The statistics from the Ministry of Finance has revealed that half of the projected MVR 1.27 billion in grants was not received to the Maldives government this year. The ministry shared its Weekly Fiscal Developments as of November 21st, which provides insight of the government’s cumulative expenditure and revenues. According to the statistics for the […]
Read MoreHuge flooding caused by heavy rain in Malaysia and neighbouring Thailand has killed at least 12 people, officials say. More than 122,000 people have been forced out of their homes in northern Malaysia, while in southern Thailand, around 13,000 others have also been displaced. There are fears the number could rise, as heavy rain and […]
Read MoreSenior Economic Advisor to the President Duminda Hulangamuwa claims that the new government is encouraging the private sector to be at the forefront of economic development in the country. However, he noted that the government will retain control over strategic sectors of public interest. Joining Ada Derana’s current affairs program, ‘@HydePark’, Hulangamuwa highlighted that the […]
Read MoreA new 50-metre suspension bridge, designed to improve visitor accessibility to Koma Tshachu (hot spring) and support the local economy of Goenshari Gewog in Punakha, was officially opened to the public on November 25. The construction of the bridge, along with other amenities, was made possible with a funding assistance of Nu 3.7 million from […]
Read MoreThe initial unit of electricity from this project was integrated into the national grid last evening. Located in Amachodingmo-5, Rasuwa, the project has the capacity to produce 42.5 megawatts of electricity. The first unit of the electricity generated from Sanjen has been connected to the national transmission line after all technical tests were successfully completed, […]
Read MoreHamas representatives arrived in Cairo, Egypt, on Saturday to discuss a possible ceasefire agreement in the Gaza Strip. An official from the Palestinian independence movement told AFP. The Hamas official, who spoke on condition of anonymity, said, “A Hamas delegation will participate in several meetings in Cairo on Saturday to discuss a ceasefire and prisoner […]
Read MoreSyria is hot with clashes between government forces and rebels. The entire country has started to burn in the flames of civil war again. The death toll is also rising. More than 400 people have been killed so far in the rebel operation that began on Wednesday. The rebels have already taken control of most […]
Read MoreBangladesh’s foreign affairs adviser Md. Towhid Hossain has said that India needs to address Bangladesh’s long-standing concerns to improve bilateral relations between Dhaka and New Delhi. He was speaking at a roundtable discussion titled ‘Bangladesh-India Relations: Expectations, Obstacles and Future’. Towhid said, ‘The previous (deposed) government of Bangladesh had addressed India’s concerns. But India has […]
Read MoreThe Government of Mongolia and the Asian Development Bank (ADB) are jointly implementing new projects to increase renewable energy sources in the western region of Mongolia. Specifically, energy storage stations have been constructed and commissioned to connect solar and wind power plants with a total capacity of 40.5 MW to the Altai-Uliastai energy system. Moreover, […]
Read MoreKazakhstan’s Samruk Kazyna Sovereign Wealth Fund and China’s SANY Renewable Energy (RE) laid the foundation for the construction of a $114 million plant to produce wind turbine components on Nov. 29 in the Zhambyl Region, reported SANY’s press service. Kazakhstan and China Cooperate to Build $114 Million Wind Turbine Component Plant in the Zhambyl Region. […]
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