South Asia

South Asia

Supporters clash with cops at PTI rally as leaders demand Imran’s release

PTI leaders rallied on the outskirts of Islamabad on Sunday, demanding the “immediate release” of their founder, Imran Khan, while criticising the government for marginalising the party as police fired tear gas to disperse the crowd.

2m ago

China’s underwhelming data dampens hope of economic recovery

Chinese industrial production growth slowed in July while unemployment rose, official data showed Thursday, highlighting an uneven recovery in the world’s second-largest economy despite recent government measures to try to stimulate expansion.

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Japan’s economy rebounds in Q2

Japan’s economy has rebounded, government data showed Thursday, in welcome news for its next prime minister following Fumio Kishida’s decision to quit.

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Marico’s profit jumps 30% in April-June quarter

Marico Bangladesh Ltd, a listed multinational company, said its profit soared 30 percent year on year to Tk 172.57 crore in the April-June quarter.

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IMF, World Bank warn Gaza war, Red Sea attacks imperil global economy

The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping through the Red Sea pose threats to the global economy.

9m ago

World's No.2 sugar producer India may need imports in 2025

India is set to ban exports in the crop year that started in October and may even be forced to import in the following year as farmers turn to other crops

11m ago

Poor governance hampers economic growth

The socioeconomic development of India, Pakistan and Bangladesh is being hampered by the prevalence of poor governance and institutional weakness in the three South Asian nations, according to analysts.

1y ago

China’s deflation pressures ease, more steps expected to spur demand

China’s consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflation pressures ease amid signs of stabilisation in the economy.

1y ago

Emirates offers free night stay in Dubai

Travellers who purchase an Emirates return ticket in first or business class or stopping over in Dubai will be able to enjoy a complimentary night stay at the Fairmont The Palm hotel, one of the iconic hospitality properties in Dubai. 

1y ago

Job growth in South Asia may halve this year: ILO

The growth of jobs in South Asia is expected to nearly halve to 1.6 per cent in 2023 from 3 per cent a year ago, according to a new International Labour Organization (ILO) report released yesterday. 

1y ago

‘Historical and unexplored ties between Afro-South Asian communities need cultural attention’

Exploring the Afro-South Asia connection and the untold narratives of the Habshi rulers during the Sultanate period in Bengal, globally renowned researcher, archivist, and curator Dr Kenneth X Robbins on Tuesday said that the historic ties between the Afro-South Asian communities need to be closely studied across the globe.

1y ago

Graft charges put Maldives ex-president Yameen in jail

The Maldives criminal court on Sunday sentenced former president Abdulla Yameen to 11 years in prison and fined him $5 million after finding him guilty of corruption and money laundering charges related to receiving kickbacks from a private company.

1y ago

Japan inflation hits 41-year high

Prices in Japan rose at their fastest pace since 1981 in November, data showed Friday, fuelled in part by higher energy costs.

1y ago

China’s economy to see sustained growth next year

China’s economic activity will likely return to a reasonable range next year after staging a V-shaped moderate recovery this year, underpinned by targeted macro policy support and infrastructure spending along with a steady recovery in consumption, economists said.

1y ago

China’s economy struggling to rebound

China’s factory activity eked out growth in September, but a slowdown in services sector growth and a downbeat private manufacturing survey pointed to further cooling as the economy grapples with Covid-19 curbs and softening global demand.

2y ago

Bandarban’s Ghumdhum SSC centre shifted to Ukhiya over Myanmar border incidents

The authorities concerned have decided to shift the Ghumdhum Secondary School Certificate (SSC) examination centre in Bandarban to Kutupalong High School centre in Ukhiya upazila of Cox's Bazar.

2y ago

Shadow-banking risks curbed

The assets and risks of China’s “shadow” banking sector have declined significantly through continuous regulation, the state-run Securities Times on Saturday quoted a top regulator as saying.

2y ago

Trafficking Rohingyas, Bangladeshis: Charge sheet filed against six Indians

India’s National Investigation Agency (NIA) has filed a charge sheet against six Indians from Assam state in connection with a case of trafficking Rohingya Muslims and Bangladeshis into Indian territory for sexual exploitation and settling them in this country.

2y ago