WB: Growth in South Asia slows down, rebound uncertain

Publication date 18 October 2019 | 13:56 | ICT

In line with a global downward trend, growth in South Asia is projected to slow to 5.9 per cent this year, down 1.1 percentage points from estimates in April, casting uncertainty about a rebound in the short term, says the World Bank in



  • Google in smartphone push with motion-sensing Pixel 4

    Publication date 16 October 2019 | 21:00 | ICT

    Google stepped up its smartphone ambitions on Tuesday with updated Pixel handsets, touting a move toward computing with a simple hand wave or spoken command.

  • Facebook’s Libra announces 21 founding members

    Publication date 16 October 2019 | 10:06 | ICT

    The Libra Association, created by Facebook to launch its new cryptocurrency, has announced its 21 founding members after defections by previous supporters including Visa and MasterCard.

  • RoK aims to be first in green cars, commercial autonomous driving

    Publication date 15 October 2019 | 22:36 | ICT

    South Korea aims to become the world’s number one green car provider and the first country to start commercial operations of autonomous driving in the next 10 years, the government said on Tuesday.

  • New Kampot cement plant set to open

    Publication date 15 October 2019 | 22:35 | ICT

    A new cement plant will be online in Kampot province next month, bringing the total domestic cement production to more than eight million tonnes per annum.

  • VN textile industry hit by trade war

    Publication date 15 October 2019 | 22:09 | ICT

    Vietnam's textile industry faces many difficulties with both export and production on the decrease due to effects of an intensified Sino-US trade war, said industry experts.

  • Aramco to announce IPO ‘very soon’, says chairman Rumayyan

    Publication date 15 October 2019 | 22:08 | ICT

    Saudi Arabia’s energy giant Aramco will announce its long-awaited stock market debut “very, very soon”, chairman Yasir al-Rumayyan said on Monday.

  • Generating test runs at Laos’ Don Sahong dam near Cambodia border

    Publication date 15 October 2019 | 22:07 | ICT

    Tests were run last week on the first of four electricity generators at the Don Sahong hydropower plant on the Mekong River in Laos’ Champasak province, after construction began in January 2016.

  • PayPal’s China entry to boost cross-border payment services

    Publication date 15 October 2019 | 22:06 | ICT

    The opening of China’s payment clearing market will prompt domestic third-party payment processors to comply with international rules, bolster their capabilities to deliver cross-border payment services, and give them a better chanc

  • Experts: VN should improve rice quality in long-term strategy

    Publication date 15 October 2019 | 21:55 | ICT

    Experts believe Vietnam needs a long-term strategy to increase the quality of its rice exports to create sustainable growth in the future.

  • South Korea deputy prime minister: Gov’t set to lift regulations to boost exports

    Publication date 15 October 2019 | 21:54 | ICT

    The South Korean government plans to eliminate various regulations that hinder the development of new technologies and overseas expansion of local firms amid the recent economic uncertainties, South Korea’s top financial policymaker