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![9.11 million foreign tourists visit South Korea during January and July 2024, up 66.8 percent](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
This figure represents 97 percent of the tourist levels recorded in July 2019, prior to the COVID-19 pandemic
![China’s industrial companies achieve $575.1 billion in profits in first seven months](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The country’s major firms reported 4.1 percent profit increase in July alone
![OECD forecasts Malaysia’s GDP growth at 4.9 percent for 2024, 4.7 percent for 2025](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20681'%3E%3C/svg%3E)
This growth is driven by increased domestic demand and a recovery in electronics exportsÂ
![South Korea sets 2025 budget at $509.71 billion amid fiscal restructuring](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The country allocated 29.7 trillion Won for R&D in 2025 budget
![India’s bio economy to reach $300 billion by 2030 under new government policy](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
New policy seeks to foster the development of bio-based products with minimal carbon footprints in India
![China’s tax revenue drops 5.4 percent as non-tax revenue rises 12 percent in first 7 months of 2024](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Fiscal revenue declined 2.6 percent during this period
![India’s central bank to launch Unified Lending Interface platform to digitalize banking services](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Platform is part of RBI's efforts to digitalize banking services, which has made India one of the fastest-growing digital payments markets globally
![China’s telecom sector sees 3 percent YoY growth, generating $145.4 billion in revenue in Jan-July](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
$36.3 billion in cloud and big data revenue drives the industry
![India’s foreign exchange reserves climb to $674.66 billion](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20682'%3E%3C/svg%3E)
This figure is just below the previous record high of $674.919 billion
![South Korea’s foreign currency deposits rise for 2nd straight month in July to 94.44 billion](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
U.S. dollar deposits jumped $4.57 billion dollars from a month earlier to $78.04 billion by the end of July
![Japan’s manufacturing activity dips for second straight month in August: PMI](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
In contrast, the country's service sector expanded at a solid pace for the second month in a row
![India aims for 17 million zero-emission trucks by 2050](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20684'%3E%3C/svg%3E)
The country is accelerating truck electrification with 30 new policy interventions
![Vietnam ports’ cargo volume soars 16 percent to 501.117 million tons, TEUs reach 16.902 million in first seven months](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20684'%3E%3C/svg%3E)
Despite the surge in cargo volume, sea freight rates have been declining across all routes since the end of July
![India, Malaysia to settle trade in local currencies under new comprehensive strategic partnership](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Malaysian investments in India reached over $5 billion last year
![Pakistan’s IT exports surge 32 percent to $297 million in July on software and telecommunications](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Software consultancy services saw a significant surge, increasing by 24.53 percent to reach $77.262 million
![South Korea’s mid-sized businesses hit $2.52 billion in Q2 profits on semiconductors and auto parts](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The operating profits of automobile and auto parts businesses increased 18.9 percent during the same period
![Only 20 percent of Japanese companies use GenAI due to expertise, accuracy concerns: Survey](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The primary concern cited by 54.1 percent of respondents was a lack of skilled staff and operational expertise
![India successfully launches Earth Observation Satellite-8](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The satellite, designed for a one-year mission duration, carries a range of advanced technologies
![South Korea’s ICT exports surge 32.8 percent to $19.4 billion on AI and mobile phones](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Semiconductor exports skyrocketed by 49.0 percent to $11.23 billion
![China’s home prices hit new nine-year low in July](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Property investment fell 10.2 percent annually in the January-July period, compared with a 10.1 percent drop in the first half of the year
![Japan’s economy expands 3.1 percent in Q2 2024, raising rate hike bets](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Japan's private consumption, which accounts for over half of the economic output, rose 1 percent in Q2
![China remains Africa’s top trade partner with bilateral exchange reaching $166.6 billion in Jan-July](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
This represents a 5.5 percent year-on-year increase in trade volume
![South Korea’s automotive exports down 9.1 percent, still hit $5.4 billion in July 2024](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20684'%3E%3C/svg%3E)
Hybrid vehicle sales surged by 56.6 percent year-on-year, reaching $980 million
![China’s industrial output expands 5.1 percent in July, driven by strong exports and new growth drivers](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20682'%3E%3C/svg%3E)
Industrial profits rose 3.5 percent in the first six months of the year