Attracting Data Centre Investments Costly Affair for South Asia: World Bank

Chennai: Data centres can push up energy prices in South Asia. Infrastructure quality and governance also put South Asia at a disadvantage relative to advanced economies. Resource endowment, infrastructure and institutional gaps suggest that it would be …

How many years do people live across South Asia?

South Asia’s strong growth defies global headwinds

WASHINGTON: Exceeding earlier projections, growth in South Asia is expected to increase to 6.9% this year, with strong domestic demand keeping the region resilient to global shocks, according to the World Bank Group’s twice-yearly regional outlook. …

GT Voice: South Korea's space endeavors draw rising attention from Asia

A view of Seoul, South Korea's capital city, in Autumn Photo: VCG South Korea launched its homegrown Nuri rocket for a fifth time on Wednesday, sending a record of 15 satellites into orbit, the Yonhap News Agency reported. The launch was Nuri's …

Unforgettable Travel Company launches agent-first Asia specialist following 226% surge in demand

Unforgettable Travel Company has today launched Unforgettable Asia (unforgettableasia.com), a new luxury Asia specialist designed to make complex travel across the region easier to sell for agents. Launching with 11 destinations and 50 itineraries, …

Unforgettable Travel Company brings out dedicated Asia brand

Unforgettable Travel Company has brought out a dedicated Asia brand as it looks to further deepen ties with travel agents.   Unforgettable Asia, which sits alongside the group’s other brands Unforgettable Travel, Unforgettable Croatia, Unforgettable Greece …

Mubadala to maintain annual investment of $39bn with Asia in focus

Abu Dhabi sovereign wealth fund Mubadala Investment Company plans to maintain annual investment of $39 billion with a focus on Asia, its chief financial officer said on Wednesday. “Last year, we invested about $39 billion, which is roughly 10 per cent of …

Golden Week and Suez routing changes affect Asia freight schedules

Ocean, air, and inland freight networks across Asia are undergoing schedule and routing changes as China's Golden Week ends and cargo activity moves into Q4. Ocean sailing schedules on some East-West trades have been adjusted during the Golden Week …

South Africa’s table grape supply outpaces global demand

South Africa remains one of the world’s leading suppliers of fresh table grapes, with the industry producing more fruit from a gradually shrinking vineyard footprint as improved cultivars and production practices lift productivity. Image: South African …

Asia casualty insurers face rising claims costs

Claims can remain unresolved for 4 to 8 years and sometimes 20 years or longer. Asia’s casualty insurance market has room to expand as insurance penetration remains low, but insurers face rising claims costs, long settlement periods, and emerging liability …