Pemagatshel—Four years ago, Tashi Dhendup from Shumar, Pemagatshel, quit his job in tourism due to Covid-19. This left him at a crossroads, as the tourism industry, had supported his family financially. With few options available, he returned home and started farming. However, he was discouraged by human-wildlife conflicts. Then he started Lotus Eco-Lodge. Tashi Dhendup and […]
Read MoreA suite of problems continues to plague this fuel, further complicated by political unrest throughout the country in July and August 2024 The global energy transition away from coal has accelerated over the past ten years, evident by the fact that the number of nations with coal power under development [pre-construction and construction] has nearly […]
Read MoreThe Asian Development Bank (ADB) and APU Dairy LLC have signed a $20 million (equivalent in Mongolian togrog) loan to support nomadic herders by integrating them into the dairy value chain, enhancing dairy processing capacity, and promoting sustainable herd management practices. The project will boost Mongolia’s dairy supply and strengthen its food security through domestic […]
Read MoreThe Economic Deputy Office of the Prime Minister’s Office has announced that approximately 3 billion afghani have been saved in the contracts of projects approved by the National Procurement Commission. According to this office, the National Procurement Commission has so far approved 317 large and small projects with a total value of about 85 billion […]
Read MoreThe statistics from the Ministry of Finance has revealed that half of the projected MVR 1.27 billion in grants was not received to the Maldives government this year. The ministry shared its Weekly Fiscal Developments as of November 21st, which provides insight of the government’s cumulative expenditure and revenues. According to the statistics for the […]
Read MoreSenior Economic Advisor to the President Duminda Hulangamuwa claims that the new government is encouraging the private sector to be at the forefront of economic development in the country. However, he noted that the government will retain control over strategic sectors of public interest. Joining Ada Derana’s current affairs program, ‘@HydePark’, Hulangamuwa highlighted that the […]
Read MoreA new 50-metre suspension bridge, designed to improve visitor accessibility to Koma Tshachu (hot spring) and support the local economy of Goenshari Gewog in Punakha, was officially opened to the public on November 25. The construction of the bridge, along with other amenities, was made possible with a funding assistance of Nu 3.7 million from […]
Read MoreThe initial unit of electricity from this project was integrated into the national grid last evening. Located in Amachodingmo-5, Rasuwa, the project has the capacity to produce 42.5 megawatts of electricity. The first unit of the electricity generated from Sanjen has been connected to the national transmission line after all technical tests were successfully completed, […]
Read MoreThe Government of Mongolia and the Asian Development Bank (ADB) are jointly implementing new projects to increase renewable energy sources in the western region of Mongolia. Specifically, energy storage stations have been constructed and commissioned to connect solar and wind power plants with a total capacity of 40.5 MW to the Altai-Uliastai energy system. Moreover, […]
Read MoreUzbekistan will engage active elders in poverty reduction in their mahallas (neighborhoods) with a monthly payment. Nuroniy foundation will allocate 10 million soums ($777) annually to each of about 10,000 mahallas for elderly sports programs. A total of $39 m will be provided from the state budget. Uzbekistan will engage respected and experienced elders in […]
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