Western Asia

East Asia

China will provide large-scale government debt incentives

China has announced a significant increase in public debt to support the country’s local governments, low-income citizens, housing sector and state bank capital. After overcoming the 2007-2008 global recession, this is the first time the country has given such a large incentive program. China’s Finance Minister Lan Foan said on Saturday that 2.3 trillion yuan […]

President Yoon says South Korea to form strategic partnership with Singapore next year

Yoon, who is visiting Singapore for a summit with Singapore’s Prime Minister Lawrence Wong, said in a televised address that the two nations will deepen cooperation in fields such as artificial intelligence and startups under the strategic partnership. South Korean President Yoon Suk Yeol said his country has agreed with Singapore to enter into a […]

South Asia

Pakistan prepares to shut Islamabad before SCO meet to maintain law and order

Pakistan authorities on Sunday began preparations to shut down the capital for the Shanghai Cooperation Organisation summit, amid recent militant violence and political unrest, including a deadly attack on a convoy of Chinese engineers in Karachi. Pakistan authorities were on Sunday preparing to shut down the capital ahead of a Shanghai Cooperation Organisation summit, overshadowed […]

Southeast Asia

Singapore to launch new leadership training programme for Laos government officials next year: PM Wong

Singapore will launch a new leadership training programme for senior Laos government officials next year, Prime Minister Lawrence Wong announced on Friday (Oct 11). It aims to share Singapore’s development experience and provide a platform for exchanging best practices. The initiative comes under the Singapore Cooperation Programme (SCP), Singapore’s flagship platform for technical cooperation with […]

ASEAN – Indonesia’s VP highlights importance of resolving Myanmar crisis

Vice President Ma’ruf Amin highlighted the importance of respecting international law and resolving the crisis in Myanmar at the 44th ASEAN Summit in Vientiane, Laos, on Wednesday. “ASEAN must continue to voice the importance of enforcing international law without discrimination, without double standards. This effort is required as part of ASEAN’s consistency in maintaining peace,” […]

Central Asia

Documents on Relations and Cooperation Signed between Mongolia and Turkmenistan

At the invitation of President of Turkmenistan Serdar Berdimuhamedow, President of Mongolia Khurelsukh Ukhnaa is paying a State Visit to Turkmenistan on October 10-13, 2024. During the State Visit, the following documents were signed. -Minister of Road and Transport of Mongolia Delgersaikhan Borkhuu and Chairman of the Agency “Turkmenhowayollary” [Turkmen Airlines] of the Agency for […]

Uzbekistan President Mirziyoyev called for innovation and economic cooperation at the CIS summit

The President of Uzbekistan Shavkat Mirziyoyev introduced a series of initiatives aimed at enhancing economic cooperation and technological development among CIS member countries during the CIS summit held in Moscow on October 8. The summit, chaired by Russian President Vladimir Putin, was attended by leaders from Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Armenian Prime Minister […]

Putin in Turkmenistan to attend international forum

Russian President Vladimir Putin arrived in Ashgabat, the capital of Turkmenistan, to join the international forum. During the visit, Putin will participate in the international forum titled ‘Interrelation of Times and Civilizations-Basis of Peace and Development’. The Russian President will meet Iran’s President Masoud Pezheshkian on the sidelines of the international forum. This year’s international […]

Uzbekistan eyes to complete transition to wholesale power and gas market in 2027-2028

Uzbekistan Deputy Prime Minister/Minister of Economy and Finance Jamshid Kuchkarov spoke about Uzbekistan’s plans to complete the transition to the wholesale electricity and gas market at the St. Petersburg International Gas Forum Thursday. “We must reliably supply the households and economic entities with natural gas. Of course, we have our own production, but at the […]

“S&P” Upgrades Mongolia’s Credit Rating to “B+”

The Ministry of Finance of Mongolia announced on October 4, 2024, that the “S&P” international agency upgraded Mongolia’s credit rating to “B+ Outlook positive.” The Fitch Ratings international agency upgraded Mongolia’s credit rating to “B+” two weeks ago, announcing that the upgrade was due to the country’s reduced debt burden, improved fiscal discipline, consistent increase […]

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Opinion

Political Maturity? Ranil’s Honourable Exit and NPP’s Reciprocal Approach

Chathuranga Abeysinghe, Executive Committee member of the National People’s Power, appeared on a TV talk show last Tuesday, where he expressed appreciation for former President Ranil Wickremesinghe’s efforts in leaving the Treasury in a stable financial condition. Abeysinghe noted that Wickremesinghe’s prudent fiscal management ensured that the incoming administration, led by President Anura Kumara Dissanayake, […]

Analysis