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Posted on September 24, 2020

Indonesia’s household spending set to take even greater hit: Fitch Solutions

Retail sales in Southeast Asia’s largest economy fell 12.3 percent in July from a year earlier, a smaller drop than the previous month's 17.1 percent contraction, a Bank Indonesia (BI) survey found on ... ( read original story ...)

Posted on September 24, 2020

Businesses cheer, unions fear contentious Indian labour reforms

Business groups on Thursday welcomed contentious and long-delayed labour reforms passed by India's parliament this week, aimed at making hiring and firing workers easier and imposing restrictions on ... ( read original story ...)

Posted on September 24, 2020

WeWork sells majority stake in its China business for $200 million as cost cutting continues

WeWork's China business was valued at $5 billion in a 2018 funding round. LONDON — Office space provider WeWork has sold a majority stake in its China business to existing shareholder Trustbridge ... ( read original story ...)

Posted on September 24, 2020

Kazakhstan, US Sign Statement to Minimize High Enriched Uranium, Promote Nuclear Nonproliferation

The Kazakh Energy Ministry and the US National Nuclear Safety Administration of the Energy Department signed a Sept. 23 joint statement on the minimization of high enriched uranium (HEU) at the 64th ... ( read original story ...)

Posted on September 24, 2020

Council of Europe welcomes Kazakhstan’s decision to abolish death penalty

ARMENPRESS. The Council of Europe approved Kazakhstan’s decision to join the countries which abolished the death penalty, Communications Director at the Council of Europe, Spokesperson of the ... ( read original story ...)

Posted on September 24, 2020

Kazakhstan reports bird flu outbreaks that kill 223,000 birds

NUR-SULTAN. Sept 24 (Interfax-Kazakhstan) – The outbreaks of avian influenza reported in seven regions of Kazakhstan have killed a total of 233,000 birds in poultry farms and backyards, the Ministry ... ( read original story ...)

Posted on September 24, 2020

Owners of tanker stricken off Sri Lanka to foot firefighting bill: gvt

The owners of an oil tanker crippled by an explosion and week-long blaze off Sri Lanka's coast have agreed to foot an initial firefighting bill of almost $2 million, the government said Thursday. ( read original story ...)

Posted on September 24, 2020

Fire-hit supertanker owner to pay $1.8 million for Sri Lanka’s help

The owners of the New Diamond supertanker which caught fire with a cargo of two million barrels of oil aboard have agreed to pay 340 million rupees ($1.84 million) to Sri Lanka for its help in ... ( read original story ...)

Posted on September 24, 2020

Sri Lanka Scraps $1.5bn Japan-funded Light Rail System

Sri Lanka's president has ordered the termination of a $1.5-billion Japanese-funded light rail project, saying it is not a "cost-effective solution" for the congested capital Colombo, officials said ... ( read original story ...)

Posted on September 24, 2020

Malaysia’s Anwar says has backing to form govt, PM unshaken

Malaysian opposition chief Anwar Ibrahim said Wednesday he had "formidable" support from MPs to form a new government, but the prime minister insisted he remained the country's legitimate leader. ( read original story ...)

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