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Services including healthcare, entertainment and travel flourished while the share of housing in overall consumption fell, reflecting property-market troubles. Markedly lower…
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DOI: 10.1108/OXAN-DB285173
ISSN: 2633-304X
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The housing market is experiencing its largest downturn, triggered by government action in 2020 to limit financial risks from the property sector by introducing debt ceilings for…
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DOI: 10.1108/OXAN-DB285545
ISSN: 2633-304X
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Local governments’ fiscal positions have become increasingly untenable post-pandemic amid a property market downturn. Record numbers of local government financing vehicles (LGFVs…
Most Asian states recognise the benefits of cryptocurrency adoption, such as low transaction costs for remittances and the introduction of blockchain technology into public…
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DOI: 10.1108/OXAN-DB280103
ISSN: 2633-304X
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The budget is likely to be enacted by the end of the current fiscal year in March 2024. Rapidly increasing military spending reflects drastic changes in Tokyo’s defence policy. On…
For many infections, first-line treatments are no longer proving as effective as previously. Alternative treatments are not easily accessible in all parts of the world and…
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DOI: 10.1108/OXAN-DB282707
ISSN: 2633-304X
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However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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The Cambodian People’s Party (CPP) -- led by former premier Hun Sen, Hun Manet’s father -- won 120 out of 125 seats in the National Assembly, the lower house, in last July’s…
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DOI: 10.1108/OXAN-DB285241
ISSN: 2633-304X
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President Xi Jinping first used the concept on an inspection visit in Heilongjiang province in September 2023. The NPF concept recognises that China's existing growth model cannot…
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DOI: 10.1108/OXAN-DB285459
ISSN: 2633-304X
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Islamabad now seeks a larger, longer-term bailout programme with the Fund. Finance Minister Muhammad Aurangzeb has suggested that a staff-level agreement on such a package could…