China’s shipbuilding sector retains top position worldwide
China's shipbuilding industry recorded simultaneous growth in three major indicators – output, new, and holding orders - in 2023, continuing to maintain its dominant spot in the…
Economy
Jakarta’s global traffic ranking improves, but congestion worsens
The average Jakartan spent a total of 117 hours driving in rush hours in 2023, or 10 hours and 21 minutes longer than in the previous year.
South Korea’s unskilled jobs hit record low, in blow to those on low incomes
Manufacturing accounts for more than half of the decline in industries. This, coupled with a downturn triggered by sluggish exports, has taken a toll on low-income households,…
I want to see results of government measures to curb inflation: PM Hasina
The minister who attended the meeting at the Prime Minister's Office told The Daily Star that the PM wants an uninterrupted supply chain during Ramadan, which begins in the second…
It’s Bangladesh’s peak season for potatoes, but prices are still high. Here’s why
Traders said potato production in the country was affected due to incessant rains during Cyclone Michaung, which led to lower supply of early varieties of potatoes at the…
How an election-packed 2024 could swing world markets
Countries making up over 60% of the world's economic output and more than half of its population hold elections this year.
President Yoon throws full weight behind 622 trillion won chip cluster plan
With the investments, South Korea plans to double the number of chip-producing plants across southern Gyeonggi Province to 37.
Global economy to weaken in 2024: WEF
Despite regional variations in growth forecasts, no region is expected to experience very strong growth in 2024, although there has been a reduction in high inflation expectations…
IMF chief says AI will affect almost 40% of jobs worldwide
Noting that AI could also affect income and wealth inequality within countries, in most scenarios, AI will likely worsen overall inequality, a troubling trend that policymakers…
Low enrollment, high dropout rates mar Achham campuses
“Many people are discouraged from pursuing bachelor’s level because it takes four years to complete the course. Lack of job guarantee further discourages students from…