Bloomberg India is likely to spend less on subsidising fertilisers as global prices fall and the government looks to narrow its budget deficit, according to people familiar with the matter. Officials are considering slashing the fertiliser subsidy bill to 1 trillion to 1.5 trillion rupees ($18 billion) for the 2023-24 fiscal year starting April, according to the people, who ...

  Bloomberg Malaysia’s urbanisation rate has nearly tripled since 1970, with three-quarters of the nation’s residents now living in cities. The nation’s urban population expanded to 24.4 million in 2020 from 3 million in 1970, according to a report by the Department of Statistics. The rural population saw rose slightly to 8.1 million from 7.5 million in the period. The ...

Bloomberg Thailand will exceed its most-recent target for foreign tourist arrivals by about 15%, buoyed by a year-end rush of visitors from Europe and the United States, according to the government’s tourism agency. At least 11.5 million international travellers will come this year, compared to a target of 10 million, according to Yuthasak Supasorn, governor of the Tourism Authority of ...