New suspension bridge to enhance access to Koma Tshachu, promoting sustainable tourism

A new 50-metre suspension bridge, designed to improve visitor accessibility to Koma Tshachu (hot spring) and support the local economy of Goenshari Gewog in Punakha, was officially opened to the public on November 25. The construction of the bridge, along with other amenities, was made possible with a funding assistance of Nu 3.7 million from […]

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Power generated by Sanjen Hydropower Project linked to Nepal national grid

The initial unit of electricity from this project was integrated into the national grid last evening. Located in Amachodingmo-5, Rasuwa, the project has the capacity to produce 42.5 megawatts of electricity. The first unit of the electricity generated from Sanjen has been connected to the national transmission line after all technical tests were successfully completed, […]

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Indian media’s statements are harmful to healthy relations: Bangladesh’s foreign affairs adviser

Bangladesh’s foreign affairs adviser Md. Towhid Hossain has said that India needs to address Bangladesh’s long-standing concerns to improve bilateral relations between Dhaka and New Delhi. He was speaking at a roundtable discussion titled ‘Bangladesh-India Relations: Expectations, Obstacles and Future’. Towhid said, ‘The previous (deposed) government of Bangladesh had addressed India’s concerns. But India has […]

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Afghanistan Nears Self-Sufficiency in Poultry Production

The Ministry of Agriculture, Irrigation, and Livestock of Afghanistan said that since the return of the Islamic Emirate to power, the number of poultry farms in the country has increased from 3,000 to 15,000. Misbahuddin Mustaeen, the spokesperson for the ministry, emphasized that Afghanistan has now nearly achieved self-sufficiency in poultry meat production. “When the […]

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Sri Lanka launches probe into Adani projects after US charges

Sri Lanka has opened an investigation into the local investments of India’s Adani Group in the wake of US bribery charges against its tycoon founder, government spokesman Nalinda Jayatissa said Tuesday. Jayatissa, speaking at the first cabinet briefing of President Anura Kumara Dissanayake’s new government, said both the finance and foreign ministries had been asked […]

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The Maldives raises tourism taxes: Here’s what’s changing

It’s about to get more expensive to visit the Maldives. Starting January 1, 2025, the Maldives Green Tax will increase significantly, with most hotels and resorts charging $12 per person, per night – double the current rate. Smaller establishments with fewer than 50 rooms will see a reduced rate of $6 per person, per night. Additionally, […]

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Sri Lanka’s construction sector regains momentum after election-related uncertainty

The construction sector shifted gears in October, looking past the election-related jitters, as the sector got into high gear, shifting to an expansion from a brief contraction in September. The Purchasing Managers’ Index (PMI) for the construction sector showed the index coming in at 54.3 for October, from 48.6 index points in September. The construction […]

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Bhutan’s Ministry of Finance transfers 3.3 billion concessional credit line to BDBL

Finance Minister Lekey Dorji announced that the Nu 3.3 billion concessional credit line under the Economic Stimulus Programme (ESP) will now be managed by the Bhutan Development Bank Limited (BDBL).  The decision, which aims to address operational inefficiencies and improve loan processing times, was made following a recent meeting between the Cabinet and the management […]

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Despite soaring floods, Bangladesh grapples with acute funds

Bangladesh has been unable to secure compensation from industrialized nations due to a lack of relevant data, needed to estimate the amount of damage caused by climate change Ashraf Hossain – a resident of Kandla village under Kanighat Upazila of Sylhet, a city of eastern Bangladesh– has been hit by floods twice this year. The […]

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Bangladesh risks 20% export decline to EU due to EU-Vietnam FTA, LDC graduation

Bangladesh could face a potential 20% decline in exports to the European Union if it fails to implement timely and effective policies, especially in comparison to its close competitors, said experts and entrepreneurs at a discussion today (27 November). Additionally, the country’s upcoming graduation from Least Developed Country (LDC) status may further slow export growth, […]

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