Tag: Asia Economy

Former Malaysia Prime Minister Mahathir says he's 'not involved in corrupt practices'

Malaysia's former prime minister Mahathir Mohamad said he and his family members were not involved  in any "corrupt…

Think Bhutan’s $100 daily tourism fee is pricey? It could go even higher, says prime minister

Bhutan may reconsider its controversial $100 daily tourism fees if the country's tourism industry recovers soon, Bhutan's Prime…

China’s international students under pressure as economic uncertainty looms

As a growing number of overseas Chinese students run into financial difficulties due to the declining wealth of…

Fallout between the Maldives and India is ‘absolutely’ benefiting Sri Lanka, says tourism minister

Calls for Indian travelers to boycott the Maldives is "absolutely" helping Sri Lanka's travel industry, the country's Tourism…

Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target

Sony said sales of its flagship PlayStation 5 console totalled 20.8 million in the fiscal year 2023 slightly…

Uber to acquire Foodpanda's Taiwan business for $950 million, creating a potential monopoly

TAIPEI, TAIWAN - 2021/07/19: A foodpanda delivery man wearing a face mask rides past a Taiwanese flag ahead…

Sri Lanka travel visa costs doubled to $100 last month. The reason for the hike is disputed

The cost to obtain a short-term visa to visit Sri Lanka rose from $50 to $100 in April.But…

Citi upgrades India to 'overweight' citing stable earnings, economic growth

After overtaking Hong Kong's stock market in December, India currently has the fourth largest in the world, and…

Asia markets track Wall Street gains amid renewed U.S. rate cut hopes; Hong Kong stocks hit 10-month high

Hong KongKanchisa Thitisukthanapong | Moment | Getty ImagesHong Kong led Asia-Pacific stocks higher on Friday as markets tracked…

Asia markets mixed ahead of China trade data and Japan pay figures

View of Shanghai skyline from a container station.Yaorusheng | Moment | Getty ImagesAsia-Pacific markets were mixed ahead of…

HD Hyundai Marine Solution doubles in South Korea's largest IPO since January 2022

Employees of HD Hyundai Marine Solution Co., during the company's listing ceremony at the Korea Exchange in Seoul,…

UOB reports first-quarter profit fell less than expected, maintains 2024 growth outlook

Singapore's United Overseas Bank, or UOB, reported a smaller-than-expected decline in first quarter net profit on Wednesday, squeezed…