KARACHI: The persistent increase in the cases of coronavirus pandemic has badly affected the entire business chain of Pakistan, especially the Micro, Small and Medium-sized Enterprises (MSMEs), resulting in an economic crisis-like situation in the country. Most of the enterprises are facing various issues with a certain degree of losses, including decrease in the demand-supply … Read more
JAKARTA: The entry into force of the Regional Comprehensive Economic Partnership (RCEP) agreement will open up opportunities to catalyse the expansion of regional trade and investment much needed for economic recovery, amid Covid-19, Association of Southeast Asian Nations (Asean) secretary general Dato Lim Jock Hoi said. The Asean Secretariat announced in November that the RCEP … Read more
BEIJING: Government procurement in China rose 11.8 per cent last year as it played an increasing role in supporting economic and social development, showed data from the Ministry of Finance (MoF). The value of national government procurement reached 3.7 trillion yuan (about $572.5 billion) in 2020, the MoF data showed. The amount accounted for 10.2 … Read more
