In recent months, Foxconn factories across China have seen mass layoffs and resignations. Workers have been seen leaving their workplaces with their luggage and families in long lines, the Financial Post reported. Videos circulating online show distressed workers standing in line from morning to noon, talking about their problems. A large crowd of employees was […]
Read MoreIn India, there is a “conducive quickening” of high-frequency economic activity indicators in the second half of 2024-25, signalling implicit pick up in real gross domestic product growth for this period, the Reserve Bank of India said. India’s economic growth is poised to rebound as domestic demand regains strength, but “stickiness” in food inflation warrants […]
Read MoreAn article dedicated to the export potential of Uzbekistan was published in Hungary’s leading online publication, Hello Magyar, highlighting the country’s systematic efforts to achieve the goal set in the “Uzbekistan – 2030” strategy, which aims to increase the private sector’s share in exports to 60 percent. It is noted in the article that from […]
Read MorePakistan’s IT sector recorded its highest monthly export record in December 2024, with exports worth $348 million. This is 15 percent higher than the same period last year and 12 percent higher than the previous month. According to Topline Securities, total IT exports in the first half of fiscal year 2025 were $1.86 billion, up […]
Read MoreThe Ministry of Industry and Commerce reports that over 42,200 kilograms of Afghan saffron, valued at $29.588 million, were exported to various countries during the first nine months of 1403 (solar year). Akundzada Abdul Salam Jawad, spokesperson for the ministry, emphasized that most Afghan saffron exports were made to India, Spain, Saudi Arabia, the United […]
Read MoreHaa Valley, one of Bhutan’s least explored regions, has been listed among the 25 best places to travel in 2025 by the British Broadcasting Corporation (BBC). Known for its pristine landscapes, unique cultural heritage, and sustainable tourism initiatives, Haa is gaining international recognition as a must-visit destination. The list was curated by BBC Travel editors […]
Read MoreNepal Rastra Bank (NRB) is set to draw liquidity due to excess liquidity in the banking system. NRB is set to draw liquidity worth Rs 40 billion on Wednesday for 21 days through the deposit collection instrument auction. The bank has been continuously withdrawing liquidity since the beginning of the current fiscal year due to […]
Read MoreIn December 2024, activity in the used car market continued to decline, which was reflected in average prices. This trend was highlighted in an analysis by specialists at the Institute for Macroeconomic and Regional Studies. Compared to November, prices for both frequently and moderately used popular domestic cars decreased, while prices for slightly used vehicles […]
Read MoreAt the meeting of the Standing Committee on Economics of the State Great Khural of Mongolia on January 15, 2025, Minister of Industry and Mineral Resources Tuvaan Tsevegdorj presented a report on informing local people about the issuance of mineral exploration licenses, the benefits of the mining sector, as well as the ongoing efforts to […]
Read MoreThe country’s non-renewable resources paint a mixed picture of stability and decline, with coal and talc known reserves fully exhausted and others showing worrying downward trends. Data from the Environmental Accounts Statistics 2024 reveals a decade of contrasting trajectories for key minerals, including dolomite, limestone, gypsum, and iron ore. Once a critical resource, Bhutan’s coal […]
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