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. 
16 January 2023

‘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.
4 January 2023

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.
25 December 2022

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.
24 December 2022

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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