Nepal and China have officially signed the BRI Cooperation Framework during Prime Minister KP Sharma Oli’s visit to China. This development formally further advances Nepal’s involvement in the Belt and Road Initiative (BRI), a programme China proposed and Nepal initially signed in 2017. The signing was delayed on Tuesday due to disagreements over terminology to […]
Read MoreThe Philippine Daily Inquirer newspaper reported on Monday that a Russian attack submarine surfaced inside Manila’s EEZ last week, citing security sources. President Ferdinand Marcos Jr. said on Monday the reported presence of a Russian submarine in the Philippines exclusive economic zone (EEZ) in the South China Sea was “very worrisome”. The Philippine Daily Inquirer […]
Read MoreMalaysia’s air passenger traffic for the first 10 months of the year reached 80.3 million, putting the country on track to meet the Malaysian Aviation Commission’s (Mavcom) full-year forecast of 95.4 million to 97.6 million passengers. Mavcom attributed the growth to a steady recovery in domestic and international travel, building on the strong performance recorded […]
Read MoreThe owner of a car dealership was fined S$1.5 million (US$1.1 million) on Monday (Dec 2) for evading duty and Goods and Services Tax (GST) on 427 vehicles that were imported into Singapore. Jason Liang Huan Shuo, the owner of JDM Automobile and a partner at Autogallery@JDM, pleaded guilty to two charges under the Customs […]
Read MoreThe Bangladesh Assistant High Commission in Agartala, the capital of Tripura, India, was attacked. The Bangladesh flag was also set on fire at the time. Through this, India violated the Vienna Convention on Diplomatic Relations, 1961. The Bangladesh Foreign Ministry gave this reaction in a press release on Monday night. It mentioned the violation of […]
Read MoreBangladesh told Adani to keep supplying only half the power for now, officials said, although it will keep paying its old dues. Bangladesh has halved the power it buys from India’s Adani Power, citing lower winter demand, government officials told Reuters today, amid disagreements over dues running into hundreds of millions of dollars and pricing. […]
Read MoreAccording to customs statistics, Tajikistan has exported over 4,300 tons of antimony ore and concentrates over the first nine months of this year, valued at approximately US$14 million. This achievement has positioned the country as the world’s second-largest exporter after China. With China imposing restrictions on antimony exports, Tajikistan has emerged as a key supplier […]
Read MoreThe Maldives Monetary Authority (MMA) has reported that a total of 98 parties have submitted for money exchange license under the newly enacted Foreign Exchange Regulation, while 163 of the previously issued licenses have been cancelled. Under the “Foreign Exchange Regulation” two tiers of licenses are issued, which include ‘Tier 1’ and ‘Tier 2’ money […]
Read MoreThe National Statistics and Information Authority has announced that Afghanistan exported goods worth over $667 million in the first six months of the current solar year. According to the spokesperson of this authority, the value of exports in the first six months of this year decreased by nearly $54 million compared to the same period […]
Read MoreThe Board of Investment (BOI) of Sri Lanka has entered into a collaboration deal worth US$ 7.25 million to kick start a mixed development project in Colombo 03. The project carried out in partnership with K.K. N.holdings will feature the construction of an exclusive 19-storey office space building in the city, according to a BOI […]
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