A fire broke out at a facility belonging to the Shahid Tondgooyan Petrochemical Company in southwest Iran but was quickly contained, the official IRNA news agency reported on Sunday, citing a local …
Growing Vietnam’s Flourishing Solar Energy
The energy demand will rise by over 10 per cent per year by the end of 2020 and by 8 per cent per year in 2021-2030 in Vietnam …
Vietnam has zero coronavirus deaths. Here’s why.
Vietnam is one of only a handful of countries to have reported no fatalities from the coronavirus pandemic. Timothyna Duncan reports on how the country, which shares a porous land border with China, …
Bank secrecy lifting pushed to avoid financial fraud
To avoid a repeat of cross-border financial fraud that implicated local financial institutions, it’s time for Congress to ease the antiquated bank secrecy law while the government tightens …
Excess power capacity puts financial burden on Bangladesh
By P.K.Balachandran/South Asian MonitorIt wasn’t long ago that Bangladesh was plagued by power shortages. But having developed by leaps and bounds in the last decade or so, Bangladesh now has a power …
Finance ministry writes to states on additional 2% borrowing
With regard to a ₹30,000-crore special liquidity facility for non-banking financial companies (NBFCs), housing finance companies (HFCs) and microfinance institutions (MFIs), the ministry said the …
China Is Winning the Trillion-Dollar 5G War
China is building tens of thousands of 5G base stations every week. Whether it wins technological dominance or not, domestic supply chains may be revived and allow the country to maintain – and …
Hong Kong third wave: finance chief warns of new coronavirus blow for businesses
Finance chief Paul Chan says Hong Kong needs to strike a balance between fighting coronavirus and keeping economy running.
With Hong Kong’s Future as a Finance Hub Unclear, Singapore Is on the Rise
As Hong Kong remains shrouded in uncertainty, Singapore appears to be gaining prominence as an alternative for the business world.
Iran agency says chain of errors caused Ukrainian plane crash – report
Iran’s Civil Aviation Organisation blamed a misalignment of a radar system and lack of communication between the air defence operator and his commanders for the accidental downing of a Ukrainian …