Uzbekistan: Small signs of economic reform success

It appears that Uzbek government efforts to reorient labor migration patterns is starting to pay dividends. The volume of remittances from Europe and South Korea have experienced sharp increases during the first nine months of 2024. According to a report published by Gazeta.uz, the overall amount of money transfers in Uzbekistan totaled $11.62 billion during the January-September […]

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Islamic Emirate’s Share from Mine Extraction Reaches 56%

The Ministry of Mines and Petroleum said that the government’s share from contracted mines ranges from 13% to 65%. Houmayoun Afghan, the spokesperson for the ministry, told Tolonews that the process of giving contracts of mines is transparent and is being held among private companies through an open competition. “The ratio of Islamic Emirate’s share […]

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Maldives Attracts Tourists With Growth From China, Russia, And India

Increasing arrivals highlight the Maldives’ appeal as top global travel destination backed by sustainable tourism efforts The Maldives, often picture-perfect with its stunning beaches and luxury resorts, is witnessing remarkable growth in its tourism sector, which is becoming increasingly instrumental to the nation’s economy. Recent reports indicate significant influxes of visitors from key markets such […]

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Citizens of 9 countries will be able to travel to China without a visa

The country’s Ministry of Foreign Affairs has allowed citizens of 9 countries to travel to China without a visa. The country’s Foreign Office confirmed the matter in a statement on Friday. Citizens of 9 countries will get this facility to travel to China without a visa from November 4. And the countries that will get […]

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World Bank Report Spotlights Pathways to Strengthen Mongolia’s Economic Resilience

The World Bank Group published the “Mongolia Country Climate and Development Report” (CCDR), which details comprehensive reforms that complement Mongolia’s current climate and development strategies while balancing environmental concerns with economic growth. Mongolia faces unique challenges from both climate change and the global shift towards a low-carbon economy, underscoring the need for urgent actions to enhance […]

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Bangladesh sent 9.3 lakh workers abroad since Jan

The trend of overseas employment is satisfactory so far and we are expecting to send more remittance senders with jobs this year, BMET Director Mamun Sarder says. With sincere efforts by different stakeholders, especially the government, Bangladesh sent abroad 9.3 lakh workers with jobs from January to 2 November this year. “The trend of overseas […]

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Over 347,000 Tons of Goods Transported via Afghan Railways in Past Month

The Ministry of Public Works reported that over 347,000 tons of goods were transported via the country’s railway system in the month of Mizan this solar year. Mohammad Ashraf Haqshinas, the ministry’s spokesperson, said that over 7,000 tons of this total consisted of exports. According to Haqshinas, the imports this month included petroleum and non-petroleum […]

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Mongolia Plans to Export 83 Million Tons of Coal and 1.8 Million Tons of Copper Concentrate in 2025

Minister of Finance of Mongolia Javkhlan Bold presented the draft State Budget for 2025 during the session of the Standing Committee on Economic Affairs of the State Great Khural of Mongolia, noting “The following budget of 2025 is notable by fully supporting regional development for the first time.” The Finance Minister noted, “The following year’s […]

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Bhutan to open doors to 100 percent FDI in agriculture

The Ministry of Agriculture and Livestock (MoAL) has proposed a major change in the foreign direct investment (FDI) rules and regulations, specifically for the agriculture sector, to allow 100 percent foreign equity investment. The new FDI rules have been submitted to the cabinet for approval. Currently, the MoAL is in discussions with four foreign companies—PRAN […]

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