India Announces Caps On Rising Airfares Amid IndiGo Chaos

NEW DELHI, Dec 7 (NNN-PTI) – The Indian government, yesterday, invoked regulatory powers, to announce a cap on fares, to control the rising airline ticket prices, amid IndiGo’s chaos, that resulted in mass flight cancellations and skyrocketing airfares. The federal civil aviation ministry issued a directive to all airlines, mandating…

Vietnam’s Trade Turnover Earns Nearly 840 Billion USD In First 11 Months

HANOI, Dec 6 (NNN-VNA) – Vietnam’s total import-export turnover reached 839.75 billion U.S. dollars, in the first 11 months of this year, up 17.2 percent year on year, the National Statistics Office reported, today. During the period, exports totalled 430.14 billion U.S. dollars, rising 16.1 percent, while imports climbed 18.4…

India, Russia Inked Pacts In Several Fields

NEW DELHI, Dec 6 (NNN-PTI) – India and Russia, yesterday, inked several agreements and Memorandum of Understanding (MoU), in such fields as migration and mobility, health and food safety, maritime cooperation, and commerce. The bilateral agreements were signed here in the presence of Indian Prime Minister, Narendra Modi, and Russian…

Indonesia Seeks Stronger Cooperation With China In AI Industry: Minister

JAKARTA, Dec 5 (NNN-ANTARA) – Indonesia is seeking stronger cooperation with China, to accelerate the development of its artificial intelligence (AI) industry, a senior minister said, during the China-Indonesia Industrial Collaboration Summit here, yesterday. Coordinating Minister for Economic Affairs, Airlangga Hartarto, said, Indonesia currently has at least 25 AI startups.…

Vietnam To Invest 340 Million USD In Technology, Innovation From Next Year

HANOI, Dec 4 (NNN-VNA) – Vietnam’s capital, Hanoi, will allocate four percent of its annual budget, equivalent to over nine trillion Vietnamese dong (about 340 million U.S. dollars), for science, technology and innovation, starting next year, VnEconomy reported, today. Of the total, public investment will account for over 5.5 trillion…

Bangladesh Plans Linking More Int’l Payment Gateways To Help Local Entrepreneurs

DHAKA, Dec 4 (NNN-BSS) – Bangladesh’s central bank governor, Ahsan H. Mansur, said yesterday that, steps are underway to integrate more international payment platforms, to boost global market access for small entrepreneurs. “We want SMEs to get payments seamlessly through platforms like PayPal,” he said, while addressing the Annual Conference…

Brunei Highlights Need To Unlock Mineral Potential For Sustainable Growth

BANDAR SERI BEGAWAN, Dec 3 (NNN-PELITA) – Brunei recognises the increasing importance of understanding the nation’s mineral potential, and the opportunities for sustainable downstream and midstream industries, a Brunei government official said. Hajah Sarimah Haji Awang, an official of the Ministry of Development, said, such efforts are crucial to diversifying…

HSBC Survey: 92 Percent Of Malaysian Businesses Retain Positive Outlook

KUALA LUMPUR, Dec 2 (NNN-BERNAMA) – Malaysian business optimism has improved over the past six months, reflecting a more confident outlook on the long-term impact of tariffs and trade uncertainty, an HSBC survey showed, yesterday. Malaysian businesses are among the most confident globally. Of the 250 Malaysian-based companies that were…

Saudi Arabia, Russia Signed Mutual Visa Exemption Agreement

RIYADH, Dec 2 (NNN-SPA) – Saudi Foreign Minister, Faisal bin Farhan Al Saud, and Russian Deputy Prime Minister, Alexander Novak, signed here yesterday, an agreement on mutual visa exemption for citizens of both countries, according to a statement released by the Saudi Ministry of Foreign Affairs. The exemption applies to…

Kazakhstan’s Grain Exports Climbed 14.8 Percent In Sept-Nov

ALMATY, Dec 2 (NNN-KNA) – Kazakhstan exported 3.1 million tonnes of new-crop grains from Sept to the end of Nov, this year, marking a 14.8 percent increase, compared with the same period last year, the country’s Ministry of Agriculture reported, yesterday. Shipments of Kazakh grain to Uzbekistan grew by 32.8…
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