New government not taking hasty decisions on SOE restructuring : Sri Lankan President’s Economic Advisor

Senior Economic Advisor to the President Duminda Hulangamuwa claims that the new government is encouraging the private sector to be at the forefront of economic development in the country. However, he noted that the government will retain control over strategic sectors of public interest. Joining Ada Derana’s current affairs program, ‘@HydePark’, Hulangamuwa highlighted that the […]

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by Mahadi

New suspension bridge to enhance access to Koma Tshachu, promoting sustainable tourism

A new 50-metre suspension bridge, designed to improve visitor accessibility to Koma Tshachu (hot spring) and support the local economy of Goenshari Gewog in Punakha, was officially opened to the public on November 25. The construction of the bridge, along with other amenities, was made possible with a funding assistance of Nu 3.7 million from […]

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by Mahadi

Power generated by Sanjen Hydropower Project linked to Nepal national grid

The initial unit of electricity from this project was integrated into the national grid last evening. Located in Amachodingmo-5, Rasuwa, the project has the capacity to produce 42.5 megawatts of electricity. The first unit of the electricity generated from Sanjen has been connected to the national transmission line after all technical tests were successfully completed, […]

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by Mahadi

Indian media’s statements are harmful to healthy relations: Bangladesh’s foreign affairs adviser

Bangladesh’s foreign affairs adviser Md. Towhid Hossain has said that India needs to address Bangladesh’s long-standing concerns to improve bilateral relations between Dhaka and New Delhi. He was speaking at a roundtable discussion titled ‘Bangladesh-India Relations: Expectations, Obstacles and Future’. Towhid said, ‘The previous (deposed) government of Bangladesh had addressed India’s concerns. But India has […]

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by Mahadi

Renewable Energy Projects Being Implemented in the Western Region of Mongolia

The Government of Mongolia and the Asian Development Bank (ADB) are jointly implementing new projects to increase renewable energy sources in the western region of Mongolia. Specifically, energy storage stations have been constructed and commissioned to connect solar and wind power plants with a total capacity of 40.5 MW to the Altai-Uliastai energy system. Moreover, […]

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by Mahadi

Kazakhstan and China Cooperate to Build $114 Million Wind Turbine Component Plant

Kazakhstan’s Samruk Kazyna Sovereign Wealth Fund and China’s SANY Renewable Energy (RE) laid the foundation for the construction of a $114 million plant to produce wind turbine components on Nov. 29 in the Zhambyl Region, reported SANY’s press service. Kazakhstan and China Cooperate to Build $114 Million Wind Turbine Component Plant in the Zhambyl Region. […]

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by Mahadi

Elderly community leaders to join poverty reduction efforts in Uzbekistan

Uzbekistan will engage active elders in poverty reduction in their mahallas (neighborhoods) with a monthly payment. Nuroniy foundation will allocate 10 million soums ($777) annually to each of about 10,000 mahallas for elderly sports programs. A total of $39 m will be provided from the state budget. Uzbekistan will engage respected and experienced elders in […]

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by Mahadi

Afghanistan Nears Self-Sufficiency in Poultry Production

The Ministry of Agriculture, Irrigation, and Livestock of Afghanistan said that since the return of the Islamic Emirate to power, the number of poultry farms in the country has increased from 3,000 to 15,000. Misbahuddin Mustaeen, the spokesperson for the ministry, emphasized that Afghanistan has now nearly achieved self-sufficiency in poultry meat production. “When the […]

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by Mahadi

Sri Lanka launches probe into Adani projects after US charges

Sri Lanka has opened an investigation into the local investments of India’s Adani Group in the wake of US bribery charges against its tycoon founder, government spokesman Nalinda Jayatissa said Tuesday. Jayatissa, speaking at the first cabinet briefing of President Anura Kumara Dissanayake’s new government, said both the finance and foreign ministries had been asked […]

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by Mahadi

The Maldives raises tourism taxes: Here’s what’s changing

It’s about to get more expensive to visit the Maldives. Starting January 1, 2025, the Maldives Green Tax will increase significantly, with most hotels and resorts charging $12 per person, per night – double the current rate. Smaller establishments with fewer than 50 rooms will see a reduced rate of $6 per person, per night. Additionally, […]

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by Mahadi

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