Afghanistan Exports $257 Million in Dried Fruits Over 9 Months

In the first nine months of the current year, approximately $257 million worth of dried fruits has been exported from Afghanistan. According to Akhundzada Abdul Salam Jawad, spokesperson for the Ministry of Industry and Commerce, raisins, figs, pistachio kernels, almonds, and pine nuts are among the dried fruits exported to India, Pakistan, the United Arab […]

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No travel ban, U.S. advisory for Sri Lanka similar to popular destinations, says Envoy

U.S. Ambassador to Sri Lanka Julie Chung said there is no travel ban on Sri Lanka, and the security advisory for Sri Lanka remains at Level 2, similar to other popular destinations such as France, Italy and the Maldives. On October 23, the U.S. Embassy in Colombo restricted travel for its personnel to Arugam Bay […]

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Committee passes MVR 5.1bn supplementary budget

A parliamentary committee on Monday passed a supplementary budget of MVR 5.1 billion proposed by the government, without any changes. The MVR 5,119,508,129 supplementary budget was presented to the Parliament on Thursday. It will supplement the MVR 49.8 billion budget approved for the year, thereby increasing the 2024 budget to MVR 55 billion. The budget […]

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Bangladesh will soon receive power from India, project in last stages

Srivastava emphasised that India’s revised cross-border electricity policy, which permits neighbouring countries to use its grid, has made a substantial shift in regional cooperation. The countries have signed an agreement for the transmission of 40 megawatts of power from Nepal to Bangladesh through the Indian grid. Bangladesh will soon be connected to the Indian electrical […]

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‘Very determined effort to stand our ground’: Jaishankar lauds military, deft diplomacy over India-China LAC pact

External Affairs Minister S Jaishankar Saturday credited the breakthrough patrolling agreement with China along the Line of Actual Control (LAC) to the military and smooth diplomacy. Responding to a question during an interaction with students in Pune, Jaishankar said, “If today we have reached where we have… One is because of the very determined effort […]

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Pakistan requests China to increase currency swap agreement limit to 40 billion Yuan

Pakistan Finance Minister Muhammad Aurangzeb has requested the Chinese government to raise the limits of the currency swap agreement to 40 billion Chinese Yuan, ARY News reported. During a meeting with China’s Vice Minister of Finance, Liao Min, in Washington, DC, Aurangzeb reaffirmed Islamabad’s commitment to enhance the strategic partnership between Pakistan and China, as […]

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Reeko Moosa’s three islands announced for sale following failure to repay loan

Bank of Maldives (BML) has announced the sale of three islands in Laamu Atoll belonging to former deputy parliament speaker Moosa Manik (Reeko)’s company, Heavy Load Maldives Private Limited, developed as resorts following the company’s failure to repay a loan withdrawn from the Bank. The three islands announced for sale are: Fares Kuda Fares Boduhuraa […]

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Peace can be established in Bengal only when cross-border infiltration stops: Amit Shah

“Modi is determined to work towards the prosperity of Bengal…Bengal will become ‘Sonar Bangla’ and BJP will leave no stones unturned to ensure development here,” Shah said. Indian Union Home Minister Amit Shah on Sunday said that infiltration into India from the Indo-Bangladesh border will stop completely if the BJP comes to power in West […]

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Bangladesh expects to see export growth despite global trade shifts

Bangladesh expects substantial export growth, although the global trade dynamics have undergone significant shifts in recent years. A document of the Ministry of Finance expected the growth based on the projection of the World Trade Organisation (WTO). Although global trade experienced a contraction in 2023, it will increase in 2024 and onwards, according to the […]

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Bhutan PM highlights economic growth as key to closing wage gap

During the 9th meet-the-press, Prime Minister Tshering Tobgay addressed the persistent wage gap between Bhutan’s public and private sectors, acknowledging that this disparity remains a challenge for economic equality. He said that while salary alone cannot meet the needs of workers, bridging this gap was critical, and achieving it required robust economic development. The Prime […]

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