The Philippines’ unemployment rate climbed to 4.1 percent in April 2025 from 4.0 percent a year earlier, the Philippine Statistics Authority (PSA) said on …
Japan Curry Shops See Record Bankruptcies as Rice Prices Soar
A record number of curry shops in Japan went out of business in the past year, as purveyors of one of the country’s most beloved dishes took a hit from soaring rice prices.
Soaring rice prices take a bite out of Japan’s beloved curry shops
A total of 13 shops with more than ¥10 million in debt filed for bankruptcy in the year ended March — a record high for a second consecutive year.
‘Huge business… has come to a halt’: Traders hit by Delhi’s curbs on import of readymade garments from Bangladesh
New Delhi stopped transshipment facilities for Bangladesh, days after Muhammad Yunus, the country’s chief advisor, advocated for expanding the Chinese economic presence in the strategically important …
Indonesia’s wealth fund weighs role in US$7 bil Grab-GoTo deal
Danantara has started preliminary discussions with GoTo to acquire a minority stake in a combined entity, according to people familiar with the matter.
Indonesia sovereign wealth fund interested in Grab-GoTo deal: Bloomberg
SINGAPORE] Indonesia’s sovereign wealth fund Danantara is considering a stake in the Grab acquisition of GoTo for US$7 billion, reported Bloomberg. Read more at The Business Times.
Private refiners tap India’s drivers as export markets tighten
India’s two major private-sector refiners, which have long prioritised exports, are turning to local sales, grabbing share in the country’s fast-growing $150 billion fuel retail market as weaker …
BNI Sri Lanka to “Connect. Collaborate. Conquer.” at SLNC 2025 on 18 July
BNI Sri Lanka (Business Network International), the leader in professional business networking will be hosting its National Conference themed “Connect. Collaborate. Conquer.” as a full-day event on 18 …
BNI Sri Lanka to “Connect. Collaborate. Conquer.” at SLNC 2025 on 18 July
BNI Sri Lanka (Business Network International), the leader in professional business networking will be hosting its National Conference themed “Connect. Collaborate. Conquer.” as a full-day event on 18 …
China affirms strategic trade and investment commitment to Sri Lanka under BRI
The four leading Chinese Chambers of Commerce last week expressed their shared commitment to economic partnership with Sri Lanka across key industries of machinery and electronics, agriculture and …