Kazakhstan and Afghanistan Aim to Triple Trade Volume to $3 Billion

Nooruddin Azizi, acting minister of industry and commerce, announced at a government media center event that an agreement has been reached to increase the trade volume between Afghanistan and Kazakhstan to $3 billion. Azizi, explaining the outcomes of the Islamic Emirate and Kazakhstan delegations’ visits, stated that the current trade volume between Afghanistan and Kazakhstan […]

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China, Japan foreign ministers meet in Beijing, seafood trade on agenda

It would be Takeshi Iwaya’s first visit to the Chinese capital since he became Japan’s foreign minister in October and he is scheduled to hold talks with China’s Foreign Minister Wang Yi and meet other Chinese officials. Talks on seafood trade are expected to be on the agenda on Wednesday when Japan’s foreign minister visits […]

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Bangladesh-Pakistan direct shipping route starts delivering results: DP World

The new direct connection has slashed transit times by over 50% and enhanced regional connectivity by eliminating the need for trans-shipment. More than 1,000 containers have been shipped between Pakistan and Bangladesh since the launch of the “first direct shipping route” between Bangladesh and Pakistan in October, according to Dubai-based port operator DP World. The […]

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Singapore pulls ahead of Hong Kong in race to become digital-assets hub

Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction. Singapore doled out 13 crypto licenses in 2024 to a range of crypto operators including top exchanges OKX and Upbit, as well as global heavyweights Anchorage, BitGo and GSR. That’s more than […]

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China Expresses Readiness to Resolve Gashuunsukhait-Gantsmod Cross-Border Railway Project Issues

On December 24, 2024, Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai received Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Mongolia Shen Minjuan and Assistant General Manager of “China Energy” Group Kang Fengwei. At the meeting, the two sides exchanged views on the Gashuunsukhait-Gantsmod Cross-Border Railway Project. The Government of the People’s Republic […]

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Central Bank of Sri Lanka penalises Indian Bank

The Central Bank of Sri Lanka – Financial Intelligence Unit has penalised state-owned Indian Bank for failing to conform to the provisions of the Financial Transactions Reporting Act, No.6 of 2006 (FTRA) of Sri Lanka. It has imposed a monetary penalty of Sri Lankan rupees (LKR) two million, which is approximately Rs 5.8 lakh, Indian Bank informed the stock exchange […]

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WB to continue support for key reform initiatives, Seck tells CA

The World Bank approved nearly $1.2 billion in three financings to help Bangladesh build climate resilience and environmental sustainability while improving health, nutrition, and water and sanitation services. Outgoing World Bank Country Director to Bangladesh Abdoulaye Seck today pledged support of the World Bank for key reform initiatives that the Bangladesh interim government has undertaken. […]

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Nepalis look to rear buffaloes after China offers mega meat deal

In Majhthana, a remote hill station in Kaski district, Chandra Kanta Ghimire, a returnee migrant, wakes up early to cook khole (a soup of maize flour and vegetables) to feed his buffaloes. He has minimal green fodder, so he supplements their diet with a mixture of dry straw. Ghimire owns 10 Murrah buffalos. These water […]

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China-Kyrgyzstan-Uzbekistan railway project to commence on December 27

On December 27, official work will launch the China-Kyrgyzstan-Uzbekistan railway project. This was announced by Kyrgyz President Sadyr Japarov at the III People’s Kurultai on December 20. When we started this project, there were those who did not believe in it, considering it a fairy tale. However, today you have all witnessed that this is […]

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Ship from Pakistan arrives in Chittagong with double the cargo

For the second time in the country’s history, a container ship has arrived at Chittagong Port directly from Pakistan. This time, the ship is carrying sugar, sugarcane molasses, dolomite, soda ash, three-piece, dates and various other products. It is said that 86 percent of these products came from Pakistan. The largest amount of these products […]

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