New Airport To Open In India’s Goa In Next Two Months

MUMBAI, Sept 15 (NNN-PTI) – India’s Goa state will open its Mopa airport in the next two months, said a statement by MVIRDC World Trade Centre, Mumbai, quoting the state’s minister yesterday. “The much-awaited Mopa Airport will become a reality in 45-60 days, as the trial flight landed a week…

Amazon Targets Five Billion USD Of Exports From Indian Companies In 2022

MUMBAI, Sept 15 (NNN-PTI) – Global online marketplace, Amazon, is targeting five billion U.S. dollars’ worth of exports from Indian companies, in the current year, a statement by Mapic India said yesterday, quoting a top Amazon official. Indian exporters using the Amazon marketplace have exported three billion U.S. dollars’ worth…

Indian and Pakistani PMs to attend SCO summit in Uzbekistan

NEW DELHI, Sept 15 (NNN-Bernama) — The prime ministers of India and Pakistan are attending the two-day Shanghai Cooperation Organisation (SCO) summit starting in Uzbekistan on Thursday. Prime Minister Shehbaz Sharif will be accompanied by Foreign Minister Bilawal Bhutto Zardari at the annual meeting of the Council of Heads of…

Malaysian ringgit stays above RM4.52 vs US dollar in early trade

KUALA LUMPUR, Sept 15 (NNN-Bernama) — The Malaysian ringgit stayed above RM4.52 level against the US dollar at the opening Thursday as the greenback continued its relentless rise towards an all-time high in response to the United States’ latest bullish core Producer Price Index (PPI) data. At 9.05 am, the local currency…

No need for IMF loan, Malaysia is not bankrupt — Finance Minister

KUALA LUMPUR, Sept 15 (NNN-Bernama) —  Malaysian Finance Minister Tengku Zafrul Tengku Abdul Aziz has asserted that the International Monetary Fund (IMF) never stated that Malaysia has economic problems that will cause the country to go bankrupt, instead it is confident of the country’s growth prospects. S&P Global Ratings also expects that Malaysia’s economic…

Egypt, Qatar Signed Deals To Boost Cooperation

CAIRO, Sept 15 (NNN-MENA) – Egypt and Qatar signed three memoranda of understanding (MoUs) in Doha, the Egyptian presidency said in a statement, yesterday. Qatari Emir, Sheikh Tamim bin Hamad Al Thani and visiting Egyptian President, Abdel-Fattah al-Sisi, witnessed the signing of the MoU between the Sovereign Fund of Egypt,…

Bangladesh Eyes Market-Based Floating Exchange Rate To Rein In Foreign-Exchange Volatility

DHAKA, Sept 15 (NNN-BSS) – Bangladesh is going to adopt the market-based floating exchange rate of the U.S. dollar, against the Bangladeshi taka soon, said Bangladeshi Finance Minister, AHM Mustafa Kamal, yesterday. After a virtual meeting of a cabinet committee, he told journalists in Dhaka, “We’re all set to introduce…

Sri Lanka To Start Agricultural Modernisation In 2023: President

COLOMBO, Sept 15 (NNN-XINHUA) – Sri Lankan President, Ranil Wickremesinghe said, Sri Lanka must start agricultural modernisation in 2023, to feed its growing population and become a net exporter of food, the President’s Media Division (PMD) said, yesterday. Wickremesinghe made the statement, at a meeting of the Multi-Sector Combined Committee,…

54th ASEAN Economic Ministers’ Meeting, Related Meetings Kicked Off In Cambodia

SIEM REAP, Sept 14 (NNN-AKP) – The 54th ASEAN Economic Ministers’ meeting (54th AEM) and related meetings, kicked off here today, discussing the progress of economic community integration, post-COVID-19 economic recovery, and rising global inflation, among others. Addressing the opening ceremony, Cambodian Prime Minister, Samdech Techo Hun Sen, said, as…

Australia’s National Carrier Starts Direct Flight From Sydney To India’s Bengaluru

SYDNEY, Sept 14 (NNN-AAP) – Australia’s national carrier, Qantas, today started the operation of its direct flight service between Sydney and India’s southern city of Bengaluru. The new service, in partnership with the Aviation Attraction Fund of the state of New South Wales (NSW), is expected to deliver more than…
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