The Taliban government says it will close all national and foreign nongovernmental organisations (NGOs) employing women in Afghanistan. In a letter published on X on Sunday night, the country’s Ministry of Economy warned that failure to comply with the latest order would lead to NGOs losing their licence to operate in Afghanistan. The directive came […]
Read MoreThe arrival of private jets to the Maldives has shown an uptick in numbers as the island nation is currently observing its peak tourism season. Tourist arrivals increase to the tropical destination as many of these travelers are escaping the winter season in their home countries but are still looking to celebrate the festivities that […]
Read MoreAccording to data from the Bangladesh Bank, remittances through formal channels totalled $26.67 billion from January to 28 December, an increase of about $4.7 billion from $21.92 billion in 2023. Bangladesh received nearly $27 billion in remittances this year – reflecting a 22% year-on-year increase – bolstered by a 9% rise in the official dollar […]
Read MoreThailand exceeded its 2024 tourism target by attracting 35 million visitors, significantly increasing tourism revenue. This achievement was driven by key strategies such as visa exemptions, enhanced transportation connectivity, and hosting high-profile events, laying a solid groundwork for continued growth in 2025. Thailand’s Remarkable Tourism Rebound Bangkok, 28 December 2024 – The Tourism Authority of […]
Read MoreSri Lanka’s budget is getting into fine shape with substantially higher revenues made possible from higher taxes which are further supported by the robust recovery seen in the economy this year. This has helped to further narrow the overall deficit while putting the primary balance in surplus for the second year running. According to the […]
Read MoreThe Maldives Marketing and Public Relations Corporation (MMPRC/Visit Maldives) has announced the ambitious target of generating USD 5 billion in tourism receipts for 2025 following a record-breaking year of tourist arrivals in 2024. The announcement was made by Abdulla Ghiyas, the Chairperson of MMPRC, and Ibrahim Shiuree, the Managing Director and CEO of MMPRC at […]
Read MoreThe Maldives welcomed its two millionth visitor of the year on Thursday – making 2024 a record year for Maldivian tourism in terms of tourist arrivals. Astrid Dirnegger, an Austrian woman on holiday with her husband and two children, arrived at the Velana International Airport (VIA) on Thursday morning on Austrian Airlines flight OS 045-6. […]
Read MoreIndia is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year in February’s budget to provide relief to the middle class and boost consumption as the economy slows, two government sources told Reuters. The move could benefit tens of millions of taxpayers, especially city dwellers burdened by high living […]
Read MoreChina will launch an investigation into beef imports, the commerce ministry said on Friday, as the world’s biggest meat importer and consumer grapples with an oversupplied market that has sent domestic prices to multi-year lows. Any trade measures to try to reduce beef imports would hit China’s largest suppliers, Brazil, Argentina and Australia. China’s total […]
Read MoreOil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support. Brent crude futures rose 22 cents, or 0.3%, to $73.80 a barrel by 0450 GMT. U.S. West Texas Intermediate crude […]
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