Asia can lower rates to shield economy from tariff shock: IMF
Saturday, April 26, 2025
Indian steelmakers face inventory build-up despite increased domestic steel consumption due to a surge in steel imports, creating challenges for the industry. The steel ministry is actively monitoring the situation as inventory levels of 14 millio...
A new multi-storey bus depot in Sengkang West will be Singapore's first depot designed to support the large-scale deployment of electric buses, according to the Land Transport Authority (LTA). The five-storey depot is set to accommodate a fleet of...
Indonesia is set to increase its renewable energy capacity by an additional 90 megawatts (MW) by the end of the year, as three new geothermal power plants become operational. This marks a significant step in the country’s push towards clean energy...
Samsung Biologics, a worldwide contract development and manufacturing firm, has signed a $1.24 billion contract manufacturing agreement with an Asia-based pharmaceutical company—the biggest deal ever made with a single client...
Jindal Group announced the commissioning of a cement grinding unit with a capacity of 1.5 million tonnes per annum (MTPA) in Odisha, as part of its Rs 2,200 crore expansion plan. In a statement, the group revealed that its arm, Jindal Panther Ceme...
Eicher Motors' Royal Enfield, a prominent player in the automotive industry, has started its operations in Bangladesh by opening a main showroom in Dhaka and setting up a manufacturing facility. They have introduced a lineup of 350cc motorcycles...