncertainty
Singapore’s economy expanded by 1.3 percent during the first quarter of 2021, according to final figures released by…
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Singapore’s exports continue to grow in April but at a slower pace of 6%.
Singapore, May 19, 2021 — cyberinktimes.com — SINGAPORE: Singapore’s non-oil homegrown fares (NODX) rose at a more slow…
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Japan rolls out $1 trillion stimulus package to soften coronavirus impact
Japanese Prime Minister Shinzo Abe announced on Monday a nearly $1 trillion in stimulus to protect its economy…
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Indonesia Unveils $24 Billion Stimulus Package Amid Coronavirus Crisis
JAKARTA — Out of Indonesia’s 270 million citizens, approximately 70 million operate within the informal economy. These workers…
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Vietnamese products see enormous demand in the US market
Goods with ‘Made in Vietnam’ tags have become more popular in the United States as the world’s largest…
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Australia Unveils $79 Billion Stimulus to Stabilize Employment Markets
The Australian government announced on March 31, 2020, a new $79.85 billion economic stimulus package aimed at preserving…
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Australia pledges additional $80 billion coronavirus stimulus to rescue jobs
A massive financial intervention aims to stabilize Australian employment markets The Australian government announced plans on March 31,…
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Philippines Lockdown Forces Families to Choose Between Virus and Hunger
The enhanced community quarantine that began March 16 across Luzon presents a stark dilemma for millions of Filipino…
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Japan and South Korea Hold Talks to Resolve Trade Dispute
Japan and South Korea have committed to further discussions on their ongoing trade dispute following a 16-hour video…
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Thai Airways and Airport Leaders Resign Amid Financial Crisis
On 12 March, Thai Airways president Sumeth Damrongchaitham submitted his resignation, and within hours Suvarnabhumi International Airport’s chief…
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Vietnam’s Gold Market Sees Significant Price Correction Amid Uncertainty
Amidst a shifting landscape in Vietnam’s precious metal sector, domestic gold market prices underwent a substantial correction during…
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Macau Suffers Worst Monthly Downturn in History Amid Pandemic
The coronavirus pandemic delivered an unprecedented economic blow to Macau, the world’s largest gambling hub, as February 2020…
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2 South Korean electronics giants close plants due to virus cases
Samsung Electronics and LG Innotek announced the temporary closure of manufacturing plants in Gumi, South Korea, on March…
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China’s Car Market Sees 90 Percent Sales Drop Overnight Suddenly
By late February 2020, the coronavirus outbreak had achieved what no economic downturn, tariff dispute or regulatory change…
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South Korea Raises Virus Alert to Highest Level Amid Surge
On February 25, 2020, South Korea confronted a rapidly intensifying public health emergency and a growing economic threat.…
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South Korea faces economic difficulty as virus cases climb
On February 25, 2020, South Korea faced a dual crisis as confirmed coronavirus cases surged from 31 on…
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Indonesia Cuts Interest Rate to Mitigate COVID-19 Economic Impact
Indonesia’s Preemptive Rate Cut Amid Early COVID‑19 Concerns Indonesia’s Preemptive Rate Cut Amid Early COVID‑19 Concerns On February…
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India Surpasses UK and France as Fifth-Largest Economy Globally Suddenly
According to the U.S.-based research firm World Population Review, India’s nominal gross domestic product reached $2.94 trillion in…
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China Pulls 7.8 Billion Yuan Virus-Tainted Cash From Guangdong
Seven point eight billion yuan. That is the amount of cash the People’s Bank of China has already…
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China to Destroy Banknotes Exposed to Covid-19 High-Risk Environments Immediately
On February 17, 2020, the People’s Bank of China confirmed that it will destroy all banknotes that have…
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Philippines’ credit rating gets upgrade due to “strong economy”
American credit watcher Fitch Ratings was impressed with the “very strong” macroeconomic story of the Philippines and gave…
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Coronavirus hammered Hong Kong’s economy worse than protests
The novel coronavirus dealt a heavier blow to Hong Kong’s economy than six months of anti-government protests, financial…
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