PHILIPPINE inflation returned to target in 2024 after missing it for two straight years, yet authorities vowed to remain vigilant as upside risks remain. Read more at The Business Times.
Philippines entering 2025 in stronger position: BSP
HandoutThe Philippines is entering 2025 in a stronger position than at this time last year, the country’s economic managers said in a Palace briefing Monday.BSP Governor Eli M. Remolona Jr. said the country is seeing the “fruit of our efforts in bringing down inflation within the government’s target range of 2 to 4 percent.
Japan finance minister issues fresh warning against weak yen
Japan Finance Minister Katsunobu Kato issued a fresh warning against speculative yen selling on Tuesday, as the Japanese currency sank to a five-month low below 158 per dollar in volatile trade. "The ...
Blinken visits Japan as Nippon Steel decision weighs on relations
U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel casts a shadow over Secretary of State Antony Blinken's visit to Japan on Tuesday for farewell meetings ...
Motorcycle-sized tuna fetches more than $1 million at Japan auction
A bluefin tuna about the size of a motorcycle has been sold for $1.3 million (207 million yen) at Japan’s most prestigious fish market, setting the second highest price on record during its new year ...
Bangladesh bureaucracy faces fresh friction amid reforms
The government’s administrative machinery appears mired in perpetual turmoil, with challenges and disputes surfacing regularly. These issues, spanning the corridors of the Bangladesh Secretariat and ...
While Apple negotiates Indonesia sales ban, another Chinese smartphone maker is entering the country
Huawei spinoff Honor announced Tuesday it is entering Indonesia and plans to launch its smartphones there by the end of March.
Pentagon to blacklist China’s largest EV battery and tech firms
The Pentagon is banning a number of Chinese technology firms, including CATL, the world’s largest EV battery manufacturer, which provides batteries to Tesla.
Maldives Defence Minister’s Visit to India: A Crucial Moment for Bilateral Security and Regional Stability
This visit, the first by a Maldivian Defence Minister since the government of President Mohamed Muizzu took office in November 2023, comes in the wake of political tensions surrounding the presence of ...
Mongolia’s Golomt Bank issues debut sustainable bond
Golomt Bank has raised $50 million from its inaugural sustainability bond, which is believed to be only the second labelled sustainable bond from a Mongolian issuer to date. Subscribe to Environmental ...