Page 26 - Developing Asia News Today : Breaking News, Live Updates & Top Stories | Vimarsana

File pic - IZZRAFIQ ALIAS/The Star KUALA LUMPUR: The International Monetary Fund (IMF) maintains its forecast on Malaysia’s gross domestic product (GDP) growth this year at 6.5 per cent, according to its latest World Economic Outlook (WEO) report published today. Themed "Managing Divergent Recoveries”, the report also stated that the country’s economy is expected to grow at 6.0 per cent in 2022. IMF expects the country’s unemployment rate to drop to 3.8 per cent this year before going further down to 3.6 per cent in 2022, as compared to 4.5 per cent in 2020. In its Country Report rele...

Social bonds are designed to raise proceeds for projects with positive social outcomes. The publication serves as a primer on how social bonds can facilitate more inclusive development and help in Asia’s recovery from COVID-19. It also identifies potential solutions to overcome salient barriers to social bond market development in the region. Contents  Historical and Market Context Urgent Need for a Robust Social Bond Market in Asia Social Bonds—Current Market Profile Social Bond Market Participants Asian Social Bond Market Characteristics Overcoming Obstacles to Social Bond Market Growt...

Rebooting Economy 56: Why India should follow agricultural development-led industrialisation growth model Most successful, industrialised and fast-growing Asian economies like Japan, South Korea, China, and Vietnam followed this model, as did Indonesia, Malaysia, and Thailand. Why can't India? Prasanna Mohanty | January 6, 2021 | Updated 21:06 IST Agriculture's share of gross capital formation (GCF) fell from 8.5% of the total GCF of economy in FY12 to 6.5% in FY19 The economic reforms that began slowly in 1980s and got turbo-charged in 1991 did bring high growth, but this growth is perhaps ...

Centre's new farm laws are bold steps that can bring about structural change in Indian agriculture The present system of agricultural procurement has outlived its utility, is inequitable, and lacks dynamism Manas Chakravarty December 16, 2020 15:53:47 IST Representational image. Reuters The problem with Indian agriculture, put succinctly, is simply this: it is, for most farmers, an unviable business. A National Sample Survey Office (NSSO) report that mapped the income, e...

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