Maldives government has submitted a bill to the parliament seeking to double Green Tax, levied on tourists, and increase Tourism Goods and Service Tax (TGST) and airport taxes. Crucial three bills have been submitted to the Parliament by the government as the Parliament is set to reconvene after recess on Monday. West Maafannu MP Mohamed […]
Read MoreChandra Nahar, Nepal’s oldest irrigation system, has incurred damages worth over Rs5 million due to recent flooding. Several sections of the main canal’s dykes have collapsed, causing extensive harm. The Chandra Nahar, completed in 1928, has sustained damage at two locations in Diwan, Tirahut Rural Municipality-4, according to Badri Narayan Yadav, president of the Chandra […]
Read MoreIndia’s economic growth forecast for the current fiscal year, ending in March 2025, was revised to 7% year-on-year, up from April’s estimate of 6.6%, helped by a rebound in agricultural output and increased private consumption. The World Bank raised its growth forecast for South Asia to 6.4% in 2024 from an earlier estimate of 6.0%, […]
Read More“Vital discussion with Foreign Secretary Jashim Uddin on US-Bangladesh humanitarian cooperation, accountability and democratic institutions, and support for labour rights,” she said. The United States values Bangladesh as a “partner” in the Indo-Pacific region and their “strong collaboration” as their leading partner on Rohingya response and number one source of Foreign Direct Investment (FDI), US […]
Read MoreThe auction offerings were relatively static and totalled 5.8 million kilogrammes. There was fair demand though the prices tended to weaken as the sale progressed. The volatility of the currency and strengthening of the Sri Lankan rupee, over the past several days, adversely impacted the rupee tea prices. The Ex-Estate offerings too were fairly similar […]
Read MoreThe contract for the exploration and extraction of gas from the Tuti Maidan area in Jawzjan province was signed today (Thursday) between the Ministry of Mines and Petroleum and an Uzbek company. Hidayatullah Badri, the acting Minister of Mines and Petroleum, said that the contract is valid for ten years, and nearly one billion dollars […]
Read MoreMaldives state has earned a revenue of MVR 2.30 billion in September 2024, which is a 93.1 percent increment compared to the same month last year. According to the Maldives Inland Revenue Authority (MIRA), which published the revenue report, this significant increment is mainly due to the significant increment in GGST, TGST and Tourism Land […]
Read MoreSetting aside pricing concerns, supply concerns and legal challenges could keep Bangladesh in the power purchase agreement with India’s Adani Power. Reuters reported the information on Friday (October 11) citing two sources familiar with the matter. According to the report, the new government has set up a panel to scrutinize whether its predecessor’s contracts, particularly […]
Read MoreAt least 20 workers were killed when gunmen attacked a private coal mine in southwestern Pakistan. Seven more people were injured in this incident. On Friday (October 11), the news agency AP reported this information about the police. Humayun Khan, a city police official, said that a group of armed men attacked the mines of […]
Read MoreAFTER CALLING India a “tariff king” and a “trade abuser” in the run-up to the US presidential elections, Republican nominee and former president Donald Trump has now vowed to introduce a reciprocal tax against India if elected to office next month. Speaking in Detroit, Trump said the US is liberal when it comes to tariffs, […]
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