The Ministry of Mines and Petroleum said that the government’s share from contracted mines ranges from 13% to 65%. Houmayoun Afghan, the spokesperson for the ministry, told Tolonews that the process of giving contracts of mines is transparent and is being held among private companies through an open competition. “The ratio of Islamic Emirate’s share […]
Read MoreThe international demand for Nepali tea and coffee has been on a steady rise. According to the National Tea and Coffee Development Board, Nepal exported 77 metric tons of coffee in the fiscal year 2079-80 BS (2022-23), up from 72 metric tons valued at Rs 96 million in the previous fiscal year. Data collection is […]
Read MoreThe World Bank Group published the “Mongolia Country Climate and Development Report” (CCDR), which details comprehensive reforms that complement Mongolia’s current climate and development strategies while balancing environmental concerns with economic growth. Mongolia faces unique challenges from both climate change and the global shift towards a low-carbon economy, underscoring the need for urgent actions to enhance […]
Read MoreThe trend of overseas employment is satisfactory so far and we are expecting to send more remittance senders with jobs this year, BMET Director Mamun Sarder says. With sincere efforts by different stakeholders, especially the government, Bangladesh sent abroad 9.3 lakh workers with jobs from January to 2 November this year. “The trend of overseas […]
Read MoreThe Ministry of Public Works reported that over 347,000 tons of goods were transported via the country’s railway system in the month of Mizan this solar year. Mohammad Ashraf Haqshinas, the ministry’s spokesperson, said that over 7,000 tons of this total consisted of exports. According to Haqshinas, the imports this month included petroleum and non-petroleum […]
Read MoreMinister of Finance of Mongolia Javkhlan Bold presented the draft State Budget for 2025 during the session of the Standing Committee on Economic Affairs of the State Great Khural of Mongolia, noting “The following budget of 2025 is notable by fully supporting regional development for the first time.” The Finance Minister noted, “The following year’s […]
Read MoreThe Ministry of Agriculture and Livestock (MoAL) has proposed a major change in the foreign direct investment (FDI) rules and regulations, specifically for the agriculture sector, to allow 100 percent foreign equity investment. The new FDI rules have been submitted to the cabinet for approval. Currently, the MoAL is in discussions with four foreign companies—PRAN […]
Read MoreThe budget, totalling about 607.4 billion shekels ($162 billion), includes a nine billion shekel package to support reserve soldiers. Israel’s cabinet on Friday approved a 2025 national budget, a wartime financial package that far-right Finance Minister Bezalel Smotrich said supported the country’s ongoing wars and encouraged economic growth. For more than a year, Israel has […]
Read MoreNepal received foreign investment commitments totalling Rs3.45 billion in the third month of the current fiscal year (September-October), the Department of Industry said. Among these, Rs150 million were pledged for 21 industries through the automatic approval route, a system introduced following the Third Nepal Investment Summit in April. An additional Rs3.3 billion in pledges was […]
Read MoreBut the central bank projected inflation to move around its 2% target in coming years, stressing its resolve to keep hiking borrowing costs if the economy sustains a moderate recovery. The Bank of Japan maintained ultra-low interest rates on Thursday and signalled the need to scrutinise global economic developments, highlighting its focus on risks to […]
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