Asia: The power of connections and their consequences

In our recent book, “The Connections World: The Future of Asia”, published by Cambridge University Press in October 2022, we argue that mutually beneficial links between dynastic business houses and political elites have been important drivers behind Asia’s extraordinary renaissance. Yet, these close ties now threaten future economic growth. That is

UBL wins ‘Asia’s best employer brands 2022’

Unilever Bangladesh Limited (UBL) has been awarded the ‘Asia’s Best Employer Brands 2022’ by World HRD Congress, a press release said Wednesday. The World HRD Congress has brought together thousands of professionals from over 133 countries and is one of the largest rendezvous for HR professionals globally. The 13th Edition

Oil prices extend losses in Asia, equities rise

Oil prices extended losses Tuesday after weak US and Chinese data reinforced recession expectations, though equities won support from hopes the figures will allow central banks to temper their pace of interest rate hikes. Stock traders tracked a Wall Street advance led by tech firms thanks to an increase in

13th Asia Pharma Expo begins in Dhaka

The country’s largest international expo on the pharmaceutical industry, Asia Pharma Expo-2022, began Thursday at the International Convention City, Bashundhara, Dhaka, a press release said Thursday. Bangladesh Association of Pharmaceuticals Industries (BAPI) and GPE Expo Private Limited jointly organized the event.  The three-day exhibition showcases the latest pharmaceutical equipment, technologies, products and

Asia, Pacific must avoid K-shaped recovery: UN report

The Asia-Pacific region needs large, yet attainable, investments in resilience to protect development gains amid a fragile and inequitable post-COVID-19 economic recovery, says a report released on Tuesday.  The report was released by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in Bangkok.  The  Economic and Social

Japan, US to share China worry as ministers meet in Tokyo

Japan and the United States joined forces Tuesday to criticize China's “coercion and aggression" in Asia as senior ministers from both countries held their first in-person talks since President Joe Biden took office in January. Aside from the sharp rhetoric aimed at Beijing, the meeting in Tokyo and a planned stop