A total of 1,000 tons worth of goods have been transported via the sea-to-air service provided at the Velana International Airport (VIA). The Maldives Airports Company Limited (MACL), which operates the airport, confirmed that with Virgin Atlantic signing up for the service on Monday, VIA will be extending the seat-to-air service to a total of […]
Read MoreSri Lanka’s merchandise export earnings in October 2024 climbed to US$ 1.097 billion, marking an 18.22 percent year-on-year increase, driven by higher earnings from key export categories, including apparel and textiles, tea, rubber-based products, coconut-based products, and spices and concentrates. On a month-on-month basis, export earnings in October expanded 8.44 percent compared to September 2024. […]
Read MoreNepali officials were paid $2.5 million in bribes to seal the contract for the $209.6-million Airbus deal, the largest in Nepal’s aviation history, charging documents filed in the US court show. Deepak Sharma, a former executive of the US-based aviation services provider AAR, pleaded guilty in July earlier this year to conspiracy to violate the […]
Read MoreMalaysia’s air passenger traffic for the first 10 months of the year reached 80.3 million, putting the country on track to meet the Malaysian Aviation Commission’s (Mavcom) full-year forecast of 95.4 million to 97.6 million passengers. Mavcom attributed the growth to a steady recovery in domestic and international travel, building on the strong performance recorded […]
Read MoreThe owner of a car dealership was fined S$1.5 million (US$1.1 million) on Monday (Dec 2) for evading duty and Goods and Services Tax (GST) on 427 vehicles that were imported into Singapore. Jason Liang Huan Shuo, the owner of JDM Automobile and a partner at Autogallery@JDM, pleaded guilty to two charges under the Customs […]
Read MoreBangladesh told Adani to keep supplying only half the power for now, officials said, although it will keep paying its old dues. Bangladesh has halved the power it buys from India’s Adani Power, citing lower winter demand, government officials told Reuters today, amid disagreements over dues running into hundreds of millions of dollars and pricing. […]
Read MoreAccording to customs statistics, Tajikistan has exported over 4,300 tons of antimony ore and concentrates over the first nine months of this year, valued at approximately US$14 million. This achievement has positioned the country as the world’s second-largest exporter after China. With China imposing restrictions on antimony exports, Tajikistan has emerged as a key supplier […]
Read MoreThe Maldives Monetary Authority (MMA) has reported that a total of 98 parties have submitted for money exchange license under the newly enacted Foreign Exchange Regulation, while 163 of the previously issued licenses have been cancelled. Under the “Foreign Exchange Regulation” two tiers of licenses are issued, which include ‘Tier 1’ and ‘Tier 2’ money […]
Read MoreThe National Statistics and Information Authority has announced that Afghanistan exported goods worth over $667 million in the first six months of the current solar year. According to the spokesperson of this authority, the value of exports in the first six months of this year decreased by nearly $54 million compared to the same period […]
Read MoreThe Board of Investment (BOI) of Sri Lanka has entered into a collaboration deal worth US$ 7.25 million to kick start a mixed development project in Colombo 03. The project carried out in partnership with K.K. N.holdings will feature the construction of an exclusive 19-storey office space building in the city, according to a BOI […]
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