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.
18 December 2022, 18:00 PM

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.
1 October 2022, 18:00 PM

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.
16 September 2022, 18:52 PM

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.
30 July 2022, 18:00 PM

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.
14 July 2022, 14:39 PM

Bangladesh, a future tiger economy? Indian diplomat thinks so

With broad-basing of its industrial sector, Bangladesh could well be the tiger economy of the future, according to former Indian diplomat Ambassador Sarvajit Chakravarti.
9 July 2022, 06:26 AM

Japan to open to tourists after two years

Foreign tourists visiting Japan will be required to wear masks, take out private medical insurance and be chaperoned throughout their stay, the government said on Tuesday, as it plans a gradual opening from two years of Covid-19 restrictions.
7 June 2022, 18:00 PM

Sri Lanka seeks $6b from IMF

Cash-strapped Sri Lanka on Tuesday asked the International Monetary Fund to arrange a creditor meeting for $6 billion in loans to help keep the country afloat during its unprecedented economic crisis.
7 June 2022, 18:00 PM

After “crossing the border for love” Bangladeshi woman sent to Indian correctional home

Krishna Mandal, the Bangladeshi woman who swam through the Sundarbans and got married to an Indian before being arrested, was produced before a court in West Bengal’s south 24 Parganas district which sent her to a correctional home.
2 June 2022, 12:47 PM

Bangladesh, India navies begin coordinated patrol in Bay

The fourth edition of the coordinated patrol (CORPAT) between the navies of Bangladesh and India began today (May 22, 2022) in the northern Bay of Bengal.
22 May 2022, 15:30 PM

India sends 40k tonnes of diesel to Sri Lanka under credit line facility

India today supplied another 40,000 tonnes of diesel to the economic-crisis plagued Sri Lanka under the credit line facility to the island nation.
21 May 2022, 14:21 PM

Pakistan bans imports of luxury goods

Pakistan has banned the import of all non-essential luxury goods in a bid to stabilise the economy, the information minister said on Thursday, describing the situation as an economic emergency.
19 May 2022, 18:00 PM

Wheat export ban won’t affect South Asian neighbours: India

India today indicated that it would not allow the food security of its South Asian neighbours to be hit by the ban imposed on exports of wheat and that the measure was a temporary one.
14 May 2022, 15:18 PM

Bangladesh grants Sri Lanka another year to repay $200 mn loan

Bangladesh Bank today granted Sri Lanka another year to repay the USD 200 million loan to give the Island nation a respite so that it can overcome its worst ever debt and economic crises.
8 May 2022, 16:50 PM

India says provided over $3 bn to Sri Lanka in 2022 as economic assistance

India today said its economic assistance to Sri Lanka, facing its worst economic crisis since independence in 1948, stands at more than USD three billion this year, so far, and is instrumental in addressing diverse needs of the government and people of Sri Lanka.
3 May 2022, 15:27 PM

Investors in the dark on China industrial transport amid data curbs

A wave of Covid-19 lockdowns in Shanghai presents the biggest test yet for investors, trading companies and logistics managers trying to follow China’s economy after the government restricted firms from releasing real-time data.
25 April 2022, 18:00 PM

New Pakistan govt willing to curb fuel subsidies

Pakistan’s new finance minister on Friday agreed with IMF recommendations to reduce fuel subsidies and end a business tax amnesty scheme, pledging to pursue structural reforms to boost a crisis-wracked economy.
24 April 2022, 18:00 PM

Shanghai’s economy slows amid Covid-19

The economy of Shanghai, China’s most populous city, slowed in the first quarter from the end of 2021, hurt by rare declines in industrial output and retail sales that were hammered by the country’s most serious Covid outbreak.
24 April 2022, 18:00 PM

China economy accelerates in Q1

China’s economic growth accelerated in the first quarter of the year to 4.8 per cent, official data showed Monday, but the government warned of  “significant challenges” ahead while massive Covid-19 lockdowns started to bite.
18 April 2022, 18:00 PM

Asian markets mixed as strong US jobs data boosts rate hike bets

Asian markets were mixed Monday as another strong jobs report provided some reassurance that the recovery in the US economy remained on track but also solidified expectations for more aggressive Federal Reserve interest rate hikes.
4 April 2022, 18:00 PM