The Maldives Monetary Authority (MMA) has reported that a total of 98 parties have submitted for money exchange license under the newly enacted Foreign Exchange Regulation, while 163 of the previously issued licenses have been cancelled. Under the “Foreign Exchange Regulation” two tiers of licenses are issued, which include ‘Tier 1’ and ‘Tier 2’ money […]
Read MoreThe National Statistics and Information Authority has announced that Afghanistan exported goods worth over $667 million in the first six months of the current solar year. According to the spokesperson of this authority, the value of exports in the first six months of this year decreased by nearly $54 million compared to the same period […]
Read MoreThe Board of Investment (BOI) of Sri Lanka has entered into a collaboration deal worth US$ 7.25 million to kick start a mixed development project in Colombo 03. The project carried out in partnership with K.K. N.holdings will feature the construction of an exclusive 19-storey office space building in the city, according to a BOI […]
Read MorePemagatshel—Four years ago, Tashi Dhendup from Shumar, Pemagatshel, quit his job in tourism due to Covid-19. This left him at a crossroads, as the tourism industry, had supported his family financially. With few options available, he returned home and started farming. However, he was discouraged by human-wildlife conflicts. Then he started Lotus Eco-Lodge. Tashi Dhendup and […]
Read MoreA suite of problems continues to plague this fuel, further complicated by political unrest throughout the country in July and August 2024 The global energy transition away from coal has accelerated over the past ten years, evident by the fact that the number of nations with coal power under development [pre-construction and construction] has nearly […]
Read MoreBRICS wants to expand its trade and economy by breaking away from the US. This organization, which consists of 9 countries, wants to introduce a separate currency instead of the US dollar. With which they will trade goods among themselves. Brazil, Russia, India, China, South Africa and the rest of the BRICS countries have agreed […]
Read MoreWest Bengal musician Kabir Suman has always been vocal about the situation in Bangladesh. He writes on Facebook on various issues in Bangladesh. While discussing a poem by West Bengal poet, lyricist and producer Srijat Banerjee, Suman wrote on Facebook without naming anyone, ‘When Felani was hanging from the barbed wire fence of the border, […]
Read MoreThe Economic Deputy Office of the Prime Minister’s Office has announced that approximately 3 billion afghani have been saved in the contracts of projects approved by the National Procurement Commission. According to this office, the National Procurement Commission has so far approved 317 large and small projects with a total value of about 85 billion […]
Read MoreThe statistics from the Ministry of Finance has revealed that half of the projected MVR 1.27 billion in grants was not received to the Maldives government this year. The ministry shared its Weekly Fiscal Developments as of November 21st, which provides insight of the government’s cumulative expenditure and revenues. According to the statistics for the […]
Read MoreSenior Economic Advisor to the President Duminda Hulangamuwa claims that the new government is encouraging the private sector to be at the forefront of economic development in the country. However, he noted that the government will retain control over strategic sectors of public interest. Joining Ada Derana’s current affairs program, ‘@HydePark’, Hulangamuwa highlighted that the […]
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