BAKU, Azerbaijan, January 23. Export-oriented manufacturing companies from Germany, including those from Bavaria, have been invited to consider investing in the Alat Free Economic Zone (AFEZ), the …
Sri Lanka government announces new rules, limits ministerial privileges
The Sri Lankan government has announced stringent new regulations limiting the benefits afforded to its ministers, a move aimed at addressing public concerns over political privilege and …
Ukraine’s intel chief says North Korea is about to double its artillery systems in Russia’s war to nearly 500 guns
Budanov said North Korea has sent 120 self-propelled howitzers and 120 MLRS to Russia, and is likely to send the same number again.
AmBank: Malaysia’s GDP growth to moderate to 4.6% in 2025
AmBank Group projects Malaysia’s gross domestic product (GDP) growth to moderate to 4.6 per cent in 2025 compared to the estimated 5.0 per cent in 2024.
PIA as second busiest airport in 2024 cements its role as northern Malaysia aviation hub
Penang International Airport’s (PIA) status as Malaysia’s second busiest airport in 2024 reflects its growing role as a key hub for both tourism and business amid the state’s strong post-pandemic …
Philippines unlikely to hit yearly GDP target for the second time in a row
The National Economic and Development Authority (NEDA) admitted that there will be difficulty reaching its minimum growth target for 2024 following the calamities that hit the countries in the tailend …
Warburg Pincus, CVC Among Bidders in Fray for Philippines’ Largest Private Hospital
Private-equity firms are among several bidders vying for a stake in the largest private hospital in the Philippines in a deal that could value the business at around $3.0 billion, people familiar with …
EU firms express confidence for PH business environment in 2025
The European Chamber of Commerce of the Philippines (ECCP) on Wednesday expressed optimism for the country’s business environment this year, signaling continued confidence from the nation’s fourth …
Japan Raises Interest Rates to Highest Level Since 2008
After a long period of stagnation, the return of inflation and wage growth is giving the Bank of Japan room to raise interest rates.
Pakistan central bank likely to deliver sixth straight rate cut to revive economy- Reuters poll
Pakistan’s central bank is expected to lower its key interest rate by at least 1 percentage point on Monday, analysts said, in its sixth straight cut as it attempts to revive economic and business …