The construction sector shifted gears in October, looking past the election-related jitters, as the sector got into high gear, shifting to an expansion from a brief contraction in September. The Purchasing Managers’ Index (PMI) for the construction sector showed the index coming in at 54.3 for October, from 48.6 index points in September. The construction […]
Read MoreFinance Minister Lekey Dorji announced that the Nu 3.3 billion concessional credit line under the Economic Stimulus Programme (ESP) will now be managed by the Bhutan Development Bank Limited (BDBL). The decision, which aims to address operational inefficiencies and improve loan processing times, was made following a recent meeting between the Cabinet and the management […]
Read MoreBangladesh has been unable to secure compensation from industrialized nations due to a lack of relevant data, needed to estimate the amount of damage caused by climate change Ashraf Hossain – a resident of Kandla village under Kanighat Upazila of Sylhet, a city of eastern Bangladesh– has been hit by floods twice this year. The […]
Read MoreThe number of Chinese civilian ships near the important Philippine naval base of Thitu Island in the South China Sea has increased. However, a senior official of the country’s navy said that there is nothing to worry about. The British news agency Reuters reported this news, citing satellite images released on Thursday. Vice Admiral Alfonso […]
Read MoreSeveral states in Malaysia have been hit by severe flooding. Three people have died in the floods so far. More than 80,000 people have been evacuated. The government of the country was quoted as saying by Free Malaysia Today on Friday that this monsoon season could see the worst flooding in a decade. Floods are […]
Read MoreDong is the third consecutive serving or former Chinese defence minister to be investigated for alleged corruption, the FT reported, citing current and former US officials. China Defence Minister Dong Jun has been placed under investigation as part of a wide-ranging anti-corruption probe that has roiled the top ranks of the People’s Liberation Army, the […]
Read MoreWang made the remarks in a meeting with Deputy Prime Minister of Luxembourg Xavier Bettel in Beijing, the Chinese foreign ministry said in a statement. China and the European Union are partners rather than adversaries, Chinese Foreign Minister Wang Yi said on Monday, calling on the two sides to think from each other’s perspective and […]
Read MoreChinese hackers are positioning themselves in US critical infrastructure IT networks for a potential clash with the United States, a top American cybersecurity official said on Friday. Morgan Adamski, executive director of US Cyber Command, said Chinese-linked cyber operations are aimed at gaining an advantage in case of a major conflict with the US. Officials […]
Read MoreChina’s state media shrugged off US President-elect Donald Trump’s pledge to slap additional tariffs on Chinese goods in editorials late on Tuesday, accusing the former president of blaming China for the country’s failure to address the fentanyl crisis. Trump, who takes office on Jan. 20, said on Monday he would impose “an additional 10% tariff, […]
Read MoreBangladesh could face a potential 20% decline in exports to the European Union if it fails to implement timely and effective policies, especially in comparison to its close competitors, said experts and entrepreneurs at a discussion today (27 November). Additionally, the country’s upcoming graduation from Least Developed Country (LDC) status may further slow export growth, […]
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