SEOUL -- South Korea's money supply growth hit a record high in February on the back of strong money demand from both companies and households, central bank data showed Tuesday.

The M2, or broad money, stood at 3,274.4 trillion won (2.9 trillion U.S. dollars) in February, up 41.7 trillion won (37 billion U.S. dollars) from a month earlier, according to the Bank of Korea (BOK). (South Korea-Money supply)

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SANTIAGO -- Chilean market analysts raised their growth forecast for the economy from 5.3 to 6 percent in 2021, amid a new wave of COVID-19 infections, the Central Bank of Chile reported on Monday.

According to the bank's Economic Expectations Survey for April, economists projected an increase in the gross domestic product (GDP) of 3.5 percent for 2022 and 3 percent for 2023. (Chile-GDP)

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BEIJING -- China's total goods imports and exports surged 29.2 percent year on year to 8.47 trillion yuan (about 1.29 trillion U.S. dollars) in the first quarter of 2021, official data showed Tuesday.

Exports jumped 38.7 percent from a year earlier while imports climbed 19.3 percent in yuan terms, the General Administration of Customs (GAC) said. (China-Foreign Trade)

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NAIROBI -- Kenya on Monday launched a digital platform to facilitate smooth tendering processes for small and medium-sized enterprises (SMEs) that contributes an estimated 3 percent to the country's GDP.

Senior executives said the launch of an electronic platform called Scale will enable small businesses to overcome logistical, technical and manpower bottlenecks that have denied them access to state and private sector tenders. (Kenya-Digital Platform) Enditem

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