Maldives has welcomed more than 1.5 million tourists so far in 2024, indicating a 9.5 percent increment compared to the corresponding period last year. According to the most recent updates from the Ministry of Tourism, tourist arrivals from January 01st to October 06th stood at 1,522,621 whereas in the same period in 2023, arrivals stood at 1,385,883. […]
Read MoreMaldives ensures an amicable investment environment in every economic sector, says President Dr. Mohamed Muizzu, who added investing in the Maldives will reap significant rewards. President Muizzu made the remarks at the India-Maldives Business Forum in New Delhi on Monday, during his ongoing state visit to India. While speaking at the forum, President Muizzu unveiled […]
Read MoreChina’s foreign exchange reserves totaled 3.3164 trillion U.S. dollars at the end of September, up by 28.2 billion dollars, or 0.86 percent compared to the end of August, official data showed Monday. The State Administration of Foreign Exchange said that the U.S. dollar index declined, and global financial asset prices generally increased last month. The […]
Read MoreThe amount of non-banking financial institutions (NBFIs) in the country has increased to Tk 24,711 crore, which is 33.15 percent of the total disbursed loans till June this year. According to the data of Bangladesh Bank, at the end of March, the amount of defaulted loans in this sector was 23 thousand 889 crores, which […]
Read MoreThe Ministry of Transport and Civil Aviation reports an increase in flights passing through Afghanistan’s airspace. Imamuddin Ahmadi, the spokesperson for the ministry, said that in the past week, around 350 flights have passed through the country’s airspace daily. The ministry’s spokesperson stated: “Recently, the number of transit flights through our airspace has significantly increased. […]
Read MoreIn a major change to how Bhutan does projects in the hydropower sector the Cabinet recently gave an in principal approval for the private sector to invest in hydropower. This is part of the government’s Renewable Energy Road Map by 2040 that aims to add 20,000 MW of renewable power by 2040. This means that […]
Read MoreThe North Face Everest Ski Project architected by top American climbers has ended citing a bad weather condition as well as time constraint after the team reached above Camp III via Hornbein Couloir route in Tibet. According to sources at the base camp, a team of rope fixing Sherpa climbers has been returning to the […]
Read MoreGross domestic product grew 7.4% year-on-year in the third quarter, surpassing the second quarter’s revised 7.09% expansion, the government’s General Statistics Office said in a report. Vietnam reported its strongest economic growth in two years in the quarter to end-September, as strong exports and industrial production and rising foreign investment offset the effects last month […]
Read MoreMongolia and the United States of America held an Energy Dialogue on October 1, 2024, at the Ministry of Foreign Affairs of Mongolia in Ulaanbaatar. The dialogue was attended by State Secretary of the Ministry of Foreign Affairs Munkhtushig Lhanaajav, State Secretary of the Ministry of Energy Tavinbekh Nansal, and Acting State Secretary of the Ministry of […]
Read MoreThe International Monetary Fund (IMF) emphasised that Sri Lanka must maintain its reform trajectory, warning that “important vulnerabilities” and “uncertainties” remain, despite the significant progress in key macroeconomic indicators. Responding to media queries on Thursday, IMF Communications Director Julie Kozack said Sri Lanka has begun to see an economic recovery, driven by the IMF programme, […]
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