The Jumbo Floating Restaurant was hauled out of Aberdeen Harbour in Hong Kong. Losses had been increasing for years before the epidemic inflicted a devastating blow. Comes after several years of unrest, including large-scale pro-democracy demonstrations. The Jumbo Floating Restaurant was hauled out of Aberdeen Harbour in Hong Kong on a foggy day in June. … Read more
A woman had high hopes that the Ukraine crisis resolved soon. A video posted on social media from the country’s capital, Kyiv, provides residents with a dismal ray of optimism. There has been no hint of de-escalation in the 43 days since Russia invaded Ukraine. Thousands of women and children have left the war-torn country, … Read more
WASHINGTON: The start of a new year is often a time to reflect and reassess. As the pandemic stretches into its third year, apprehension over the health crisis and the associated economic uncertainties is proving hard to shake. So, for anyone hoping to restore their sense of optimism, I have a simple recommendation: Consider Africa … Read more
BANGKOK – Thailand’s manufacturing sector contracted in December 2021 due to lackluster demand amid a slow economic recovery, a survey showed Tuesday. The country’s manufacturing Purchasing Managers’ Index (PMI) fell to 49.5 in December from 50.6 in November, a signal of a deterioration in the health of the country’s manufacturing sector, according to the IHS … Read more
Optimism runs high: The upcoming Federal Budget 2021/22 is likely to target economic growth and structural reforms, analysts said on Tuesday. The federal government is scheduled to announce the budget on June 11. “We expect the budget to remain accommodative and should target economic growth and sound structural reforms side-by-side,” analysts at Insight Securities said. … Read more
