Economy
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Beijing: Hainan Airlines Holding, the aviation unit of debt-laden Chinese conglomerate HNA Group, is facing the heat of COVID-19 outbreak as it  posted the biggest-ever annual loss among listed Chinese companies recently, media reports said. more
Chinese small businesses still struggle to recover from COVID-19 massacre

Beijing: China's small businesses are still failing to add to the country's economic recovery as they are struggling to still deal with the damage done to them by COVID-19.

110,000 Afghans to get jobs in Gulf countries

Over 100,000 Afghans will soon get work visas for jobs in Gulf countries, mainly in Saudi Arabia and the United Arab Emirates, reported TOLOnews. This is the first time when the Afghan wo ...

Myanmar approaching point of economic collapse: UN report

The turmoil following the military coup in Myanmar, coupled with the impact of COVID-19 could result in up to 25 million people – nearly half of the country’s population, livi ...

Bangladesh, Indonesia push for early trade deal

Bangladesh and Indonesia stressed the early signing of the Preferential Trade Agreement (PTA) to boost the duty-free exports of potential commodities of the two nations in the first meeti ...

Bhutan expects 3.3 GDP growth next fiscal year

Bhutan’s GDP is expected to grow by 3.3 percent next fiscal year, according to an estimate by the Bhutanese government. The country is hoping for a good recovery once it completes i ...

Bangladesh GDP may grow 5.5-6 pc in current fiscal: ADB

The Asian Development Bank (ADB) has forecast a 5.5- 6 percent GDP growth for Bangladesh in the current fiscal.

Indonesia plans travel bubble in Bali, Batam and Bintan to bring back foreign tourists

Jakarta: Indonesia's Ministry of Tourism and Creative Economy / Tourism and Creative Economy Agency (MoTCE) is periodically monitoring the plan to implement the Travel Corridor Arrang ...

Despite pandemic, Bangladesh will be major apparel supplier: Study

Notwithstanding the uncertainty triggered by the Covid 19 pandemic, Bangladesh will remain a principal source of apparels in the coming months, The Daily Star reported quoting a new study ...

China: Carmakers struggling after chip shortage

Beijing: Car production in China is badly hit due to shortage of  semiconductors, media reports said.