Officials from the Ministry of Information and Culture have announced the commencement of the National Archive restoration project at a cost of 4.6 million afghani. According to the ministry’s spokesperson, the aim of the restoration is to protect the documents and storage facilities of the National Archive from damages caused by climate change. The National […]
Read MoreOn December 5, President Shavkat Mirziyoyev reviewed a presentation outlining key priorities for the automotive industry ahead of 2025. The discussion, which built on instructions given last month, emphasized enhancing production capacity and improving vehicle quality. With over 400,000 vehicles sold annually, the automotive sector is poised for continued growth, driven by increasing consumer incomes. […]
Read MoreThe International Monetary Fund (IMF) has set Bangladesh’s revenue growth target for the current fiscal to an amount which is 27% higher than what was collected last year. In the last fiscal year 2023-24, the National Board of Revenue (NBR) collected revenue of Tk3.62 lakh crores. To achieve the target, the NBR will now have […]
Read MoreBangladesh should be a much more open economy to escape the middle-income trap, Indermit S Gill, chief economist of the World Bank Group, has said. Six billion people in middle-income countries are in a race against time and the external environment is making things harder, he said at the Annual BIDS Conference on Development (ABCD) […]
Read MoreThere are plenty of possible reasons. In particular, many economists point to lower spending by the government. For some years now Indian growth numbers have been pumped up by continually increasing federal capital expenditures. India-watchers were startled by recent data showing that growth slowed last quarter — by a lot. Gross domestic product expanded only […]
Read MoreIn November 2024, the Central Bank of Mongolia purchased 1,689.5 kg of precious metals, bringing the total amount to 15.8 tons since the beginning of the year. This figure represents a 1.6 percent decrease compared to the same period last year. Since the beginning of the year, the Darkhan-Uul branch of the Central Bank of […]
Read MoreThe World Bank has stated in a report that Afghanistan’s economy, although experiencing average growth, faces significant challenges such as financial restrictions, trade imbalances, and limited public investment capacity. The report notes that the average growth of Gross Domestic Product (GDP) has been 2.7%, but the World Bank considers this growth uncertain. According to the […]
Read MoreState water company, Male’ Water and Sewerage Company (MWSC) has announced the sale of a MVR 400 million bond. First National Finance Corporation which undertook efforts to issue the bond to the capital market, said it will be sold in two tranches. MWSC has opened the opportunity to invest in an MVR 200 million bond […]
Read MoreSri Lankan authorities are bringing together all stakeholders in tourism at a conference in January to finalise a nation branding strategy to propel the industry which is enjoying a period of growth, officials said. The campaign tagline ‘You will come back for more’ devised some time back, will be discontinued and instead a nation branding […]
Read MorePrime Minister Tshering Tobgay has signaled the government’s willingness to discuss extending the deadline for the Economic Stimulus Programme (ESP) concessional credit period with the Bhutan Development Bank Limited (BDBL), as the December application window approaches its close. Lyonchhen was responding to a question posed by Trashigang’s National Council (NC) Member, Sonam Tobgyel, during yesterday’s […]
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