Saturday, January 16, 2021

Asia Business

Malaysia all-set to launch commercial third-party 5G technology

Malaysian prime minister Dr Mahathir Mohamad said that the preparations for the provision of 5G technology had been made last year, and the country is set to commence commercial operations in the third quarter of this year. "Fifth Generation Mobile...

Pakistani bourse echoed global stock markets, touches 17-month high levels

Pakistani bourse depicted a mixed trend during the outgoing week with the benchmark KSE-100 index witnessing some weakness at the beginning of the week amid rising conflict between Iran and the US. Sentiments further worsened mid-week given Iranian strike...

Turkey: Unemployment rate reaches 13.8 percent, up by 2.4 percent

The Turkish Statistics Center announced the Unemployment rate in September 2019, and based on these data, the unemployment rate reached 13.8%, up by 2.4% in September. The Turkish Statistics Center has announced in its figures that the rate of unemployed...

Chinese PMI climbs 50.2 points in November

Chinese Industries surprisingly grew again in November for the first time in seven months. The PMI, published by the Statistics Office on Saturday, climbed to 50.2 points. This is the highest value since March. From 50 points, growth is signaled....

BMW and Great Wall pushes electric car production plan in China

Automaker BMW and Great Wall push their plan for the production of electric cars especially in China. In the long term, around 160,000 electric vehicles from the BMW Mini and from Great Wall are to roll off the production...

Moscow wins best tourist destination in the world

The city of Moscow has won the World's Best Tourist Destination Award in a competition in which New York City, London, Paris, Sydney, Rio de Janeiro and Lisbon took part, Russia Network reported Thursday. "We have been awarded the most...

Microsoft: Four-week work program brings positive signs in Japan

Radical attempt of Microsoft in Japan for introducing a short four-week work has proven effective in boosting sales and savings. The radical idea was implemented by the US IT giant Microsoft in Japan, which has been working hard to close...

Dr Baqir: SBP to make one million new merchants in 2020

Dr Reza Baqir, the governor of the State Bank of Pakistan (SBP) announced on Friday that the central bank plans to make one million new merchants in 2020. A micro-payment gateway is in making which would provide facilities to...

Dr Mahathir: Malaysians are highly regarded in foreign countries

Malaysian Prime Minister Dr. Mahathir bin Mohamad said that the advantages of Malaysians working in foreign countries as professionals and having certain skills and abilities make them highly regarded. The prime minister said at this time many Malaysians working in...

China wants more talks before signing first phase of a trade deal with Trump

China is willing to hold talks at the end of October at the earliest to finalize the details of the first phase of a trade deal that US President Donald Trump has outlined before Chinese President Xi Jinping agrees...

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As You Likee: Express more, Create more with Likee’s In-App Features

The online short videos platform is rapidly becoming the content production application of choice for hundreds of thousands of...

Adam Schiff: Donald Trump must be removed

Adam Schiff, Chairman of the Intelligence Committee in the US House of Representatives, affirmed that they continue to defend the democracy of the United...

Indonesia proposed a budget of 1.5 billion dollars for Chinese Sinovac vaccine

Indonesia has proposed a budget of 20.9 trillion rupees ($ 1.49 billion) to buy the Coronavirus vaccine from Sinovac, the Indonesian health minister said...

IFN declares SBP as top central bank for promoting Islamic finance

State Bank of Pakistan (SBP) has been voted as the Best Central Bank in promoting Islamic finance for the fourth time by a poll...

Breaking: Ontario premier ordered state of emergency amid COVID killer wave

The Ontario government has issued a stay-at-home order for at least 28 days requiring everyone to remain at home with exceptions for essential purposes,...