South Asia
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.
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
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.
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.
74 Rohingyas detained in India's Uttar Pradesh
The Anti Terrorist Squad (ATS) of India’s Uttar Pradesh state police today apprehended 74 Rohingyas who were allegedly living illegally in the country, according to a senior official..The ATS has been getting information about Rohingyas residing in various districts of UP after crossing th
Pakistan all set to get discounted Russian oil: PM
Pakistan's Prime Minister Shehbaz Sharif said on Thursday that everything was set for his country to receive a shipment of discounted Russian oil
India to pay Tk 220 per tonne for transportation of goods via Mongla, Ctg
Additional charges will also be applicable, says NBR
Huawei to develop 50,000 ICT talents in South Asia
Global tech giant Huawei has taken an ambitious plan of developing 50,000 ICT talents in South Asia in the next five years.
Sri Lanka shows commitment to rapid disinflation - IMF
Sri Lanka’s decision to raise interest rates shows the crisis-hit country’s commitment to reducing inflation quickly towards single-digit levels, the International Monetary Fund (IMF) said on Saturday.
No deal as IMF leaves Pakistan
"Considerable progress was made during the mission on policy measures to address domestic and external imbalances," the IMF said in a statement.
Japan needs stable, sustained inflation: official
Japanese Deputy Chief Cabinet Secretary Seiji Kihara on Sunday stressed the need to achieve an economy where inflation rises stably and sustainably, when asked whether the next central bank governor should maintain ultra-easy monetary policy.
No choice but to agree to tough IMF conditions: Pakistan PM
Prime Minister Shehbaz Sharif on Friday said that the International Monetary Fund (IMF) delegation, which is visiting the country for discussions on the ninth review of a $7 billion loan programme, was giving a "very tough time" to Finance Minister Ishaq Dar and his team.
Pakistan court grants bail to Imran Khan aide
An aide to former prime minister Imran Khan was granted bail yesterday, a week after being arrested for allegedly harassing election commission officials.
Saudi Arabia may lower crude prices for Asia
Saudi Arabia, the world’s largest oil exporter, may trim prices for crude grades sold to Asia for a fourth straight month in March, amid low physical oil premiums, as oversupply worries linger despite expectations of demand recovery in China.
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.
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.
‘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.
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.
