Japan to invest in Eastern Container Terminal, not give a loan
FILE PHOTO: Amazon workers perform their jobs inside of an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., December 2, 2019. REUTERS/Lucas Jackson
FILE PHOTO: A woman holds a small bottle labeled with a "Coronavirus COVID-19 Vaccine" sticker and a medical syringe in this illustration taken October 30, 2020. REUTERS/Dado Ruvic/File Photo/File Photo
FILE PHOTO: TraceTogether tokens are distributed to residents at Jalan Besar Community Club, as the government speeds up contact tracing efforts to curb the spread of the coronavirus disease (COVID-19), in Singapore September 14, 2020. REUTERS/Edgar Su
With the Rajapaksas back in power, US$ 13 billion Colombo Port City project is gathering momentum
India pushes Tamil National Alliance towards economic development issues
FILE PHOTO: Boats tow the giant Olympic rings, which are being temporarily removed for maintenance, amid the coronavirus disease (COVID-19) outbreak, at the waterfront area at Odaiba Marine Park in Tokyo, Japan August 6, 2020. REUTERS/Kim Kyung-Hoon
Formula One F1 - Bahrain Grand Prix - Bahrain International Circuit, Sakhir, Bahrain - November 29, 2020 Mercedes' Lewis Hamilton celebrates on the podium after winning the race alongside second placed Red Bull's Max Verstappen and third placed Red Bull's Alexander Albon Pool via REUTERS/Hamad I Mohammed
FILE PHOTO: People walk past a graffiti of soccer legend Diego Armando Maradona in Buenos Aires, Argentina, November 27, 2020. REUTERS/Ricardo Moraes
Elite runners take part in the Airtel Delhi Half Marathon in New Delhi, India, November 29, 2020. REUTERS/Anushree Fadnavis
PHIs warn COVID-19 spread in Colombo beyond control. Pic - AFP
FILE PHOTO: Samsung Group Chairman Lee Kun-hee reacts during a news conference regarding his resignation at the company's headquarters in Seoul April 22, 2008.REUTERS/Jo Yong-Hak/File Photo

Lee Kun-hee, who made South Korea’s Samsung a global powerhouse, dies at 78

Seoul: Lee Kun-hee, who built Samsung Electronics into a global powerhouse in smartphones, semiconductors and televisions, died on Sunday after spending more than six years in hospital following a heart attack, the company said. The charismatic leader of Samsung Group and the country's richest person, grew it into South Korea’s biggest conglomerate. But he and the empire he built have...

Uday Kotak. (Photo: Reuters)

Best time to invest in India, says billionaire banker Uday Kotak

New Delhi, October 16 (India Today) - Billionaire banker Uday Kotak said it is the best time to invest in India as the fallout from the coronavirus crisis has made valuations attractive across many sectors in the country. Kotak, who is the managing director of Kotak Mahindra Bank and Asia’s richest banker, said that investing in India is ideal when...

Credit- Reuters/Adnan Abidi

Google is facing an anti-trust storm in India—and it’s definitely not the first

October 12 (Quartz India) - India’s startups are digging a bigger hole for Google in India. On Oct. 10, founders of 15 Indian startups held a virtual meeting with the Competition Commission of India (CCI) to discuss Google’s anti-competitive policies in the country, Mint newspaper reported. The meeting was triggered because of Google’s recent move to make it mandatory for Indian...

The new airline startup will utilize two leased Airbus A330 jets. Photo; Airbus

Airline Startup Of The Week: Sri Lanka’s Spark Air

September 30 (Simple Flying) - Sri Lanka will be getting a new airline as of February 2021. The new startup, Spark Air, first plans to launch with cargo operations before expanding to carry passengers from the South Asian nation. These activities will be carried out with two dry-leased Airbus A330s. According to Sri Lankan media outlet DailyFT, Spark Air’s Uditha...

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