1.1 billion people worldwide live in extreme poverty, almost half of whom live in conflict-affected countries. This information has emerged in a research report of the United Nations Development Organization UNDP. In addition, this study has revealed that almost half of the world’s people living in extreme poverty are in India. Out of the country’s […]
Read MoreThe project to generate ten megawatts of solar energy in Naghlu, Kabul, was inaugurated today (Saturday) by the Ministry of Energy and Water. Acting Minister of Energy and Water Abdul Latif Mansoor stated during the inauguration ceremony that this ten megawatts of energy will benefit 1,000 families, Kabul’s industrial parks, and hospitals. The acting Minister […]
Read MoreThe Maldivian government has announced the sale of over MVR 4 billion in T-bills as it seeks to manage its cashflow. According to an announcement by the Finance Ministry last week, the government is selling four T-bills worth total MVR 4.27 billion. The T-bills up for subscription are: MVR 1.97 billion T-bill which matures in […]
Read MoreThe Malaysian government has agreed to increase the minimum wage rate from 1,500 ringgit (RM) currently to 1,700 ringgit, with effect from February 1, 2025, said Anwar Ibrahim. While tabling Budget 2025 in the Dewan Rakyat on Friday, the Prime Minister also said that employers with less than five workers will be given a six-month […]
Read MorePolicymakers and business leaders have called for the timely formulation and proper implementation of a better policy to reform the small and medium enterprises (SME) sector to protect the interests of entrepreneurs and the national economy. They voiced the demand today during a discussion titled “Reform of SME Policy-2019 for Sustainable Growth and Innovation,” organised […]
Read MoreChanges in foreign currency assets are caused by the central bank’s intervention in the foreign exchange market as well as the appreciation or depreciation of foreign assets held in the reserves. India’s foreign exchange reserves dropped for a second consecutive week, falling to a one-month low of $690.43 billion as of Oct. 11, data from […]
Read MoreDespite the overall employment rate of nearly 97 percent, there are significant disparities in the labour market, particularly between rural and urban areas and across genders. The latest Labour Force Survey Quarterly Report (LFSQR) reveals that women are underrepresented in higher-paying jobs and earn less than their male counterparts. In the third quarter, the total […]
Read MoreOfficials express confidence the economy can achieve the government’s full-year growth target of around 5%. China’s economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and factory output figures beat forecasts last month a tumbling property sector remains a major challenge for Beijing as it races to revitalise […]
Read MoreChina will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), officials said Thursday in Beijing’s latest moves to reverse a slump in the property industry. Minister of Housing and Urban-Rural Development Ni Hong said during a news conference Thursday in Beijing that measures will […]
Read MoreKazakhstan’s airlines plan to open flights to Budapest, Riga, Vienna and Munich in the mid-term. To date, direct air traffic has been established with five European Union countries: Germany, Italy, the Netherlands, Poland, and the Czech Republic. Two Kazakh and three European air carriers operate 34 flights per week. During the summer, the number of […]
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