With this transaction, TWF’s total funding raised through Islamic finance instruments has now surpassed $1.8bln ...
Philippines’ Lance Gokongwei Mulls Exit From Legacy Petrochemicals Business
A five-year losing streak at JG Summit Holdings’ petrochemicals unit, which racked up losses of roughly 50 billion pesos ($88 million), prompted president and CEO Lance Gokongwei to make the tough ...
Philippines’ richest unchanged in 2025: Sy heirs, Razon, Villar top Forbes list
Last year’s top three richest individuals in the Philippines have maintained their positions this year, according to Forbes.
Japan presses US on auto tariff cut, seeks clarification on other levies
Japan pressed the U.S. to swiftly implement an agreed cut to auto tariffs and sought clarification on levies for other goods, as conflicting interpretations of the bilateral trade deal further ...
Major Japan firms set record with pay hikes above 5% for second year
Major Japanese firms have agreed to increase monthly pay through pay scale hikes and regular raises by 5.39%, or ¥19,195, on average in this year's shuntō spring labor-management wage negotiations, a ...
Bangladesh well-positioned in new era of trade wars: BGMEA President Mahmud Hasan Khan
In the wake of the US decision to impose a tariff of 20% on Bangladeshi products, Mahmud Hasan Khan, the president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), in an ...
Pakistan sets up separate immigration counters for foreign travelers
In a major step towards improving tourism and business travel, separate immigration counters have been established for foreign passengers at all international airports in Pakistan. The move aims to ...
Pakistan’s renewable rush: Another textile firm plans 7.2MW solar system
In a move aligned with Pakistan’s industrial sector’s growing shift toward renewable energy, Kohinoor Textile Mills Limited (KTML) is installing a 7.2-megawatt solar power system as part of its push ...
How India ended up facing steep US tariffs despite its strategic partnership
U.S. President Donald Trump has announced additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%.
How India-US Trade Talks Unravelled
Indian Prime Minister Narendra agrees to work toward a limited trade deal by fall 2025 with the United States and expand the bilateral trade deal to $500 billion by 2030. He als