‘Maintaining the energy subsidy is a heavy task. How long can we go on like this?’ says President Widodo, but while his approval ratings are high, limiting subsidies or recipients is no easy task, say experts. Source link
Read More »Malaysia’s GDP growth to quicken on pent-up demand, FM Zafrul says
‘Restaurants are packed, traffic jams have returned’, finance chief Zafrul Aziz says, with economic recovery also aided by boom in overseas trade. Source link
Read More »Inflation looks set to stay. What are Asean economies going to do about it?
Singapore’s confident it can keep inflation in check, but the Philippines could tip over into recession, analysts say – as Thailand looks to tourism to save the day. Source link
Read More »Shenzhen turns to electronics subsidies to boost economy
Consumers will be able to get back as much as 15 per cent on purchases of eligible electronics, with a preliminary list including thousands of Huawei listings but none for foreign brands. Source link
Read More »Hong Kong firms left ‘speechless’ by ‘peanuts’ Covid-19 aid package
Hong Kong industries reeling from the unfolding outbreak involving the Omicron coronavirus variant have been left disappointed by the government’s HK$3.57 billion (US$457.7 million) aid package and its decision to extend social-distancing curbs.Industry players lamented that the subsidies were insufficient to cover losses and operational costs as a result of …
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