Bangladeshi Hasan won an award at the oil and gas industry fair in Malaysia

Expatriate Bangladeshi researcher Hasan Tarif received the inventor’s award at the oil and gas industry fair in Malaysia. He received this award for the invention of optical fiber radiation survey meter. In the recently held three-day long oil and gas industry fair, Malaysia Petroleum (Petronas) Elip Sdn Bhd’s product development advisor, researcher. Zubair presented the […]

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China stocks extend stimulus rally as rest of Asia struggles

The dollar dipped to a fresh one-month low versus the euro and a 2 1/2-year trough to sterling after weak US macroeconomic data overnight boosted the case for a second super-sized interest rate cut at the Federal Reserve’s next meeting. Gold renewed an all-time peak. Chinese stocks made brisk gains on Wednesday, extending their stimulus-fueled […]

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Bhutan Domestic electricity consumption to outstrip production by 2026

Bhutan’s domestic electricity demand is anticipated to surge by 232 percent by 2026, significantly outpacing expected export demand, according to June projections from the finance ministry. This increase will see domestic consumption rise from Nu 8.27 billion last year to an estimated Nu 27.43 billion in the next two years. Although the ministry’s forecast indicates […]

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Ringgit poised for gains next week amid positive market signals

The ringgit is expected to continue appreciating next week, despite traders remaining cautious about key United States economic indicators, said an analyst. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid told Bernama that several important data points to keep an eye on, including the US ISM index for the manufacturing sector, the […]

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Mongolia’s Credit Rating Upgraded to “B+ Stable”

After a decade, Fitch Ratings has upgraded Mongolia’s credit rating to “B+ with a stable outlook,” indicating improved economic conditions. This upgrade suggests that Mongolia’s economic performance is approaching levels last seen in 2012. Prime Minister Oyun-Erdene Luvsannamsrai highlighted that this positive development will boost the implementation of 14 mega-projects announced by the Government. A […]

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Building a strong economy in Bangladesh is the main goal: Dr. Yunus

The chief advisor of the interim government said that our main goal at the moment is to correct the mistakes of the past and build a competitive and strong economy and a justice-based social system. Muhammad Yunus. He said this in his speech at the 79th session of the United Nations General Assembly on Friday. […]

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Maldives President Muizzu discusses integration of AI in public service with Google

Maldives President Dr. Mohamed Muizzu, on Friday, visited and toured the Google Office in New York. He was received at the Google Office by Public Sector CEO Karen Dahutin. Following a tour of the office, he met with the Google team and discussed areas for collaboration regarding the integration of AI in public service delivery, promotion […]

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Oil and gas industry fair is going on in Malaysia, 70 countries have participated

A three-day oil and gas industry fair is underway in Malaysia with the participation of 70 countries. The 20th edition of ‘Oil & Gas Asia OGA-2024’, Southeast Asia’s premier industry event for oil, gas, energy and petrochemical sectors, has kicked off to drive dialogue and investment opportunities to build a greener future. Malaysian Finance Minister […]

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IMF report: Bangladesh’s economy risk fears have eased

The apprehension of possible risks to the overall economy of Bangladesh has decreased a lot. Now, to move the country forward, the foreign sector needs to improve considerably. The supply of foreign currency should be increased. Through this, stability should be brought back to the local currency. For this the government has to take some […]

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