Afghan Capital City To Launch 181 Development Projects

KABUL, May 19 (NNN-ANA) – The Afghan capital has launched and implemented 181 development projects throughout the current year in Kabul, state-run news agency Bakhtar reported, today. The projects, at a cost of 4.8 billion afghanis (about 53 million U.S. dollars), would cover all parts of Kabul, to make the…

Malaysia’s digital economy to contribute 22.6 pct to GDP, create half a million jobs by 2025

From Azizul Ahmad SINGAPORE, May 19 (NNN-Bernama) — The digital economy is expected to contribute 22.6 per cent of Malaysia’s gross domestic product (GDP) and create over 500,000 jobs by 2025, said Science, Technology and Innovation Minister Dr Adham Baba. He said Malaysia has placed priorities on expanding the adoption…

Over 6,600 jobs available as Changi airport speeds up hiring amid travel recovery

By Massita Ahmad SINGAPORE, May 19 (NNN-Bernama) — One of the biggest recruitment drives in Singapore’s aviation sector is taking off with over 6,600 job vacancies available across Changi Airport, announced Changi Airport Group (CAG). CAG said on its website that the mass hiring aims to fill much-needed positions to…

IMF optimistic Malaysia’s economy to expand 5.75 pct in 2022

By Mikhail Raj Abdullah KUALA LUMPUR, May 19 (NNN-Bernama) — The International Monetary Fund (IMF) is optimistic that Malaysia’s economy will expand by 5.75 per cent in 2022, driven by pent-up domestic demand and continued strong external demand. This is in line with the government’s growth projection of between 5.3…

Malaysian ringgit hits RM4.4 against US dollar, lowest since March 2020

By Zufazlin Baharuddin KUALA LUMPUR, May 19 (NNN-Bernama) — The Malaysian ringgit slid further to open lower at RM4.4 against the US dollar, the lowest since March 2020 following a hawkish stance by the US Federal Reserve (Fed) to tighten its monetary policy. At 9.19 am, the local note stood…

Report Shows Aussie Workers To Lose Thousands Of Dollars To Inflation In 2022

SYDNEY, May 19 (NNN-AGENCIES) – Following the release of wage growth data yesterday, a report from the Australian Council of Trade Unions (ACTU), has shown that, Australians are on track to use 4,000 Australian dollars (about 2,090 U.S. dollars) in real wages in 2022. The Australian Bureau of Statistics (ABS)…

India Unveils Scheme To Attract Shooting Of Foreign Films, Co-Productions

MUMBAI, May 19 (NNN-PTI) – India has unveiled a scheme to incentivise shooting of foreign films and foreign co-productions, with a view to unleashing the potential of domestic media and entertainment industry, the state-run Press Information Bureau said, yesterday. As part of the scheme, international film production companies can claim…

Mongolia To Exempt Import Tariffs For Certain Food Products To Ensure Price Stability

ULAN BATOR, May 19 (NNN-XINHUA) – Mongolia will exempt import tariffs for certain food products until the end of this year, in order to ensure their supply and price stability, the government’s press office said yesterday. “During its regular meeting, the government approved a list of certain food products, such…

Pakistan Makes Progress On Broadband Service-Related Projects: Official

ISLAMABAD, May 19 (NNN-APP) – Pakistan had made progress, for the provision of broadband services under the Universal Service Fund (USF), according to the country’s minister of information technology and telecommunication. Minister for Information Technology and Telecommunication, Syed Amin-ul-Haque, said yesterday that, over 37 projects worth 31 billion rupees (158…

Turkish Finance Minister To Travel To Egypt For First Minister-Level Visit In Nine Years

ANKARA, May 19 (NNN-ANADOLU) – Turkish Finance Minister, Nureddin Nebati, will travel to Egypt in early June, to attend a meeting of the Islamic Development Bank, a statement of the finance ministry said, yesterday. Nebati will head a delegation to Egypt’s Red Sea resort city of Sharm El-Sheikh, and is…
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