Showing 1 - 10 of 540
Japan's Honda and Nissan scrap merger talks
AFP, Published on 14/02/2025
» TOKYO - Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks that would have created the world's third-largest automaker by unit sales.
Thai businesses call for huge stimulus
Business, Post Reporters, Published on 09/12/2024
» The business sector is calling for multiple government stimulus measures, especially tax incentives and a household debt reduction scheme, to revive the economy and give the public a New Year's gift.
Candidates vying to lead economy out of crisis
News, Published on 21/09/2024
» Sri Lanka's upcoming presidential election has become a referendum on a US$3 billion (99.1 billion baht) International Monetary Fund loan programme that has helped to pull the island nation out of its worst economic crisis since independence. The contest pits the incumbent president, who negotiated the bailout, against the country's main opposition leader -- both members of the Sri Lankan political elite -- and a Marxist politician waging a populist campaign. The three have put contrasting views before voters over how to steer the South Asian nation past the crisis.
What makes a country really remarkable?
Oped, Published on 03/07/2024
» Great cities. That's a lesson the United Kingdom once knew well. Britain reached its imperial heights in the late 19th century in part because its municipalities were the world's most productive cities.
Thousands rally against far right in Germany
Published on 03/02/2024
» BERLIN - Around 120,000 people took to the streets of Berlin on Saturday in the fourth week of protests against the far-right Alternative for Germany (AfD).
Sri Lanka debt overhaul harms older women
Oped, Published on 26/01/2024
» The World Bank's Women, Business, and the Law Index has documented a persistent gender pension gap in rich and poor countries. This is partly because of gender-based legal disparities, such as lower mandatory retirement age for women and the lack of pension credit for periods of childcare. Because women have shorter working lives, earn less, and have a longer life expectancy than men, they often receive lower benefits, which must last longer. But the problem is most acute in low- and middle-income countries. Around two-thirds of the world's population aged 60 and older live in the developing world, and that share is projected to rise to 80% by 2050. And, as Sri Lanka's recent restructuring has shown, the mounting sovereign debt crisis threatens to erode retirement savings further, pushing even more older women into poverty.
Angry Qantas investors block executives' pay plan
AFP, Published on 03/11/2023
» MELBOURNE - Jeering Qantas shareholders voted down a pay package for the company's top brass Friday, as the outgoing chairman apologised for a public "loss of trust" in Australia's much-loved carrier.
Evergrande confirms police are watching chairman
Published on 28/09/2023
» HONG KONG - China Evergrande Group confirmed on Thursday that its chairman Hui Ka Yan had been subject to mandatory measures taken by Chinese police due to suspicion of “illegal crimes”.
Sri Lanka's dangerous debt crisis
Oped, Published on 20/09/2023
» More than a year after the mass protest movement known as the Aragalaya ousted Sri Lanka's President Gotabaya Rajapaksa and his brother, Prime Minister Mahinda Rajapaksa, Sri Lankans have once again taken to the streets.
Sri Lanka unveils debt restructuring plan
AFP, Published on 29/06/2023
» COLOMBO: Sri Lanka's central bank on Thursday unveiled a far-reaching domestic debt restructuring plan aimed at restoring stability after an economic and political crisis last year that led to the toppling of then-president Gotabaya Rajapaksa.