India at the end of May allowed duty-free imports of 2 million tonnes each of soyoil and sunflower oil for the present and next fiscal years ending March 31, as part of efforts to maintain a lid on local edible essential oil prices. Through the end of June, soy oil’sContinue Reading
Gross domestic product (GDP) for 2022 is now expected to end up being 3. 76 percent higher than last year, the particular Directorate General associated with Budget, Accounting plus Statistics said, studying down the 3. 91 per cent forecast this issued in May. The outlook is far sluggish than theContinue Reading
JAKARTA: Indonesians must prepare for any hike in gas prices as the authorities looks to control the ballooning energy subsidies amid high worldwide oil prices, the cabinet minister mentioned on Friday (Aug 12). Southeast Asia’s biggest economy has tripled this year’s power subsidy budget in order to 502 trillion rupiahContinue Reading
MANILA: Philippine President Rodrigo Duterte is not going to cooperate with the Worldwide Criminal Court’s (ICC) probe into the drug war, his lawyer said Thursday (Aug 11), insisting the tribunal does not have legal system in the country. ICC judges sanctioned on Wednesday the full-blown investigation directly into Duterte’s anti-narcoticsContinue Reading
SHENZHEN, China: Huawei Technologies said upon Friday (Aug 12) its first-half net profit more than halved as a difficult economic climate curtailed demand from customers, compounding woes brought by U. T. technology restrictions. Revenue dropped 5. 9 percent year-on-year during the time period to 301. 6 billion yuan (US$44. 73Continue Reading
Waluyo said BI will work with the authorities to address supply issues that had pressured customer prices, adding: “We will not let heading inflation go up”. He also repeated that BI will only increase rates when it sees a persistent rise in core inflation. BI is one of very fewContinue Reading
Previous Malaysian prime minister Najib Razak is due to appear in the Federal government Court next Mon for his final bid to overturn the guilty confidence in the SRC International case.Continue Reading
SHANGHAI: Several cities in China’s tourism hub Hainan extended lockdowns upon Friday (Aug 12), with some of the procedures expected to last with the weekend, while Lhasa in Tibet also tightened restrictions, among the latest curbs in order to contain COVID-19 groupings in the country. Under the “dynamic COVID zero”Continue Reading
The skirmish, which usually took place in the Sheung Shui neighbourhood within November 2019, was one among dozens that will broke out among ideological opponents at the height of Hong Kong’s massive protests. The defendants made plans to protest jointly on the day, which showed some level of premeditation, accordingContinue Reading
WAGAH: Each sunset on the India-Pakistan border, crowds go wild and troops goose-step in a chest-puffing theatrical ritual symbolising the countries’ antipathy 75 years after independence, but the screen ends with a brisk, brotherly handshake. Several hours before the ceremony, enthusiastic vistors begin trickling directly into sitting areas uponContinue Reading