Economy
Covering emerging markets, regional blocs, digital economies, and the Asian business landscape.
Indonesia to Inject $12 Billion into Commercial Banks to Boost Lending and Growth
The Indonesian government is set to inject US$12 billion into commercial banks in a bid to stimulate credit growth and accelerate economic recovery....
Trump Bows Before India, Invites Modi for Talks
NEW DELHI: U.S. President Donald Trump has softened his once-aggressive stance on India, signaling a recalibration of Washington’s economic strategy toward New Delhi....
US Tariffs Shift Synthetic Footwear Orders Toward Bangladesh
DHAKA – Rising tariffs on Chinese footwear are driving fresh US demand for Bangladesh’s synthetic leather and non-leather shoes, offering exporters a potential...
Japan-India Business Partnership Grows Stronger as Regional Tensions Mount
Japanese Prime Minister Shigeru Ishiba and Indian Prime Minister Narendra Modi reignited the Mumbai-Ahmedabad bullet train project—a symbolic highlight of their recent bilateral...
Indonesia Faces Major Economic Setback Amid Riots
JAKARTA – Recent violent protests in Jakarta have inflicted significant damage on the Indonesian economy, with the retail sector alone suffering an estimated...
Trump Claims India Agreed to Eliminate Tariffs on US Goods
United States President Donald Trump said on Monday that India has offered to eliminate tariffs on American goods, even as relations between Washington...
India’s Textile Sector Turns to Nepal After Trump’s Steep Duties
Kathmandu – Global garment brands operating in India, along with Indian exporters, are increasingly eyeing Nepal as a production hub after steep new...
New Delhi Refuses to ‘Bow Down’ in Face of US Tariff Hike
New Delhi – India will not “bow down” to pressure from Washington and will instead work on expanding its global trade footprint, Commerce...
Don't Miss
Iran military warns US forces will be attacked if they enter Strait of Hormuz
TEHRAN: Iran’s military said on Monday that US forces would be attacked if they entered the Strait of Hormuz, following US President Donald...
Donald Trump claims Iran wants Hormuz Strait reopened soon
Washington: Donald Trump said Iran had informed him it was in a “state of collapse” and was trying to determine its leadership situation,...
Trump Unimpressed by Iran’s New Plan to End Conflict: US Official
Washington: US President Donald Trump is unhappy with the latest Iranian proposal on resolving the two-month war, a US official said, dampening hopes...
