Yen Slides Towards Potential Intervention Zone Despite BOJ Rate Hike

TOKYO, Dec 20 (NNN-NHK) — The yen weakened to a roughly one-month low in the 157 range per dollar late yesterday, nearing levels that could trigger official buying, after the Bank of Japan (BOJ) raised benchmark interest rates without offering clear plans for future hikes. The yen fell sharply against…

Philippines Posted 225 Million USD BoP Deficit In Nov

MANILA, Dec 20 (NNN-PNA) – The Philippines’ balance of payments (BoP), which accounts for the country’s transactions with the rest of the world, registered a deficit of 225 million U.S. dollars in Nov this year, the Philippine central bank said, yesterday. For the Jan-Nov period, the Bangko Sentral ng Pilipinas…

Cultural, Creative Industry Contributes 6.8 Percent To Malaysia’s GDP In 2024

KUALA LUMPUR, Dec 19 (NNN-BERNAMA) – The cultural and creative industry, contributed 6.8 percent to Malaysia’s gross domestic product (GDP), fuelling 130.7 billion ringgit (31.97 billion U.S. dollars) in 2024, according to official data. The Department of Statistics Malaysia (DOSM), said in a statement, yesterday that, the cultural and creative…

New Zealand Fruit Exports Surged On Chinese Demand

WELLINGTON, Dec 19 (NNN-RNZ) – New Zealand’s fruit exports rose 28 percent to 6.1 billion NZ dollars (3.52 billion U.S. dollars) in the year ended Nov, 2025, buoyed by strong Chinese demand for gold kiwifruit and apples, Stats NZ reported, today. This marked the second time that New Zealand’s fruit…

Vietnam Kicks Off, Inaugurates 234 Major Projects Nationwide

HANOI, Dec 19 (NNN-VNA) – Ceremonies were held across Vietnam today, for the ground-breaking, inauguration, and technical traffic opening of 234 major projects and key works. The move is part of activities marking the upcoming 11th National Emulation Congress, and the 14th National Congress of the Communist Party of Vietnam.…

Sri Lanka Expects Foreign Investment To Top 1.5 Billion USD Next Year

COLOMBO, Dec 19 (NNN-LNW) – Sri Lanka expects foreign direct investment (FDI), to be between 1.5 billion and two billion U.S. dollars next year, a senior official said, today. Chairman of the Board of Investment, Arjuna Herath said, FDI has exceeded one billion dollars, this year. Herath said, the government…

Saudi Arabia Cancels Foreign Worker Levy For Licensed Industrial Facilities

RIYADH, Dec 18 (NNN-SPA) – Saudi Arabia has officially cancelled an expatriate levy on foreign workers, employed at licensed industrial facilities, a move aimed at supporting the sector’s sustainability and global competitiveness. Industry and Mineral Resources Minister, Bandar Alkhorayef, said, the decision underscored continued government support for industry, and would…

Mongolia’s Industrial Output Rose 1.6 Percent In First 11 Months Of This Year

ULAN BATOR, Dec 17 (NNN-APA) – Mongolia’s industrial output rose by 1.6 percent, in the first 11 months of this year, compared to the same period a year earlier, the country’s National Statistics Office, said, today. The industrial output amounted to 47.1 trillion Mongolian tugriks (about 13.2 billion U.S. dollars)…

Egypt To Build 150-Million-USD Vaccine Plant In Suez Canal Zone

CAIRO, Dec 17 (NNN-MENA) – Egypt, yesterday, broke ground on a major vaccines and biological pharmaceuticals plant, in the Sokhna Industrial Zone, with total investments amounting to 150 million U.S. dollars, the Suez Canal Economic Zone (SCZone) said. The GENNVAX vaccines and biological pharmaceuticals project, will be established on an…

India’s ReNew Signs Agreement With Google To Build 150 MW Solar Project

NEW DELHI, Dec 17 (NNN-PTI) – ReNew Energy Global plc, an Indian renewable energy company, said, it signed an agreement with Google, to build a 150 MW solar project, in the western Indian state of Rajasthan. “Under this partnership, Google will procure the project’s energy attributes from ReNew. This long-term…
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