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‘1 billion Asians to join global middle class by 2030’

Bloomberg More than 1 billion Asians are set to join the global middle class by 2030, according to a new study that predicts the pandemic will prove just a temporary pause in the world economy’s great demographic shift. The middle class — households where per-capita spending is between $11 and $110 a day — amounts to some 3.75 billion people ...

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Mikati’s M1 to invest $33m after buying Telenor Myanmar

Bloomberg Lebanese investment firm M1 Group pledged to spend $330 million over the next three years to expand the Myanmar telecom business it’s buying from Norway’s Telenor ASA, bucking moves by many international investors to exit the Southeast Asian nation after the military seized power in February. The funds will be used for network expansion, broadband infrastructure and services, M1 ...

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Taliban say international flights from Afghanistan to start soon

Bloomberg The Taliban said international flights from Afghanistan will resume shortly as Qatar and Turkey help restart operations at Kabul airport and the group has complete control over the country with the last pocket of resistance in the north now defeated. “Domestic flights have already started and we’re waiting to hear when we can start overseas flights,” Taliban spokesman Zabihullah ...

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