Economy News

Economy

Japan Warns of Strained US Relations Over New Tariffs

Japanese Chief Cabinet Secretary Yoshimasa Hayashi voiced concerns over new US tariffs, warning of potential impacts on Japan-US relations and the global trade system. The White Ho...

Economy

Trump's 50-Day Presidency: Economic and Foreign Policy Challenges Mount

President Donald Trump's presidency faces economic and foreign policy challenges as aggressive tariffs and strategies meet resistance, impacting the stock market and global relatio...

Economy

Malaysia Introduces Mandatory 2% Pension Fund Contribution for Foreign Workers

Malaysia is set to implement a mandatory 2% pension fund contribution from foreign workers starting in the last quarter of this year. This new policy aims to provide dividends to f...

Economy

Digital Transformation Leads to Workforce Reductions in Banking Sector

Banks are increasingly adopting automation and AI, leading to workforce reductions. This shift towards digitalization is reshaping the banking sector, with a focus on enhancing eff...

Economy

Singapore Announces Major Changes to Work Permit Policies for Foreigners Starting July

Singapore is set to remove the employment period cap for foreigners with work permits, raise the maximum employment age, and expand the list of eligible jobs. These changes aim to ...

Economy

February Job Market Thrives with Overall Growth Despite Sector-specific Hurdles

February's employment trends show overall growth with 28.179 million employed persons aged 15 and over, marking a 136,000 increase from last year. While sectors like healthcare and...

Economy

February Sees a 4% Surge in Japan's Producer Prices, Aligning with Forecasts

Japan's Producer Price Index rose by 4% in February year-on-year, meeting expectations. The monthly PPI remained stable, while export prices grew by 1.2% yearly and 0.5% monthly. I...

Economy

Vietnam and Indonesia Forge Stronger Ties: A Look into the Future of Bilateral Economic Cooperation

Vietnam and Indonesia strengthen economic ties through a business dialogue, exploring cooperation in AI, digital economy, green energy, and more, marking 70 years of diplomatic rel...