Vietnam has done well on the Commitment to Reducing Inequality Index (CRII), coming second within ASEAN, and ranking 77 out of 158 countries this year, according to a new analysis from Oxfam and the ... ( read original story ...)
Finance Ministry issues rules for Foreign Currency Account
According to the Ministry of Finance, the proceeds of securities issued to non-residents will not be able to enter the foreign currency account. ( read original story ...)
India’s glittering Gurugram remains a model of how not to build a new city
Gurugram, India's Millennium City, has exploded in recent decades, but beneath its gleaming high rises lie haphazard infrastructure and stark inequality. ( read original story ...)
India’s ONGC sees gas revenue hit by $1 bln due to price cut
A recent cut in Indian gas prices will wipe about $1 billion off Oil and Natural Gas Corp.'s (ONGC) ONGC.NS revenue from its gas business in the current fiscal year ending in March, the company's ... ( read original story ...)
China to Maintain ‘Normal’ Monetary Policy, PBOC Governor Says
China will maintain “normal” monetary policy for as long as possible, according to the People’s Bank of China Governor Yi Gang. ( read original story ...)
China to Invest Nearly $900 Billion in Power Grids: State Media
China will invest close to $900 billion in the next five years to help further develop the country's power grids, the official Xinhua News Agency reported on Saturday. Investments in power grids and ... ( read original story ...)
‘Made in China’ label ruling hits raw nerve in Hong Kong
China tensions, goods made in Hong Kong for export to the US will need to be labeled as "Made in China" after November 9. What does it mean to manufacturers who struggle to preserve their own ... ( read original story ...)
Kuwait starts new era after smooth leadership transition
There is a famous saying when it comes to Kuwait that indicates how leadership is an integral part of the country. It states: “Kuwait is Al-Sabah, and Al-Sabah is Kuwait.” In the past few days, all ... ( read original story ...)
UAE and GCC economies to rebound in 2021: HSBC’s regional CEO
And if you drill down to the corporate level, business confidence in the future is similarly strong. Our Navigator survey of companies around the world shows us just how resilient the UAE is, despite ... ( read original story ...)
Malaysia Airlines’ future hangs on gaining support for restructuring plan
Malaysia Airlines could be forced to shut down if a restructuring plan fails to gain support, the airline's boss has said. Group chief executive officer Izham Ismail told Asian business news weekly ... ( read original story ...)