Russia urged Tajikistan and Afghanistan to resolve any dispute in a mutually acceptable manner, saying it had heard reports they were sending troops to their common border, TASS quoted the Russian …
Sri Lankan economic crisis: Experts vs central bank
Life in Sri Lanka’s capital city has not been easy in recent times. Kareema Datha, 25, a resident of Colombo, spends at least an hour a day in long queues outside supermarkets or grocery stores to buy …
‘There is no crisis’: Central Bank of Sri Lanka governor
In an email interview with THE WEEK, Ajith Nivard Cabraal, Sri Lanka’s new central bank governor, denied reports of food shortage in the country. While he admitted that there were economic “challenges …
World Bank Vice President Visits Nepal, Emphasizes Support to Green, Resilient, and Inclusive Development
World Bank Vice President for South Asia, Hartwig Schafer, concluded his five-day visit to Nepal, reiterating the World Bank’s commitment to support Nepal’s resilient recovery from the pandemic. In …
Uzbekistan gas chemical plant receive financing
A number of European banks have signed agreements to finance the expansion of Uzbekistan’s flagship gas chemical asset.
Pakistan PM admits delay in CPEC projects
Amid the ongoing speculations over the China-Pakistan Economic Corridor CPEC Pakistan Prime Minister Imran Khan has admitted that the impact of the COVID-19 …
Loans given to Pakistan under CPEC at commercial rates: report
A major portion of Chinese financing under the China-Pakistan Economic Corridor CPEC consists of loans that are at or near commercial rates as opposed to gran …
Hong Kong retail sales rise for 7th month, consumption voucher to support sentiment
Retail sales in August rose 11.9% from a year earlier to HK$28.6 billion ($3.67 billion), government data showed on Thursday. “The CVS should continue to bode well for local consumption sentiment in …
Spanos, the Dragons, and the New Singapore
Meaning, if the small island-nation wants to slay much larger, great-in-numbers financial dragons, it has to take a similar approach to the one Spanos took, and act as if it’s bigger and stronger than …
Israeli foreign minister in Bahrain to sign deals, open embassy
Israeli Foreign Minister Yair Lapid flew to Bahrain on Thursday on the highest-level Israeli visit to the Gulf state since the countries established formal relations last year.