Mongolian Sustainable Finance Forum to Be Held under the Auspices of the President of Mongolia

Under the auspices of the President of Mongolia, the Mongolian Sustainable Finance Forum-2024 will be held in Ulaanbaatar on November 27- 29, 2024. The forum will bring together representatives from various fields engaged in green development including policymakers, regulation authorities, private businesses, and civil society to openly discuss their actions for green sustainable development, the […]

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Sri Lanka’s inflation rate drops to minus 0.7% in October

The National Consumer Price Index captures broad retail price inflation and is released with a lag of 21 days every month. Sri Lanka’s consumer price inflation reached minus 0.7% year-on-year in October after easing to minus 0.2% in September, official data showed on Thursday (21 November), as the island nation continued its economic rebound. The […]

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Over 200 thousand Uzbeks to be hired in developed countries in 2025 : PM Aripov

Over 200 thousand Uzbeks will be hired in developed countries in 2025, announced the Prime Minister Abdulla Aripov at a meeting of the Legislative Chamber on Wednesday. Before being re-approved for this position, the head of government presented to the lower house of parliament the Cabinet of Ministers’ short and long term action program for […]

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Nu 180 million for highland communities in 13th Plan

The government has earmarked Nu 180 million to support highland communities, focusing on increasing livestock population, productivity, and economic growth. This was announced by the Minister of Agriculture and Livestock Younten Phuntsho during the National Assembly’s question and answer session on November 19. Bji-Kartshog-Uesu MP Lhendup Wangdi and Radhi-Sakteng MP Tashi Tenzin inquired about plans […]

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Nepal exports electricity worth Rs 12.72 billion to India in first quarter of current fiscal

In the first quarter of the current fiscal year, Nepal supplied electricity worth Rs 12.72 billion to India. According to the Nepal Electricity Authority (NEA), one billion 667 million and 892 thousand units of electricity, the surplus during the rainy season, was exported to India. The export rate per unit was Rs 7.63. The NEA […]

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Bangladesh and Vietnam are overtaking China in apparel exports to the United States

The dominance of China-made garments in the international market of apparel industry is decreasing day by day. China’s position in international apparel exports has nearly halved over the past ten years. On the other hand, Bangladesh and Vietnam are ahead in the race to capture the market. Especially these two countries are taking over most […]

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Prime Minister of Mongolia ordered to create favorable conditions for investors

On November 14, 2024, Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai reviewed the detailed report on budgetary and tax policies during his visit to the Ministry of Finance of Mongolia and the General Department of Taxation. Minister of Finance of Mongolia Javkhlan Bold presented that in the 16-year period from 2005 to 2021, the budget revenue […]

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Alibaba aims to raise $5 billion in dual currency bond deal

The company confirmed plans for bond fundraising in a regulatory filing on Monday but said the size, interest rate and maturity would be determined as the transaction progressed. China’s biggest e-commerce company Alibaba Group is aiming to raise $5 billion in multi-tranche dollar and offshore Chinese yuan bonds, according to two sources with direct knowledge […]

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Pakistan discusses $7 billion bailout reform agenda with IMF in unusual talks

The talks in Islamabad came within six weeks of the IMF approving the bailout, an unusual move as it is rare for the fund to discuss reforms ahead of a review of the reform plan under the loan programme. Pakistan discussed its $7 billion bailout reform agenda with the International Monetary Fund during an unscheduled […]

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