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Time of India
3 days ago
- Business
- Time of India
India's goods exports likely to face headwinds in fiscal 2026: CRISIL
Ratings firm CRISIL said that India's goods exports are likely to face some headwinds in fiscal 2026, as reciprocal tariffs imposed by the US are seen to aggravate this. With the tariff hikes expected to come into effect from August, India and the US are negotiating on a bilateral trade agreement and a key monitorable, the report said. Explore courses from Top Institutes in Select a Course Category Leadership Public Policy Healthcare Product Management Cybersecurity Finance others Others Design Thinking Data Science healthcare Degree Data Analytics MCA Digital Marketing Management Data Science Artificial Intelligence PGDM MBA Technology Project Management Operations Management CXO Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details The World Trade Organisation forecasts a 0.2 per cent decline in the volume of merchandise trade in 2025 compared to 2.9 per cent in 2024. The report said global growth is expected to slow down to 2.9 per cent in 2025 from 3.3 per cent. Growth in the US, India's largest export destination, is projected to slow to 1.7 per cent from 2.8 per cent. Live Events Accordingly, India's merchandise trade is expected to come under pressure this fiscal. However, the current account deficit (CAD) is expected to stay in the safe zone at 1.3 per cent of the GDP in the current financial year. The surplus in services trade, a robust flow of remittances is expected to cushion the CAD, the report added.
Business Wire
4 days ago
- Business
- Business Wire
TBC Uzbekistan Recognized Among World's Top Fintechs by CNBC and Statista
TASHKENT, Uzbekistan--(BUSINESS WIRE)--TBC Uzbekistan, the leading digital banking ecosystem in Central Asia and part of London-listed TBC Bank Group, announces that it has been recognized as one the world's top fintechs in the neobanking category. TBC Uzbekistan is the first and only business from Uzbekistan and the wider Central Asia region to receive this accolade. The World's Top Fintech Companies list, compiled by CNBC and Statista, is an important benchmark for the fintech industry. It is based on an in-depth analysis of key performance indicators (KPIs), such as revenue, profitability and other financial metrics, as well as number of customers, loan and deposit portfolio growth, transaction volume, market share, and staffing data. TBC Uzbekistan's ecosystem reached 19.7 million users and includes TBC UZ, the country's largest digital bank, digital payments app Payme, BNPL business Payme Nasiya and TBC Insurance. It was included in the world's top fintechs list in the neobanking category, reflecting the digital banking powerhouse's rapid growth and high profitability, as well as its commitment to bringing best-in-class, fully digital financial services to Central Asia's most populous nation. Nika Kurdiani, CEO of TBC Uzbekistan, commented: 'It is a real honour for TBC to become the first and only business from Uzbekistan and Central Asia included in The World's Top Fintech Companies list of 2025. We are grateful that the rapid, profitable growth we continue to achieve in the country, while staying committed to innovation, has not gone unnoticed by the international community. Uzbekistan is one of the most exciting, high-growth markets for digital financial services globally, and we are proud to be leading the way consistently raising the bar for innovative financial services in the country. Being recognized by CNBC and Statista stands testament to both TBC's success in Uzbekistan to date and the country's overall development - but this is just the beginning, as we continue to diversify our product offering and build out our ecosystem.' TBC Uzbekistan continues to expand its offering as it further builds out a comprehensive digital ecosystem for all its users' financial and lifestyle needs. Over the past year, it has launched and scaled a wide range of new products, including Salom Card, its flagship debit card and daily banking product, Osmon Credit Card, TBC Business banking and lending, as well as TBC Insurance. In June 2025, TBC Uzbekistan also announced the acquisition of a majority stake in BILLZ, the country's leading retail SaaS management platform, to enhance its reach into the strategically important SME segment.
AsiaOne
4 days ago
- Entertainment
- AsiaOne
Asia's 50 Best Bars 2025: 5 Singapore bars make the list, a drop from last year's 11, Lifestyle News
The results of Asia's 50 Best Bars 2025 are out, and while several of our local bars have done us proud once again, the number of Singapore-based establishments on the list this year has dropped compared to last year's. In 2024, Singapore had 11 bars listed while this year saw five making the cut. During the awards ceremony in Macau on Tuesday (July 15), it was announced that Jigger & Pony, located in Amara Singapore, had retained its position at No. 3 on the list for the second year running. The other four bars that made the top 50 are Offtrack at No. 23, which moved up from No. 25 last year; Nutmeg & Clove at No. 24, which dropped from No. 6; Cat Bite Club at No. 44, which moved up from No. 77; and finally, Native at No. 45, a drop from No. 31. Five of the bars that were on Asia's 50 Best Bars 2024 list have dropped to the extended 51 to 100 list. These are Sago House at No. 56 (from No. 15), Origin Bar at No. 60 (from No. 32), Night Hawk at No. 77 (from No. 16), Employees Only at No. 89 (from No. 38) and Fura at No. 95 (from No. 42). Atlas, which was ranked No. 49 last year, was not on the top 50 or extended 51 to 100 list. The remaining Singapore bar on the extended 51 to 100 list is Side Door at No. 53. Last year, Singapore had eight bars on the extended 51 to 100 list, and this year, we have six. Hong Kong's Bar Leone at No. 1 Topping the Asia's 50 Best Bars 2025 list is Bar Leone, which hails from Hong Kong. Other bars at in the top five are Zest from Seoul (No. 2), Bar Us from Bangkok (No. 4) and Dry Wave Cocktail Studio (No. 5), which also is from Bangkok. With seven bars listed, Bangkok has the most bars in the top 50. Hong Kong follows closely with six bars on the list. The Asia's 50 Best Bars list is organised by UK-based media group William Reed and is the regional edition of The World's 50 Best Bars. The annual rankings are decided by votes from the Asia's 50 Best Bars Academy. The full list can be seen on The World's 50 Best website. Next up is The World's 50 Best Bars awards, which will take place in Hong Kong on Oct 8.
Time of India
4 days ago
- Business
- Time of India
50 Best Bars in Asia in 2025 revealed; New Delhi breaks into top 10 while Bengaluru's three bars say cheers
Bar Leone in Hong Kong has retained its crown as Asia's best bar for 2025, and Indians don't lose heart as a bar from New Delhi has stormed into the top 10 list. The 50 Best list is compiled by more than 300 anonymous voters across 14 territories in Asia. It is part of the World's 50 Best franchise run by UK-based William Reed Business Media Ltd. The World's 50 Best Restaurants began in 2002, followed by The World's 50 Best Bars in 2009 and Asia's 50 Best Bars in 2016. William Reed acquired the bars rankings in 2017. This year's list includes bars from 20 cities, with 20 new entries and two re-entries. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Could Be the Best Time to Trade Gold in 5 Years IC Markets Learn More Undo 5 best bars in Asia Adjudged the best bar in Asia 2025, Bar Leone , Hong Kong, might seem like a run-of-the-mill transplant of a Roman aperitivo hangout, but to brand it as such would be a disservice. Armed with a simple aim to serve up "cocktails for the people," speed, simplicity and consistency are central to the Leone operation, with drinks such as the Filthy Martini – created with smoked olive brine – and the now-emblematic mortadella focaccia. Live Events In 2024, Bar Leone made 50 Best Bars history as the first-ever establishment to debut on the list in the No.1 position. In 2025, it holds onto its title as both The Best Bar in Hong Kong and The Best Bar in Asia, sponsored by Perrier. The second spot was occupied by Zest , Seoul, which is also adjudged as the best bar in Korea. Led by a quadruple of Korean bar heavyweights, Zest's compact cocktail list majors on myriad local ingredients in cocktails like Jeju Garibaldi, crafted with speciality regional oranges and Gujwa village carrots. Jigger & Pony from Singapore was ranked third in the list of Asia's best bars and it was also adjudged to be The Best Bar in Singapore 2025. From humble origins on Amoy Street to its now sumptuous digs at the Amara Hotel, Jigger & Pony has been a staple of the Asian bar scene, having featured in the top 10 of the last seven rankings of Asia's 50 Best Bars. In fact, the top three of Asia's 50 Best Bars remained unchanged. It was a momentous night for Bar Leone, the Italian-vibed spot that shook up the drinks world in 2024 when it debuted at the top of the list — barely over a year after opening. In the process, it dethroned Hong Kong's Coa, which held the coveted distinction for three consecutive years. Bar Us and new entrant Dry Wave Cocktail Studio , both from Bangkok, took the fourth and fifth ranks, respectively. Bar Us won the award for The Best Bar in Thailand 2025. With an almost all-black interior, theatrical spotlights and a team dressed in clinical white lab coats, visitors would be forgiven for thinking they'd entered an experimental laboratory rather than a bar. Bar Us looks to fine dining as inspiration for its drinks programme, with the menu split into starters, mains, afters and an all-night portion featuring twists on classics. Though Hong Kong brought home the highest honours, Bangkok made a strong showing with seven spots in the top 50, including the debut of Dry Wave Cocktail Studio at No. 5, right behind neighbouring Bar Us, which jumped up from No. 21 last year. Best bars in Asia from India There was also notable representation from India: New Delhi's Lair, also a new entry, came in at eighth place as the country's best bar, and was joined on the list by Soka (28), Boilermaker (30), ZLB23 (31) and Bar Spirit Forward (37). No.8 Lair , located in the heart of New Delhi, is a modern speakeasy inspired by secretive 1920s prohibition-era bars, where moonshine and craftsmanship reigned supreme. The bar offers a perfect environment for relaxed conversations and immersive drinking experiences, with dim lighting and earthy décor that heighten the sensory experience. Soka from Bengaluru is dedicated to delivering stories of its home city in liquid form. The bijou space is designed to feel like an intimate izakaya – perfectly crafted to hide away in for a few hours as you taste cocktails inspired by the surrounding locale. Take The Mofo Don, for instance – a spicy tequila concoction with a pink hue from red cabbage and a cilantro-sprinkled rim and a playful homage to the bar's cabbage vendor. Boilermaker , which ranked 30 in Asia's best 50 bars list, is brainchild of craft beer entrepreneur Nakul Bhonsle and renowned mixologist Pankaj Balachandran, the dynamic duo created Boilermaker to answer criticism that Goa's bar scene had started to lose its soul. Beyond a stellar lineup of beer, expect cocktails shaken with local flavours and a food menu of reimagined Goan bar bites. Following Soka immediately is the 31st ranked ZLB23 , again from Bengaluru. ZLB23 is an exclusive underground den with boisterous live jazz, red velvet in surplus and a remarkable drinks programme that injects classics with Japanese influences. Another new entry and from Bengaluru, Bar Spirit Forward took the 37th rank in the list of Asia's best bars. Bar Spirit Forward is built for cocktail enthusiasts who appreciate craft, clarity and context in their drinks. Sink into a plush leather chair and soak in the warm, lounge-like vibe as you browse an inventive cocktail menu replete with thoughtful ingredients. A Carroll-like climb Separately, Seoul's Alice snagged the highest climber award, making the greatest rise from last year's ranking at 46th place to 13th. Locating this hidden cocktail den inspired by the Lewis Carroll literary classic is just the first step of the adventure. Those who succeed are rewarded with a bar that serves up suitably imaginative and seasonally varied creations inspired by Carroll's timeless masterpiece. Jumping 33 places from its 2024 ranking, Alice takes home the Nikka Highest Climber Award 2025. List of 50 Best Bars in Asia in 2025 2025 Rank Bar Name City 2024 Rank New Entry 1 Bar Leone Hong Kong 1 2 Zest Seoul 2 3 Jigger & Pony Singapore 3 4 Bar Us Bangkok 21 5 567 ∞ 0 Bangkok — * 6 Dry Wave Cocktail Studio Bangkok — * 7 Lair New Delhi — * 8 Bar Cham Seoul — * 9 Hope & Sesame Guangzhou — 10 Bar Benfiddich Tokyo — 11 Penrose Kuala Lumpur — 12 Argo Hong Kong 5 13 Modernhaus Jakarta — * 14 Alice Seoul 46 15 Smoke & Bitters Hiriketiya, Sri Lanka 29 16 Three X Co Kuala Lumpur — 17 CMYK Changsha, China — 18 Coa Hong Kong 88 19 Virtù Tokyo 43 20 BKK Social Club Bangkok 4 21 Vender Taichung, Taiwan 11 22 MO Bar Shenzhen 7 * 23 The St. Regis Bar Jakarta 30 * 24 Offtrack Singapore 25 25 Nutmeg & Clove Singapore 6 26 Bloomberg — 24 27 Yakoboku Kumamoto, Japan 29 28 G.O.D Bangkok — 29 Penicillin Hong Kong — 30 Soka Bengaluru — * 31 Vesper Bangkok 13 32 Boilermaker Goa — * 33 ZLB23 Bengaluru 40 34 The Savory Project Hong Kong 19 35 Gokan Hong Kong — * 36 Carrots Bar Jakarta — * 37 Barc Kathmandu, Nepal 39 38 Punch Room Tokyo Tokyo — * 39 Bar Spirit Forward Bengaluru — * 40 Cosmo Pony Jakarta — * 41 Bar Trigona Kuala Lumpur 36 42 The Public House Taipei 44 43 Opium Bangkok — * 44 To Infinity & Beyond Taipei — * 45 Moonrock Tainan, Taiwan — * 46 Cat Bite Club Singapore — * 47 Native Singapore 31 48 Lamp Bar Nara, Japan — 49 Reka Kuala Lumpur 41 50 Bar Sathorn Bangkok — * 51 Bar Libre Tokyo — * 52 Le Chamber Seoul 48
Straits Times
5 days ago
- Business
- Straits Times
Asia's 50 Best Bars 2025: 5 Singapore bars make the list, with Jigger & Pony at No. 3
Find out what's new on ST website and app. Singapore's Jigger & Pony retained its spot as Asia's No. 3 bar for the second year. SINGAPORE – Five Singapore bars have made the Asia's 50 Best Bars list for 2025. Jigger & Pony at Amara Hotel is the island's top-ranked entrant in 2025 at No. 3, for the second year running. During the awards ceremony in Macau on July 16, Hong Kong's Bar Leone was awarded the top spot, also for the second year running. Opened in early 2023, the casual Italian-inspired watering hole in Hong Kong's bustling Central neighbourhood was the first bar in the history of the Best Bars rankings to hit the number one spot in its debut year. Asia's No. 2 bar in 2024, Zest, has also remained in the same spot for 2025. Singapore's other entrants are Offtrack at No. 23 (from No. 25), Nutmeg & Clove at No. 24 (from No. 6), Cat Bite Club at No. 44 (from No. 77) and Native at No. 45 (from No. 31). Atlas at Parkview Square, which was ranked No. 49 in 2024, was nowhere to be seen in either the top 50 or 51-100 rankings that were announced on July 3 . The six Singapore bars on that list include five that were on the top 50 list in 2024: Sago House (No. 56), Origin Bar (No. 60), Night Hawk (No. 77), Employees Only (No. 89) and Fura (No. 42). Top stories Swipe. Select. Stay informed. Singapore Las Vegas Sands' new development part of S'pore's broader, more ambitious transformation: PM Wong Singapore Current economic headwinds do not dampen outlook for new MBS building: Las Vegas Sands president Business MAS records net profit of $19.7 billion, fuelled by investment gains Singapore $3b money laundering case: MinLaw acts against 4 law firms and 1 lawyer over seized properties Singapore Man charged with attempted murder of woman at Kallang Wave Mall Singapore Ex-cleaner jailed over safety lapses linked to guard's death near 1-Altitude rooftop bar Singapore Singapore CDL's long-time director Phillip Yeo to depart after boardroom feud Singapore 'Nobody deserves to be alone': Why Mummy and Acha have fostered over 20 children in the past 22 years The sixth is Side Door, a new entry and Singapore's highest on the 51-100 ranking at No. 53. Bangkok has the most bars in the top 50 ranking out of any Asian city, with seven venues: Bar Us (No. 4), Dry Wave Cocktail Studio (No. 5), BKK Social Club (No. 19), G.O.D (No. 26), Vesper (No. 29), Opium (No. 43) and Bar Sathorn (No. 48). The Asia's 50 Best Bars list is based on votes by Asia's 50 Best Bars Academy – a group of 265 regional industry professionals including bartenders, bar owners, drinks writers, educators and cocktail aficionados. It is organised by William Reed, which also manages The World's 50 Best Bars and The World's 50 Best Restaurants accolades. Next up is the World's 50 Best Bars awards, which will take place in Hong Kong on Oct 8. Top 10 bars in Asia's 50 Best Bars 2025
