Economy – Page 161 – Asian News from UK

Massive container ship freed from Suez Canal

The high tide on Sunday night helped to free the ship, reports Asian Lite News. A massive container ship which had blocked the Suez Canal since March 23 has been freed and

March 30, 2021

-Top News·Economy

World GDP to rebound if vax rollout fast

Economic recovery dependent on pace of vaccination The OECD projected the US economy to grow at 6.5 per cent in 2021 thanks to “significant fiscal stimulus along with faster vaccination”…reports Asian Lite

March 10, 2021

Business·Economy·World News

Sunak warns of taxing times ahead

Says he is increasing business tax and freezing income tax thresholds in a bid to repair the UK’s damaged economy, reports Asian Lite News Chancellor Rishi Sunak pledged additional £65 billion to

March 4, 2021

Economy·UK News

Darlington is the new ‘Treasury North’

Soon, the new economic campus in Darlington will house 750 officials from ministries including the departments for business, transport and local government, reports Asian Lite News UK chancellor of Exchequer Rishi Sunak

March 4, 2021

Economy·UK News

UK economy hits 300 year low

The pandemic has effectively wiped out all growth in UK over the last seven years, returning the economy close to the size it was in 2013, reports Asian Lite News The UK

February 13, 2021

-Top News·Economy·UK News

Biggest decline: Malaysia’s GDP shrinks by 5.6%

Malaysia’s GDP contracted 3.4 per cent year-on-year in the fourth quarter of last year, rendering a 5.6 per cent drop for 2020, the biggest decline since the last 23 years, the country’s

February 11, 2021

-Top News·Asia News·Economy

Mexico’s economy rebounds to growth

Mexico’s economy could grow as much as 5 per cent in 2021 as it recovers from the impact of the coronavirus pandemic, President Andres Manuel Lopez Obrador said. In his first public

February 9, 2021

-Top News·Economy·USA

Myanmar dismisses rumours about Demonetisation

Myanmar’s State Administration Council has announced that the citizens can continue the use of 5,000 and 10,000 kyat notes, while denying rumours of demonitisation of banknotes. In a statement on Wednesday, the

February 4, 2021

-Top News·Asia News·Economy

Phones may get expensive as custom duty hikes

Finance Minister Nirmala Sitharaman, during her Union Budget 2021-22 speech, said that withdrawing exemptions on parts of chargers and mobile phones will boost local manufacturing of smartphones….reports Asian Lite News In another

February 1, 2021

-Top News·Economy·India News

Bihar CM terms Budget 2021 as ‘balanced’

Bihar Chief Minister Nitish Kumar has welcomed the Union Budget presented on Monday by Union Finance Minister Nirmala Sitharaman, describing it as a “balanced” Budget. Nitish reacted to the Union Budget saying,

February 1, 2021

Economy·India News

Economy - Page 161