Bangladesh’s per capita GDP was merely half of India’s in 2007 — but this was just before the global financial crisis. It was roughly 70% of India’s in 2014 and this gap closed rapidly in the last few …
India Stocks Decline as U.S. Stimulus Concern Mutes Sentiment
India stocks fell, as an elusive U.S. stimulus deal kept sentiment muted in the region while investors closely watched the earnings for local companies.
India’s title of the world’s largest receiver of remittances is in danger
India received $83 billion in foreign remittances in 2019, topping the list of the world’s largest remittance receivers, but the coronavirus pandemic and some key structural issues are making it …
Brunei: rise by 2.1 pct seen in consumer price index, August
According to the most recent official data issued on Saturday, Brunei’s total consumer price index (CPI) climbed by 2.1 percent annually during August.
The climb was mostly because of the …
QFC virtually connects global financial hubs to buoyant Qatar market
The Qatar Financial Centre (QFC) has organised a line-up of engaging virtual events spanning across three days, including the 2020 Annual General Meeting (AGM) of the World Alliance of International …
PROJECTS: Kuwait introduces curbs on new projects
Kuwait has told its government offices to submit feasibility studies for all new projects before they can get funding as part of new austerity measures spurred by weak oil prices and the spread of …
Malaysia’s mega train project ECRL being built by Chinese company proceeds despite COVID-19
The construction schedule on the East Coast Rail Link (ECRL), Malaysia’s mega rail project being built by China Communications Construction Company (CCCC), has not been affected by the COVID-19 …
America’s botched exit from Afghanistan
The Taliban continue to fight Afghan forces, who respond with help from coalition air power, and no ceasefire is in sight.
Thai protests fail to rattle nation’s bizarre IPO boom
The packaging arm of Thai chemical giant Siam Cement Group debuted on the Stock Exchange of Thailand on Thursday, raising $1.5 billion. Investor demand drove shares for SCG Packaging toward the high …
OP-ED: Digital credit in Bangladesh: Covid and beyond
While efforts to promote financial inclusion have focused on providing access to opening FI accounts and promoting savings products among the bottom-of-the-pyramid (BoP), Covid-19 has driven home the …