Kazakhstan Enhances Ties with Central Asian Neighbors to Promote Regional Prosperity

BY DAUREN ABEN President Kassym-Jomart Tokayev has been steadfast in developing comprehensive cooperation among Central Asian nations. His approach has enhanced ties with neighboring countries across various sectors, including politics, trade, economy, investment, transportation, water resources, energy, and humanitarian efforts. The Kazakh leader has consistently expressed confidence that the region is capable of addressing its […]

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by Masum Billah

South Korea seeks to cut inheritance tax in first revision since 2000

SEOUL, July 25 (Reuters) – South Korea on Thursday proposed tax cuts as part of its broader push to boost the domestic stock market and tackle a falling birth rate, which is the world’s lowest. Among measures to beef up the “Corporate Value-up Programme” introduced in February, the finance ministry said it would lower inheritance […]

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by Masum Billah

Japan finds a ‘stealth’ cure for zombie businesses: Let them fail

Years of faltering growth and population decline left many of Japan’s small and medium-sized firms squeaking by on state help and almost-free funding. These companies, which account for around seven out of 10 jobs, now face a shake-up as pandemic-era support dwindles and interest rates rise for the first time in 17 years For much […]

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by Mahadi

Japan to boost jet fuel production and imports amid tourism boom

The initiative aims to tackle a recent jet fuel shortage affecting commercial flights, which has hindered the expansion of international flight capacity and the introduction of new routes Japan plans to increase jet fuel production and imports to address a pick up in demand from flights amid a boom in tourism, according to a draft […]

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by Mahadi

Citizens of 93 countries do not need a visa to travel to Thailand

Thailand has introduced visa-free access facilities for citizens of 93 countries to boost the tourism sector. Citizens of these countries will now be able to travel to the Southeast Asian country without a visa. Under the scheme launched last Monday, travelers can stay in Thailand for 60 days with visa-free entry. Earlier this facility was […]

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by Mahadi

Thai PM seeks extra $3.4 bln for stimulus as lawmakers criticise handout plan

BANGKOK, July 17 (Reuters) – Thai Prime Minister Srettha Thavisin on Wednesday tabled an additional 122 billion baht ($3.4 billion) budget for the 2024 fiscal year for his signature stimulus programme, as lawmakers held a debate to scrutinise the much-criticised handout scheme. “The government needs the budget to stimulate the economy by boosting money circulation […]

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by Masum Billah

Exiled Chinese businessman Guo Wengui found guilty of fraud in US trial

Guo Wengui, an outspoken critic of China’s government and erstwhile business associate of former White House adviser Steve Bannon, was convicted on Tuesday in US federal court on charges of stealing hundreds of millions of dollars from online followers. Prosecutors in Manhattan said Guo raised more than US$1 billion by guaranteeing followers on social media […]

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by Masum Billah

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