South Korean seniors poorest in OECD: Report
South Korea’s senior poverty rate was far higher than those of a number of emerging economies, standing at 40.4 per cent in 2020.
Economy
Vietnam’s national programme helps reduce poverty
The goal of the programme is to enhance socio-economic development in ethnic minority and mountainous areas sustainably, to narrow the development gap between mountainous and…
PM Modi promises to make India third-largest economy in the world
The prime minister also emphasised that today the entire country, including Kashi, is committed to building a developed India.
Bangladesh household income doubles in 6 years, but so does spending
Although the income increased both in rural and urban areas, earners in villages were getting less than the national average, while it was higher for urban dwellers.
Korea’s big 5 banks brace for losses from foreign real estate projects
The potential risk of suffering losses in overseas real estate investments comes amid a slowdown in the global property market following persistent high rates.
Boom times back as China’s car sales to pass 30 million
With its confidence bolstered by double-digit growth, the China Association of Automobile Manufacturers said that 2023 will end with an annual growth rate of 11.7 per cent.
Bangladesh now top knitwear supplier to EU
One of the reasons for Bangladesh's stellar performance in the EU in knitwear has been the recent investments in high value-added items, especially activewear.
Beijing sees fall in permanent resident population for sixth straight year
To pursue a sustainable development, Beijing has been working on capping its population in recent years.
Declining inflows signal tough year for rupee, experts warn
While the caretaker government is trying to attract foreign investment, targeting a $100bn influx over five years through the Special Investment Facilitation Council, most experts…
Bangladesh’s forex reserves go past $20 billion mark after loans from IMF, ADB
Amid higher import bills against moderate remittance and export receipts, the gross international reserves of Bangladesh slipped to $24.3 billion in 2022-23 from $36 billion in…