Bangladesh could face a potential 20% decline in exports to the European Union if it fails to implement timely and effective policies, especially in comparison to its close competitors, said experts and entrepreneurs at a discussion today (27 November). Additionally, the country’s upcoming graduation from Least Developed Country (LDC) status may further slow export growth, […]
Read MoreThe primary responsibility for the protection of life and liberty of all citizens of Bangladesh, including minorities, rests with the government of Bangladesh, he says. The High Commission of India in Dhaka continues to monitor the situation related to the minorities in Bangladesh closely, Indian External Affairs Minister Dr S Jaishankar has said. The primary […]
Read MoreAs of November 25, 2024, the official foreign exchange reserves of Mongolia exceeded USD 4.9 billion, an increase of USD 38.8 million or 0.8 percent compared to the beginning of this year. This is the amount that satisfies the country’s foreign exchange-paid import needs for 5.1 months, according to the Bank of Mongolia. The increase in foreign exchange reserves was mainly due to the improvement in the USD flow into Mongolia, including export […]
Read MoreRussian President Vladimir Putin has stressed building strong relations with Afghanistan. At the conclusion of the Collective Security Treaty Organization (CSTO) summit, Putin stated that the stabilization of the situation in Afghanistan cannot be ignored. He said that Russia has bilateral relations with Afghanistan’s interim government. The Russian President said: “We cannot ignore the fact […]
Read MorePresident Dr. Mohamed Muizzu has expressed the Maldives’ strong support for the Palestinian cause, emphasizing that it is a concern shared by all Maldivians. In a message delivered on Friday in commemoration of International Day of Solidarity with the Palestinian People, the President reaffirmed the Maldives’ dedication to the Palestinian struggle for justice and peace. […]
Read MoreThe Bank of Maldives (BML) on Thursday announced the launch of the country’s first-ever Shari’ah Compliant BML Islamic Visa Credit Card. The BML Islamic Credit Card is offered based on the principle of Ujrah. Ujrah is the concept of charging an agreed fee for providing services to a customer. According to BML, the card is […]
Read MoreIndonesian rescuers are searching for passengers trapped in a minibus buried in mud after flash floods and landslides hit several locations in North Sumatra province, killing at least 27, an official said on Thursday. Torrential rain in the province since last week had caused flash floods and landslides in four different districts, Indonesia’s disaster agency […]
Read MoreThe International Criminal Court’s chief prosecutor asked judges on Wednesday to issue an arrest warrant for the head of Myanmar’s military regime for crimes committed against the country’s Rohingya Muslim minority. Gen. Min Aung Hlaing, who took power from elected leader Aung San Suu Kyi in a coup in 2021, is accused of crimes against […]
Read MoreIn an effort to capitalise on the momentum of the rapid progress in debt restructuring, collective effort is key for supporting Sri Lanka’s success in this area, the International Monetary Fund (IMF) said. As the authorities continue to finalise the remaining debt restructuring agreements, IMF Managing Director Kristalina Georgieva emphasised that high creditor participation is […]
Read MoreSri Lanka must not bow to external pressure and must maintain an independent foreign policy, especially at a time when some ‘parties’ are trying to take advantage of its economic situation, China’s Ambassador to Sri Lanka, Qi Zhenhong told a group of journalists in Colombo last evening. In an in-depth interaction, clearing China’s stance and […]
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