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Posted on May 6, 2026

Thailand approves $25-billion investment by TikTok

Thailand has approved ​six major projects ‌worth a combined 958 billion baht, or US$29 billion, the Board of Investment (BOI) reported on Wednesday.
Posted on May 6, 2026

Bangladesh races for urea supply bypassing Hormuz

Bangladesh is scrambling to secure urea imports after an international tender floated last month failed to attract any bidders, with the Aman paddy, the country’s second-largest rice crop, due for …
Posted on May 6, 2026

Bangladesh’s power costs rise manifold on fossil fuel dependency: report

Bangladesh’s reliance on primary energy imports rose from 47.7 percent to 62.5 percent in four years, leaving the country exposed to volatile global fossil fuel markets. As a result, power generation …
Posted on May 6, 2026

India’s Coforge adds half a billion USD in market value on upbeat outlook

BENGALURU, May 6 (Reuters) – India’s Coforge stock added more than $500 million in market capitalisation on Wednesday, closing 9.5% higher at 1,280 rupees, after the mid-tier IT firm forecast robust …
Posted on May 6, 2026

Iraq sends first oil convoy to Syria through al-Yarubiyah in 14 years

According to Syria’s SANA news agency, the convoy is heading to the Baniyas refinery located on Syria’s Mediterranean coast …
Posted on May 6, 2026

Pakistan misses $8bn SEZ investment, 500,000-job targets: ministerPublished on: May 6, 2026 9:53 AM

Pakistan, May 6 — Pakistan’s quest to attract over $8 billion in foreign direct investment (FDI) in Special Economic Zones (SEZs), and to generate 500,000 jobs between 2018 and 2024, remained well …
Posted on May 6, 2026

India’s Coforge stock on track for biggest jump in a year on upbeat outlook

May 6 (Reuters) – India’s Coforge stock jumped as much as 11.1% on Wednesday, on track to log its best session in more than a year, after the mid-tier IT firm forecast robust earnings and its margin …
Posted on May 6, 2026

China services activity grows at faster rate in April, private PMI shows

By Liangping Gao and Ryan Woo BEIJING, May 6 (Reuters) – China’s services activity expanded at a faster pace in April, helped by stronger growth in new business, although overseas demand continued to …
Posted on May 6, 2026

China: Service sector activity expands at faster rate in April

China’s service providers reported stronger increases in both activity and new business in April, according to the latest PMI® data. The 12-month outlook also improved at the start of the second …
Posted on May 5, 2026

Sri Lanka, Maldives elevate strategic partnership with seven MoUs

Marking 61 years of diplomatic relations, Sri Lanka and Maldives yesterday moved to significantly deepen bilateral ties, with President Anura Kumara Dissanayake and President Dr. Mohamed Muizzu …

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