Why has the great Indian shopper gone silent?

There are plenty of possible reasons. In particular, many economists point to lower spending by the government. For some years now Indian growth numbers have been pumped up by continually increasing federal capital expenditures. India-watchers were startled by recent data showing that growth slowed last quarter — by a lot. Gross domestic product expanded only […]

Read More

Saudi mega projects push demand for Bangladeshi workers as other markets shrink

Saudi Arabia hired 83,733 Bangladeshi workers last month, marking the highest number of overseas employment in a single country in 35 months, driven by ongoing mega projects which indicate a further boost in demand for Bangladeshi labour. While overseas employment in Saudi Arabia is surging, the demand for Bangladeshi workers in other labour markets has […]

Read More

Central Bank of Mongolia Purchased 1.6 Tons of Precious Metals in November

In November 2024, the Central Bank of Mongolia purchased 1,689.5 kg of precious metals, bringing the total amount to 15.8 tons since the beginning of the year.  This figure represents a 1.6 percent decrease compared to the same period last year. Since the beginning of the year, the Darkhan-Uul branch of the Central Bank of […]

Read More

World Bank: Afghanistan’s Economy Faces Growth and Challenges

The World Bank has stated in a report that Afghanistan’s economy, although experiencing average growth, faces significant challenges such as financial restrictions, trade imbalances, and limited public investment capacity. The report notes that the average growth of Gross Domestic Product (GDP) has been 2.7%, but the World Bank considers this growth uncertain. According to the […]

Read More

Qatar says Trump wants Gaza truce before he takes office on Jan 20

US President-elect Donald Trump wants ceasefire in Israel’s war on Gaza before his upcoming inauguration on January 20, Qatar’s Prime Minister has said. In an interview with Sky News, Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani confirmed that Trump had clearly stated his intention to see Israel’s genocidal war in the Palestinian enclave resolved before his […]

Read More

Israel lacks information on hostages’ whereabouts in Gaza

Israel has no information on the whereabouts of its hostages in besieged Gaza, according to a report by official media. Despite nearly 14 months passing since October 7, 2023, Israeli army has yet to determine where the hostages are being held in Gaza, said Israel’s public broadcaster KAN on Wednesday. This lack of intelligence is […]

Read More

Sri Lanka to develop new nation branding tourism strategy

Sri Lankan authorities are bringing together all stakeholders in tourism at a conference in January to finalise a nation branding strategy to propel the industry which is enjoying a period of growth, officials said. The campaign tagline ‘You will come back for more’ devised some time back, will be discontinued and instead a nation branding […]

Read More

Pakistan’s jailed former PM Imran Khan threatens civil disobedience movement

Pakistan’s jailed former Prime Minister Imran Khan has called on his supporters to hold a rally next week and threatened to start a civil disobedience movement days after his party led a deadly protest march in Islamabad. In a post on X on Thursday, Khan asked supporters to converge on Dec. 13 in the northwestern […]

Read More