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Economies

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How soon can Beijing alleviate China’s local debt cris...

China's local government debt crisis is worsening as LGFV debt burden collectively reached $8 tn, as per S&P....
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Thailand Tourism: Visa requirements lifted for the Chinese

Around 2.1 million Chinese tourists have visited the country in the first eight months of 2023, making up 11.73% of all international visits...
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China’s income inequality surges to all-time high

In China, the top 1% of the population currently commands a staggering 31% share of the nation's total household assets....
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Thailand economy: New leadership to alleviate woes?

The new PM Srettha Thavisin will want to fulfil the promises he made during his election campaign to bring Thailand's economy back on track....
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India’s GDP surges to one-year high

India's GDP growth in the Q1 of FY24 was driven by an upswing in the nation's service sector, coupled with a boost in private consumption....

Japanese Yen’s purchasing power wanes

The Japanese Yen sees a decline in its buying power against major currencies and exerts pressures on the household budget....
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