Aggregation program in Bhutan could be a game changer for farmers and the agricultural economy

Dophum, a 42-year-old farmer from Guma gewog in Punakha, planted Kamtey rice this season. She plans to switch to high-value varieties like Tan-Tsering and Nabja next year. This shift is encouraged by an aggregation programme launched by Farm Machinery Corporation Limited (FMCL) yesterday at Dzomlingthang in Guma gewog. The programme aims to strengthen Bhutan’s agricultural […]

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Afghanistan Received $6.7 Billion in Humanitarian Aid Over 3 Years: OCHA

The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) in Afghanistan has reported that Afghanistan has received $6.7 billion in humanitarian aid over the past three years. The OCHA report also said that aid was provided to 12 million people in Afghanistan in the first six months of this year. According to OCHA […]

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Laya’s lifeline: Horses, community, and economy

In Laya, horses play an important role in supporting the community’s economy. When the region had no roads, horses were the only means of transportation, carrying villagers and their loads across rugged terrain and steep paths that required days of exhausting travel. The road construction project began in the 2012-13 fiscal year. The 24-kilometre stretch […]

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Food inflation in Bangladesh rises to 12.66% in October

Average inflation rose to 10.87% in October, from 9.92% in September. Food inflation soared to 12.66% in October, from 10.40% in September, pushing up general inflation as well. The overall inflation rose to 10.87% in October, from 9.92% in September, according to the latest data from the Bangladesh Bureau of Statistics (BBS) published today (7 […]

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Afghan Saffron Attracts Global Buyers, Secures Million-Dollar Deal

The US Agency for International Development (USAID) announced yesterday (Monday) that a buyer has placed an annual order for 600 kilograms of Afghan saffron. According to USAID, this order was secured at the 2024 Paris  trade show, with an annual sales value reaching $1.07 million. USAID added that this order will bring a positive change […]

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MNT 1.4 Trillion to Be Allocated to the Road and Transport Sector in State Budget of 2025

Next year, the Government of Mongolia has planned to invest heavily in infrastructure sectors including roads, transportation, and energy. These investments will be made on a regional basis to continue ongoing development projects. In terms of specific sectors, the roads and transportation sectors are set to receive the largest portion, with an allocation of MNT […]

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Measures to ensure 100 percent of jet revenue enters local companies

Transport Minister Mohamed Ameen states measures will be implemented to ensure 100 percent of the revenue earned from handling private jets arriving in the Maldives goes to companies with local shareholders. Speaking at a press conference held at the President’s Office on Tuesday, Minister Ameen underscored that Maldives sees the arrival of a large number […]

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China considers over $1.4 trillion in extra debt over next few years

The 6-trillion-yuan worth of debt would be raised over three years including 2024, said the sources, adding the proceeds would primarily be used to help local governments address off-the-books debt risks. China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to […]

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China’s Premier Li Qiang to speak at import expo in Shanghai

Leaders from Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia and Serbia are among those expected for the opening ceremony and other events at the seventh import expo, which runs from Tuesday to Saturday in Shanghai. China’s Premier Li Qiang will deliver remarks at the opening ceremony of this week’s China International Import Expo, the Chinese commerce ministry […]

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Uzbekistan: Small signs of economic reform success

It appears that Uzbek government efforts to reorient labor migration patterns is starting to pay dividends. The volume of remittances from Europe and South Korea have experienced sharp increases during the first nine months of 2024. According to a report published by Gazeta.uz, the overall amount of money transfers in Uzbekistan totaled $11.62 billion during the January-September […]

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