The Purpose Behind North Korea’s ‘Waste Balloon Provocation’

North Korea’s recent launch of waste balloons towards South Korea goes beyond a mere act of provocation, representing a multipurpose strategy aimed at political and psychological effects. In other words, it is intended to incite unrest within South Korea, stir internal conflicts (especially over North Korea policy), and send a political message to the international […]

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Maldives announces sale of MVR 4 billion in T-bills to manage cashflow

The Maldivian government has announced the sale of over MVR 4 billion in T-bills as it seeks to manage its cashflow. According to an announcement by the Finance Ministry last week, the government is selling four T-bills worth total MVR 4.27 billion. The T-bills up for subscription are: MVR 1.97 billion T-bill which matures in […]

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India FM’s Pakistan visit a ‘good beginning’: Nawaz Sharif

The visit of India’s foreign minister to Pakistan earlier this week was a “good beginning” that could lead to a thaw in relations between the two rivals, former Pakistan Prime Minister Nawaz Sharif was quoted as saying by Indian media yesterday. Indian Foreign Minister Subrahmanyam Jaishankar was in Pakistan on Tuesday and Wednesday for a […]

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Malaysia’s minimum wage to go up to 1,700 ringgit from Feb 1

The Malaysian government has agreed to increase the minimum wage rate from 1,500 ringgit (RM) currently to 1,700 ringgit, with effect from February 1, 2025, said Anwar Ibrahim. While tabling Budget 2025 in the Dewan Rakyat on Friday, the Prime Minister also said that employers with less than five workers will be given a six-month […]

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Structural reforms demanded for Bangladesh SME sector development

Policymakers and business leaders have called for the timely formulation and proper implementation of a better policy to reform the small and medium enterprises (SME) sector to protect the interests of entrepreneurs and the national economy. They voiced the demand today during a discussion titled “Reform of SME Policy-2019 for Sustainable Growth and Innovation,” organised […]

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India’s FX reserves log worst fall in 2-1/2 years

Changes in foreign currency assets are caused by the central bank’s intervention in the foreign exchange market as well as the appreciation or depreciation of foreign assets held in the reserves. India’s foreign exchange reserves dropped for a second consecutive week, falling to a one-month low of $690.43 billion as of Oct. 11, data from […]

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All eyes on Modi, Xi at BRICS summit as Delhi and Beijing announce visits

Prime Minister Narendra Modi will visit Russia from October 22-23 at the invitation of President Vladimir Putin to attend the 16th BRICS Summit in Kazan, capital of Tatarstan, the Ministry of External Affairs (MEA) said Friday. This will be the Prime Minister’s second visit to Russia this year — he visited Moscow for a bilateral […]

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Gender pay gap in Bhutan: Women earn less in both urban and rural areas

Despite the overall employment rate of nearly 97 percent, there are significant disparities in the labour market, particularly between rural and urban areas and across genders. The latest Labour Force Survey Quarterly Report (LFSQR) reveals that women are underrepresented in higher-paying jobs and earn less than their male counterparts. In the third quarter, the total […]

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Mongolia and India to Leverage the Strategic Partnership to Expand Relations in All Sectors

Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai met Minister of External Affairs of the Republic of India Subrahmanyam Jaishankar during his visit to Pakistan and exchanged views on cooperation. At the beginning of the meeting, Prime Minister Oyun-Erdene once again thanked India for having donated the first packages of vaccines to Mongolia during the difficult time of the […]

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Bangladesh government’s new turn in global trade policy

Dhaka has formally offered to join the world’s largest trade alliance China-led Regional Comprehensive Partnership Agreement (RCEP). Recently, the application form has been sent to the headquarters of the organization through the Ministry of Foreign Affairs of Bangladesh. Being a member of RCEP will not require free trade agreements (FTAs) with its member countries in […]

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