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Future business expectations largely unchanged despite Omicron: Survey, United Kingdom
Though the impact of the Omicron variant remains highly uncertain, future business expectations also remained largely unchanged, as any concerns over disruptions caused by rising case numbers were
15 RMG units, 2 leather units in Bangladesh bag Green Factory Award, Bangladesh
Thirty establishments from six sectors in Bangladesh recently received the Green Factory Award 2020 in recognition of their contributions to protecting the environment and the job market. The award
World Bank projects 2.2% economic growth for Cambodia in 2021, Cambodia
The World Bank recently projected Cambodia’s economic growth at 2.2 per cent for 2021, impeded by slow growth in services. The traditional growth drivers—the garment, travel goods, footwear and
45.4% Vietnamese companies expect production to rise in 2022: Survey, Vietnam
As many as 45.4 per cent of businesses in a recent Vietnamese government survey said they expect their production to rise in the first quarter this year as compared to the fourth quarter of last
China-Laos railway line facilitates exports to 3 more countries, China
After setting up railway lines to far off locations including Europe and various countries in Asia, China recently started the China-Laos Railway line that runs 1,035 km, from the city of Kunming,
Vietnam-EU trade rises by 14.8% in 2021, Vietnam
Vietnam-EU trade rose by 14.8 per cent in 2021 to $63.6 billion despite the impact of the COVID-19 pandemic. According to the ministry of industry and trade, Vietnam exported $45.8 billion worth of
India’s cargo volume recovery trend continues: ICRA, India
In the first eight months of FY22, India’s cargo volumes hit almost pre-COVID levels, being 0.7 per cent lower than the same period in the last fiscal and with a YoY growth of 10.2 per cent. For the
Inflation in Vietnam to be under control in 2022 despite pressure, Vietnam
Despite pressure on inflation this year in Vietnam, it will be under control and the National Assembly's target of 4 per cent is still feasible, experts said at a seminar on market and pricing.
Investment to push China’s growth in 2022, but COVID uncertainty stays, China
China’s annual Central Economic Work Conference in December last year emphasised stability for a sound 2022 and ‘front-loaded’ policies to be taken to prop up growth. It also announced efforts to be
Uniform GST from Jan 1 could spell trouble for Indian textile MSMEs, India
The textile sector in India may witness some upheaval due to implementation of uniformity in GST structure from January 1, 2022. The increase in GST on finished products such as apparel will have
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