Chinese tech giants tap India as export base to US, Africa, West Asia

Chinese smartphone and electronics companies have started sending products from their Indian plants to places like West Asia, Africa, and even the United States, according to a report by The Economic Times. These markets were earlier mostly supplied by China and Vietnam. This shift follows the Indian government’s efforts to encourage exports and the expansion […]

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Belt and Road Initiative fuels record China–Central Asia trade

Central Asia holds special significance as the birthplace of the Belt and Road Initiative (BRI) and has become a demonstration zone for high-quality BRI cooperation, showcasing the tangible benefits of this visionary framework. Data released by China’s General Administration of Customs (GAC), showed commerce between China and the five Central Asian nations, namely Kazakhstan, Kyrgyzstan, […]

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UK supporting Bangladesh in recovery of laundered money: BB governor

The United Kingdom (UK) is providing full support to Bangladesh in recovering laundered money linked to individuals associated with the regime of ousted prime minister Sheikh Hasina, Bangladesh Bank Governor Dr Ahsan H Mansur said today (15 June). “The government is in intensive discussion with UK to recover laundered money. Our communication with the UK […]

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US-China trade truce leaves military-use rare earth issue unresolved, sources say

The renewed US-China trade truce struck in London left a key area of export restrictions tied to national security untouched, an unresolved conflict that threatens a more comprehensive deal, two people briefed on detailed outcomes of the talks told Reuters. Beijing has not committed to grant export clearance for some specialized rare-earth magnets that US […]

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India gifts 40 ambulances to various health institutions across Nepal

Kathmandu [Nepal], June 14 : The Embassy of India in Kathmandu, on Saturday, gifted 40 ambulances to various health institutions, spread across different districts of Nepal. “The vehicle handover ceremony was organised simultaneously at four locations, including the Embassy of India in Kathmandu, the Consulate General of India in Birgunj and the Pension Paying Offices […]

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Philippines’ rice industry in danger of being ‘drowned out by cheap imports’: report

The Philippines’ rice industry is in danger of being “drowned out by cheap imports”, according to a new report, with experts also warning that prolonged policy inertia could affect the country’s food security. The report, produced by the Integrated Rural Development Foundation, said policy failures and under-investment had pushed the country’s farming industry into its […]

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US Commerce Secretary Howard Lutnick “very optimistic” about upcoming trade deal with India

Washington DC : A trade deal between India and the United States could be finalised soon, with both countries finding common ground that suits their interests, US Secretary of Commerce Howard Lutnick said, expressing “strong optimism” about the direction of ongoing talks while speaking at the US-India Strategic Partnership Forum. Lutnick said, “I think to […]

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Thailand’s stalled cash handout scheme sours voters on ruling party

Rungthiwa Pimphanit waited months for a long-promised cash handout of 10,000 baht ($307) from Thailand’s ruling party, which she backed in 2023 elections, but now the scheme to stimulate a stalling economy has been put on ice. “I’m very disappointed and angry,” said the 34-year-old government employee from the northeastern province of Nong Bua Lam […]

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