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Posts tagged as “largest”

China now 4th largest source of foreign loans in Bangladesh

by Jahangir Shah inProthom Alo, December 20, 2023China has become the fourth largest source of foreign loans in Bangladesh thanks to the latter’s growing interest. Japan, the World Bank, and the Asian Development Bank (ADB) now precede China in terms of loan disbursements. Currently, Bangladesh sources nearly 10 per cent of its total annual borrowings from China, with at least $1 billion disbursed annually over the last two years. Bangladesh has registered a surge in…

UML’s continued backing keeps Koshi coalition government afloat

Report in Kathmandu Post, Nov13, 2023The plan of the ruling parties to oust the CPN-UML from the Koshi provincial government while keeping the government intact seems to work as long as the largest party in the province continues its backing to the Kedar Karki-led government even after quitting his Cabinet. Forming the government for Karki, a dissident leader of the Nepali Congress, would not have been possible without UML’s support. On October 14, he became…

AL loses in its bastion

report in The Daily Star, May 26, 2023It all happened quietly. There were hardly any polling agents for Zaida Khatun. Even her supporters could barely be seen in the largest city corporation of the country. Even during the campaign, her posters were rarely seen..But in Gazipur City Corporation polls, Zaida has won defeating ruling Awami League mayor nominee Azmat Ullah Khan by 16,197 votes. Unofficial results show that Zaida bagged 2,38,934 votes while her nearest…

Risk of deflation, lacklustre consumption are red signals on China’s path to economic recovery

by Frank Tang in SCMP, Apr 15, 2023China’s falling producer prices and slowing consumer price rises have triggered warnings about the risk of deflation and inadequate demand, the latest red alerts for the world’s second-largest economy at a critical juncture in its post-pandemic recovery. The low-price environment puts Beijing’s policymakers in a much better position than their Western peers, who are busy dealing with high inflation and financial market turbulence, and allowed them to extend…