Afghan trade halt hits Pakistan’s pharma exports
Pakistan's pharmaceutical exports contracted by over 30 percent in FY26, and continues to decline. Industry experts say this is largely due to disrupted trade with Afghanistan –…
Business
Laos launches US$5 million project to cut trade costs, streamline business services
Through streamlined procedures and more accessible digital services, the project aims to help businesses operate more efficiently and strengthen Laos’ competitiveness as it…
South Korean government wins US$127 million tax refund lawsuit against US private equity firm Lone Star
The dispute stemmed from taxes imposed on dividends and capital gains Lone Star earned from its investments in Korea Exchange Bank, Kukdong Engineering & Construction and Star…
Indonesia’s sovereign wealth fund Danantara completes 4.4-hectare land acquisition in Mecca
The newly acquired land is intended for future expansion of the Bait Jemaah complex, an integrated development for serving haj pilgrims from Indonesia and elsewhere, from…
International air traffic nearly doubles, but Bangladesh’s airports can’t keep up
The rise in international passenger numbers is attributed to more Bangladeshis travelling abroad for work, higher disposable incomes and growing demand for religious pilgrimages,…
President Prabowo vows Indonesia will not be ‘frightened’ by MSCI amid proposed market downgrade
Speaking at a Cabinet meeting on Oct. 21, President Prabowo accused global index provider MSCI of trying to frighten Indonesia after it proposed stripping the country of its…
Five years on, Bangladesh’s Sylhet hi-tech park struggles to take off
Nearly five years after its inauguration, Bangladesh's Sylhet Hi-Tech Park, has created just 400 jobs against its initial target of 20,000 and attracted only around US$24.25…
India’s SBI data breach: Personal details in 3,897 customer records exposed on dark web, probe launched
Alerts from the Defence Cyber Agency and CERT-In prompted an investigation by an independent cybersecurity firm, while the bank maintained that its core services remained…
No commitment for public funding support for AirAsia, Malaysian Parliament told
Malaysia's finance ministry said the government is nevertheless monitoring developments in the aviation sector, including the impact of the Middle East crisis, global fuel prices…
Vietnamese energy major plans US$10–15 bil investment in Laos, seeks special incentives
Viet Lao Energy Investment and Development Joint Stock Company (VLE) and its affiliated companies have positioned themselves as amongst the largest in Laos – with planned…
