The International Monetary Fund has emphasised on continuing reforms to make Bangladesh’s economy more resilient and resuming progress towards the authorities’ ambition of reaching an upper middle-inc…
Economy
Sri Lankan e-commerce platform Kapruka to introduce crypto payments
Kapruka (Kapruka.com), a major e-commerce platform in Sri Lanka, has revealed its intention to start accepting payments in cryptocurrency quite soon. Kapruka’s founder and Chairman Dulith Herath made …
Factories struggling as supply constraints hit, costs rise
Global manufacturing activity took a big hit from supply chain bottlenecks and escalating costs, exacerbated by pandemic-induced factory shutdowns in Asia and signs of slowing Chinese growth, surveys …
Countries Have $385 Billion In ‘Hidden Debts’ To China, Study Finds
A new study found under-reported debts of at least $385 billion owed by different countries to China in the past two decades, and that one-third of projects under the Belt and Road Initiative have run…
Japan Considers Bangladesh As A New Investment Destination In Asia – OpEd
Japanese companies consider Bangladesh as a new destination for investment in Asia, said Ito Naoki, ambassador of Japan to Bangladesh. Various Japanese companies are considering Bangladesh as their ne…
9 firms to invest $55m in hi-tech parks
Nine foreign and domestic firms are going to invest $55 million in Bangladesh’s hi-tech parks to set up manufacturing units for a number of products, including semiconductors, digital devices, a…
Why Is South Korea Strengthening Ties with India and Southeast Asia?
WHAT ARE SOUTH KOREA’S RELATIONSHIPS LIKE WITH ITS NEIGHBORS? For most of its history, South Korea has kept its diplomacy focused predominately on major powers around the Korean Peninsula. China, Japa…
Qatar, Malaysia eye investment ties in agriculture, hospitality, energy
The Qatar-Malaysian Business Council held a virtual meeting Tuesday wherein both parties discussed partnerships and investment opportunities in various sectors, such as agriculture, hospitality, oil a…
With economies on the brink, South-east Asia chooses to reopen
Even as they struggle with one of the world’s worst Covid-19 outbreaks, nations across South-east Asia are slowly realising that they can no longer afford the economy-crippling restrictions need…
China opens purse to entice Asean after building new Myanmar rail line
China is unleashing its buying power to lure Myanmar, Singapore and rest of Asean (Association of South East Asian Nations) to its side within two weeks of inaugurating a rail-road linkage with Myanma…