Asian Insider brings you insights into a fast-changing region from our network of correspondents and commentators. Read more at straitstimes.com.
find out the reasons for the surge in prices, how people are coping and what governments have been doing to mitigate the impact.India has a culture of election freebies, where political parties promise everything from goodies like laptops and mixer grinders to electricity subsidies in the run-up to state or federal elections.
, unchecked for many years, has come under scrutiny, writes India bureau chief Nirmala Ganapathy as two years of Covid-19 pandemic puts pressure on the coffers of many states.
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How do Asian countries outside China celebrate the Mid-Autumn Festival?The Mid-Autumn Festival falls on the 15th day of the eighth lunar month – which in 2022 is September 10. The festival is celebrated by cultures throughout East Asia, and by Chinese immigrants and their descendants in Southeast Asian countries. We take a look at how it is celebrated in five countries. The Moon Praying Festival has a traditional tale...
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Asian markets gain, investors anxious for US rate hike cluesHONG KONG : Asian share markets were broadly positive while the dollar was slightly weaker on Thursday, with investors nervously awaiting the U.S. Federal Reserve's annual Jackson Hole conference for clues on how sharp future interest rate hikes might be.MSCI's broadest index of Asia-Pacific shares outsid
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Sri Lanka widens import ban as economic crisis persistsThe South Asian country banned 300 additional items. Read more at straitstimes.com.
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Qatar to invest $4.2b in beleaguered Pakistan economyDOHA (AFP) - Qatar said Wednesday (Aug 24) it would invest US$3 billion (S$4.2 billion) in Pakistan's debt-ridden economy in the latest boost by a Gulf state for the ailing South Asian nation. Read more at straitstimes.com.
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Pandemic sets back Asia-Pacific's poverty fight by 2 years: ADBMANILA (REUTERS) - The pandemic has set back the fight against poverty in the Asia-Pacific region by at least two years, and many nations will find it harder to escape poverty, the Asian Development Bank (ADB) said on Wednesday (Aug 24). Read more at straitstimes.com.
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India to tell US that Russia oil price cap needs consensusThe South Asian nation has emerged as one of the biggest buyers of Russian oil since the invasion of Ukraine. Read more at straitstimes.com.
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