Power producers demand payment of half of dues within 10 days to avert Ramadan blackout

Local independent power producers (IPPs) have urged the government to clear at least half of their outstanding dues, approximately Tk9,000 crore, within 10 days to prevent power shortages during the upcoming Ramadan in March and the subsequent rice-growing season, which requires heavy irrigation. During a meeting with Power Division Secretary Farzana Mamtaz at the Secretariat […]

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Saudi Arabia increases fees for seven services, including visas

Saudi Arabia has decided to increase fees for seven services, including visas and iqama. This information was given through Absar, a business platform under the country’s Ministry of Interior. According to Gulf News, the visa fee for entry and exit to Saudi Arabia has been set at 103.5 riyals. And the fee for residence permit […]

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Maldives President: MVR 500M owed by state to private companies being disbursed

President Dr. Mohamed Muizzu the government has begun disbursing payments for MVR 500 million owed to private companies in relation to various projects completed for the government. The President visited GDh. Hoadedhdhoo on Tuesday morning as part of his ongoing tour of Huvadhoo Atoll. Speaking at a meeting with the residents of the island, President […]

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Nearly 200 million wasted in unnecessary spending in Bhutan

The Royal Audit Authority (RAA) reported wasteful expenditures to the tune of Nu 193.564 million across various government agencies in its Annual Audit Report for the fiscal year 2023–24. The report defines wasteful expenditure as investments in assets or equipment that cannot be utilised as intended, resulting in substantial loss of public funds. The RAA […]

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China seeks to bolster ports and aviation hubs in western regions

The measures are to include enhancing international aviation hubs in cities including Chengdu, Chongqing, Kunming, Xi’an and Urumqi, while developing comprehensive bonded zones, and integrating these with ports and other transport links. China said on Sunday it would launch 15 measures to bolster the development of its western provinces with the construction of logistical infrastructure […]

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Starlink Internet to be launched in Pakistan and Bangladesh soon, says Elon Musk

Starlink, owned by American technology entrepreneur Elon Musk, is providing internet services all over the world through satellites. Now, plans to launch Starlink Internet in Pakistan have been announced. Elon Musk himself confirmed this. He said that Starlink has already applied to launch internet services in Pakistan. It is now waiting for government approval. Starlink […]

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Ignoring the Indian government’s ban, Elon Musk’s Starlink to be used in Manipur

The state and central governments have repeatedly shut down the internet, sometimes for months at a time, due to the ongoing conflict between the Meitei and Kuki communities in Manipur, failing to bring the security situation under control. However, it is known that Starlink services are being used for internet in various parts of Manipur […]

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Foreign Currency Reserves of Mongolia Reach USD 4.9 Billion

At its December 2024 meeting, the Monetary Policy Committee of the Central Bank of Mongolia presented a report on the implementation of monetary policy, the current state of the economy, the banking sector, economic prospects, and recent market changes. The report highlighted that the coal export revenue of Mongolia reached USD 8.1 billion as of […]

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