The measures are to include enhancing international aviation hubs in cities including Chengdu, Chongqing, Kunming, Xi’an and Urumqi, while developing comprehensive bonded zones, and integrating these with ports and other transport links. China said on Sunday it would launch 15 measures to bolster the development of its western provinces with the construction of logistical infrastructure […]
Read MoreAt its December 2024 meeting, the Monetary Policy Committee of the Central Bank of Mongolia presented a report on the implementation of monetary policy, the current state of the economy, the banking sector, economic prospects, and recent market changes. The report highlighted that the coal export revenue of Mongolia reached USD 8.1 billion as of […]
Read MoreMaldives President Dr. Mohamed Muizzu on Monday, said the second Airbus A-330 wide-body aircraft of the national carrier, Maldivian, will commence operations in October this year. He made the remarks at Velana International Airport (VIA) during a ceremony held by the national carrier to welcome its first-ever wide-body aircraft to the fleet. Inclusion of two […]
Read MoreSri Lanka is exploring avenues to channel foreign earnings into local investments to boost its economy, with plans underway to empower the returning migrant workers to reinvest their hard-earned savings in the country. The Sri Lanka Bureau of Foreign Employment (SLBFE) yesterday announced the launch of a Rs.744.75 million entrepreneurship development scheme to encourage the returning […]
Read MoreThe World Bank is poised to approve a significant $20 billion financial package for Pakistan. This funding marks the beginning of a 10-year initiative aimed at safeguarding development projects from the country’s political instability. The program, titled “Pakistan Country Partnership Framework 2025-35,” will focus on addressing critical areas in Pakistan’s most neglected sectors. The goal […]
Read MoreThe number of foreign patients in Indian hospitals has almost halved due to the reduction in visas for Bangladeshis, according to Al Jazeera. The Indian embassy in Bangladesh has been operating visa operations on a limited basis for the past few months, with a few days off after the fall of the Awami League government. […]
Read MoreThe German government is to provide 100,000 Euros (EUR) to the drinking water project constructed at Dhulikhel municipality in Kavrepalanchowk. The drinking water project was damaged by flood and landslide occurred on last week of September. The Municipality had on mid-October proposed German Ambassador to Nepal, Dr Thomas Prinz for the reconstruction of damaged project. […]
Read MoreThe last time China publicly announced a nationwide increase in pay for civil servants was in 2015, when the government raised pay for local officials by more than 30% as part of an effort to combat corruption and lift consumers’ spending power. Millions of government workers across China were given surprise wage increases this week, […]
Read MoreThe reserves declined by $4.1 billion in the reported week, after falling by a cumulative $13.7 billion in the prior three weeks. India’s foreign exchange reserves fell for the fourth consecutive week and stood at an eight-month low of $640.28 billion, as of Dec. 27, data from the Reserve Bank of India showed on Friday. […]
Read MoreThe approval came from this year’s 1st meeting of Advisers Council Committee on Government Purchase. The government today (2 January) approved separate proposals for procuring 1.10 crore litres of edible oil, 1,00,000 tonnes of fertiliser and 10,000 tonnes of lentil to meet the growing demand of the country. The approval came from this year’s 1st […]
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