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Tackling income inequality in Malaysia
CHANDRASEKARAN Ramaiah fell into hardship when he suffered a stroke some years ago. Now partially recovered, he runs a food kiosk in Melaka after having secured help under the Azam Tani programme.
Highlights: Details from China's policy documents
BEIJING: The following are comments from the policy reports delivered by Chinese Premier Li Keqiang, the finance ministry and the National Development and Reform Commission (NDRC), the country's top economic planner, at the country's annual parliament session.
Myanmar spring: ‘Look, listen, learn and leave’
In the 30 months since the new regime assumed power, Myanmar has undergone a remarkable transformation.
China's Third Plenum reforms are well received
But, the new deal flashes danger signals. Overall, the reform package is robust and substantive. It’s the most ambitious attempt at reform in two decades.
Kyat slumps as imports flood into Myanmar
YANGON: Myanmar’s currency has plunged more than 7% over the past month to the lowest since it was floated last year, raising concern about economic stability in Asia’s newest democracy.
Central bank's Merentes named new Venezuela finance minister
CARACAS: President Nicolas Maduro replaced Venezuelan Finance Minister Jorge Giordani on Sunday, appointing central bank chief Nelson Merentes in his place two days after being sworn in as the late Hugo Chavez's successor.
Factbox - Venezuela's likely election candidates after Chavez's death
CARACAS (Reuters) - Venezuela has called a presidential election for April 14 that will likely pit Hugo Chavez's protأ©gأ©, acting President Nicolas Maduro, against centrist opposition leader Henrique Capriles.
As China enters new era, how much of Mao will stay?
BEIJING: In 1981, five years after his death, China's ruling Communist Party began to move slowly away from Mao Zedong and his philosophy.
Myanmar: Not the Burma I used to know
But the opportunity to right the wrong is here and the reformation needs to be irreversible
Schadenfreude capitalism
THE protracted financial and economic crisis discredited first the American model of capitalism, and then the European version. Now it looks as if the Asian approach may take some knocks, too. Coming after the failure of state socialism, does this mean that there is no correct way of organising an economy?
