Open letter to UN Secretary General Antonio Guterres

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FILE PHOTO - U.N. Secretary General Antonio Guterres addresses a news conference during the 30th Ordinary Session of the Assembly of the Heads of State and the Government of the African Union in Addis Ababa, Ethiopia January 28, 2018. REUTERS/Tiksa Negeri

Antonio Guterres, Sir:  It is now 17 years that you have held a high-ranking position within the United Nations system, first as high commissioner for refugees and, since 2017, as secretary general of the organization. During these 17 years you have scrupulously abided by the No 1 unwritten rule that applies to all international civil […]Continue Reading

Japan reaching digitally deep and wide into India

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Nippon Telegraph & Telephone (NTT) is planning large new investments in India’s data processing, renewable energy and communications infrastructure. It is just the latest example of the Japan-India cooperation that is redrawing the economic map of Asia at the same time it affects security equations in the Indo-Pacific. “We will invest US$500 million annually for […]Continue Reading

Challenges before India’s G20 foreign ministers’ meet

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This Thursday and Friday, New Delhi will host the Group of Twenty Foreign Ministers’ Meeting, which is widely expected to provide a peek into the likely scenarios for the G20 Summit in September, also hosted by India. And going by the G20 Finance Ministers and Central Bank Governors meeting held in Bangalore late last week, […]Continue Reading

Lessons for Bangladesh’s economy

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In: Asia

In recent times, the global economy has endured far-reaching macroeconomic shocks ranging from pandemic-induced disruptions, severe climatic events, and geopolitical tensions to an active war with a crippling trickle-down effect in countries the world over. While the impact of these events has been debilitating enough to destabilize the most robust of economies, these have been […]Continue Reading

Big spender Anwar buying political staying power

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In: Asia, Business

SINGAPORE – Malaysian Prime Minister Anwar Ibrahim has unveiled the largest budget in his nation’s history replete with measures aimed at lowering the cost of living through subsidies and direct cash payments, even as his three-month-old administration claims to be trying to narrow the fiscal deficit. The record 388.1 billion ringgit (US$87.5 billion) spending plan […]Continue Reading

FMM: Budget 2023 lacks specific support for manufacturing

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Agrees reintroduction of GST not ideal now but urges govt to consider it for 2024
Disappointed National TVET Apprenticeship & National Automation Fund idea not adpted The revised Budget 2023, unveiled recently by Finance Minister Datuk Seri Anwar Ibrahim with the theme “Membangun Malaysia Madani”, is the Unity Government’s first budget which outlines its policies and priorities. 
The…Continue Reading