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.
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.
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.
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.
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)
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.
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.
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.
Make more goods suitable for China market to boost exports
Bangladesh needs more Chinese market-oriented investments to boost its exports to the Asian economic powerhouse, analysts said yesterday.
Japan inflation at highest level since 2014
Inflation in Japan hit 2.8 per cent in August, the highest level since 2014, government data showed Tuesday, as soaring energy prices bite.
China to accelerate projects to spur recovery
China will speed up fund injections to expedite project construction and boost domestic consumption, China’s state planner said on Monday, even after the economy showed signs of renewed momentum last month.
Chubu Electric joins all-Japan Toshiba buyout consortium
Chubu Electric Power Co said on Sunday it is joining private equity firm Japan Industrial Partners (JIP) in conducting due diligence for a potential buyout of Japanese conglomerate Toshiba Corp.
China doubles down on coal as energy crunch bites
China has stepped up spending on coal in the face of extreme weather, a domestic energy crunch and rising global fuel prices -- raising concerns Beijing’s policies may hinder the fight against climate change.
Japan’s inflation hits 9pc
Japan’s wholesale prices rose 9.0 per cent in August from the previous year, matching the annual pace of growth in July, data showed on Tuesday, signalling that persistently high raw material costs continued to squeeze corporate margins.
Bank of Japan to end Covid relief scheme
The Bank of Japan is expected to end as scheduled a pandemic-relief funding scheme this month and discuss adjustments to a policy guidance that flags the Covid-19 pandemic as the top economic risk, three sources familiar with its thinking say.
Japan, automakers to discuss industry’s future
Japanese industry minister Yasutoshi Nishimura said he hopes to hold a meeting by the government and the heads of automakers to talk about the future of the automobile industry as early as next month, Kyodo news agency said on Sunday.
General Motors targets China’s urban rich with luxury imports
General Motors has lost its mojo in China.
Hong Kong ranked again as freest economy
The Hong Kong Special Administrative Region government on Thursday welcomed the Fraser Institute’s recognition of the territory as the world’s freest economy.