Timing couldn’t be better. Rising uranium demand, driven by a nuclear resurgence and geopolitical pressures, strengthens Mongolia’s uranium mining bargaining position. With the nuclear energy law amendments made in November 2024 Mongolia is signalling a sophisticated attempt to unlock its uranium potential while safeguarding national interests. These changes set the stage for a $1.7 billion […]
Read MorePolicymakers have pledged to do more to shore up growth and ease price declines, using some of their most direct language in years, as Beijing braces for a trade war with Donald Trump’s return to the White House. China’s spiral into deflation is proving hard to fix. Prices in the world’s second-biggest economy have fallen […]
Read MoreThe World Bank has canceled a $600 million loan promised to Pakistan for the development sector of the national budget. The world’s largest lending institution also mentioned in a statement that no more budget-related loans will be given to Pakistan in the current fiscal year. The country’s daily newspaper Express Tribune reported this information on […]
Read MoreThe people of Bangladesh earn more on average than the people of India and Pakistan. Bangladesh has been ahead of India and Pakistan for several years. This information was obtained from a report released by the World Bank on Friday. Data analysis shows that Bangladesh has been ahead of India for four consecutive years in […]
Read MoreThe Ministry of Industry and Commerce reported that in the first eight months of the current solar year, Afghanistan’s trade with regional countries amounted to $8.363 billion. The ministry’s spokesperson emphasized that out of this total, $1.172 billion were exports. During this period, Afghanistan’s primary export destinations included Pakistan, India, Iran, the United Arab Emirates, […]
Read MoreMVR 2 billion has been earned from Airport Development Fee (ADF) and Departure Tax so far this year. Statistics publicized by the Finance Ministry showed that revenue earned from ADF and Departure Tax exceeded the projected amount as of December 5th. In this regard, MVR 1.06 billion has been earned from ADF so far this […]
Read MoreTo achieve a USD five billion economy and a gross domestic product per capita (GDP) exceeding USD 6,174 by 2029, the government has projected a Nu 225.59 billion GDP contribution from the identified seven sectors. This is according to the draft 13th Plan. Under the Plan, the agriculture sector’s contribution is expected to increase from […]
Read MoreAt its regular meeting, the Monetary Policy Committee (MPC) of the Central Bank of Mongolia decided to maintain the policy interest rate at 10 percent and increase the minimum reserve requirement in both domestic and foreign currency by 1 percentage point, reaching 11 percent and 16 percent respectively. Annual inflation rose to 8.1 percent nationwide in […]
Read MoreGeological studies in 2024 identified 60 promising areas with inferred resources of noble, non-ferrous and ferrous metals, said Chairman of the Committee of Geology of Kazakh Ministry of Industry and Construction Erlan Akbarov during the press conference at Central Communications Service on Dec. 12. As a result of geological exploration, 27 solid mineral deposits, 10 […]
Read MoreHasibullah Noori, spokesperson for the Central Bank of Afghanistan, has announced the collection of nearly eight billion afghani in worn-out currency by the bank over the past year. The spokesperson highlighted the continuation of the process to collect worn-out banknotes and once again urged the citizens of the country to focus on preserving banknotes in […]
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