The new direct connection has slashed transit times by over 50% and enhanced regional connectivity by eliminating the need for trans-shipment. More than 1,000 containers have been shipped between Pakistan and Bangladesh since the launch of the “first direct shipping route” between Bangladesh and Pakistan in October, according to Dubai-based port operator DP World. The […]
Read MoreSouth Korea’s suspended President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month. Yoon had not appeared for questioning as of 10 am (0100 GMT) on Christmas Day as requested by the Corruption Investigation […]
Read MoreUber, Delivery Hero and Foodpanda did not immediately respond to requests for comment outside regular business hours. Taiwan has blocked Uber Technologies’ $950 million purchase of Delivery Hero’s Foodpanda business on the island because of anti-competition concerns, Bloomberg News reported on Wednesday, citing Taiwan’s official Central News Agency (CNA). Uber, Delivery Hero and Foodpanda did […]
Read MoreThe world’s second-biggest economy has struggled this year, mainly due to a property crisis and tepid domestic demand. The World Bank raised on Thursday (26 December) its forecast for China’s economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector, would keep weighing it […]
Read MoreSingh, an economist-turned-politician who also served as the governor of the central bank, was ailing and admitted to the All India Institute of Medical Sciences in New Delhi, local media reported late on Thursday. India’s former Prime Minister Manmohan Singh, widely regarded as the architect of India’s economic reform program and a landmark nuclear deal […]
Read MoreAccording to the Mongolian Customs General Administration, over the first 11 months of 2024, Mongolia earned USD 8.181.5 million from coal exports, which is an increase of USD 250 million compared to the same period of the previous year. The amount of coal exported since the beginning of the year has reached 78,519.7 thousand tons, […]
Read MoreThe Ministry of Agriculture, Irrigation, and Livestock (AIL) has announced the completion of the process to purchase an additional 38,000 tons of wheat from farmers across the country. Officials of the ministry emphasized that, under the directive of the leader of the Islamic Emirate, wheat worth over one billion afghani has been purchased from farmers, […]
Read MoreThe Pakistani military conducted air raids in neighbouring Afghanistan late on Tuesday night, targeting hideouts of the Pakistan Taliban, known by the acronym TTP, armed group in Paktika province, according to security officials. While no official statement was issued by Pakistan’s Ministry of Foreign Affairs or military media wing, the Inter-Services Public Relations (ISPR), sources […]
Read MoreTwenty years ago, on December 26, 2004 the diminutive Maldive islands and its people witnessed the most harrowing and haunting crises the country had ever faced. It was in fact an unprecedented and daunting experience for many, mostly because it had not come with any forewarning. On the morning of that fateful day, a 9.0 […]
Read MoreSri Lanka has welcomed its 2 millionth tourist who arrived from Bangkok this year, at the Bandaranaike International Airport (BIA), after a five-year gap. This marks the fourth time in history that annual tourist arrivals have surpassed 2 million, with previous instances occurring in 2016, 2017 and 2018. Deputy Minister of Tourism Ruwan Ranasinghe and […]
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