Tokyo, May 31 (Jiji Press)–Japan’s parliament is expected to enact a bill to revise the political funds control law before its current session ends in June after the ruling Liberal Democratic Party Friday made further concessions to demands from its coalition partner and an opposition party. The LDP lowered the threshold for the disclosure of […]
Read MoreMukesh Ambani’s refinery Reliance Industries has signed an agreement to buy fuel oil from Russia. This oil will be bought in Russian currency Ruble. News from Reuters. According to the report, Ambani’s company will buy at least 3 million barrels of fuel oil per month from the Russian company Rosneft under this one-year agreement. Since […]
Read MoreIn a significant policy shift, Malaysia has declared that starting from June 1, it will no longer accept migrant workers from Bangladesh and 15 other countries. This decision, confirmed by the Malaysian High Commissioner to Dhaka, Haznah Md Hashim, is poised to have substantial repercussions on Bangladesh’s labor market and economy. “Malaysia’s move to halt […]
Read MoreIn an unexpected economic twist, Pakistan has surpassed its regional competitor, Sri Lanka, to claim the top spot in Asia’s currency rankings. The Pakistani rupee appreciated by 3.1 percent against the US dollar, marking a significant shift in the region’s economic landscape, as reported by Sama TV and Express Tribune. This surge in the rupee’s […]
Read MorePrime Minister Sheikh Hasina today (29 May) said Bangladesh has become a role model in establishing global peace, reiterating her call to stop ongoing wars solving all problems through dialogue and channelised the money used in arms races for welfare of mankind. “Bangladesh is a dependable name in the efforts of protecting peace and safety […]
Read MoreChina’s leaders should strive to ensure that economic growth is more demand driven, according to officials from the International Monetary Fund, as they also emphasised the need for Beijing to underscore market-oriented reforms at a highly anticipated political gathering in July that will set the tone for the country’s development trajectory in the next decade. […]
Read MoreMalaysia has imposed a ban on the import, sale and use of Indian companies MDH and Everest’s Phis curry spices after high levels of ethylene oxide were detected. Earlier, Hong Kong, Singapore and Nepal also banned the spices of these two Indian companies. A statement from Malaysia’s Ministry of Health said on Tuesday (May 28) […]
Read MoreThe dire state of the Chinese economy, mirrored in the collapsing supermarket sector. Supermarkets, once bustling with customers, now stand eerily quiet, their shelves piled high with unsold stock. The lack of customers and slow-moving goods paint a grim picture of an economy in distress. The situation is a stark reminder of the economic challenges […]
Read MoreSri Lanka’s tea industry, a cornerstone of its economy, is at a crossroads as a government-mandated 70% wage hike looms. While producers warn of potential economic fallout, the move has also been hailed as a necessary step toward addressing deep-seated labor inequities in the sector. On Monday, tea producers voiced strong opposition to the […]
Read MoreDhaka: In a concerning turn of events, the Annual Development Programme (ADP) implementation has plummeted to 49.26% during the initial ten months of Fiscal Year 2024, according to recently released data. This decline marks the lowest implementation rate witnessed in the past three financial years, indicating potential challenges in meeting development targets. Figures from the Implementation […]
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