Political and diplomatic tensions between New Delhi and Dhaka have adversely affected cultural relations between the two countries. What till recently was a historically important piece of real estate on Dhaka’s urbanscape now lies in ruins — and buried under the rubble is a part of Bangladesh’s cultural ethos deeply linked to India. The razing of Bangladesh […]
Read MorePrime Minister Shehbaz Sharif on Tuesday reaffirmed his government’s intention to work closely with the Trump administration for stronger bilateral ties with the United States. A press release issued from the Prime Minister’s Office (PMO) said the premier expressed Pakistan’s “strong desire” to work towards the endeavour while recalling the “decades-long history of close cooperation” […]
Read MoreAn earthquake of magnitude 4.3 on the Richter Scale jolted Afghanistan in the early hours of Tuesday. As per the National Centre for Seismology (NCS), the earthquake occurred at a depth of 180 kilometres and was recorded at Latitude 36.52 N, Longitude 71.10 E. The earthquake took place at 03:37 AM Indian Standard Time (IST). […]
Read MoreSri Lanka’s budgeted expenditure for 2025 will likely lead to a wider fiscal deficit and slower-than-expected fiscal consolidation, Moody’s Ratings said on Tuesday, a day after the island nation unveiled its budget. Sri Lanka aims to transform its crisis-hit economy to prepare to resume debt repayments from 2028, President Anura Kumara Dissanayake said on Monday […]
Read MoreThe Maldives Transport and Contracting Company (MTCC) reports an annual revenue decline by MVR 1.1 billion in 2024, compared to the year before. The company reported an annual total revenue of MVR 2.16 billion for last year. In 2023, the company’s total revenue stood at MVR 3.2 billion; indicating a 32.1 percent decline. MTCC’s quarterly […]
Read MoreBhutan is keen on joint venture investments with Bangladesh to tap into the hydropower potential of the Himalayan kingdom, Bhutanese Ambassador Rinchen Kuentsyl said on Tuesday. Bhutan has also taken steps to sign an agreement with Bangladesh’s submarine cable company to get an alternative internet connection from Dhaka, he said. The ambassador discussed the issues […]
Read MoreMCC projects in Nepal have also been halted following the suspension of USAID initiatives. The Millennium Challenge Corporation (MCC), a U.S. aid agency, is facing setbacks as a result. On February 14, the U.S. government sent a letter informing that the implementation of MCC projects should be paused. According to the Ministry of Finance, the […]
Read MoreIsraeli Prime Minister Benjamin Netanyahu said his country will complete the fight against Iran with the support of the United States. He made the remarks at a joint press conference with visiting US Secretary of State Marco Rubio in Jerusalem on Sunday. Netanyahu said that over the past 16 months, Israel has dealt a powerful […]
Read MoreTurkey’s central bank stands “ready to act” against risks in the current rate-cutting cycle, Turkish Central Bank Governor Fatih Karahan told a conference for emerging market economies in Saudi Arabia on Sunday. The bank has been gradually cutting rates since December, Karahan said, reducing the policy rate (TRINT=ECI), opens new tab by 250 basis points […]
Read MoreChina’s central bank governor said on Sunday a stable yuan currency has been key to global financial and economic stability and Beijing will continue to let the market play a decisive role in deciding the exchange rate. People’s Bank of China Governor Pan Gongsheng told a conference in Saudi Arabia that while most currencies have […]
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