The Ministry of Industry and Commerce reports that over 42,200 kilograms of Afghan saffron, valued at $29.588 million, were exported to various countries during the first nine months of 1403 (solar year). Akundzada Abdul Salam Jawad, spokesperson for the ministry, emphasized that most Afghan saffron exports were made to India, Spain, Saudi Arabia, the United […]
Read MoreNepal Rastra Bank (NRB) is set to draw liquidity due to excess liquidity in the banking system. NRB is set to draw liquidity worth Rs 40 billion on Wednesday for 21 days through the deposit collection instrument auction. The bank has been continuously withdrawing liquidity since the beginning of the current fiscal year due to […]
Read MoreIn December 2024, activity in the used car market continued to decline, which was reflected in average prices. This trend was highlighted in an analysis by specialists at the Institute for Macroeconomic and Regional Studies. Compared to November, prices for both frequently and moderately used popular domestic cars decreased, while prices for slightly used vehicles […]
Read MoreAt the meeting of the Standing Committee on Economics of the State Great Khural of Mongolia on January 15, 2025, Minister of Industry and Mineral Resources Tuvaan Tsevegdorj presented a report on informing local people about the issuance of mineral exploration licenses, the benefits of the mining sector, as well as the ongoing efforts to […]
Read MoreThe country’s non-renewable resources paint a mixed picture of stability and decline, with coal and talc known reserves fully exhausted and others showing worrying downward trends. Data from the Environmental Accounts Statistics 2024 reveals a decade of contrasting trajectories for key minerals, including dolomite, limestone, gypsum, and iron ore. Once a critical resource, Bhutan’s coal […]
Read MoreThe Kathmandu-Tarai expressway project has achieved 37.6 percent physical progress and 39.56 percent financial progress, with a total expenditure of Rs72.41 billion, as reported by the Nepal Army during an on-site inspection by President Ramachandra Paudel on Friday. President Paudel visited the completed tunnels at Lendanda, Dhedre, and Mahadevtar in wards 11 and 12 of […]
Read MoreThe Kazakh capital started implementing the project to create a second industrial park on an area of 409 hectares based on the Astana – New City special economic zone. According to Khalel Akimzhanov, head of Astana’s investment and entrepreneurship development department, industrial park No. 1 is the country’s leader in the production volume, reported Kazinform […]
Read MoreMullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, stated during the “Investment Call in Afghanistan” program that the Islamic Emirate has provided special privileges for industrialists and traders returning to the country. The Deputy Prime Minister for Economic Affairs added that the Islamic Emirate has taken effective measures to facilitate economic growth and […]
Read MoreThe finance ministry has estimated a budget outlay of Nu 109.35 billion for the fiscal year 2025-26, the second year of the ambitious 13th Plan. This is according to the ministry’s budget call notification for the fiscal year 2025-26. The proposed outlay includes Nu 53.79 billion for capital expenditure and Nu 55.56 billion for recurrent […]
Read MoreThe Asian Development Bank (ADB) on Tuesday signed a financing agreement of 92.6 million U.S. dollars with PT Supreme Energy Muara Laboh (SEML) to develop Indonesia’s geothermal power resources. “This will be done by expanding the geothermal facility at Muara Laboh in West Sumatra, while supporting the construction, operation, and maintenance of a new geothermal […]
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