Thailand’s prime minister, Paetongtarn Shinawatra, has declared £324m in assets including a collection of 217 designer handbags and 75 luxury watches in submissions on her wealth to a government body. Paetongtarn, daughter of the billionaire ex-prime minister Thaksin Shinawatra, took office in September, the fourth member of the powerful family to lead Thailand. Details of […]
Read MoreKassym-Jomart Tokayev shared insights on the nation’s economic trajectory, government performance and policy priorities in an interview with Ana Tili newspaper on Jan. 3. “The government’s task is to ensure economic growth and improve the well-being of citizens. Overall, the Cabinet of Ministers is fulfilling this task. Over the past year, there have been notable […]
Read MoreOperations of state-owned enterprises including Erdenes Tavan Tolgoi JSC, Erdenet Plant SOE, Mongolrostsvetmet SOE, MIAT SOJSC, and State Bank JSC which were profitable with the performance of 2024 and the financial statements for the year-end audit of 2023 were presented to Cabinet session on January 2, 2025. According to the audited financial statements for the […]
Read MoreNational Disaster Management Authority (NDMA) states seven islands have reported flooding caused by heavy rain and swell waves as Maldives experiences a bad weather spell. Islands that reported flooding following swell waves are R. Inguriadhoo and Sh. Narudhoo. Heavy rain caused flooding in the remaining five islands. They include F. Nilandhoo, where 80 percent of […]
Read MoreCalling the Maldives a “very concrete expression” of India’s neighbourhood first policy, External Affairs Minister S Jaishankar Friday said the two countries have finalised a framework to promote the use of local currencies for cross-border trade and signed a pact on high-impact community development projects. Jaishankar’s announcement came as he met the visiting Foreign Minister […]
Read MoreThe finance ministry has revised the credit growth projection for the fiscal year 2024-25 downward by 3.4 percent to Nu 10.48 billion, mainly due to delays in the disbursement of Economic Stimulus Programme (ESP) loans. The revision, based on the ministry’s September update, contrasts with its earlier projections in June, which anticipated robust loan disbursements […]
Read MoreThe Millennium Challenge Corporation (MCC) Board of Directors has approved $50 million in additional funding for the Nepal Compact. This Board action underscores the shared commitment between MCC and the government of Nepal to advancing Nepal’s development priorities through transformative, high-quality infrastructure projects, the MCC said in a statement. “The additional funding reaffirms our mutual […]
Read MoreThe United States has been hit by Chinese sanctions over alleged arms sales to Taiwan. Sanctions were imposed on 10 defense companies on Thursday. This is the second time in less than a week that Beijing has taken action against US companies over the same issue. China’s Ministry of Commerce announced that several companies under […]
Read MoreThe Palestinian Authority has suspended the broadcast of Qatar’s Al Jazeera TV in Palestine. They have demanded a temporary suspension of the international TV’s broadcast, mainly on the grounds that it broadcasts ‘provocative material’. However, the decision will not be effective in the besieged Palestinian territory of Gaza. Because although it is part of Palestine, […]
Read MoreIndia and Pakistan exchanged information on nuclear installations on Wednesday on the first day of the new year. This information was exchanged under a 1988 agreement, the Indian Ministry of External Affairs said. This was reported by the Indian Express on Thursday (January 2). According to the more than three-decade-old agreement, the two countries will […]
Read More
