President Dr. Mohamed Muizzu on Saturday officially inaugurated the Development Bank of Maldives (DBM) Limited, a 100 percent state-owned institution. The bank was inaugurated in the same venue where the SME Hub previously operated. The bank is the result of the government’s policies promoting sustainable economic and social development, and aims to secure funding for […]
Read MoreThe Economic Affairs Committee of the National Council (NC) has raised concerns over the uneven distribution of tourism, pointing to a regional imbalance in tourist arrivals across different dzongkhags. The Committee Chairperson Tshewang Rinchen highlighted stark regional disparities in tourist numbers. In 2019, the western region attracted 230,296 tourists, a stark contrast to the central […]
Read MoreAfter Pakistani TikToker Imsha Rahman’s personal video went viral, now another Indonesian celebrity’s video has gone viral. The name of this famous Indonesian star is Lydia Onik. The leaked video has sparked debate on social media, with many claiming the woman in the clip looks like Lydia. In a report on Friday (November 15), Indian […]
Read MoreThe Bhutan Trust Fund (BTF) unveiled its ‘Roadmap 2040’, outlining a strategic vision to expand its financial portfolio to USD 250 million by 2040. Launched on the 69th Birth Anniversary of His Majesty the Fourth Druk Gyalpo on November 11, the BTF Roadmap 2040 is designed to address the evolving environmental challenges that Bhutan faces, […]
Read MoreThe interim government provided financial support of about Tk34 crore to the families of migrant workers who died abroad. Bangladesh has received remittance of over $7 billion from expatriate citizens in the last three months, official data showed. “Bangladeshi expatriates sent $7.02 billion remittance to the country in the last three months,” said a progress […]
Read MoreThis landmark development strengthens sub-regional connectivity and sets a new benchmark in the South Asian power sector, Randhir Jaiswal, official spokesperson for India’s Ministry of External Affairs, says. Electricity generated in Nepal will now reach Bangladesh via the Indian grid, marking the first trilateral power transaction. The power flow transaction was jointly inaugurated by Ministry […]
Read MoreThe markets and hotels in Kolkata, India, used to be bustling with Bangladeshi buyers. After the change of power in Bangladesh due to the student-public movement, India restricted visa activities and business in Kolkata has collapsed. Local businesses in Kolkata, which depend on Bangladeshi tourists, are also going through a difficult time. Visa centers are […]
Read MoreFor a country that’s long prioritised a balanced lifestyle and good governance over economic gain, Bhutan is doing something it’s never done before: embrace more independent, cost-conscious travellers in an urgent bid to revive its faltering economy. Tshering Tobgay, now prime minister, characterised Bhutan’s economy as “on the brink of collapse” in a November 2023 […]
Read MoreAs of the end of September 2024, savings in Tugrug, the National Currency of Mongolia, reached MNT 20.6 trillion in total, an increase of MNT 415.7 billion compared to the previous month, and by MNT 5.7 trillion (38.6 percent) compared to the same period last year. Of the total amount of Tugrug savings, MNT 17.6 […]
Read MoreThe firm did not release total sales revenue for the period but said 45 brands – including Apple, Haier, Midea and Xiaomi – surpassed 1 billion yuan ($138.62 million) in gross merchandising value (GMV), a commonly used measurement for online sales. China’s largest e-commerce company Alibaba Group said it recorded “robust growth” in sales and […]
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