Pakistan federal cabinet approves restructuring of national carrier
According to Radio Pakistan, the federal cabinet — chaired by caretaker PM Kakar in Islamabad — consented to the appointment of a financial advisor for the financial and…
Business
China’s white-collar workers face bonus cuts
According to the report, only 20.2 per cent said they were sure of receiving a year-end bonus, down by 6.7 percentage points from the previous year. About 39.4 per cent were not…
Stable growth forecast for China’s machinery makers this year
Despite the uncertainties caused by weakening global demand and geopolitical tensions, the foreign trade growth of China's machinery industry — a key economic indicator — rose…
Get $101k for every child born? Yes, say employees to South Korean firm’s offer
Some 70 employees, including executives, of South Korea’s Booyoung Group have said yes to the incentive, which is targeted at battling the country’s low birth rate.
High-tech devices make holiday travel more comfortable
New technology has been deployed at roads, train stations and airports to enhance travel efficiency and bring a convenient and comfortable experience to passengers during the…
China’s trade in services making inroads to world
Acceleration of the global value chain's restructuring has already led to an increased prominence of services segments, such as innovation, finance, logistics, marketing and…
Weaker consumption, exports bite Indonesia’s 2023 economic growth
An economist has mentioned that he expected household consumption to continue slowing down this year. The same went for exports.
Seoul unveils plan for world’s largest ‘vertical’ business district in Yongsan
The district will be reborn as a "Compact City" with urban areas that combine multiple functions such as work, leisure and housing within walking distance. Construction will begin…
PM urges state energy firm to invest in Thai startups, Sri Lanka’s solar farm
PM Srettha, in his capacity as finance minister, invited state energy firm, PTT, CEO and board chairman, to the Government House and discussed investment opportunities.
Investors care more about reputational risk than climate risk: Survey
The findings show a worrying disconnect between executives’ understanding that climate change is a threat and investment decisions that fail to match that concern.