IMF delegation meets BGMEA leaders, seeks assessment of garment industry challenges

A visiting International Monetary Fund (IMF) delegation today (5 November) met with leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in the capital’s Uttara to discuss the current status and future risks of the country’s ready-made garment (RMG) sector. The meeting was attended by BGMEA President Mahmud Hasan Khan Babu and other top […]

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What’s Holding Back Kazakhstan’s Air Transport Market?

By Dauren Moldakhmetov Kazakhstan’s aviation industry has posted steady growth in recent years. Over the past four years, passenger and cargo traffic have risen by more than 36% and 23% respectively, with an actively expanding route network. The state’s aviation development strategy prioritizes infrastructure upgrades, improved safety standards, and expanded international cooperation. Yet, despite these […]

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Indonesia’s China-funded ‘Whoosh’ railway faces corruption probe

By Resty Woro Yuniar Indonesia’s anti-corruption watchdog has launched a preliminary investigation into the construction of the US$7.3 billion Jakarta–Bandung High-speed Railway that analysts say could implicate senior figures in the administration of former president Joko Widodo. The Corruption Eradication Commission (KPK) confirmed last week that it was gathering evidence related to alleged irregularities in […]

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Japan’s PM says no plan to renegotiate $550 billion investment package with US

Japanese Prime Minister Sanae Takaichi said on Saturday (1 November) that she had no plans to renegotiate a $550 billion investment package deal reached with the United States. “I believe that even if the prime minister changes, promises made between governments should not be altered,” Takaichi told reporters at the end of a week of […]

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Tajikistan says it is ‘deeply concerned’ by latest EU sanctions targeting its banks

ALMATY: Tajikistan’s foreign ministry said on Saturday it was “deeply concerned” by the inclusion of Tajik banks in the latest round of EU sanctions against Russia, and said it would take measures to minimize the consequences on Dushanbe. Three Tajik banks — Spitamen, Dushanbe City Bank and the Commercial Bank of Tajikistan — were included […]

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PM Modi Declares 2026 As ASEAN-India Year Of Maritime Cooperation

Prime Minister Narendra Modi on Sunday noted that the cooperation between India and ASEAN is growing rapidly in Humanitarian Assistance and Disaster Relief (HADR), maritime security and blue economy and declared 2026 as ‘ASEAN-India Year of Maritime Cooperation.’ While delivering opening remarks during the ASEAN-India Summit virtually, PM Modi said, “India has stood firmly with […]

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‘India unfazed by Trump’s tariffs’: IMF ups forecast to 6.6%, China trails at 4.8%

India’s economy is set to grow 6.6% in FY2025–26, outpacing China and defying global slowdown fears, according to the International Monetary Fund’s latest World Economic Outlook. The IMF’s upgraded forecast signals renewed confidence in India’s economic momentum, driven by strong domestic demand and a rebound in manufacturing and services. The 6.6% projection marks a significant […]

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