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 MoreSaudi Arabia and its bankers will on Sunday morning start taking orders for as much as $13.1 billion worth of shares in its energy giant Aramco 2222.SE, in a major test of international investor interest in its market. In a long-anticipated announcement on Thursday, the kingdom and Aramco detailed plans to sell up to 0.7% […]
Read MoreHONG KONG, May 31 (Reuters) – China will reinstate tariffs next month on 134 items it imports from Taiwan, after the Ministry of Finance said it would suspend concessions on the items under a trade deal because Taiwan had not reciprocated. China, which claims democratically governed Taiwan as its own territory, has been ramping up […]
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 MorePUTRAJAYA: No contract has been awarded to Asia Mobiliti Technologies in running the Selangor Demand Responsive Transit (DRT) project, says Fahmi Fadzil. The Communications Minister said the Cabinet meeting on Wednesday (May 29) was informed by Prime Minister Datuk Seri Anwar Ibrahim that Asia Mobiliti had only provided “proof of concept.” He said this in […]
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 MoreSouth Korea and the United Arab Emirates signed a trade pact on Wednesday to sharply cut import duties at a summit of their leaders that pledged closer business and investment ties. Host South Korea welcomed the UAE’s President Sheikh Mohammed bin Zayed Al Nahyan with a traditional honour guard and a flypast of air force […]
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