South Asia

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.

Japan inflation hits 41-year high

Prices in Japan rose at their fastest pace since 1981 in November, data showed Friday, fuelled in part by higher energy costs.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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