US cancels $39 million in aid for Nepal’s federalism and biodiversity projects

The US government has cancelled $39 million in aid allocated for Nepal’s federalism and biodiversity conservation projects. The funding included $20 million for fiscal federalism and $19 million for biodiversity conservation, the US Department of Government Efficiency said in a post on X. US taxpayer dollars were going to be spent on the following items, all […]

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Prime Minister of Mongolia on a Working Visit to the People’s Republic of China

Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai is on a working visit to the People’s Republic of China. As part of the working visit, Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai will meet with Premier of the State Council of the People’s Republic of China Li Qiang on February 14, 2025. After the meeting, the two sides […]

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Arrest warrants issued for both Suu Kyi and junta chief

An Argentine court has issued arrest warrants for Myanmar junta leader Min Aung Hlaing and ousted leader Aung San Suu Kyi, who are under house arrest, on charges of “genocide” and “crimes against humanity” against the Rohingya. However, Myanmar authorities have criticized the warrant, Arab News reported. This week, an Argentine court issued arrest warrants […]

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Four soldiers, 15 terrorists killed in two operations in Pakistan

The Pakistan Army’s media wing said that 15 terrorists were killed in two separate operations in Khyber Pakhtunkhwa. Four soldiers were also martyred in the clashes. Geo News reported. A statement by the country’s Inter-Services Public Relations (ISPR) said that nine terrorists were killed during an intelligence-based operation (IBO) in the Hathala area of ​​Dera […]

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RMGs secure strong orders, defying odds over last six months

Bangladesh’s readymade garment (RMG) industry remains resilient, securing steady export orders over the last six months through January. Most buyers are ramping up purchases amid strong retail demand in key markets such as the US and EU. The shift of orders from China, driven by the US government’s plan to impose tariffs on Chinese goods, […]

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Herat’s pistachio exports to Afghanistan reach nearly $25 million this year

The Herat Chamber of Commerce and Investment says that in the current solar year, nearly $25 million worth of pistachios have been exported abroad. According to officials at the chamber, pistachio exports from Herat this year have increased by 21% compared to last year. Besides pistachios, other types of dried fruits have also been exported […]

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State revenue continues to decline; import duty alone has decreased by 64%

State revenue declined by close to 19 percent in the first five weeks of the year compared to the same period last year, according to the latest weekly fiscal updates released by the Finance Ministry. The latest updates show the state earned 3.36 billion in revenue and grants as of February 6, compared to the […]

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Businesses in Phuentsholing struggle to rebound

Phuentsholing—Despite an uptick in the number of Indian tourists visiting Phuentsholing, local businesses in the country’s commercial hub are struggling to bounce back from the pandemic’s impact. In a clear sign that Phuentsholing’s economy is still struggling to recover, hotels and other businesses report low customer footfall even during traditionally busy seasons. This is despite […]

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Sri Lanka’s new president presents first budget with focus on crisis recovery

Sri Lanka’s new President Anura Kumara Dissanayake will outline the government’s revenue and policy goals in his first full-year budget on Monday, seeking to extend the country’s recovery from a financial crisis and signal its alignment with a $2.9 billion IMF bailout program. A severe drain in dollar reserves plunged the island nation into turmoil […]

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Rubio says U.S. wants stable relationship with South Korea, South Korean ministry says

U.S. Secretary of State Marco Rubio told South Korea’s Foreign Minister that the United States wants to maintain a stable trust relationship with South Korea regardless of the domestic situation of either country, the South Korean ministry said in a statement on Friday. Rubio and South Korean Foreign Minister Cho Tae-yul agreed in a meeting […]

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