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Diversifying Heilongjiang's economy

BEIJING - The Asian Development Bank has approved a US$310 million loan to help catalyze economic diversification and revitalization in four coal-dependent cities in Heilongjiang Province in the northeastern region of the People’s Republic of China (PRC). The loan will support the development of small and medium-sized enterprises (SMEs), environmental cleanup from coal mining, and........

Stable but inequal economic growth

BANGKOK - Economic conditions in Asia-Pacific remain stable, supported by stronger-than-expected performances in some of the region’s larger economies and steady performance in most smaller ones. Deepening inequalities and domestic financial vulnerabilities in some economies, along with a high number of climate-change induced natural disasters in the region, however, may overshadow.....

 
Salary increases in Asia in 2018

HONG KONG - Mercer unveiled the results of its ‘Compensation Planning for 2018’ for the region including predictions for hiring intentions and pay increases across Asia, Middle East and Africa. Asia has been leading the growth revival in the global economy in the last three years, and for the first time in decades OECD expects all the 45 countries it tracks to grow in 2018 signaling a strong overall recovery.....

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