New measures to streamline exports from Samdrupjongkhar

Samdrupjongkhar—Authorities in Samdrupjongkhar are cracking down on illegal mandarin exports to prevent market disruptions and loss of government revenue. Middlemen have been taking advantage of loopholes in export rules, causing farmers to earn less for their oranges during the peak season. The issue is: the intermediaries pretend to be farmers and export products without following […]

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Inflation to return to positive from 2Q before aligning with 5% target from 3Q

Sri Lanka could see the end to the current stretch of deflation in the second quarter before reaching the target level of 5.0 percent in the third, supported mainly by the accommodative monetary policy stance, which the Central Bank has been pursuing from the middle of 2023, pivoting from the bone-crushingly tight policy that decimated […]

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Plans underway to make roads safe by developing tunnel ways, PM Oli says

Prime Minister KP Sharma Oli has said that the government has forwarded the plans to make the roads safe by constructing tunnel ways. Writing on his social sites after the breakthrough of the Siddhababa Tunnel Way on Friday, the PM said the government has forwarded plans to make the roadways safe by developing the tunnel […]

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Kazakh PM Bektenov chairs meeting to discuss sustainable economic growth

The meeting primarily focused on measures and ways of the government’s economic bloc toward sustainable economic growth. Deputy Premier – National Economy Minister Serik Zhumangarin reported on the current economic situation in the country as well as voiced approaches to tax and budget reform to promote manufacturing, infrastructure modernization, launch new growth points in regions. […]

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The Government of Mongolia Discusses Draft Agreement on Establishing the Gashuunsukhait-Gantsmod Cross-Border Railway

During its regular session on January 22, 2025, the Cabinet of Mongolia discussed the draft Agreement between Mongolia and the People’s Republic of China on Cooperation in Increasing the Coal Trade and the Capacity of the Tavan Tolgoi Coal Mine and Establishing the Gashuunsukhait-Gantsmod Cross-Border Railway and decided to deliberate it with the pertinent Standing […]

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PM Shehbaz thanks World Bank for placing faith in Pakistan, inking new partnership programme

Prime Minister Shehbaz Sharif on Thursday thanked the World Bank for placing faith in Pakistan after pledging to provide $20 billion under the 10-year country partnership framework (CPF) last week. According to a World Bank statement, the new framework for the country aimed to “support inclusive and sustainable development through a strong focus on building […]

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Sri Lanka 75% ready for digital lead: Dr. Wijesuriya

Sri Lanka possesses a strong foundation for a digital economy, with 75 percent of the necessary skills already in place, according to Chief Advisor to the President on Digital Economy Dr. Hans Wijesuriya. However, to fully capitalise on this potential, the country must bridge the remaining gap and enhance its digital competitiveness. Currently, Sri Lanka’s […]

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Nepal’s economy to grow over 4 percent amid reconstruction efforts, says IMF

The International Monetary Fund said on Wednesday that Nepal’s economy is expected to grow at a pace exceeding 4 percent in the current fiscal year, primarily supported by substantial public capital expenditure, including post-flood recovery and reconstruction efforts. The IMF has trimmed the World Bank’s growth forecast following the damage caused by the late September […]

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South Korea’s economy barely grows in Q4 amid political chaos

South Korea’s economy barely grew in the fourth quarter of 2024, missing market expectations, as domestic demand was hurt by the country’s worst political crisis in decades, advanced central bank estimates showed on Thursday. Gross domestic product (GDP) expanded 0.1% from a quarter earlier on a seasonally adjusted basis, compared with increases of 0.1% in […]

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Property agent numbers in Singapore hit record high of over 36,000

The number of property agents in Singapore has reached an all-time high, continuing a steady growth streak since 2017. As of Jan 1, there were 36,058 registered agents, up from 35,251 a year earlier, according to the latest figures from the Council for Estate Agencies (CEA). This marks the highest number of agents since the […]

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