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Japan economy shrinks for first time since 2009
Agence France-Presse . Tokyo | Updated at 11:24pm on February 15, 2021
Japan’s pandemic-hit economy shrank in 2020 for the first time in more than a decade, but the contraction was less than expected and it ended...
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Vaccinations, stimulus packages won’t mend the economy
Shawgi Tell | Updated at 12:00am on February 16, 2021
THE social and economic destruction engulfing the United States and dozens of other countries remains out of everyone’s control and more chaos, instability, and insecurity...
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CPD stresses expediting government spending for recovery
Staff Correspondent | Updated at 05:23pm on February 15, 2021
Centre for Policy Dialogue on Monday stressed the need for expediting government expenditure to stimulate domestic demand and ensure sustainable economic recovery from the COVID-19...
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China factory prices see first rise in a year
Agence France-Presse . Beijing | Updated at 10:15pm on February 13, 2021
Factory prices rose in China for the first time in a year last month as the country’s vast industrial sector leads a recovery from the...
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Squeezed by sanctions, pandemic, Cuba opens up economy
Agence France-Presse . Havana | Updated at 10:30pm on February 12, 2021
Cuba is undergoing a paradigm shift: after decades of tight, centralised control, the communist government is opening up the bulk of its economy to the...
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German industrial output stagnates
Agence France-Presse . Frankfurt am Main | Updated at 01:55am on February 09, 2021
German industrial production was flat in December compared to the previous month as pandemic restrictions weighed on Europe’s top economy, official figures showed on Monday....
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Saudi Arabia to reserve customer care centre jobs for citizens
Agence France-Presse . Riyadh | Updated at 10:50am on February 02, 2021
Saudi Arabia will reserve customer service centre jobs for Saudi citizens to ‘offer greater opportunities’ and ‘improve their income potential’ officials said on Monday, as...
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India spends big to revive pandemic-hit economy
Agence France-Presse . New Delhi | Updated at 12:28am on February 02, 2021
India unveiled a massive spending plan focused on healthcare and infrastructure on Monday, as the government sought to boost a coronavirus-ravaged economy on course for...
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Bangladesh economy averts COVID-19 setback: PM
Bangladesh Sangbad Sangstha . Sangsad Bhaban | Updated at 12:18am on January 21, 2021
Prime minister Sheikh Hasina on Wednesday said that special measures taken by her government in view of COVID-19 pandemic to protect people’s lives and tackle...
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Merkel ally wins race to lead her party
Agence France-Presse . Berlin | Updated at 10:22pm on January 16, 2021
Chancellor Angela Merkel’s conservative CDU party on Saturday picked her ally Armin Laschet as its next leader, in a vote that kicks off the race...