Foreign domestic workers will enjoy high wages under a government pilot project – raising affordability concerns among Korean families seeking care.
Foreign domestic workers will enjoy high wages under a government pilot – raising affordability concerns among Korean families seeking care
Hanoi’s deft diplomatic balancing act sees it leverage the regional bloc to resist geopolitical pressures arising from US-China competition.
With home prices soaring and wallets squeezed, simmering anger over the government’s handling of the housing market threatens to boil over.
Sri Lanka’s September polls could prove to be a ‘game changer’ for its relations with its two most powerful neighbours, analysts say.
UOB’s managing director believes investors will want to take advantage of tax incentives offered within the special economic zone.
If more New Zealanders were to stay overseas for a long time, it could lead to a demographic timebomb at home, economists warn.
Opposition’s call for parliamentary probe could put government in an awkward position, but analysts say market fallout may be unlikely.
Analysts say Ola Electric’s successful IPO could help address supply chain, product quality issues to boost take-up of two-wheelers in India.
Lack of publicly available data on foreign ownership of properties makes it difficult to estimate Chinese demand, industry players say.
Indonesians have also targeted Starbucks, McDonald’s and several clothing brands for boycott over their perceived links to Israel.
While influx of Chinese workers has helped improve lives for some Indonesians, activists warn of rights abuses in National Strategic Projects.
Officials have panned the plan but the business group behind the proposal insists that income from the venture could solve a raft of issues on the resort island.
The reported scrapping of a Southeast Asian Tesla factory could boost tariff-squeezed Chinese EV brands seeking new markets.
The criticisms came after 10 train accidents happened in the past month and the deadly crash in June last year, which killed about 300.
From Sentosa Cove properties to whiskies, rich foreigners are holding back on spending following a major money-laundering case and tax hikes.
Singaporean buyers cite the cost of living, the RTS Link, retirement needs and overseas holidays as the main reasons for their purchase.
Pro-tobacco activists oppose a ban on selling individual cigarettes, claiming the move will impact businesses and goes against Indonesia’s smoking culture.
Despite market turmoil, economists see the downturn as a controlled response to inflation.
US interest rate cuts may divert investors away from emerging markets like Malaysia as they hunt for bargains in the US, analysts warn.
Canberra’s tougher market regulation could provide fodder for trade conflicts as it expands economic ties with Southeast Asian partners.
Experts say the president-elect will face significant financial hurdles, including high debts, weak consumption and geopolitical risks.
