Bhutan’s economy projected to grow over 7 percent
The recovery of tourism and trade services, a vital part of the service sector, also contributed to the growth. On the demand side, an increase in non-hydro exports and consumer…
Business
Pakistan IT industry ‘loses $1m’ due to one hour of net outage
The IT industry has claimed that one hour of internet outage or disruption results in a loss of more than one million dollars for the whole sector, including export businesses.
Korean won hits 2-year low after President Yoon declares martial law
The Korean won sharply dropped right after President Yoon’s declaration at around 10:30 p.m. By 10:53 p.m., it depreciated to 1,430.0 won, down 28.7 from the previous day.
India’s Darjeeling tea industry seeks financial revival package
While domestic tea prices have shown an upward trend recently, the sharp decline in production has neutralised the gains, adversely impacting earnings. The minister acknowledged…
Uber launches ‘Shikara’ service in Srinagar’s Dal Lake
In a social media post, the Lieutenant Governor said the launch of Uber Shikara services will provide visitors a seamless way to experience the timeless charm of Shikara rides.
20,000 more offshore gaming operator workers to leave Philippines
The Bureau of Immigration on Monday said it is expecting some 20,000 more foreign Philippine Offshore Gaming Operator (Pogo) workers to leave the country in the next few weeks.
Steadily establish domestic production of next-generation products: The Japan News
Japan has more leading companies in the manufacturing equipment and materials fields than in semiconductor products. If Rapidus establishes a production foundation for…
Award-winning Chinese rural village becomes model of business transformation
By the end of 2023, the Huaxi village's per capita annual income had reached 25,110 yuan, and collective economic income hit 2.37 million yuan, with cumulative dividends of 2.258…
Bangladesh GDP growth overstated since 1995
The panel, based on consultations with various stakeholders, said there is strong evidence that GDP growth was overstated irrespective of political regimes. But the overstatement…
Indonesia likely to delay start of VAT hike amid growing worries over living costs
The planned tax hike will jack up prices of goods and services across the board, hurt consumption and hit the middle class the hardest, economists say.