The government is formulating a mechanism to provide relief to depositors who had to pay 10 percent withholding tax whereas they earn less than Rs. 150,000 deposit interest a month, Minister of Labour Anil Jayantha said today. He told a news conference that the Inland Revenue Department will release the mechanism soon on how the […]
Read MoreThe second phase of four small hydropower projects, totaling 195 MW in capacity, is set to begin soon following the award of civil works contracts to contractors. The projects included in this phase are the 90 MW Jomori, 54 MW Gamri-I, 26 MW Druk Bindu I & II, and 25 MW Begana. The letters of […]
Read MoreAzerbaijan held a national day of mourning Thursday after a passenger jet from the flag carrier crashed in western Kazakhstan on Christmas Day, killing 38 of the 67 people onboard. The Embraer 190 aircraft was supposed to fly northwest from the Azerbaijani capital Baku to the city of Grozny in Chechnya in southern Russia, but […]
Read MoreSingapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction. Singapore doled out 13 crypto licenses in 2024 to a range of crypto operators including top exchanges OKX and Upbit, as well as global heavyweights Anchorage, BitGo and GSR. That’s more than […]
Read MoreOn December 24, 2024, Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai received Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Mongolia Shen Minjuan and Assistant General Manager of “China Energy” Group Kang Fengwei. At the meeting, the two sides exchanged views on the Gashuunsukhait-Gantsmod Cross-Border Railway Project. The Government of the People’s Republic […]
Read MoreThe Ministry of Tourism and Sports’ press service reported on Dec. 23 that accommodation facilities’ income increased by 27% this year, reaching 224 billion tenge (US$429.5 million). According to Kazakh Deputy Minister of Tourism and Sports Yerzhan Yerkinbayev, government support measures for private investors and business entities must be enhanced next year. Efforts to attract […]
Read MoreBhutan’s economic growth forecast for 2024 has been revised down to five percent, marking a 1.1 percent drop from earlier projections, primarily due to challenges in the domestic economy, including delays in Punatsangchhu-II Hydroelectric Project (PHPA-II) and a slow tourism recovery. According to the Macroeconomic Situation report from the Ministry of Finance, one of the main […]
Read MoreNepal and India share a multifaceted and deeply rooted relationship spanning history, culture, tradition, religion, and economics for centuries. Nepal-India close bonds symbolizes an open border, unhindered movement of people, marriages and familial ties known as ‘Roti-Beti ka Rishta’. Both counties enjoy excellent multidimensional bilateral ties since the two countries established diplomatic relations on 17 […]
Read MoreChina’s Defense Ministry has called the United States a war-addicted country. China believes that Washington has become the biggest threat to global security. Beijing has also accused the US Defense Department of distorting China’s defense policy and presenting it to the world. Ministry spokesman Zhang Xiaogang said that the US Defense Department report released this […]
Read MoreMusician Abhijit Bhattacharya made an explosive comment about ‘Bapu’ Mahatma Gandhi. Where he referred to this Indian freedom fighter as ‘the father of Pakistan’, which has started a huge uproar on social media. Recently, in a podcast, singer Abhijit Bhattacharya said that Mahatma Gandhi is the father of Pakistan, not of India. While talking about […]
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