It is believed that many of the failed firms’ struggles predate the outbreak, and drops in demand caused by the epidemic pushed them beyond breaking point.
The New Cold War, Japan and Its Chinese Supply Chains
There is a new Cold War game underfoot that has long-term implications for the shape of global trade and the structure of international relations in Asia—Japan is taking steps to pull some of its …
Coronavirus updates, June 2: Latest news on the COVID-19 pandemic from Pakistan and around the world
The number of confirmed COVID-19 cases in Pakistan rose to 76,398 on Tuesday after new infections were confirmed in the country. The province-wise break up of the total number of cases as of 9:45am, …
Panasonic announces new partnership in Pakistan with PEL
Panasonic Marketing Middle East & Africa (PMMAF) has announced its new partnership in Pakistan with Pak Elektron … on its 60-years of expertise in AC business backed by PEL’s in-depth …
Cyclone Set to Disrupt Business in India’s Pandemic Epicenter
The second cyclone to hit India in two weeks is set to cause widespread damage in the western coastal districts and disrupt business in the financial capital Mumbai, the epicenter of the country’s …
Hong Kong blocks Tiananmen Square crackdown anniversary vigil, citing coronavirus fears
Hong Kong police on Monday blocked a candlelit vigil marking the anniversary of China’s deadly military 1989 crackdown on pro-democracy protesters in Beijing’s Tiananmen Square.
Bahrain’s Investcorp raises 318m euros for new fund
Bahrain’s Investcorp has done the closing of its Mount Row (Levered) Credit Fund with capital commitments of 318 million euros, exceeding its target of 300 million euros. Mount Row attracted a broad …
Syria: UNRWA – Humanitarian Snapshot, April 2020
English Infographic on Syrian Arab Republic and 4 other countries about Education, Food and Nutrition, Aged Persons, Children, Epidemic and more; published on 01 Jun 2020 by UNRWA …
Japan may veto Lebanon’s IMF bailout until officials agree to deport Ghosn
Lebanon asked the IMF for a $10 billion bailout, and Japan may threaten to veto its request if it doesn’t deport former Renault-Nissan boss Carlos Ghosn.
Thailand’s Islamic bank doubles branches; Cambodia gets takaful option
Muslim countries in Southeast Asia. The Islamic Bank of Thailand (branded as IBank), a state-owned institution and the country’s sole Islamic bank, said it will more than double its branches, while …