Egypt’s Central Bank Reports Record 72.4-Percent Surge In Expatriates’ Remittances Over 12 Months

CAIRO, May 13 (NNN-MENA) – Remittances from Egyptian expatriates increased by 72.4 percent from Mar, 2024 to Feb, 2025, reaching approximately 32.6 billion U.S. dollars, the Central Bank of Egypt (CBE) said in a report, yesterday. The report attributed the “unprecedented” surge – nearly 13.7 billion dollars, in a 12-month…

Nissan To Cut 20,000 Jobs Globally Amid Business Struggles: Media

TOKYO, May 13 (NNN-NHK) – Japan’s Nissan Motor, plans to cut approximately 20,000 jobs globally, up from its previously announced 9,000, local media reported, yesterday. The reduction amounted to about 15 percent of the company’s 130,000-strong global workforce, according to a report by Nikkei. Facing poor performance, especially in North…

Philippine Ex-President Duterte Wins Mayoral Race In Mid-Term Elections: Preliminary Results

MANILA, May 13 (NNN-PNA) – Former Philippine President, Rodrigo Duterte, has again won the mayoral of Davao City, in this year’s mid-term elections, according to preliminary results released last night. With more than 60 percent of the votes counted, Duterte had established a commanding lead, securing 405,000 votes, compared to…

Maldives Targets 1.52 Million Tonnes In Carbon Emissions This Year

MALÉ, May 13 (NNN-PSM) – The Maldivian government aims to cut its carbon emissions to 1.52 million tonnes this year, Minister of Tourism and Environment, Thoriq Ibrahim, said, yesterday. The efforts to enhance the use of renewable energy sources are paving the way to achieving the target of reducing carbon…

Türkiye’s PKK Announced Dissolution, Ends Armed Struggle

ANKARA, May 13 (NNN-TRT) – The outlawed Kurdistan Workers Party (PKK), announced its decision to disband and end its armed insurgency, it was reported, yesterday. “The PKK’s decision to dissolve itself and lay down arms, is an important step towards the goal of a ‘terror-free Türkiye’,” Omer Celik, spokesperson for…

Hamas Released Israeli-U.S. Hostage Yesterday

GAZA, May 13 (NNN-WAFA) – Al-Qassam Brigades, the military wing of Hamas, released Israeli-U.S. hostage, Edan Alexander, from the Gaza Strip, yesterday. He had been held hostage in Gaza for more than 19 months, Brigades spokesperson, Abu Obeida, issued a brief statement, stating that, the decision was made by the…

S. Korea Kicked Off Official Campaign For June 3 Presidential Election

SEOUL, May 13 (NNN-YONHAP) – South Korea, yesterday, kicked off an official campaign for the snap presidential election on June 3, caused by the ouster of former conservative President, Yoon Suk-yeol from office, over his botched martial law bid last Dec. Registering with the National Election Commission were seven candidates,…

Filipinos Heading To Polls Amid Marcos-Duterte Showdown

MANILA, May 12 (NNN-PNA) – Millions of Filipinos have been heading to the polls today, in a midterm election that has been widely seen as a proxy battle between President Ferdinand Marcos and partner-turned-competitor, Vice President, Sara Duterte. Marcos and Duterte are not on the ballot, but they have been…

No Tsunami Warning Issued After 6.2-Magnitude Quake Hit Off Indonesia

JAKARTA, May 12 (NNN-ANTARA) – A 6.2-magnitude earthquake struck off Indonesia’s western Aceh province yesterday, but no large waves were triggered, according to the country’s Meteorology, Climatology, and Geophysics Agency. The tremor occurred at 15:57 local time, with epicentre located 21 km south-west of Aceh Barat Daya regency, at a…

Bangladesh Bans Activities Of Awami League Party

DHAKA, May 12 (NNN-BSS) – Bangladesh’s interim government, has banned all activities of former Prime Minister, Sheikh Hasina’s Bangladesh Awami League (AL) party. Bangladeshi Law Adviser, Asif Nazrul, made the announcement at a briefing in Dhaka, on Saturday midnight, saying, the ban would remain in place until the trial of…