Skip to content
Join our Newsletter

Asia Pacific

India: Tax havens in transit

The sources of foreign investment flows are often bemusing and amusing. Cyprus is often the major source of investment in Russia, because that's where the oligarchs keep their money when things are tense at home.
South Korea: Sinking takes economic toll

South Korea: Sinking takes economic toll

The grief being felt by South Koreans over the April 16 sinking of a ferry, in which more than 300 people, most of them high school students, died, continues to have an economic impact.

Bangladesh: Polluters face tax

Bangladesh is preparing to introduce a “green tax” to try to check pollution by industries.

Southeast Asia: Prophet motive

Canada's third-largest insurer, Sun Life Financial, is boosting investment in Indonesia and Malaysia as income from Asia's biggest markets, China and India, has fallen.

Papua New Guinea: LNG ahead of schedule

The half-island nation of Papua New Guinea has shipped its first tanker of liquefied natural gas (LNG) to Japan. The $20 billion project by ExxonMobil PNG Ltd.

Singapore: Government with a smile

There has always been a hard edge to Singapore’s style of government. The popular description for it is “Gucci fascism.

Southeast Asia: VW steers toward Thailand

The eagles continue to gather as the 10-member Association of Southeast Asian Nations (ASEAN) approaches its rebirth as a European Union-like economic community next year.

India: Gold tames trade deficit

India’s efforts last year to reduce its runaway trade deficit by regulating the gold trade appear to have paid off. The country’s trade deficit was $10 billion in April, down from $18 billion in the same month last year. At the same time, exports grew 5.26% to $26 billion over $24 billion in April 2013.

South Korea: About-face on pension rules

Public opposition is forcing the government of South Korea to backtrack on giving monthly pensions to elderly dual citizens who live abroad more than 60 days a year.

Bangladesh: System tracks aid money

When international agencies give aid to a country for development projects, it is not always clear if the money gets to where it was intended or if the best use is made of it.