Business & Economy

Jordan’s Tourism Witnesses Signs Of Recovery

AMMAN, May 8 (NNN-PETRA) – Jordan’s pandemic-hit tourism industry showed signs of recovery, for the first quarter of 2022, and…

Vietnam’s Textiles, Garments Export Up 21.6 Percent In Past Four Months

HANOI, May 7 (NNN-VNA) – Vietnam earned nearly 11.8 billion U.S. dollars from exporting textiles and garments, in the first…

Sri Lanka’s Parliament Adjourns Till May 17 As Protesters Gather Outside

COLOMBO, May 7 (NNN-XINHUA) – Sri Lanka’s Speaker of Parliament, yesterday suspended parliamentary sessions till May 17, as protesters gathered…

China’s Sinosteel Cam S.A. Inks Iron Ore Deal In Cameroon

YAOUNDE, May 7 (NNN-XINHUA) – Cameroon and Sinosteel Cam S.A., a subsidiary of China’s multinational Sinosteel Corporation Ltd., yesterday, signed…

Sri Lanka Loses One Million Taxpayers Since 2019: Minister

COLOMBO, May 6 (NNN-XINHUA) – Sri Lanka lost around one million taxpayers, following tax cuts introduced in late 2019, Finance…

OPEC’s Decision To Increase Oil Output Helps Restore Market Balance: Kuwaiti Oil Minister

KUWAIT, May 6 (NNN-KUNA) – The decision of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, to…

Thailand Launches Electric Motorcycle Taxi Pilot Project

BANGKOK, May 6 (NNN-TNA) – The Thai government and the United Nations Environment Programme (UNEP), yesterday jointly launched a pilot…

World Bank To Provide Laos With 395 Million USD Funding Support: Report

VIENTIANE, May 5 (NNN-KPL) – The World Bank expects to support 11 projects in Laos, at a cost of about…

German Dependency On Russian Energy Significantly Reduced: President

BUCHAREST, May 5 (NNN-XINHUA) – Germany’s dependency on Russian energy resources has been significantly reduced, German President, Frank Walter Steinmeier…

Dow Jumps Over 900 Points After Powell Rules Out Larger Rate Hike

NEW YORK, May 5 (NNN-AGENCIES) – U.S. stocks rallied yesterday, after the Federal Reserve delivered a 50-basis-point interest rate hike,…