The Government of Mongolia Discusses Draft Agreement on Establishing the Gashuunsukhait-Gantsmod Cross-Border Railway

During its regular session on January 22, 2025, the Cabinet of Mongolia discussed the draft Agreement between Mongolia and the People’s Republic of China on Cooperation in Increasing the Coal Trade and the Capacity of the Tavan Tolgoi Coal Mine and Establishing the Gashuunsukhait-Gantsmod Cross-Border Railway and decided to deliberate it with the pertinent Standing […]

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PM Shehbaz thanks World Bank for placing faith in Pakistan, inking new partnership programme

Prime Minister Shehbaz Sharif on Thursday thanked the World Bank for placing faith in Pakistan after pledging to provide $20 billion under the 10-year country partnership framework (CPF) last week. According to a World Bank statement, the new framework for the country aimed to “support inclusive and sustainable development through a strong focus on building […]

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Sri Lanka 75% ready for digital lead: Dr. Wijesuriya

Sri Lanka possesses a strong foundation for a digital economy, with 75 percent of the necessary skills already in place, according to Chief Advisor to the President on Digital Economy Dr. Hans Wijesuriya. However, to fully capitalise on this potential, the country must bridge the remaining gap and enhance its digital competitiveness. Currently, Sri Lanka’s […]

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Maldives and Estonia Join Forces to Innovate in Blockchain and Web3 Technology

The Maldives and Estonia have recently taken significant steps to boost their adoption of emerging technologies by signing two agreements focused on public sector applications. These agreements aim to explore the potential of artificial intelligence (AI), renewable energy, and blockchain technology, thereby solidifying the diplomatic relationship between the two nations. This initiative was marked by […]

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Nepal’s economy to grow over 4 percent amid reconstruction efforts, says IMF

The International Monetary Fund said on Wednesday that Nepal’s economy is expected to grow at a pace exceeding 4 percent in the current fiscal year, primarily supported by substantial public capital expenditure, including post-flood recovery and reconstruction efforts. The IMF has trimmed the World Bank’s growth forecast following the damage caused by the late September […]

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South Korea’s economy barely grows in Q4 amid political chaos

South Korea’s economy barely grew in the fourth quarter of 2024, missing market expectations, as domestic demand was hurt by the country’s worst political crisis in decades, advanced central bank estimates showed on Thursday. Gross domestic product (GDP) expanded 0.1% from a quarter earlier on a seasonally adjusted basis, compared with increases of 0.1% in […]

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Property agent numbers in Singapore hit record high of over 36,000

The number of property agents in Singapore has reached an all-time high, continuing a steady growth streak since 2017. As of Jan 1, there were 36,058 registered agents, up from 35,251 a year earlier, according to the latest figures from the Council for Estate Agencies (CEA). This marks the highest number of agents since the […]

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Property owners face hefty electricity bills due to tenants’ illegal bitcoin mining in Perak

More than 60 home and shoplot owners in Perak are facing electricity payment claims from Tenaga Nasional Berhad (TNB) after their properties were used by tenants for illegal bitcoin mining involving unauthorised wiring. Gopeng Member of Parliament Tan Kar Hing said his service centre received over 30 complaints regarding such cases in his parliamentary constituency […]

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Uzbekistan’s gas imports surge by 2.4 times, exports to China grow by 25%

According to data from the Statistics Agency, Uzbekistan became a net importer of gas in 2024 for the second year in a row. From January to December, natural gas imports from Turkmenistan and Russia increased by 2.41 times, reaching $1.67 billion. Monthly imports slowed to $127.9 million. In 2023, for the first time in its […]

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Precious Stones Sold for 40.4M Afs at Kunar Auction

40.4 million afghani were paid for, precious stones in Kunar province in an open bidding process. These stones were sold in the presence of local officials and traders. According to officials, the auction has added over four million afghani to the government treasury. “Today, with the sale of stones, 40.4 million afghani were collected, and […]

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