Gross domestic product (GDP) growth slowed in the fourth quarter of the 2023-24 fiscal year. On a point-to-point basis at constant prices, the growth in this quarter fell by almost half to 3.91 percent. The Bangladesh Bureau of Statistics (BBS) released this information on the quarterly GDP growth on Monday. This information was revealed from […]
Read MoreIn a move to double the nation’s gross domestic product from USD 2.5 billion to USD 5 billion by 2029, the government is emphasising the vital role of entrepreneurship and business as key drivers of this “ambitious” goal. However, concerns linger regarding whether entrepreneurs are receiving sufficient support from the government to enhance their business […]
Read MoreThe Indonesian government has officially banned the iPhone 16 and all new Apple products. The government has taken this stance against Apple for not fulfilling its investment promises in the country, according to a report by the Economic Times. According to Indonesian law, 40 percent of a business entity’s total purchasing budget in that country […]
Read MorePunjab Chief Minister Maryam Nawaz has claimed that Pakistan’s economy is developing because of Nawaz Sharif’s government. She made this claim in her speech at the inauguration of Kisan Card in Hafizabad on Monday. Maryam Nawaz said that efforts are being made day and night to improve the lives of farmers. I have to make […]
Read MoreThe airline reported its first quarterly loss in almost two years as higher fuel and aircraft grounding-related expenses weighed. Indian airline IndiGo’s shares fell 8% on Monday, set for their worst session since March 2022, after the carrier said it expects per-passenger revenue to drop following its first quarterly loss in two years. IndiGo’s shares […]
Read MoreThe closures are part of a long-proposed plan pushed by Dalian to relocate the refinery, which is in a densely populated area near downtown. PetroChina is set to shut its largest refinery in north China’s Dalian around mid-2025, marking the first major closure at a state-run oil plant, part of a long-mooted project to replace […]
Read MoreIn the first nine months of the current year, approximately $257 million worth of dried fruits has been exported from Afghanistan. According to Akhundzada Abdul Salam Jawad, spokesperson for the Ministry of Industry and Commerce, raisins, figs, pistachio kernels, almonds, and pine nuts are among the dried fruits exported to India, Pakistan, the United Arab […]
Read MoreU.S. Ambassador to Sri Lanka Julie Chung said there is no travel ban on Sri Lanka, and the security advisory for Sri Lanka remains at Level 2, similar to other popular destinations such as France, Italy and the Maldives. On October 23, the U.S. Embassy in Colombo restricted travel for its personnel to Arugam Bay […]
Read MoreA parliamentary committee on Monday passed a supplementary budget of MVR 5.1 billion proposed by the government, without any changes. The MVR 5,119,508,129 supplementary budget was presented to the Parliament on Thursday. It will supplement the MVR 49.8 billion budget approved for the year, thereby increasing the 2024 budget to MVR 55 billion. The budget […]
Read MoreSrivastava emphasised that India’s revised cross-border electricity policy, which permits neighbouring countries to use its grid, has made a substantial shift in regional cooperation. The countries have signed an agreement for the transmission of 40 megawatts of power from Nepal to Bangladesh through the Indian grid. Bangladesh will soon be connected to the Indian electrical […]
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