India’s Adani group will exit the consumer goods joint venture with Singapore’s Wilmar International in a deal valued at $2 billion as the Indian conglomerate focuses on core infrastructure business. Flagship company Adani Enterprises will sell a 13% stake in Adani Wilmar in an offer for sale, which makes the Fortune brand of sunflower oil, […]
Read MoreApplicant numbers, which surged by over 400,000 from last year and have tripled since 2014, reflect the huge demand for stability from disillusioned Gen Z Chinese and the lack of attractive options in the private sector even though local governments are struggling to pay wages due to a fiscal crisis. A record 3.4 million young […]
Read More2024 was already a dispiriting year for Boeing, the American aviation giant. But when one of the company’s jets crash-landed in South Korea on Sunday, killing all but two of the 181 people on board, it brought to a close an especially unfortunate year for Boeing. A machinists strike. Another safety problem involving its troubled […]
Read MoreKazakhstan’s government told Euronews that it has decided to send the downed Azerbaijan Airlines flight recorders to Brazil for the full and transparent disclosure of the tragedy. Kazakhstan has decided to send the downed Azerbaijan Airlines flight recorders to Brazil, Kazakhstan’s government sources told Euronews in a statement, in a move which indicates the country’s […]
Read MoreOn December 9, 2024, the first Political Consultative Meeting between the Ministries of Foreign Affairs of Mongolia and the Sultanate of Oman took place in Muscat, Oman. During the Consultative Meeting, non-resident Ambassador Extraordinary and Plenipotentiary of Mongolia to the Sultanate of Oman E. Bulgan and Head of the Asia and Pacific Department of the […]
Read MoreThe Royal Audit Authority (RAA) exposed major financial mismanagement, corruption, and irregularities in Pemagatshel Dzongkhag, making it the worst-performing dzongkhag among those reviewed. The Annual Audit Report 2023-24 highlighted Nu 4.74 million in misappropriated funds by the Zambala Farmers Group, which operates a Milk Processing Unit (MPU) in Norbugang gewog. Instead of depositing sales proceeds […]
Read MoreLumbini Buddhist University and Beijing Language and Culture University have signed a collaboration agreement in the presence of Prime Minister KP Sharma Oli. At an event held at the Prime Minister’s official residence in Baluwatar, officials from Lumbini Buddhist University and Beijing Language and Culture University exchanged the agreement documents. As per the agreement, both […]
Read MoreThe Taliban government says it will close all national and foreign nongovernmental organisations (NGOs) employing women in Afghanistan. In a letter published on X on Sunday night, the country’s Ministry of Economy warned that failure to comply with the latest order would lead to NGOs losing their licence to operate in Afghanistan. The directive came […]
Read MoreThe arrival of private jets to the Maldives has shown an uptick in numbers as the island nation is currently observing its peak tourism season. Tourist arrivals increase to the tropical destination as many of these travelers are escaping the winter season in their home countries but are still looking to celebrate the festivities that […]
Read MoreAccording to data from the Bangladesh Bank, remittances through formal channels totalled $26.67 billion from January to 28 December, an increase of about $4.7 billion from $21.92 billion in 2023. Bangladesh received nearly $27 billion in remittances this year – reflecting a 22% year-on-year increase – bolstered by a 9% rise in the official dollar […]
Read More
