Bhubaneswar: Prime Minister Narendra Modi termed India signing a contract to operate the strategic Iranian port of Chabahar as an important milestone and said New Delhi will work to provide connectivity to landlocked Afghanistan and Central Asia region to promote trade and commerce. In an interview to PTI, he said India will work to promote […]
Read MoreKabul: Nooruddin Azizi, the acting Minister of Industry and Commerce, held meetings with the president of Mordovia, and senior officials of the Russian Federation and Tatarstan on the sidelines of the Kazan Summit. Akhundzada Abdul Salam Jawad, the spokesperson for the Ministry of Industry and Commerce, said that the discussions focused on increasing and balancing bilateral […]
Read MoreBy Justin Salhani Lebanon and the Lebanese people are still suffering a debilitating economic crisis that has gripped the country since 2019. The pound has plummeted to less than 10 percent of its value before the crisis, savings have disappeared both in terms of exchange rates and actual deposits as banks announce they have no […]
Read MoreBy Andrew Haffner Phnom Penh, Cambodia – Cambodia is pushing for an infrastructural renaissance, but it will need some help from its friends abroad to chip away at an estimated price tag of $36.6bn. That was the final sum calculated by the Cambodian government and published earlier this year in a 174-project master plan that […]
Read MoreChina on Friday announced some of its most sweeping measures yet to stabilise the crisis-hit property sector, allowing local governments to buy “some” apartments, relaxing mortgage rules and pledging further efforts to deliver unfinished homes. Earlier in the day, fresh data showing the fastest drop in new home prices in more than nine years highlighted […]
Read MoreMalaysia’s economy grew faster than expected in the first quarter of 2024, helped by household spending and a turnaround in exports, though some analysts said the rebound could be short-lived with price pressures set to increase. Gross domestic product rose 4.2% in the January-March period from a year earlier, central bank and government data showed […]
Read MoreRegardless of the political conflict, China has overtaken the US as India’s largest trading partner. The US was India’s largest trading partner in the previous two fiscal years. According to the data of the Ministry of Commerce of India, the trade between India and China in the fiscal year 2023-24 was 118.4 billion or 11 […]
Read MoreMalaysia started recruiting workers from Bangladesh in 1984, but in 2015 it got the status of a labor source country. By that time, the number of workers in Bangladesh increased considerably and the number of Bangladeshis also increased in other fields. In total, there are about 1.5 million Bangladeshis in Malaysia. The most attractive of […]
Read MoreIn a bid to bolster its presence in the global nuclear energy sector, South Korea’s Korea Electric Power Corp (KEPCO) is reportedly in talks with the British government to spearhead the construction of a nuclear power station off the coast of Wales, as per a report by the Financial Times. According to the report, KEPCO […]
Read MoreUS has imposed sanctions on 37 Chinese technology companies. The US Commerce Department imposed the ban on Friday. The reason for the ban, cited by the US, is that these Chinese technology companies used US materials to make surveillance balloons and drones for the country’s military. Washington-based media outlet Radio Free Asia reported that 22 […]
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