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Tag: Asia Economy

Inflation soaring in Asia

An uptick in Asia inflation has prompted multiple rate hikes, but economies in the region are in better shape than their Western counterpart...

G-7’s $600 bn fund to rival China’s BRI

The G-7 Summit's first day saw member nations pledging to raise $600 billion in the next five years to invest in developing economies....

The troubled economies of Southeast Asia

Laos' debt obligation now makes up 88% of its GDP, while Myanmar is staring at dwindling foreign currency reserves. ...

Southeast Asia’s tourism gears up to boost economy

Southeast Asia is opening up for international tourism again. While the arrivals are still low compared to pre-pandemic times, numbers are o...

Sri Lanka’s economy is on the brink of a collapse

Sri Lanka is facing bankruptcy as foreign reserves are at their lowest, inflation is in double digits, and the country is likely to default ...

Inflation in Asia threatens global economic growth

Pent-up demand, supply chain woes and high energy prices have stoked fears of rising producer expenses in Asia, indirectly impacting retail ...
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