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Tag Archives: Asia

House stays rationalisation of Asian property board and NPART pending audit

Kampala, Uganda | THE INDEPENDENT | The rationalisation of the Non-Performing Assets Recovery Trust (NPART) and Departed Asians Property Custodian Board will only be concluded after an audit, Parliament has directed. On Tuesday, April 23, 2024, Parliament debated the Non-Performing Assets Recovery Trust (Amendment) Bill, 2024 that purposes to dissolve the …

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Italy vows to renew economic presence in Uganda

Rome, Italy | THE INDEPENDENT | Italy is embarking on a new era in its trade and investment relations with Uganda, with officials promising new and bigger investments in different sectors, especially agriculture, health and other sectors. This comes as the Italian Agricultural Machinery Manufacturers Federation (FederUnacoma), is in the final …

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Oil down in Asia after big gains last week

Singapore, Singapore | AFP | Oil prices were down in Asian trade Monday after big gains last week on signs of a demand revival as some governments ease coronavirus lockdown measures. US benchmark West Texas Intermediate (WTI) was down 2.95 percent to $24.01 a barrel in morning trade. International benchmark Brent was changing hands at …

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The Asian economic miracle

  Deepak Nayyar, the  Emeritus Professor of Economics, Jawaharlal Nehru University and Honorary Fellow, Balliol College, University of Oxford, explains how Asia transformed from the poorest continent in the world into a global economic powerhouse In 1820, Asia accounted for two-thirds of the world’s population and more than one-half of …

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Sprint legend Bolt hits first goals in football bid

Sydney, Australia | AFP | Sprint legend Usain Bolt made his case for becoming a professional footballer Friday when he scored his first goals after starting up front in a pre-season game for Australia’s Central Coast Mariners. The 100 metres world record-holder, who has been bidding for a professional contract …

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Bolt looking to his first football start in Sydney

Sydney, Australia | AFP | Sprint superstar Usain Bolt looks set to make his first start as a professional footballer Friday, a challenge he said could determine if he has a future in the sport of his boyhood dreams. Bolt said the coach of his Central Coast Mariners, Mike Mulvey, had …

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