South-East Asia

South-East Asia

Asean ambassadors hold meeting with ICC Bangladesh president

The International Chamber of Commerce (ICC) Bangladesh President Mahbubur Rahman urged ambassadors of the Asean Dhaka Committee (ADC) to increase imports from Bangladesh to reduce trade gaps.

8m ago

Sri Lanka inflation eases to 0.8% in Sep

Sri Lanka’s consumer price inflation rate eased to 0.8 percent year-on-year in September from 2.1 percent in August, the statistics department said on Monday.

1y ago

Russian and Chinese firms ink deals in various sectors

Chinese and Russian companies attending a regional conference in northeastern China signed a raft of cooperation deals on Monday in sectors ranging from manufacturing and logistics to e-commerce and agriculture, Chinese state media reported.

1y ago

China may further cut its US debt holdings

China may continue to cut its US debt holdings amid global worries over shrinking liquidity and safety risk of the assets and the country’s ramped-up efforts to diversify its foreign exchange reserves, experts said last week after reviewing the latest data from the US Treasury Department.

1y ago

Prepare now for post-LDC challenges

Bangladesh needs to increase the productivity of its manufacturing sector to make use of potential opportunities after graduating from a least developed country (LDC)

1y ago

China's outbound tourism sees robust recovery

Prominent travel platforms reporting full bookings, bustling queues in international departure halls at airports, and Chinese tourists flocking to popular global destinations.

1y ago

China's power sector investments may top $13.7tri by 2060

China's investments in its power sector may exceed 100 trillion yuan ($13.7 trillion) from 2020 to 2060, the official Xinhua news agency reported on Monday, citing utility behemoth State Grid Corp. of China.

1y ago

Japan's business mood improves

Japan's business sentiment improved in the third quarter, a central bank survey showed, suggesting conditions for a durable economic revival are falling into place even as a global slowdown keeps policymakers cautious about the outlook.

1y ago

Chinese brands stay put in Russia for now

Chinese firms are staying put in Russia for the moment despite a growing exodus of Western companies - albeit bracing for growing uncertainty - taking a cue from Beijing’s stance of refraining from criticizing Moscow over its invasion of Ukraine.

2y ago

Japan to sanction chip exports to Russia over Ukraine

Japan will impose sanctions on Russia targeting semiconductor exports and financial institutions, Prime Minister Fumio Kishida said Friday after G7 leaders agreed to punish Moscow economically for invading Ukraine.

2y ago

China sanctions Lockheed, Raytheon again

China has placed Lockheed Martin Corp and Raytheon Technologies Corp under sanctions over arms sales to Taiwan, the government said on Monday, at least the third time it has announced punishments against the US companies.

2y ago

China’s digital currency push faces uphill battle

At Beijing Winter Games venues, China’s digital currency has been designated as an official payment method.

2y ago

Thailand’s economy rebounds in Q4

Thailand’s economy rebounded in the fourth quarter of last year on the back of rising exports and the easing of coronavirus restrictions that allowed tourists to return, senior officials said Monday.

2y ago

Japan’s consumer prices rise

Japan’s core consumer prices rose for a fifth straight month in January but at a slower pace than in the previous month, boosting the likelihood the country’s central bank will lag behind other economies in raising interest rates.

2y ago

G20 warned of Ukraine threat to global recovery

The crisis in Ukraine is a serious threat to the global economy’s post-pandemic recovery, Indonesia’s leader on Thursday warned a meeting of finance chiefs from the G20 nations.

2y ago

Japan, private sector can help bring investment

Japan and its private sector can play a pivotal role in bringing in investment to Bangladesh and help the country tap opportunities in the time of the fourth industrial revolution, said speakers yesterday.

2y ago

Japan’s economy rebounds on solid spending

Japan’s economy rebounded in the final three months of 2021 as falling coronavirus cases helped prop up consumption, though rising raw material costs and a spike in new Omicron variant infections cloud the outlook.

2y ago

Boeing confident of working through any disruption

Boeing Co is confident of working through any potential disruption in titanium supplies due to its “very diverse” supply base, a senior executive at the US manufacturer said on Monday.

2y ago