Tag: Economic

The East Asia and Pacific region's recovery has been undermined by the spread of the COVID-19 Delta variant, which is likely slowing economic growth and increasing inequality in the region, the World Bank said on Monday.

Basil Rajapaksa will enter Parliament next month after he is sworn in as a national list MP, political sources confirmed.

India's annual economic growth rate picked up in January-March compared with the previous three months, but economists are increasingly pessimistic about this quarter after a huge second wave of COVID-19 infections hit the country last month.

Ankara, October 26 - Turkish President Recep Tayyip Erdogan challenged the United States to impose sanctions against his country while also launching a second personal attack Sunday on French President Emmanuel Macron. Speaking a day after he suggested Macron needed mental health treatment because of his views on Islam and radical Muslims, Erdogan expanded his range to take aim at ...

Colombo, September 28 -  Sri Lanka, bested by China, came in second in terms of COVID-19 epidemic prevention measures, economic recovery and international cooperation, out of 108 countries surveyed by the Yicai Research Institute, part of China’s largest financial media group, Yicai Media Group. Nine out of the top 10 countries were in the Asia-Pacific region, namely South Korea, Sri ...

London, May 19 (Reuters) - Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report by the World Economic Forum showed on Tuesday. Two-thirds of the 347 respondents to the survey - carried out in response to the outbreak - put a lengthy contraction in the global economy top of their list of concerns ...

New Delhi/Islamabad, April 13 (Reuters) - India and Pakistan are planning to partially open up some parts of the economy, officials in the two countries said on Monday, as the costs of harsh lockdowns to limit the outbreak of the coronavirus mount across the region. Indian officials said the number of coronavirus cases in the country increased to 9,152 on ...