Tag: Asia Economy
Hong Kong GDP contracted in all quarters of 2022
Hong Kong GDP posted shrank more than expected in the final quarter of 2022 as weakening domestic as well as global demand hurt the economy....
Asia inflation likely peaked, but rate hikes continue
With 2022 coming to a close, what is the state of Asia inflation? An era of low-interest rates might have come to an end. ...
Sri Lanka debt restructuring underway, IMF bailout likely
Sri Lanka debt restructuring plan is underway and will be made public after virtual interactions with the country's creditors....
Developing Asia growing faster than China
For the first time in three decades, the growth of developing Asia is higher than China's, says ADB. ...
World Bank VP says Asia debt impediment to growth
Following years of economic expansion counties in the APAC region face a risk of slowing economic growth due to Asia debt....
Asia aviation industry gets a leg up
Asia aviation sector is likely to rebound with higher passenger traffic, with several countries implementing airport expansion plans....