In recent times, apart from news of the growing value of Bhutan’s Bitcoin stack, another major point of discussion and news has been Bhutan steadily selling parts of these holdings. According to Arkham, Bhutan has, since July 2024, sold 2,077 Bitcoins (BTC) worth USD 163 million (mn) which is Nu 13.834 billion (bn). However, according to […]
Read MoreThe Government of Nepal and the Asian Development Bank (ADB) have signed loan and grant agreements amounting to 777.6 million US Dollar (equivalent to Rs 105.59 billion) for the implementation of three projects and a programme. The Financing agreement for the implementation of Kathmandu Valley Water Supply Improvement Project (phase 2), South Asia Subregional Economic […]
Read MoreThe fourth tranche of the ongoing $4.7 billion loan programme from the International Monetary Fund (IMF) will include an instalment from an additional $750 million loan, said Finance Secretary Khairuzzaman Mozumder today. The multilateral lender will disburse $645 million, including $80 million from the new loan, on 10 February, Mozumder said during a discussion between […]
Read MorePopular social media platforms Facebook and Instagram are not allowing people to speak out on behalf of Palestine. Meta, the company that owns these two platforms, is institutionally stopping the voices of the Palestinians. Such allegations have been made by international human rights organizations for a long time. Now, a bigger allegation has been made […]
Read MoreA US ban imposed on advanced chip exports to China has kept many global investors on the sidelines. Some Asian hedge funds are betting on leading Chinese tech companies such as Xiaomi and Baidu, buoyed by their artificial intelligence innovations, despite the threat of further US curbs that could take effect next year. A US […]
Read MoreStarlink is seeking approval in India to provide satellite broadband services and the Musk-owned company is trying to address any potential security concerns as part of the process. Elon Musk said Starlink satellite internet is inactive in India, his first comments since authorities seized two of the company’s devices in recent weeks, one in an […]
Read MoreDuring its regular session on December 18, 2024, the Cabinet of Mongolia discussed The Law on Pensions provided by the Social Insurance Fund of Mongolia (SIF). The law stipulates that “pension amounts shall be increased annually, starting January 1, 2025, based on the average annual inflation rate of the previous year.” In compliance with this […]
Read MoreToday, approximately 2.5 million Uzbeks work abroad. The amount of money they send back to Uzbekistan surpasses the revenue from gold exports, constituting over 14% of the country’s GDP. In 2000, the United Nations General Assembly declared December 18 as International Migrants Day. On the same date in 1990, the International Convention on the Protection […]
Read MoreThe central bank, Maldives Monetary Authority (MMA) has reported an increase in international flights that arrived in the Maldives during the first ten months of the year. A report published by MMA confirmed that the number of tourist arrivals also increased with the increase in international flights. According to the report, 13,671 international flights arrived […]
Read MoreThe Port of Colombo achieved a significant milestone, surpassing 7 million twenty-foot equivalent units (TEUs) in container throughput by the end of November 2024, marking its highest performance since 2021. This achievement positions the port to close the year with its highest-ever container throughput. As of November, the cumulative container throughput reached 7.1 million TEUs, […]
Read More
