Analysts say tight seat supply and strong demand give airlines little incentive to cut fares, even if the US-Iran war ends and oil prices fall.
Exclusive: Iran deal includes $300 billion fund, more than half of which already committed, source says
Commitments exceed $150 billion across five regions, says source The investment fund vehicle contains no government money New fund is separate from frozen asset talks, says source Fund only becomes …
Vietnam maintains 2026 GDP target despite trade deficit, inflation pressure
HANOI, June 17 (Reuters) – Vietnam will stick to its economic growth target of 10% this year, despite a widening trade deficit and other challenges, a deputy finance minister said on Wednesday. The …
Sri Lanka’s potential as an international business destination showcased in Dubai
Sri Lanka, June 16 — A high-level investment promotion event in Dubai showcased opportunities available at Port City Colombo, Sri Lanka’s premier Special Economic Zone and emerging international …
Nepal’s foreign minister visits China after first calling on regional rival India
By Joe Cash BEIJING, June 16 (Reuters) – Nepalese Foreign Minister Shisir Khanal met China’s top diplomat Wang Yi on Monday, his first trip to the neighbouring superpower since his party swept to …
Myanmar economy remains fragile despite signs of stabilization, says World Bank
Real GDP is estimated to have contracted by 2 percent during the 2025/26 fiscal year, reflecting the continuing impact of weak demand, power constraints, and limited room for policy intervention.
78% of business execs may exit Philippines over energy risks
MANILA, Philippines — Nearly eight in 10 Filipino business leaders are considering relocating operations overseas as the Philippines’ dependence on imported fossil fuels continues to expose companies …
Japan Raises Rates to 31-Year High to Ward Off War Inflation
Going against Prime Minister Takaichi’s wishes, Japan’s central bank acted amid U.S. pressure, a tanking currency and inflation from energy disruptions.
Pakistan Business Council Dubai AGM 2026 highlights UAE ties, unveils business app
The Pakistan Business Council Dubai (PBC Dubai) successfully hosted its annual general meeting (AGM) 2026 at Marriott Resort Palm Jumeirah Dubai, bringing together members, business leaders, …
Why India’s wealthy are quietly buying second residencies abroad
They are not leaving India. But they want the option to, just in case. From Dubai to Portugal to Greece, promoters and business families are spending crores on second residencies abroad. It is not …