Biden nominates ex-Mastercard CEO Ajay Banga to lead World Bank
Last week, current World Bank President Malpass said he would step down nearly a year early, ending a tenure that was clouded by questions over his climate stance.
Big Picture
South Korean president Yoon sets export target of $685 billion this year
He vowed to support the expansion of exports in 12 sectors, including nuclear power, agriculture, fishery products, content and biotech.
Seoul to create 1 trillion won fund for content industry by 2024
The goal to achieve 137 trillion won in exports of content by 2027 will be achieved by supporting the overseas expansion of small and medium-sized content companies.
Bangkok braces for biggest gathering of Chinese entrepreneurs from around the world
Chinese entrepreneurs from around the world will gather for the first time after the pandemic to promote trade ties with Thailand.
PM Modi reviews 9 key infra projects worth Rs 415 billion across 13 states
He insisted on expeditious resolution of land acquisition, utility shifting and other issues for the timely completion of projects.
S’pore PayNow users can now instantly transfer funds to others in India
The feature will be made available to certain customers of Singapore’s DBS bank and fintech company Liquid Group under a phased approach.
Japanese restaurant chain giants resume efforts to grow overseas
Operators are primarily eyeing Asia and North America as the Japanese market heads toward decline due to the nation’s dwindling population.
China’s reopening will be a big boost for the region: ADB chief economist
Mr Albert Park, chief economist of the Asian Development Bank, talks about the future of Asian trade, foreign direct investment, among others.
Bank of Japan to start new test on digital currency in April
For now, general consumers will not participate in the new experiment but BOJ employees may join to use a CBDC on a trial basis.
From food to fashion and finance, Malaysia’s halal industry seeks bigger slice of the pie
The word “halal” used to refer only to Muslim dietary requirements, but has ballooned over the years into a trillion-dollar multi-sector economic phenomenon, with even…