The apprehension of possible risks to the overall economy of Bangladesh has decreased a lot. Now, to move the country forward, the foreign sector needs to improve considerably. The supply of foreign currency should be increased. Through this, stability should be brought back to the local currency. For this the government has to take some […]
Read MoreBhutan has emerged as the fourth-largest government holder of Bitcoin globally, owning over 13,011 BTC worth USD 780.49 million, highlighting Bhutan’s notable position in the global cryptocurrency landscape. This information comes from a report by Arkham Intelligence, a public data application that allows users to analyse blockchain and cryptocurrency activities. The value of Bitcoin held […]
Read MoreLater Friday the BoJ was forecast to leave its benchmark interest rate unchanged, with all 53 economists polled by Bloomberg News predicting that borrowing costs will be left at 0.25 percent. Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours before the Bank of Japan was widely […]
Read MorePresident Dr. Mohamed Muizzu on Saturday evening has said that the pathway needed for national development can be achieved by acquiring respect on the global stage. He made the remarks in a video message publicized to celebrate the 59th anniversary of the Maldives’ membership at the United Nations. In his video message, President Muizzu emphasized on […]
Read MoreBhutan is increasingly becoming an attractive destination for recreational fishing, having generated Nu 3.236 million in fees between 2023 and 2024 from 6,459 anglers, of which 6,363 of them were tourists. High-end recreational fishing was introduced in 2022 through the amendment of Forests and Nature Conservation Rules and Regulations 2017. This new tourism offering emerged […]
Read MorePakistan on Thursday reaffirmed its commitment to working with China for shared prosperity, and promoting peace and stability in the world. The second phase of the China-Pakistan Economic Corridor (CPEC) would help transform the country’s economy, Prime Minister Shehbaz Sharif said at the National Day Reception, hosted by the Chinese Embassy to mark the 75th […]
Read MoreBhutan’s central region is facing soaring prices as inflation continues to climb. The National Statistics Bureau’s (NSB) latest figure shows the region experienced a month-on-month inflation rate of 2.27 percent in July, outpacing the national average. Suppose the price of a packet of milk cost Nu 100 in June, the price of the same packet […]
Read MoreThe International Monetary Fund (IMF) has cautioned that while Sri Lanka has made notable progress in its economic recovery, the nation is still vulnerable and must work to protect the hard-earned gains it has achieved so far, the President’s Media Division said. Speaking at an IMF press briefing on September 12, Director of the IMF […]
Read MoreAsian Development Bank (ADB) will provide 1.5 billion US dollars to reform the banking sector of Bangladesh. Another 400 million dollars will be received by next December as budget support. This was confirmed by ADB’s country director in a meeting with finance advisers on Sunday. At the end of the meeting, financial adviser. Salehuddin Ahmed […]
Read MoreMongolia’s banking sector grew by 30 percent in the first half of 2024. Amar Lkhagvasuren, Executive Director of the Mongolian Bankers Association, noted during the presentation of the Association’s review on the sector for the first half of 2024 that the increasing credit growth, while GDP is at 5 percent and inflation is at 5.5 […]
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