A new air route connecting Osh, Kyrgyzstan’s second-largest city, with Kashgar in China’s Xinjiang Uyghur Autonomous Region is expected to launch in April, according to a statement from Airports of Kyrgyzstan JSC. The announcement follows a meeting held on January 30 with the Commercial Aircraft Corporation of China (COMAC). The new flight is intended to […]
Read MoreBy Jean Iau Singapore is set to establish a national space agency in April, a move that industry insiders believe will cement the city state’s role as a pre-eminent regional hub for extraterrestrial innovation. The launch of the National Space Agency of Singapore (NSAS) aims to capture a slice of a global space economy projected […]
Read MoreChinese officials are promoting the launch of a free-trade port on the tropical island of Hainan as a major step in opening the economy to foreign investors, even as global trade tensions rise and protectionism increases elsewhere. Officials describe the transition to what they call the world’s largest free-trade port as a “substantial leap” in […]
Read MoreIndia’s budget for the fiscal year 2026-27 presented in parliament today (1 February) slashed developmental aid to Bangladesh by 50%, amid a sharp downturn in bilateral ties post-Sheikh Hasina’s ouster from power. This marks the steepest reduction in regional aid, triggered by a diplomatic freeze, allegations of attacks on minorities, and Dhaka’s tilt toward Pakistan. […]
Read MoreNEW DELHI: India’s latest budget has emerged as one of its most technology-focused, with new measures to utilize artificial intelligence, semiconductor manufacturing, and expand digital infrastructure aimed at offsetting the impact of global tariff wars. Finance Minister Nirmala Sitharaman presented the 2026-27 budget in parliament on Sunday, saying it would “accelerate and sustain economic growth […]
Read MoreGlobal inflation is expected to fall to 3.8% this year and to 3.4% in 2027, helped by softer demand and lower energy prices, the IMF chief said on Monday. Managing Director Kristalina Georgieva said in a speech in the Annual Arab Fiscal Forum in Dubai that global growth has held up ‘remarkably well’ amid profound […]
Read MoreThe European Bank for Reconstruction and Development has sharply expanded its footprint in Central Asia and Mongolia, committing nearly $2 billion in investment in 2025. In an article posted by Anton Usov, the scale of the funding is presented as a clear signal of the EBRD’s growing confidence in the region’s economic potential, as well […]
Read MoreISLAMABAD: Pakistan and Saudi Arabia have agreed to enhance cooperation in energy and mineral sectors, the Pakistani information ministry said on Friday, as the two sides seek to deepen economic ties and promote joint investment. The development comes weeks after Pakistan’s Petroleum Minister Ali Pervaiz Malik met Saudi Arabia’s Minister of Industry and Mineral Resources […]
Read MoreMANILA: Over ten years ago, when Fatima Macud brought home roughly 30,000 pesos ($509) a month, the money was enough to cover her expenses and still leave room for savings. Though she now earns 45,000 pesos, Macud finds herself unable to save any money as she struggles with rising prices to cover daily spending. “Yes, […]
Read MoreBy Park Chan-kyong North Korea is set to use its coming Workers’ Party congress to signal an escalation towards carrying out large-scale nuclear retaliation in the event of a conflict with the US, with analysts expecting Pyongyang to unveil plans centred on intercontinental ballistic missiles (ICBMs) capable of striking American cities. The move was foreshadowed […]
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