In the January to November 2024 period, Uzbekistan’s international trade topped $59.4 billion, a 3.6% increased to the same period last year, the Statistics Agency said. Exports stood at $24.2 billion, which is 4.4%, while imports were at $35.1 billion, which is 3% more than last year.
Read MoreIn 2015, they reconvened in Thimphu, their homeland, and hatched plans to venture into the herbal tea business. Their vision encompassed every step of the process, from planting and cultivating herbs to harvesting, processing, and crafting finished products for consumers. Before embarking on this herbal tea journey, Rinzin Wangchuk managed Café Ambrosia, a health-conscious organic […]
Read MoreIn January-November, Uzbekistan imported gas worth a record $1.55 billion, the Agency of Statistics said in its international trade report. This is 2.8 times more (in monetary terms) than for 11 months of 2023, when the volume of exports topped 562.7 million dollars. This is also almost 2.2 times more than the total volume of […]
Read MoreThe Ministry of Industry and Commerce reported that in the first eight months of the current solar year (1403), Afghanistan exported over $33 million worth of pomegranates. Akhundzada Abdul Salam Jawad, spokesperson for the Ministry of Industry and Commerce, stated that most pomegranate exports were sent to Pakistan, India, Tajikistan, Uzbekistan, Turkmenistan, Kazakhstan, and the […]
Read MoreWith the decision by the Hong Kong based Fitch Ratings to upgrade Sri Lanka’s credit rating, the island nation has officially ended its debt default, the Finance Ministry said here on Saturday. Fitch upgraded Sri Lanka’s long term credit default rating to CCC+ from CCC- on Friday as it said that “the risk of another […]
Read MoreTrongsa—Business in Trongsa town has slowed to a crawl following the completion of two major hydropower projects—Mangdechhu and NikaChhu. The once-thriving businesses are now struggling to survive. Many are closing shops or downsizing operations. And those on the outskirts of Trongsa are particulrly in dire straits. The hydropower workforce, once the main customer base for […]
Read MoreTwo companies have launched new products on the Mongolian Stock Exchange. Specifically, “Shunkhlai” LLC started the primary market trading of “Shunkhlai” bonds, while a bell-ringing ceremony for the IPO of “Tenger Daatgal” LLC was held on November 28, 2024. The IPO orders for “Tenger Daatgal” will be accepted through the MSE’s IPO system until December […]
Read MoreThe International Monetary Fund (IMF) Executive Board is expected to convene in the coming months to review the staff-level agreement on the third review, under the Extended Fund Facility (EFF) arrangement between Sri Lanka and the IMF. IMF Communications Department Director Julie Kozack said that once the review is completed and approved by the IMF […]
Read MoreIn recent times, apart from news of the growing value of Bhutan’s Bitcoin stack, another major point of discussion and news has been Bhutan steadily selling parts of these holdings. According to Arkham, Bhutan has, since July 2024, sold 2,077 Bitcoins (BTC) worth USD 163 million (mn) which is Nu 13.834 billion (bn). However, according to […]
Read MoreThe Government of Nepal and the Asian Development Bank (ADB) have signed loan and grant agreements amounting to 777.6 million US Dollar (equivalent to Rs 105.59 billion) for the implementation of three projects and a programme. The Financing agreement for the implementation of Kathmandu Valley Water Supply Improvement Project (phase 2), South Asia Subregional Economic […]
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