Sri Lankans have been increasingly overwhelmed with the soaring cost of living, driven by spiralling inflation and foreign exchange shortages. The country is officially in default after failing to make debt interest payments in May. Its dwindling foreign currency has crippled the economy, disrupted imports and led to shortages ofContinue Reading
BEIJING: China will try hard to obtain the best possible results for your economy this year, state media said on Thursday (Jul 28) after a high-level meeting of the ruling Communist Party, in contrast to earlier calls to meet the full-year economic growth target. In the second half of 2022,Continue Reading
KUALA LUMPUR: Malaysia’s Cheaper House of parliament passed the anti-party hopping Bill on Thursday (Jul 28), paving the way for the country’s Federal Cosmetic to be amended to incorporate clauses against politics defection. The vote around the Bill saw 209 MPs voting within favour, with eleven absent, exceeding the necessaryContinue Reading
KUALA LUMPUR: The Health Ministry in Malaysia welcomes apps to conduct scientific trials on products containing cannabis remove for medical purposes as there are simply no such trials getting carried out at the moment, Deputy Health Minister Dr Noor Azmi said on Thursday (Jul 28) Malaysia’s Harmful Drugs ActContinue Reading
While analysts expect stronger demand regarding iPhones than with regard to other smartphones, Apple company announced discounts within China this week, the move it sometimes makes when sales are slow. Tech and auto firms with factories in China and taiwan have faced business disruptions in the tour’s second-largest economy dueContinue Reading
KUALA LUMPUR: Malaysia’s human resources ressortchef (umgangssprachlich) on Thursday (Jul 28) said Philippines had agreed to lift the freeze on delivering its migrant employees to the country effective Aug 1, after the nearby neighbours ironed out worries surrounding workers’ rights. The entry of migrant workers will help Malaysia – theContinue Reading
The video clip showing banker Shen Dong’s save of the toddler was shared on Twitter by China’s foreign ministry spokesperson and reportedly went virus-like on Chinese social networking.Continue Reading
China can help property developers simply by issuing 1 trillion yuan (US$148. two billion) in loans for stalled developments, the Financial Times said on Thurs (Jul 28), because it tries to revive the particular debt-stricken sector. A key pillar of the world’s second-largest economy, China’s house sector has been lurchingContinue Reading
BEIJING: Asia’s wealthiest woman lost more than half her fortune over the past year as China’s real estate field was rocked with a cash crunch, a billionaire index demonstrated Thursday (Jul 28). Yang Huiyan, a majority shareholder in Chinese house giant Country Garden, saw her net worth plunge simply byContinue Reading
However in Abra, which felt the full force from the quake, overall harm had been “very minimal”, police chief Colonel Maly Cula told AFP. “We don’t have a lot of people in evacuation sites although many people are staying in the streets due to the aftershocks, ” Cula said. “AbraContinue Reading