All-sector investments welcome in Maldives: President Muizzu

Maldives ensures an amicable investment environment in every economic sector, says President Dr. Mohamed Muizzu, who added investing in the Maldives will reap significant rewards. President Muizzu made the remarks at the India-Maldives Business Forum in New Delhi on Monday, during his ongoing state visit to India. While speaking at the forum, President Muizzu unveiled […]

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Islamic Emirate Refers to October 7 as “Dark Day” in Country’s History

Twenty-three years ago, on October 7, 2001, the United States launched its airstrikes on Afghan soil. The Islamic Emirate, in recognition of this day, stated that the US attack on Afghanistan took the lives of thousands of people and that, in the end, the country and its allies were defeated and driven out of Afghanistan. […]

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China’s foreign exchange reserves up 0.86 pct in September

China’s foreign exchange reserves totaled 3.3164 trillion U.S. dollars at the end of September, up by 28.2 billion dollars, or 0.86 percent compared to the end of August, official data showed Monday. The State Administration of Foreign Exchange said that the U.S. dollar index declined, and global financial asset prices generally increased last month. The […]

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Non-performing loans of financial institutions in Bangladesh increased to Tk 24,711 crore, one-third of total loans

The amount of non-banking financial institutions (NBFIs) in the country has increased to Tk 24,711 crore, which is 33.15 percent of the total disbursed loans till June this year. According to the data of Bangladesh Bank, at the end of March, the amount of defaulted loans in this sector was 23 thousand 889 crores, which […]

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Under the pretext of phytosanitary concerns, Russia halts the export and transit of grain from Kazakhstan

Russia has effectively stopped the export and transit of Kazakh grain.  The Federal Service for Veterinary and Phytosanitary Supervision of Russia (Rosselkhoznadzor) requested that Kazakhstan suspend the issuance of phytosanitary certificates for grain and its processed products, sunflower seeds, and other agricultural crops exported to Russia, Fergana reports, citing Kazakh media. Kazakhstan’s Ministry of Agriculture received this […]

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Ministry: Around 350 Flights Pass Through Afghanistan’s Airspace Daily

The Ministry of Transport and Civil Aviation reports an increase in flights passing through Afghanistan’s airspace. Imamuddin Ahmadi, the spokesperson for the ministry, said that in the past week, around 350 flights have passed through the country’s airspace daily. The ministry’s spokesperson stated: “Recently, the number of transit flights through our airspace has significantly increased. […]

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Maldives President Muizzu rules out IMF bailout program; confident that India will assist

Maldives President Dr. Mohamed Muizzu has ruled out the possibility that Maldives might have to opt for a bailout program from the International Monetary fund (IMF) amid an economic crisis while expressing confidence that neighboring India will provide assistance to the island nation. The President, on Sunday, traveled to India for his first state visit […]

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India, Maldives have lot in common, happy to see relation fixed: Nasheed

The Maldives and its neighbor India share a lot in common, says former President Mohamed Nasheed, who added he is joyous of mending ties between the two countries. The former president said this in a message on X on Sunday evening, in which he said the two countries had “so much in common.” “India & […]

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Everest North Face Ski Expedition abandoned yet again above Camp III

The North Face Everest Ski Project architected by top American climbers has ended citing a bad weather condition as well as time constraint after the team reached above Camp III via Hornbein Couloir route in Tibet. According to sources at the base camp, a team of rope fixing Sherpa climbers has been returning to the […]

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