‘Strength of the Indian economy’: Modi hails 8.4 per cent GDP growth in Oct-Dec quarter
The higher than estimates growth was driven mainly by 11.6 per cent growth rate in manufacturing sector and 9.5 per cent growth rate in the construction sector.
Big Picture
Hong Kong’s push for mega events welcomed by industry
The initiatives, including major music concerts, sports events, and exhibitions, will significantly boost tourist arrivals and benefit Hong Kong’s tourism industry over the next…
China to expand carbon market soon
Currently, 2,257 power-generating enterprises are involved in the carbon trading market, covering roughly 5.1 billion tons of emissions and representing over 40 per cent of the…
Impact of Red Sea crisis still ‘moderate’: WTO chief economist
The Red Sea attacks have raised insurance premiums for shipping companies, forcing many to avoid the vital route that normally carries about 12 percent of global maritime trade.
India a make-or-break market for PUBG publisher Krafton
About 84 percent of the game developer’s annual revenue in 2023 came from the Asian region including India.
Chinese carriers allowed to operate more flights to US
The move "is a significant step forward in further normalization of the US-China market in anticipation of the Summer 2024 traffic season", the department said in a statement.
Indonesian media outlets expect to conclude deals with digital platforms by August
The new publisher’s rights regulation takes effect in August and aims to level the playing field between the media and big tech firms, which have garnered the lion’s share of…
More application scenarios sought for Hong Kong’s green startups
The chairman of the Hong Kong Green Finance Association estimates that Hong Kong’s local decarbonization market opportunities could reach HK$5 trillion under the city’s…
South Korea faces antibiotics shortage as drugmakers halt production
In Korea, the demand for cephalosporins has increased due to the recent surge of patients with respiratory diseases after the Covid-19 pandemic.
Calls to offset Malaysian ringgit’s fall
The ringgit has hit a 26-year low as emerging Asian currencies weakened against the dollar, trading at RM4.79 to the US dollar and RM3.57 to the Singapore dollar on Feb 21.