The spices of two Indian companies are now banned in Malaysia

Malaysia has imposed a ban on the import, sale and use of Indian companies MDH and Everest’s Phis curry spices after high levels of ethylene oxide were detected. Earlier, Hong Kong, Singapore and Nepal also banned the spices of these two Indian companies. A statement from Malaysia’s Ministry of Health said on Tuesday (May 28) […]

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China’s Economy faces bankruptcy amid slowing consumption

The dire state of the Chinese economy, mirrored in the collapsing supermarket sector. Supermarkets, once bustling with customers, now stand eerily quiet, their shelves piled high with unsold stock. The lack of customers and slow-moving goods paint a grim picture of an economy in distress. The situation is a stark reminder of the economic challenges […]

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Sri Lanka’s Tea Industry Faces a Balancing Act with Wage Hike

  Sri Lanka’s tea industry, a cornerstone of its economy, is at a crossroads as a government-mandated 70% wage hike looms. While producers warn of potential economic fallout, the move has also been hailed as a necessary step toward addressing deep-seated labor inequities in the sector. On Monday, tea producers voiced strong opposition to the […]

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Xi’an eyes closer China-Central Asia trade ties after milestone summit

Among a series of fully loaded freight trains in the Xi’an International Inland Port, in Northwest China’s Shaanxi Province, one particularly prominent train stands out — a huge red double-decker train specialized for vehicle transportation. It is about to start a journey to Kazakhstan, carrying 261 domestic new-energy vehicles (NEVs). The scene at the Xi’an […]

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ADP Implementation Rate Drops to 49.26% in FY24’s First 10 Months

Dhaka: In a concerning turn of events, the Annual Development Programme (ADP) implementation has plummeted to 49.26% during the initial ten months of Fiscal Year 2024, according to recently released data. This decline marks the lowest implementation rate witnessed in the past three financial years, indicating potential challenges in meeting development targets. Figures from the Implementation […]

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Google’s Expansion in India to Boost Local Economy and Employment

In a significant move that underscores India’s growing importance in the global tech manufacturing landscape, Google has announced plans to manufacture its Pixel smartphones and drones in the country. This strategic decision is expected to bring substantial economic benefits and job opportunities to the southern state of Tamil Nadu, where the production will take place. […]

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India Begins Local Production of Range Rover, Aiming to Redefine Luxury SUV Market

In a landmark move for the automotive industry, Jaguar Land Rover (JLR) has started local production of its iconic Range Rover and Range Rover Sport models in India, marking the first time these luxury SUVs are being manufactured outside of the United Kingdom. The debut of Range Rover House in the affluent coastal town of […]

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Surge in Tourism Transforms Srinagar’s Houseboat Business

Srinagar’s iconic houseboats on Dal Lake are experiencing an unprecedented surge in bookings, signaling a robust revival in Kashmir’s tourism industry. As temperatures soar in Jammu and Kashmir, tourists from across the valley and beyond are flocking to the region, filling the houseboats to capacity and injecting new life into the local economy. Wali Mohammad, […]

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Bangladesh-India Energy Relations Strain Over Unpaid Dues and Supply Shortages

In a developing story that underscores the complexities of regional energy cooperation, Bangladesh’s electricity imports from India’s Tripura State Electricity Corporation Ltd (TSECL) have been reduced due to significant unpaid dues. This reduction highlights the challenges faced by both nations in maintaining stable energy supplies and financial agreements. Financial Disputes Affect Energy Supply TSECL, which […]

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‘Smile more’: Hong Kong prepares for hospitality campaign by getting service sector and civil servants to be more courteous

By Cannix Yau Hong Kong is gearing up for a hospitality campaign to woo tourists by mobilising support from across all segments of society, from frontline civil servants to transport operators, to make courtesy and warm behaviour a priority. Tourism minister Kevin Yeung Yun-hung said on Saturday authorities would coordinate all service industries ranging from […]

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