Middle East Sports Investment Forum concludes 2nd day with financing announcements

RIYADH: The Middle East Sports Investment Forum, in partnership with the Ministry of Investment, the Ministry of Sports, and Sela Co., a subsidiary of the Public Investment Fund, and with the support of Invest in Saudi Arabia, concluded its second day at the Kingdom Arena with the announcement of a package of strategic investments and […]

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Türkiye’s Unemployment Rate Hits Historic Low of 7.7% in December

Türkiye’s Unemployment Rate Dropped to a Historic Low of 7.7% in December, According to Official Data Released by the Country’s Statistical Authority on Thursday. The rate was down 0.8 percentage points from November’s 8.5%, according to data by the Turkish Statistical Institute (TurkStat) and was the lowest rate since the records began in January 2005, […]

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Indonesia scrambles to halt US$80 billion market crash as rupiah hits record low

Reuters Indonesia is fighting to save its financial reputation after a disastrous two days saw stock prices plunge by 8 per cent. Authorities are racing to pass new rules to prevent a downgrade that has already scared investors into pulling billions of dollars out of the local market. The rout, which knocked off about US$80 […]

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Why South Korea’s Gen Z steer towards bus driving as job market shifts

The Korea Times At the training centre for KD Transport Group, South Korea’s largest bus operator, in Seongnam, Gyeonggi Province, boyish-looking men stood out among about 100 drivers gathered for safety training on January 20. According to the company, 47 of the 460 drivers at its Pangyo branch are in their 20s or 30s, accounting […]

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Bank Indonesia’s autonomy under scrutiny as Prabowo’s nephew joins leadership

By Resty Woro Yuniar The appointment of President Prabowo Subianto’s nephew to the leadership of Bank Indonesia (BI) has reignited debate over whether Southeast Asia’s largest economy can preserve the central bank’s independence – a question closely watched by foreign investors and currency markets. While some analysts warned that any perception the central bank could […]

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Pakistan’s Zardari meets UAE vice president, discusses increasing trade, investment cooperation

ISLAMABAD: Pakistan’s President Asif Ali Zardari met UAE Vice President Sheikh Mohammed bin Rashid Al Maktoum at Dubai’s Zabeel Palace on Wednesday, Zardari’s office said, during which the two sides discussed ways to expand trade, investment and economic cooperation. Zardari arrived in the UAE on Monday with a high-level delegation for a four-day official visit […]

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Kazakhstan, China Seal Deal on Major Green Energy Projects

Kazakhstan has taken a major step toward expanding its green energy portfolio, as MPs approved a draft law ratifying an agreement with China on the implementation of large-scale renewable energy projects. Presenting the document, Energy Minister Yerlan Akkenzhenov said the agreement was signed on November 12, 2024, on the sidelines of the COP29 Climate Forum, […]

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Uzbekistan, S. Korea Sign Deal on Seasonal Farm Jobs

Agricultural workers from Uzbekistan have gained a new opportunity for legal and stable seasonal employment in South Korea, following the signing of a labor migration agreement regulating seasonal work in the agricultural sector. The agreement was signed in Buan County between Uzbekistan’s Migration Agency and a delegation from Andijan Region. The document complies with requirements […]

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How China is Turning Uzbekistan into its Main Industrial Hub in Central Asia

By Tural Heybatov In recent years, cooperation between Uzbekistan and China has taken on a systemic and strategic character, moving far beyond the traditional model of “investor and host country.” Today, China is not only Uzbekistan’s largest trading partner but also the primary external driver of structural transformation within the Uzbek economy. The scale, sectoral […]

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Carney says Canada has no plans to pursue free trade agreement with China as Trump threatens tariffs

TORONTO: Canadian Prime Minister Mark Carney said Sunday his country has no intention of pursuing a free trade deal with China. He was responding to US President Donald Trump’s threat to impose a 100 percent tariff on goods imported from Canada if America’s northern neighbor went ahead with a trade deal with Beijing. Carney said […]

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