Big boost for young entrepreneurs as PM raises loan ceiling to Rs25m

Philippine economy slows more than expected in Q3, annual growth target in doubt

MANILA: The Philippine economy slowed for a fifth straight quarter in the July-September period, weighed down by weaker household and government spending and a contraction in agriculture, putting the country on course to miss its growth target for the year.

1h ago ·nst.com.my

Bangladesh's external debt increases almost threefold in decade

Bangladesh’s foreign debt has almost tripled in 10 years, a steeper rise than in any other South Asian country except the Maldives, according to the World Bank. Even so, the country has a lower debt burden relative to export earnings than Pakistan, Sri Lanka and Bhutan. However, its burden is higher than that of India and Nepal.

1h ago ·dawn.com

Egypt: Egypt Train Crash Leaves Several Dead, Over 100 Injured

[DW] A train derailed after colliding with another train south of Cairo, with authorities confirming several deaths and saying more than 100 passengers were injured. Over 50 ambulances were deployed to the scene.

• At least seven dead, over 100 injured in train collision south of Cairo
• Collision between two trains caused derailment and multiple overturned cars
• President el-Sissi ordered investigation, called for accountability

1h ago ·allafrica.com