Indonesia’s economy contracted in the second quarter for the first time since 1999 as efforts to contain the coronavirus pandemic hit consumption and business activity, official data showed on …
Indonesia’s GDP contracts deeper than expected at 5.32% in Q2
Indonesia’s economy suffered its sharpest downturn since … lower than the 8.23 percent growth recorded in the same period last year, as it cut spending on business trips and canceled events. “The …
India Has Biggest Disconnect Between Stock Rally, Economic Gloom
Of all the countries in the world, the disconnect between rallying global stocks and deteriorating data is probably the most pronounced in India.The nation’s shares have logged the one of the best reb …
India’s services activity contracted for fifth straight month in July – PMI
India’s dominant services industry, a key driver of economic growth, shrank for a fifth straight month in July as restraining measures to stop the spread of the coronavirus hurt business activity and …
Demand from rural, non-containment urban areas put business back on track: T Krishnakumar of Coca-Cola India
Krishnakumar, stating how the company had committed to invest $5 billion in its India business by 2020, said, “There might be some scheduling or rescheduling but we are absolutely on track both …
AP Explains: Kashmir on Edge 1 Year After Major Indian Shift
Indian-controlled Kashmir has remained on edge in the year since New Delhi scrapped the disputed region’s semi-autonomy and imposed a near-total clampdown.
Indian Government Actively Working Towards New Crypto Ban
An Indian government official has claimed that … Moneycontrol said that “millions of dollars worth of business in cryptocurrency is being done every week, with the lockdown pushing up the …
China’s services sector expands at slower pace in July: Caixin PMI
Growth in China’s services sector slowed in July from a decade high the previous month, as new export business fell and job losses continued, an industry survey showed on Wednesday, pointing to cracks …
Breakingviews – Stock markets in China grow governance teeth
Chinese equity market regulators are growing a set of governance teeth. The Supreme Court has finally permitted shareholder lawsuits similar to the class-action litigation deployed against corporate …
Seychelles: Luxury Brand Anantara to Manage Maia Villas, Its First Resort in Seychelles
Its portfolio currently boasts over 40 stunning hotels and resorts located in Thailand, the Maldives … the resort first surfaced on July 14, when Business Live reported that Tsogo Sun Hotels …