Activity in Japan’s services sector extended its run of declines to the 11th month in December, a private sector survey showed, as a new wave of coronavirus infections led to a contraction in business …
Pakistan govt has to pay Rs5b for 2,000 PIA employees availing VSS
The federal government has to pay Rs5 billion for the 2,000 employees of the Pakistan International Airlines availing the Voluntary Separation Scheme. But PIA says the …
India’s Services PMI Eases Yet Again, But Remains In Expansion Zone
The India Services Business Activity Index, compiled by IHS Markit, stood at 52.3 in December compared with 53.7 in November.
India’s services sector loses more steam in December, job cuts resume
Growth in India’s dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and employment, a private survey showed on …
Digital Crackers Lay the Foundation For a New India: 3 Trends That India Needs to Imbibe To Grow In 2021
These trends will also be crucial to reduce the trust deficit that Indians face in their attempt to resume to pre-COVID normalcy (something that they were complacent with and a state to which there is …
India’s richest man shifted his focus from fossil fuels to the internet in 2020
In 2020, it became clear the leader of the longtime energy conglomerate is now thinking about online delivery, 5G, and the cloud.
India’s services sector loses momentum; PMI falls to 52.3 in Dec vs 53.7 in Nov
The Nikkei/IHS Markit Services Purchasing Managers’ Index fell to 52.3 in December from November’s 53.7 but held above the 50-mark separating growth from contraction for a third straight month Growth …
Macao casino revenue sinks 79% as mainlanders stay away
Macao started allowing visitors from the mainland in September once the outbreak was brought under control. Gambling facilities have seen business improve, with revenue down 66% for December.
Taiwan’s CHT contender for partnership with NT
Taiwan-based telecom giant Chunghwa Telecom (CHT) could become a business partner with the imminent National Telecom (NT) for 5G services, says a source at CAT Telecom who requested anonymity.
Asian trio of Taiwan, Vietnam and Singapore keep COVID near zero
As the world struggles with surging COVID-19 cases, Taiwan, along with Vietnam and Singapore, has succeeded in limiting local transmission to almost zero. The Asian trio offers rare success stories in …