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YANGON — Poverty in Myanmar is more widespread than at any time in the last six years and growth in the conflict-torn nation is likely to remain at a measly one per cent in the current fiscal year with little respite in sight, the World Bank said on June 12.
Ahead of the country’s budget on Wednesday, inflation is down, forex reserves are up. But analysts warn it’s early days.
HANOI, Vietnam (AP) — An extreme weather phenomenon known as the dzud has killed more than 7.1 million animals in Mongolia this year, more than a tenth of the country’s entire livestock holdings, endangering herders’ livelihoods and way of life.
Wednesday is shaping up to be one of the most important days of the year for economic news, as investors will hear about the path of inflation and the manner in which the Federal Reserve plans to react.
Before the Covid-19 pandemic, mainstream global economic research institutions widely predicted that China would surpass the US in economic size by around 2030.
Beijing has fallen three places from 2022 to No 8 in the latest ranking of the world’s top 40 start-up ecosystems, as a weak domestic economy and growing tensions with Washington deter investment interest in China’s capital.
Beyond the Regional Comprehensive Economic Partnership (RCEP), the three economies are resuming negotiations on a free-trade area.
TOKYO (Reuters) -- Japan plans to stick to its goal of achieving a primary budget surplus in the next fiscal year, according to a draft of annual policy guidelines for budget planning.