Chinese Ambassador to Bangladesh Li Jiming urged Bangladeshi businesses not to switch over its supply chain to any other countries as an alternative to China in the wake of the coronavirus outbreak.
Strong Defence Ties, Yet Limited Trade: The India–Vietnam Economic Puzzle
One highlight is VinFast, Vietnam's electric vehicle producer, announcing an investment commitment of US$500 million for a manufacturing plant in Tamil Nadu in south India. The company has also engaged its Indian supply chain with more than 300 local suppliers, aligning with the host country’s domestic industrialization agenda.
Sri Lanka’s Indirect Taxes are Among the Highest in the World: Negatively Impacting Middle Class
Sri Lanka is already seeing signs of higher inflation together with expected slowdown in overall GDP growth during next two years. But the worst impact is going to be gradual shrinking of the middle class and increase in poverty.
Building ASEAN–India Integration Through Digitalization: A Bridge to Strengthen Economic Relations with Southeast Asia
ASEAN–India integration through digitalization is therefore not merely a technical choice. It is a strategy to strengthen competitiveness, expand economic self-reliance, and build a stronger position within the Indo-Pacific economic order.
India's Poverty Reduction: But Is It Translating into Shared Economic Prosperity?
India has demonstrated that economic growth, social transfers and improved access to essential services can substantially reduce extreme deprivation. But the next stage will be considerably more demanding. It requires a different pattern of growth: one that creates productive jobs, raises real wages, increases women's economic independence and distributes the gains from growth more widely
More on Geoeconomics, Trade and Development
175 Nepalis airlifted from Wuhan arrive in Kathmandu
175 Nepalis who were stranded in Hubei Province of China after the outbreak of COVID-19 arrived in Kathmandu on a chartered Nepal Airlines plane.
Disembarkation of crew from China ships won't be allowed in India
Indian port authorities have decided not to allow the disembarkation of crew of ships from China, as well as Hong Kong, Macau, Thailand and Singapore, to avoid the spreading of the deadly coronavirus. "Disembarkation of crew of ships from China, Hong Kong, Macau, Thailand and Singapore are not allowed in order to avoid any risk of coronavirus spreading here. This condition is applicable in all the Indian ports," S. Senthilnathan, Health Officer, Chennai Port, told IANS.
IMF asks Pakistan to cut reliance on China
The visiting IMF mission has asked Islamabad "to reduce its trade and commerce reliance on Beijing" and look for other international options by signing free trade agreements (FTA) with other countries too, a media report said on Friday.
Pakistan PM concerned over students stuck in Wuhan
Pakistan Prime Minister Imran Khan has directed the Foreign Office (FO) to take every possible step to help Pakistani students stuck in the Chinese city of Wuhan, the epicentre of the novel coronavirus outbreak.
China ready to strengthen BRI cooperation with Sri Lanka
China says it stands ready to strengthen cooperation on the Belt and Road Initiative (BRI) with Sri Lanka for mutual benefits.
Pakistan Senate expresses solidarity with NCoV-hit China
The Pakistan Senate has unanimously passed a resolution expressing solidarity with and support for China in combating the deadly novel coronavirus.
India may face supply shortage as China extends factory shutdown
Rapid spread of the coronavirus in China has forced several factories to defer their plans to open shop post Lunar New Year holiday to next month
Immediately evacuate citizens from China: Nepal NHRC
Nepal's National Human Rights Commission directed the government to immediately bring back Nepalis from Hubei, the epicentre of coronavirus outbreak, as students stuck in the Chinese province have started making frantic calls for evacuation
CPEC: China says it is committed to Pakistan
China has asserted that it is not wavering from its commitment to assist Pakistan in the second, people-centric phase of the China-Pakistan Economic Corridor (CPEC)
Humanitarian agency seeks Pakistan government's permission to repatriate stranded students from Wuhan
Pakistan's Edhi Foundation has written a letter to Foreign Minister Shah Mehmood Qureshi, seeking permission to “evacuate students from Wuhan city of China”.
Sri Lanka plays down China’s statement on interference
Sri Lanka says it did not take a statement made by Chinese Foreign Minister Wang Yi seriously on interference in Sri Lanka.
Nepal still preparing to evacuate citizens from Wuhan
A week after Nepalis in China's Hubei province asked the Nepal government to evacuate them, officials in Kathmandu have little idea how the evacuation will progress.
Modi offers help to Xi in coronavirus crisis
Indian Prime Minister Narendra Modi has offered assistance to Chinese President Xi Jinping in the fight against the ongoing novel coronavirus epidemic that has killed over 800 people and infected around 35,000 in China.
171 Bangladeshis asked to wait in Wuhan
The failure to arrange a flight has forced the government to scrap its plans to bring back 171 Bangladeshis from the locked-down cities in China amid a deadly coronavirus outbreak.
