Kazakhstan Approves Concept for Development of Hydrogen Energy Until 2030

Kazakhstan’s Energy Ministry has officially endorsed the concept for the development of hydrogen energy in Kazakhstan until 2030 on Sept. 27. This document will become a key guideline for the development of the hydrogen energy sector in the country and will make a significant contribution to solving environmental challenges. The concept includes such important areas […]

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Government of Bhutan to review ICM Act to strengthen cyber security

In the past four years, Bhutan recorded 650 cases of cybersecurity threats and attacks, with 204 incidents occurring in 2024 alone. These cases range from abusive content and fraud to system vulnerabilities and intrusion attempts. In response to these escalating threats, the Bhutan Computer Incident Response Team (BtCIRT) under GovTech plans to implement the action […]

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Masterplan announced for application of AI for economic benefit in Maldives

President Dr. Mohamed Muizzu, at the recommendation of his cabinet, has announced the formulation of a masterplan, in accordance with regional best practices, on the application of artificial intelligence for economic advantage. The decision was reached after deliberations during a cabinet meeting held on Wednesday. As per the President’s Office, the masterplan consists of risk […]

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Japan PM seeks extra budget exceeding 13 trillion yen: Nikkei

“Last year’s supplementary budget was 13 trillion yen, and I would like to ask for a larger supplementary budget than that, and have it deliberated and passed by the parliament,” Ishiba was quoted as saying on Tuesday during a stump speech as the campaigning for the lower house election kicks off. Japanese Prime Minister Shigeru […]

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Nepal receives Rs263 Billion in remittances in second month of fiscal year

The country received over NPR 263 billion in remittances during the second month of the current fiscal year, compared to NPR 228.37 billion in the same period last year. “Remittance inflows increased by 15.2 percent to NPR 263.14 billion during this period, following an 18.7 percent rise in the same period of the previous year,” […]

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Bhutan Government slashes tourist arrival targets

Given the ongoing trend of tourist arrival in the country, the government has significantly lowered its annual targets for tourist arrivals, aiming for 150,000 visitors this year and 250,000 next year. This is according to the macroeconomic situation report recently published by the Department of Macro-fiscal and Development Finance under the Ministry of Finance. The […]

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Bangladesh Govt’s bank borrowing nearly doubles in Jul-Sep

The government has nearly doubled its borrowing from commercial banks in the first three months of the current fiscal year compared to the equivalent period last year, primarily due to lower revenue collection. Bankers also attributed the increased government borrowing to high interest rates on treasury bills and bonds, which have become an attractive investment […]

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E-waste recycling offers $500m annual business potential for Bangladesh: Experts

Compliant e-waste recycling could provide Bangladesh with a $500 million annual economic opportunity if the country formally manages all its electrical and electronic waste, which is currently either being informally recycled or discarded into the environment, said experts at a seminar yesterday. The seminar, titled “The Formal E-Waste Management 2024,” was organised by the WEEE […]

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China flags more fiscal stimulus for economy, leaves out key details on size

Finance Minister Lan Foan told a press conference Beijing will help local governments tackle their debt problems, offer subsidies to people with low incomes, support the property market and replenish state banks’ capital, among other measures. China pledged on Saturday to “significantly increase” debt to revive its sputtering economy, but left investors guessing on the […]

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