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Korea EPZ problem is a serious one, says JANG Sung Min
Special Envoy of the President of the Republic of Korea JANG Sung Min has said that problems faced by the Korean company YoungOne for the Korean EPZ in Chittagong areread more
Businessmen seek govt support to sustain steel industry
The businessmen of the steel and rod manufacturing sector have sought the government’s support on an urgent basis to deal with the crisis surrounding the industry amid the price hikeread more
Japan set to appoint Kazuo Ueda as next BOJ governor
The Japanese government plans to appoint Kazuo Ueda, an economist and former member of the Bank of Japan (BOJ) Policy Board, as the central bank’s next governor after Haruhiko Kuroda’sread more
Taiwan exports seen contracting for fifth straight month in Jan
Taiwan’s exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine, and the Covid situationread more
South Korea slides toward recession as Jan exports plunge
South Korea’s economy inched towards its first recession in three years as data on Wednesday showed its January trade deficit soared to a record thanks to a plunge in exportsread more
India sees GDP growth slowing on global weakness
India on Tuesday forecast its economy would grow 6.0 per cent to 6.8 per cent in the coming financial year, slower than the projected pace for 2022/23 because of likelyread more
IMF likely to approve loan package for Bangladesh on Monday
Bangladeshi officials have received indications from the International Monetary Fund (IMF) that the multilateral lender’s board has agreed in principle to approve the country’s loan request, according to UNB. Severalread more
Sri Lanka’s economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year
Sri Lanka’s economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil Wickremesinghe said on Saturday. “From 2024, we will take this economy toread more
Pakistani rupee fall slows as PM Sharif hopes for IMF funds
The Pakistani rupee’s two-day decline slowed on Friday on news that an IMF team was visiting Islamabad next week to discuss unlocking a suspended bailout package, although the currency stillread more
South Korea vows support for exporters as economy shrinks
South Korea’s government promised strong support for exporters after the country posted on Thursday its first economic contraction in 2/1-2 years, due mainly to a crash in exports, and facedread more
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