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However, containment measures will cause social tensions and devastate tourism and fishing, their two key income sources.
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DOI: 10.1108/OXAN-DB251754
ISSN: 2633-304X
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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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Some observers fear Nepal could soon end up in a full-blown economic crisis such as that now affecting Sri Lanka, which recently suspended external debt servicing. Kathmandu, like…
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DOI: 10.1108/OXAN-DB270224
ISSN: 2633-304X
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Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…
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DOI: 10.1108/OXAN-DB266266
ISSN: 2633-304X
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ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.