BEIJING -- The gross domestic product (GDP) of Beijing totaled 2.58 trillion yuan (about 387.4 billion U.S. dollars) in the first three quarters of 2020, up 0.1 percent year on year, local authorities said Wednesday.

The most closely watched economic indicator had expanded after contraction during the first half of the year, according to the Beijing municipal statistics bureau. (China-Beijing-GDP)

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BEIJING -- As China effectively brought the coronavirus under control and its economy emerged from decline, its labor market has recovered some lost ground and become more vibrant.

The surveyed unemployment rate in urban areas stood at 5.4 percent in September, 0.2 percentage points lower than in August and easing back from 6.2 percent at the beginning of 2020, data from the National Bureau of Statistics (NBS) showed. (China-Employment-Graduates)

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HONG KONG -- The Hong Kong Special Administrative Region (HKSAR) government announced on Wednesday that the Comprehensive Avoidance of Double Taxation Agreements (CDTAs) with Serbia and Georgia will be gazetted on Oct. 23.

"Under the CDTAs, investors will not have to pay tax twice on a single source of income. This will bring tax savings and a greater certainty on taxation liabilities for the residents of Hong Kong and the treaty partners when they engage in cross-border trade and investment activities," a spokesman for the HKSAR government said. (HK-Serbia-Georgia)

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DHAKA -- Bangladesh's highest economic policy-making body Tuesday approved four development projects worth over 32 billion taka, including a 5.67-billion-taka new scheme for modernizing three domestic airports.

The projects were approved at a meeting of the Executive Committee of the National Economic Council (ECNEC) chaired by Prime Minister Sheikh Hasina.

After the meeting, the country's Planning Division Secretary Md Ashadul Islam told the media that four projects of three ministries were approved in the meeting. (Bangladesh-Project-Airport) Enditem

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