Nepal Airlines at a loss as Chinese planes begin to rust
The Chinese planes cost more money to operate than they brought in, and Nepal Airlines was racking up losses dangerously.
Business
New US chip subsidy bill poses threat to global economy: Chinese trade associations
The bill stipulates a series of measures so as to encourage companies to build factories in the US.
The challenges of reduced working hours
The Malaysian government has announced that amendments to the Employment Act, which will see weekly working hours reduced from 48 to 45 hours, will be enforced from Sept 1.
Apple supplier Foxconn cautious on outlook amid sluggish smartphone sales
Echoing other Asian tech firms, the Taiwanese company has warranted the drop in sales to surging inflation and deepening concerns of a recession crimping consumer spending.
Cambodian gold production tops 3.5 tonnes in early Aug
Cambodia's two gold producers have also pumped out 252 semi-refined gold bars weighing 3,563kg as of the beginning of this month.
On-demand retail gaining ground in China
On-demand retail refers to a retail model where shoppers place orders on online trading platforms, followed by retailers from physical stores executing door-to-door delivery.
Soybean popularity sprouts with plant-based food
According to data, Japan's daily consumption of soybeans per person was 19 grams in 2020, up by 2 grams compared to 2015.
Restaurants, food companies try to hold prices steady even as costs rise
While the pressure to hike prices is growing, corporate efforts to better deal with it are likely to continue in the days ahead.
Indonesia maintaining food security through subsidised fertiliser
Limited fertilizer supplies in the past few months have driven prices up significantly, especially in March-May.
Developed countries keen to sign trade deals with India: Goyal
The minister also asked traders to give priority to the quality of goods and services that India offered.