Saudi Arabia confirms commitment to ‘OPEC Plus’ deal with Russia
While Saudi Arabia is seen as a kingpin of the original OPEC states, Russia is a major player among the countries that make up OPEC+.
Big Picture
Bangladesh loses 7 billion working hours a year to global warming: Study
At current temperatures, the global economy is losing US$280 to US$311 billion per year due to heat-related productivity losses.
Survey ranks Bangkok 6th best convention city in the world
Singapore, Beijing and Tokyo are the other Asian cities in the list.
Gold glitters as Russia-Ukraine conflict sends prices rising
Many consider the metal a safe asset.
Telecom Malaysia to build new SEA-ME-Europe submarine cable system
The system would connect Malaysia with multiple countries namely Singapore, Bangladesh, India, Sri Lanka, the Maldives, Pakistan, Oman, Djibouti, Saudi Arabia, Egypt and France.
Hong Kong eyed as professional services, financial hub for RCEP
Hong Kong will strive to join at the earliest opportunity, a senior city trade official said.
Home grown businesses redraw Viet Nam’s retail map
In 2016, more than 50 per cent of Viet Nam's retail market share belonged to foreign enterprises but now it is about 70-80 per cent across the country.
Tokyo’s ‘gateway to the sea’ closes, much to people’s regret
After 30 years, Tokyo’s Harumi Passenger Ship Terminal, with its impressive white latticed pyramid roof, closed its doors Sunday night.
Startups restructure bespoke clothing sector in India
Experts believe mass customization and personalized production will grow.
China’s digital currency push faces uphill battle
China is trying to show that the country’s digital currency is in the stage of practical use, but private smartphone payment systems are widespread in the country.