A Piramal Pharma lab in Mumbai: Indian companies are investing aggressively to expand their capabilities and offerings into more complex and high-value product lines.
Opinion

India can be a real alternative to China in pharmaceuticals

Dependence on imported ingredients and quality assurance are being addressed

14 May 2024
Bangladesh's central bank has been struggling to tame the country's high inflation.
Economy

Bangladesh acts to tame inflation as IMF pledges $1.1bn loan

South Asian nation to let currency and lending rates heed market forces

13 May 2024
Currency analysts are focused on the U.S. consumer price index for April due Wednesday after the previous month’s data caused the yen to tumble. (Source photos by Hiroshi Tamehiro and Akira Kodaka)
Market Spotlight

Mighty dollar pushes Asian governments to boost currency protection

Asian monetary officials seek to buy time until the U.S. economy slows down

13 May 2024
Singapore's new leader, currently Deputy Prime Minister Lawrence Wong, speaks to media on April 16. 
Your Week in Asia

Wong takes helm in Singapore, Japan economy data, Australia budget

Your weekly lineup of Asia's biggest business and political events

12 May 2024
An auto parts factory in the Indian state of Rajasthan on April 29. India is becoming a more important link in global supply chains. (Photo by Shinya Sawai)
Supply Chain

India and ASEAN rise in supply chain priority, global survey shows

Poll of 150 executives suggests China and U.S. remain vital for businesses

9 May 2024
An Indian-Russian joint venture has won a 30-year contract to manage Mattala Rajapaksa International Airport, built with Chinese funding and called the world's emptiest airport, in southern Sri Lanka. 
International relations

Sri Lanka turns to India as counterbalance to Chinese presence

Vital power, port, airport projects involve neighbor as Asian rivals focus on Indian Ocean

9 May 2024
Filling up at a petrol station in Karachi, the Pakistani commercial capital. Pakistan receives millions of barrels of smuggled Iranian finished petroleum products annually.
International relations

Iran smuggles $1bn worth of fuel into Pakistan annually: report

Traders sneak petrol and diesel across border in corruption-riddled trade

7 May 2024
"Not enough time, not enough support": Uzbekistan, a landlocked country slightly bigger than California, is facing the consequences of a history of poor irrigation, with rising salinity slashing the size of usable growing areas.
Asia Insight

Uzbek farmers battle to save cotton, wheat crops from mortal enemy: salt

Growing salinization crisis bites as cotton exports to Bangladesh skid 80% in 5 years

7 May 2024
Laos' weakening currency threatens faster food price inflation. (Photo by Kenya Akama)
Economy

Laos, other debt-laden Asia-Pacific nations under pressure from strong dollar

ADB boosts funding for vulnerable countries amid debt trap fears

7 May 2024
A woman tries to cool down in the Philippines in April 2024. People around Asia should expect more scorching weather as the year unfolds. 
Climate Change

Asia braces for more extreme weather like 2023, world's hottest year

Health fallout set to worsen as severe heat, dryness and rain have already hit region

6 May 2024
The Bombay Stock Exchange in Mumbai. The Sensex stock index rose above 75,000 for the first time in April.
Markets

India stock rally signals confidence in Modi's growth agenda

Sensex index hits record highs heading into marathon election

3 May 2024
MDH and Everest are among the biggest packaged spice manufacturers in India. 
Food & Beverage

Indian spice makers under heat in Asia for alleged contamination

Australia, New Zealand, U.S. on alert after Hong Kong, Singapore recalled products

2 May 2024
Political veteran Ishaq Dar has become Pakistan's first deputy prime minister since 2013.
Politics

Pakistan appoints Ishaq Dar, close aide of elder Sharif, as deputy PM

First deputy in over a decade takes reins amid rift in ruling party

1 May 2024
Gold represents three-quarters of India's imports from European Free Trade Association nations.
Opinion

New European trade pact marks a milestone for India

Agreement provides model for aligning trade and foreign direct investment

30 April 2024
Taiwanese on March 18, 2024 commemorate the Sunflower Movement, which has left a deep impression on the island's political life that will be felt by President-elect Lai Ching-te, set to be inaugurated May 20. (Photo by EPA=Jiji)
Asia Insight

Taiwan's Sunflower protest legacy looms large for incoming president Lai

New generations build pressure for change 10 years after movement paved way for DPP wins

30 April 2024
Pakistani Prime Minister Shehbaz Sharif, right, walks with Iranian President Ebrahim Raisi in Islamabad on April 22. (prime minister's office handout via Reuters)
International relations

Pakistan and Iran agree to boost trade, but Washington casts long shadow

Sanction fears could make it tough for neighbors to expand bilateral business

25 April 2024
Pakistan needs to repay $75 billion in debt over the next three years, according to Lahore-based capital markets expert Abdul Rehman.
Economy

Pakistan bargains hard for larger IMF deal of up to $8bn

Struggling country must reform economy to survive, even after approval

22 April 2024
A Filipino soldier practices holding a weapon as part of annual US-Philippines joint military exercises held in April 2023.
Your Week in Asia

Philippine-U.S. drills, South Korea GDP, Beijing revives auto show

Your weekly lineup of Asia's biggest business and political events

21 April 2024
A New Delhi auto show in February. India already surpassed Japan in domestic car sales in 2022. (Photo by Ryosuke Hanada)
Economy

India to surpass Japan as 4th-largest economy in 2025, IMF says

Latest estimate shows weak yen hastening reversal by a year

21 April 2024
Sri Lankan capital Colombo. The nation has failed to strike an agreement with international bondholders on restructuring about $12 billion in debt.
Sri Lanka crisis

Uncertainty looms over Sri Lanka as debt restructuring talks hit snag

Upcoming presidential election ramps up pressure to accelerate negotiations

20 April 2024
Holiday revelers in Mumbai. India is forecast to grow at 6.8% this year -- the fastest pace of any major economy.
Economy

Asia to drive 60% of global GDP growth in 2024, led by India: IMF

U.S. monetary policy and geoeconomic fragmentation pose external risks

19 April 2024
Sojitz has signed a $290 million contract with Jakarta Mass Rapid Transit to extend the Indonesian capital's subway system. (Photo by Ken Kobayashi)
Transportation

Indonesia awards Jakarta MRT extension project to Japan's Sojitz

Trading house to work with India's L&T on the $290m construction

18 April 2024
Supporters of former Prime Minister Imran Khan's party and others demand free and fair results of the elections on Feb. 11 in Karachi. More recently Khan's PTI allied with five other opposition parties and now expects to speak with a louder voice.
Politics

Pakistan opposition forms six-way alliance to challenge government

With economy bringing consumer pain, anti-government campaign could accelerate

16 April 2024
Indian Prime Minister Narendra Modi, center, wearing a saffron cap, on the election campaign trail near Delhi on April 6. He is aiming for a third-straight term as head of the world's biggest democracy.
Your Week in Asia

India votes, China GDP and Germany's Scholz meets Xi in Beijing

Your weekly lineup of Asia's biggest business and political events

14 April 2024
Indian commuters outside New Delhi: Even with recent urbanization, only about 35% of the country's population lives in cities.
Opinion

India's economy can overtake China's if it can stay on track

But complacency toward reform and trade links could haunt New Delhi

12 April 2024