The long-awaited tripartite power trade agreement was signed on Thursday in Kathmandu, paving the way for Nepal to export hydroelectricity to Bangladesh. Under the agreement, Nepal will export 40 megawatts of power to Bangladesh. Kulman Ghising, Executive Director of Nepal Electricity Authority (NEA), Mohammad Rezaul Karim, Chairperson of Bangladesh Power Development Board, and Renu Narang, […]
Read MoreDiscussions have been held between the Maldives and Saudi Arabia to enhance collaboration between Maldivian small and medium enterprises and Saudi Arabia’s businesses. The discussions took place during a meeting with Mr. Al-Husseini, the Governor of the Saudi Arabian Small and Medium Enterprises Authority, Al-Monsha’at, during Economic Minister Mohamed Saeed’s ongoing visit to Saudi Arabia. […]
Read MoreCash-strapped Sri Lanka’s economy recorded falling consumer prices for the first time in 29 years, official data showed Monday, with the September inflation figure dipping to negative 0.5 percent. Census and Statistics Department data showed price drops in both food and non-food goods contributing to deflation in September, compared to inflation of 0.5 percent in […]
Read MoreJaishakar told an event at Washington’s Carnegie Endowment for International Peace that unlike Japan, India had never been a treaty ally of another country. India does not share the vision for an “Asian NATO” called for by Japan’s new Prime Minister Shigeru Ishiba, Indian Foreign Minister Subrahmanyam Jaishankar said on Tuesday. Jaishakar told an event […]
Read MoreThe missile attack by Iran last night (Tuesday), which marks the second direct military confrontation between the two sides, has heightened concerns over the potential spread of conflict in the region. Moeen Gul Samakni, a political analyst, commented on the effects of Iran’s missile strike on Israel: “Israel will certainly retaliate. In any case, the […]
Read MoreThe Gelephu Mindfulness City (GMC) is poised to become a gateway between the world and South Asia, as well as the Vajrayana capital of the world. This vision was shared by Bjarke Ingels, founding partner and creative director of BIG, during the unveiling of GMC’s master plan at the Bhutan Innovation Forum yesterday. The GMC […]
Read MoreA high-level delegation from the International Monetary Fund (IMF) that arrived in Sri Lanka today held discussions with the economic team of the new government where they reviewed the IMF programme thus far, the President’s Media Division (PMD) said. The PMD said the IMF delegation arrived in Sri Lanka to engage with the newly formed […]
Read MoreMain opposition MDP’s leader Abdulla Shahid has called on the government to consider concerns raised by various parties on the Regulation on Foreign Currency and the Regulation on Money Changing Business. On Tuesday, the MMA published two new regulations aimed at increasing the flow of US Dollars in the Maldives. Subsequently, Maldives Association of Tourism […]
Read MoreAs many as 228 people have lost their lives while 25 others are still missing in the recent rain-induced floods and landslides. Another 158 people have sustained injuries. According to Home Ministry spokesperson Rishiram Tiwari, so far 13,071 people have been rescued from the flood-affected areas and search, rescue and relief assistance has been mobilized. […]
Read MoreIn the interest of national security, social media X was banned in Pakistan during the national elections last February. Both the government and the Pakistan Telecommunication Authority denied allegations of banning X during the election. In a written statement filed in court on Wednesday, the Home Ministry acknowledged the ban on X. “We are forced […]
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