Measures to ensure 100 percent of jet revenue enters local companies

Transport Minister Mohamed Ameen states measures will be implemented to ensure 100 percent of the revenue earned from handling private jets arriving in the Maldives goes to companies with local shareholders. Speaking at a press conference held at the President’s Office on Tuesday, Minister Ameen underscored that Maldives sees the arrival of a large number […]

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Nepal sees over 900,000 foreign tourists in 2024: Tourism Board

Nepal has witnessed a substantial increase in foreign tourist arrivals in 2024, with 940,732 visitors recorded over the first 10 months of the current fiscal year 2024/25, according to the Nepal Tourism Board (NTB). In October alone, 124,393 tourists arrived, marking a 6.4% rise compared to the same month last fiscal year, when 117,306 tourists […]

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Indonesia’s Mount Lewotobi Laki-Laki volcano erupts, killing 9 people

Mount Lewotobi Laki-laki, located on Flores Island, erupted on Sunday at 11.57 pm, belching a fiery-red column of lava, volcanic ash and blazing rocks, Hadi Wijaya, a spokesperson for The Center of Volcanology and Geological Hazard Mitigation. At least 10 people died after Mount Lewotobi Laki-laki in eastern Indonesia erupted near midnight on Sunday, spewing […]

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Indian rupee traders less worried about US elections than rest of Asia

The 1-month implied volatility on the dollar/rupee pair was at 2.3% on Monday, a day before the US elections, nearly on par with the year-to-date daily average. The options market is indicating that the Indian rupee traders were not too concerned about the potential flare-up in volatility post the US elections, a distinct contrast to […]

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EU’S Borrell visits South Korea amid alarm over North Korean troops in Russia

Borrell arrived in South Korea after a trip to Japan and visited the heavily fortified Demilitarized Zone separating the two Koreas, the diplomat said in a post on social media platform X on Sunday. The European Union’s foreign policy chief Josep Borrell holds talks on Monday with his South Korean counterpart Cho Tae-yul, amid growing […]

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Modi faces criticism for granting asylum to Sheikh Hasina in India!

Union Home Minister Amit Shah opened up about the infiltration issue during his election campaign in Jharkhand, India. He also dragged West Bengal. Now, while responding to that attack, Jharkhand Mukti Morcha (JMM) chief and Chief Minister Hemant Soren mentioned the issue of former Bangladesh Prime Minister Sheikh Hasina. His question is, ‘Why was Hasina […]

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China considers over $1.4 trillion in extra debt over next few years

The 6-trillion-yuan worth of debt would be raised over three years including 2024, said the sources, adding the proceeds would primarily be used to help local governments address off-the-books debt risks. China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to […]

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Marriage registrations in China drop for the first nine months of 2024

Growing economic uncertainty and rising living costs across the country have forced many young couples to delay marriage, a troubling sign for lawmakers who have been pushing policies to boost a shrinking population. China, which has been releasing a slew of measures to bolster its sagging population levels, recorded a drop in marriage registrations for […]

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China’s Premier Li Qiang to speak at import expo in Shanghai

Leaders from Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia and Serbia are among those expected for the opening ceremony and other events at the seventh import expo, which runs from Tuesday to Saturday in Shanghai. China’s Premier Li Qiang will deliver remarks at the opening ceremony of this week’s China International Import Expo, the Chinese commerce ministry […]

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