Business & Economy

Saudi Arabia Discovers 14 New Oil, Natural Gas Fields, Reservoirs

RIYADH, Apr 10 (NNN-SPA) – Saudi Arabia announced yesterday, the discovery of 14 new oil and natural gas fields and…

Egypt To Offer Stakes In Military-Owned Firms To Bolster Private Sector

CAIRO, Apr 10 (NNN-MENA) – Egypt will soon offer stakes in a number of military-owned companies on the stock exchange,…

Cambodia Approves Investment Projects Worth 2.5 Billion USD In Q1

PHNOM PENH, Apr 10 (NNN-AKP) – Cambodia attracted fixed-asset investment of 2.5 billion U.S. dollars in the first quarter (Q1)…

ADB Forecasts Economic Growth In Tajikistan To Rise By 7.4 Percent This Year

DUSHANBE, Apr 10 (NNN-PNA) – Tajikistan’s gross domestic product (GDP) is projected to expand by 7.4 percent this year, and…

Canada’s Countermeasures Against Auto Imports From U.S. To Take Effect From Today

OTTAWA, Apr 9 (NNN-XINHUA) – Canadian Finance Minister, François-Philippe Champagne, yesterday confirmed that, Canada’s new countermeasures announced last week, in…

Indonesia Says U.S. Tariff Policy Causes Global Uncertainty

JAKARTA, Apr 9 (NNN-ANTARA) – Indonesia’s President, Prabowo Subianto, said yesterday that, the recent “reciprocal tariff” policy introduced by the…

World Bank Projects Four Percent Growth For Nepal Till 2029

KATHMANDU, Mar 25 (NNN-XINHUA) – Nepal’s growth rate will hover around four percent until 2029, though it has set an…

Australian Gov’t Pledges More Energy Bill Relief Ahead Of Election

CANBERRA, Mar 23 (NNN-AAP) – The Australian government announced an extension of energy rebates, offering households and small businesses an…

World Bank Approves 67.34 Million USD Support Package To Upgrade Philippines’ Civil Service

MANILA, Mar 23 (NNN-PNA) – The World Bank, yesterday, approved a 67.34-million-U.S. dollar support package, to help boost the Philippines’…

Feature: Indonesia Sees Surge In Chinese Tourists, Eyes Two Million Visitors This Year

by Mulyanda Djohan JAKARTA, Mar 23 (NNN-XINHUA) – Having recorded a peak number of Chinese tourists before the COVID-19 pandemic,…