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Tag: Asia Economy

Sri Lanka debt talks marred by China’s absence

Debt-ridden Sri Lanka's outlook remains gloomy. High inflation has weakened purchasing power and affected livelihoods....

Pakistan’s economic woes continue

Pakistan owes more than $77 bn to its creditors by 2026....

El Nino’s economic impact on Asia

A natural phenomenon, El Nino's economic impact on the global economy would amount to losses of $3 trillion....

China tourism rebounds to pre-Covid level

During the May Day holiday period this year, outbound travel bookings in the China tourism sector reached a three-year high. ...

IMF upgrades its Asia economy outlook for 2023

The improved Asia economy outlook from the UN agency comes despite the weakening external demand and a technology downturn....

Asian central banks at the end of rate hikes?

Asian central banks may be closer to ending the interest rate hike cycle as inflation seems to have peaked in the region....
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