The Philippines central bank cut its benchmark interest rate by a bigger-than-expected 50 basis points to support an economy facing its worst crisis in decades.Bangko Sentral ng Pilipinas lowered its …
Japan Stuck In Downturn As Manufacturing Hit By Trade Woes
Flash Japan PMI signals a further sharp decline in output, led by accelerating downturn in manufacturing. Trade weakness hit demand for Japanese goods and servi …
Kuwait sends Bangladesh MP Shahid Islam to prison on charges of human trafficking, money laundering
The Kuwaiti attorney general decided to detain Bangladesh MP Mohammad Shahid Islam, nicknamed Papul, in the country’s central prison for a period of 21 days after interrogations of 17 days, according …
Pakistan airline says 150 pilots grounded after crash probe
Pakistan’s state-run airline says it will ground 150 pilots on charges they obtained their pilot licenses by having others take exams for them …
Coronavirus crisis a ‘genuine concern’ for Xiaomi’s India business, a senior executive says
Xiaomi India’s managing director Manu Kumar Jain addresses the business impact from the coronavirus pandemic, ongoing tensions between China and India, as well as the company’s 5G rollout plans.
India, China Battle Over Barren Land As Some Ask For Boycotts
India and China are battling over land so remote it looks like … “There’s a backlash on social media…a mob mentality, which we are facing. But will it impact our business? I don’t think so,” he says …
Amazon Vs. Facebook: Battleground India
Facebook and Amazon have both made aggressive moves into India recently. Amazon could generate $70 billion in annual sales in India by 2027. Facebook could add …
India’s trade deficit with China totalled $48.6 billion in FY20: Motilal Oswal
India’s trade deficit with China more than doubled from 20 billion dollars in FY10 to 48.6 billion dollars in FY20, implying massive surge in dependence on Chinese products, Motilal Oswal Financial …
Google to offer loans to merchants in India
Google said on Thursday it plans to offer crediting feature to millions of merchants in India through its Google Pay app starting later this year as the American technology group looks to help small …
Tourism players hoping for lifeline from Singapore, Brunei travel
Tourism associations have voiced hope that Putrajaya will reach an agreement with neighbouring Singapore and Brunei allowing unrestricted travel between the countries in order to boost local tourism …