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Xinhua Asia-Pacific news summary at 1600 GMT, Sept. 11

0 Comment(s)Print E-mail Xinhua, September 12, 2024
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VIENTIANE -- Many parts of Laos' northern region have been affected by flooding and landslides, causing significant damage and leaving many residents stranded and severely affected.

Tropical storm Yagi has brought prolonged heavy rainfall, particularly impacting northern provinces, with Luang Namtha among the worst-affected areas. (Laos-Floods-Landslides-Impact)

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DHAKA -- The central bank of Bangladesh has formed a task force aimed at reforming the struggling banking sector in the South Asian country.

The Bangladesh Bank on Wednesday issued a notification regarding the formation of a six-member task force for ensuring financial stability in the banking sector. (Bangladesh-Banking)

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HANOI -- As of Wednesday afternoon, Typhoon Yagi and the consequent landslides and floods have left 179 dead and 145 missing in Vietnam, the Ministry of Agriculture and Rural Development announced. (Typhoon Yagi-Vietnam)

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SEOUL -- South Korea's tech behemoth Samsung Electronics planned to cut its overseas staff by up to 30 percent at some divisions, Reuters reported Wednesday citing unidentified sources.

Samsung's overseas subsidiaries had been instructed to curtail sales and marketing staff by about 15 percent and administrative staff by up to 30 percent by the end of this year. (South Korea-Samsung-Job cut) Enditem

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