Forty-three airlines from 23 countries operating to the Maldives

A total of 43 airlines from 23 countries currently fly to the Maldives. According to the statistics released by the Tourism Ministry, 23 countries have direct flights to the Maldives as of November 20. At the end of October, a total of 43 airlines were flying to the Maldives. A total of 1.77 million tourists […]

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Allegations of corruption and fraud against Adani at home and abroad

Adani Group Chairman and India’s richest industrialist Gautam Adani has been accused of offering to bribe government officials to get a quote for the country’s solar power project. But this is not the first time. This Gujarati native, known as a close associate of Narendra Modi and Amit Shah, has been accused of corruption several […]

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VN’s first pharmaceutical industrial park to be built

The People’s Council of Thái Bình Province has approved the zoning plan for a pharmaceutical–biological industrial park that will be built in the province’s Quỳnh Phu District. With a total cost of VNĐ3.8 trillion (US$149.5 million), the park will be developed on an area of 334 hectares that spans three communes of Trang Bảo Xá, […]

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Kenya cancels two major deals with Adani Group

Kenya’s President William Ruto has cancelled two major deals with controversial Indian tycoon Gautam Adani. The decision comes after US prosecutors charged Adani with fraud. A day earlier, India’s second richest man Gautam Adani was charged with planning to bribe $250 million and secretly collect the money in the United States. However, the Adani Group […]

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Afghanistan bets on ‘red gold’ for global market presence

As the saffron harvest season is underway in Afghanistan, traders are expecting better yields than in previous years, sparking hopes that exports of the precious crop, known locally as “red gold,” will help uplift the country’s battered economy and livelihoods. Afghanistan is the world’s second-largest saffron producer, after Iran, but it ranks first in terms […]

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Third review approved by IMF, SL to get next US$ 333 million tranche

The International Monetary Fund (IMF) reached a staff level agreement with Sri Lankan authorities, paving the way for the next tranche, for US$ 333 million, of the four-year Extended Fund Facility. “We are pleased to announce that the IMF team reached staff-level agreement with the Sri Lankan authorities on the third review under the 4-year  […]

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Bhutan government revives plans to establish crop and livestock insurance scheme

The government has revived its plan to introduce the National Crop and Livestock Insurance Scheme in a bid to protect farmers from the dual threats of climate change and wildlife depredation. The insurance scheme, which will cost the government an estimated Nu 927.83 million over the next four years, will provide a safety net for […]

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What’s next for Gautam Adani after US bribery, fraud charges?

Here’s a look at what’s next for Adani, who is accused of conspiring to pay about $265 million in bribes to Indian government officials to obtain contracts and develop India’s largest solar power plant project. Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world’s richest people, could face a […]

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Afghanistan’s Exports Drop 14% Amid Trade Challenges

The World Bank has reported that Afghanistan’s exports from January 1 to September 1, 2024, have decreased by 14% compared to the same period last year. According to the World Bank report, changes in Pakistan’s trade policies and increased taxes on fresh fruits and agricultural products from Afghanistan are among the main reasons for the […]

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