Singapore’s drug makers may be shielded from US pharmaceutical tariffs: Deputy PM Gan
New US levies on pharmaceuticals may not have an “immediate impact” on Singapore’s drug makers, Deputy Prime Minister Gan Kim Yong has said, adding the city state may pursue a ceiling on tariff rates similar to deals that Washington has with other countries. Gan, who is also minister for trade and industry, told reporters on […]
Read MorePrivate Indian defence companies to continue double-digit growth in 2025-26: Crisil
India’s private defence companies are set to continue on the growth path and see firm revenue rise in 2025-26, led by continuing strong domestic demand, according to Crisil Ratings. The rating agency expects the private defence companies to register a robust 16-18 per cent growth. This follows a 20 per cent compound annual growth rate […]
Read More‘Our biggest enemy is dependence’: Modi’s big remarks amid H1-B visa move, Trump’s tariffs
Indian Prime Minister Narendra Modi on Saturday (20 September) spoke about the importance of self-reliance in India while speaking during the public address in Gujarat’s Bhavnagar. His speech came amid US President Donald Trump’s signed proclamation requiring companies to pay $100,000 annually for each H-1B worker visa. In his speech, Modi focused on encouraging India […]
Read MoreJapan and Bahrain eye greater business cooperation
TOKYO: Japan’s Foreign Minister Takeshi Iwaya and Bahrain’s Prime Minister and Crown Prince Salman bin Hamad Al-Khalifa held talks here on Friday to boost business cooperation. Iwaya highlighted frameworks for such cooperation including the Foreign Ministers’ Strategic Dialogue, Tokyo’s Foreign Ministry reported. Iwaya and his Bahraini counterpart Dr. Abdullatif bin Rashid Alzayani held the first […]
Read MoreTurkmenistan and Qatar Build Closer Ties at Doha Summit
By Jonathan Campion As Doha readies an emergency Arab-Islamic Summit, Turkmenistan and Qatar have moved to underscore a steadily warming relationship. On Sunday, Turkmenistan’s Deputy Prime Minister and Foreign Minister Rashid Meredov met Qatar’s Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani on the sidelines of the summit, a show of solidarity with […]
Read MoreTariff may drop if Bangladeshi exports contain over 20% US raw materials: USTR
A delegation from the United States Trade Representative’s (USTR) office, currently in Dhaka, has said that Bangladeshi exports sent to the US may get lower tariffs if more than 20% of the goods’ raw materials are sourced from the US, adding that the tariff reduction would apply only to that portion of the product. While […]
Read MoreRussia Looking to Export Gas to China via Kazakhstan
By Bruce Pannier Russia continues to try to reorient its natural gas exports from Europe to Asia and is planning a new pipeline route to China that would pass through Kazakhstan. Kazakhstan stands to benefit not only from transit fees, but could also import some Russia gas for regions in northeastern Kazakhstan that are desperately […]
Read MoreThe end of IMEC? US-backed answer to China’s belt and road falters amid Mideast strife
By Tom Hussain Two years ago, it was unveiled with much fanfare as a grand riposte to China’s Belt and Road Initiative. Today, the India-Middle East-Europe Economic Corridor is being steadily eclipsed by regional hostilities and global disinterest. The architects of the US-backed IMEC, envisaged as a bridge linking India to Europe via the Gulf […]
Read MoreThe Power of Siberia 2 Project and Central Asia’s Gas Bargaining Power
By Dr. Robert M. Cutler The proposed Power of Siberia 2 (PoS-2) pipeline from Russia to China has re-entered the headlines on the strength of a new memorandum between Gazprom and CNPC. Russia calls the memorandum “legally binding,” but China has avoided the phrase, because the only thing that is legally binding is an agreement […]
Read MoreIndonesia’s new finance chief plans US$12 billion boost to jump-start lending
Bloomberg Indonesia’s new finance minister wants to immediately flood the economy with roughly US$12 billion in cash to jump-start lending, proving his commitment to President Prabowo Subianto’s growth agenda barely three days into the job. The government would transfer half of the 400 trillion rupiah in cash reserves that it held with the central bank […]
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