Economy – Page 91 – Arab Daily Digital

China’s biggest ‘bad bank’ lands in huge debt

Beijing has spent decades bailing out Chinese companies that got in over their heads, Huarong is now testing the limits of that resolve, reports Asian Lite News Once a sprawling Chinese financial

20 May 2021

Asia News·China·Economy

2nd Covid wave derails economic rebound’

It said that base GDP growth forecast for fiscal 2022 at 11 per cent, with risk firmly tilted downwards….Reports Asian Lite News The second wave of novel coronavirus threatens the economic growth

11 May 2021

Business·Economy

Pak trade deficit widens to $23.8 billion

The trade gap has been widening since December 2020…reports Asian Lite News Pakistan’s trade deficit widened to USD 23.8 billion, exceeding the annual target by USD 4.1 billion in 10 months of

7 May 2021

Asia News·Economy

‘IMF’s tariff hike demand could worsen Pak inflation’

Pakistan has promised the IMF to increase taxes by 1.272 trillion PKR and raise electricity tariff by almost 5 PKR per unit…reports Asian Lite News Pakistan’s Finance Minister Shaukat Tarin said that

5 May 2021

Asia News·Economy

Amazon to allow direct seller-customer contact

The e-commerce giant is currently testing this new feature called “Manage Your Customer Engagement” that will help sellers contact Amazon users…reports Asian Lite News Amazon may soon allow sellers to directly connect

25 April 2021

Business·Economy

Gloom for Pakistan’s maritime economy

In 2017 Pakistan Naval Chief announced the approval of a new shipyard at Gwadar, to be completed within three to five years. 12 years since the idea and three years since the

23 April 2021

Asia News·Economy

G20 Ministers urge continued financial aid

Daniele Franco, Italy’s Minister of Economy and Finance, said confronting the economic damage from the pandemic is the G20’s top priority…reports Asian Lite News Finance Ministers and central bank governors from the

8 April 2021

-Top News·Economy·World News

Massive container ship freed from Suez Canal

The high tide on Sunday night helped to free the ship, reports Asian Lite News. A massive container ship which had blocked the Suez Canal since March 23 has been freed and

30 March 2021

-Top News·Economy

World GDP to rebound if vax rollout fast

Economic recovery dependent on pace of vaccination The OECD projected the US economy to grow at 6.5 per cent in 2021 thanks to “significant fiscal stimulus along with faster vaccination”…reports Asian Lite

10 March 2021

Business·Economy·World News

Biggest decline: Malaysia’s GDP shrinks by 5.6%

Malaysia’s GDP contracted 3.4 per cent year-on-year in the fourth quarter of last year, rendering a 5.6 per cent drop for 2020, the biggest decline since the last 23 years, the country’s

11 February 2021

-Top News·Asia News·Economy

Economy - Page 91