Business & Economy

Roundup: Indonesia Woos Investors To Boost EV Battery Industry

by Nurul Fitri Ramadhani JAKARTA, May 29 (NNN-XINHUA) – The Indonesian government is wooing foreign investors, to help develop the…

Thailand’s Export Growth Eases In Apr

BANGKOK, May 27 (NNN-TNA) – Thailand’s exports, a key driver of the country’s economic growth, climbed 9.9 percent year on…

India’s Central Bank To Opt For “Graded Approach” Towards Proposed Digital Currency

MUMBAI, May 28 (NNN-PTI) – India’s central bank, yesterday said, it will be opting for a “graded approach” towards introducing…

Nepal To Cut Taxes On Petroleum Products

KATHMANDU, May 28 (NNN-XINHUA) – The Nepali government has decided to cut taxes on petroleum products, due to rising costs…

Turkey, UAE Pledge To Boost Cooperation, Sign Trade Agreement

ISTANBUL, May 28 (NNN-ANADOLU) – Turkey and the United Arab Emirates (UAE), pledged yesterday, to boost their cooperation in a…

Feature: Turkish Supermarket Deserted Amid Ever-Increasing Food Prices

by Zeynep Cermen ISTANBUL, May 28 (NNN-XINHUA) – A supermarket in Istanbul, once thronged with shoppers for a great variety…

Lao Gov’t Orders Action To Facilitate Goods Export

VIENTIANE, May 27 (NNN-KPL) – The Lao government has instructed ministries to streamline procedures, to facilitate trade and speed up…

Feature: Power Shortage Undermines Recovery In Afghanistan

KANDAHAR, May 27 (NNN-XINHUA) – In a country already beset by innumerable destabilising factors, power shortages are doing nothing to…

Moody’s Lowers India’s 2022 Growth Projection To 8.8 Percent

NEW DELHI, May 27 (NNN-PTI) – Global credit rating agency, Moody’s, yesterday slashed India’s economic growth projection to 8.8 percent…

Myanmar Bans Use Of Foreign Currency For Local Payments

YANGON, May 26 (NNN-MNA) – The Central Bank of Myanmar (CBM), yesterday banned foreign currency for local payments, to stabilise…