MVR 2 billion has been earned from Airport Development Fee (ADF) and Departure Tax so far this year. Statistics publicized by the Finance Ministry showed that revenue earned from ADF and Departure Tax exceeded the projected amount as of December 5th. In this regard, MVR 1.06 billion has been earned from ADF so far this […]
Read MoreTo achieve a USD five billion economy and a gross domestic product per capita (GDP) exceeding USD 6,174 by 2029, the government has projected a Nu 225.59 billion GDP contribution from the identified seven sectors. This is according to the draft 13th Plan. Under the Plan, the agriculture sector’s contribution is expected to increase from […]
Read MoreThe Arakan Army (AA), an ethnic armed group in Rakhine, has been fighting the ruling junta government in Myanmar for a long time. On Sunday (December 8), the armed group captured a battalion of the Border Guard Police (BGP) deployed to protect Maungdaw in Rakhine state, which borders Bangladesh. The country’s media outlet The Irrawaddy […]
Read MoreAt its regular meeting, the Monetary Policy Committee (MPC) of the Central Bank of Mongolia decided to maintain the policy interest rate at 10 percent and increase the minimum reserve requirement in both domestic and foreign currency by 1 percentage point, reaching 11 percent and 16 percent respectively. Annual inflation rose to 8.1 percent nationwide in […]
Read MoreElectricity consumption reached a record level on December 11-12 in Kyrgyzstan. The Ministry of Energy reported. The ministry acknowledges that due to the onset of winter and a drop in air temperature, the population began to consume more electricity. As of December 12, at least 3,612 megawatts of electricity were consumed, daily electricity consumption reached 78,931 million kilowatt-hours. Such an indicator has never been registered in the history of Kyrgyzstan. The last […]
Read MoreGeological studies in 2024 identified 60 promising areas with inferred resources of noble, non-ferrous and ferrous metals, said Chairman of the Committee of Geology of Kazakh Ministry of Industry and Construction Erlan Akbarov during the press conference at Central Communications Service on Dec. 12. As a result of geological exploration, 27 solid mineral deposits, 10 […]
Read MoreHasibullah Noori, spokesperson for the Central Bank of Afghanistan, has announced the collection of nearly eight billion afghani in worn-out currency by the bank over the past year. The spokesperson highlighted the continuation of the process to collect worn-out banknotes and once again urged the citizens of the country to focus on preserving banknotes in […]
Read MoreSouth Korean lawmakers have impeached President Yoon Suk Yeol over his failed martial law bid, with the opposition declaring a “victory of the people”. The vote took place on Saturday as hundreds of thousands took to the streets of Seoul in rival rallies for and against Yoon, who launched a failed attempt to impose martial […]
Read MoreMaldives has enacted legislature compelling tourist establishments to exchange a portion of USD revenue at local banks. The foreign currency bill was ratified by President Dr. Mohamed Muizzu on Saturday – two days after it was passed by the Parliament. The new legislature is set to take effect next year. The foreign exchange regulation introduced on October […]
Read MoreThe United States is working closely with the interim government of Bangladesh on various issues, including the security of minorities, White House security and communications adviser John Kirby said. He said this in response to a question at a regular briefing at the White House on Thursday (December 12). In response to a question from […]
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