Japan s GDP grew at 0.4 per cent YoY in Q4 2023, avoiding a technical recession and better than the 0.4-per cent drop estimated earlier.
GDP grew at 0.1 per cent quarter-on-quarter.
Increasing demand for fabrics, yarns, chemicals, dyes, and machinery has led to China becoming Bangladesh s largest supplier.
Bangladesh imports nearly $20 billion worth.
Global shipping profits to rise with increased freight rates due to Red Sea disruptions, as per Fitch Ratings. Suez Canal diversions spike rates by 151 per cent, aiding short-term.
Research carried out by IPS found SLFTA will give boost to exports from Sri Lanka.
Dr. Asanka Wijesinghe of IPS suggested FTAs could be strategic tool to engage in targeted.
In 2023, US GDP surged to 2.5 per cent, contrasting with a Eurozone slowdown to 0.5 per cent and UK growth at 0.1 per cent.
Fourth-quarter data emphasised US strength versus.