UN Launches Initiative To Bolster Youth Employment In Arab Region

BEIRUT, Jun 1 (NNN-NNA) – The Beirut-based UN Economic and Social Commission for Western Asia (ESCWA), yesterday launched an initiative, to provide employment opportunities and training for young people in the Arab region, as part of its efforts to reduce inequalities in the region, the ESCWA said, in a press…

Japan To Allow More Airports To Accept Entrants From Abroad

TOKYO, Jun 1 (NNN-NHK) – Japan plans to let more regional airports to accept entrants from abroad, Japanese Prime Minister, Fumio Kishida, said yesterday, amid the country’s gradual relaxation of strict border measures, implemented in response to the COVID-19 pandemic. “We will enable regional airports, such as Sendai (in north-eastern…

Wheat Smuggling Bid Foiled In S. Afghanistan

KABUL, May 31 (NNN-ANA) – Afghanistan’s security forces, seized 50 trucks loaded with wheat, in the country’s southern province of Helmand, foiling a smuggling bid, the local government confirmed today. The seizure took place along the Kandahar-Herat highway, in Washer district in the province, 555 km in the south of…

Malaysian Ringgit opens lower against US dollar despite DXY correction

By Rosemarie Khoo Mohd Sani KUALA LUMPUR, May 31 (NNN-Bernama) — The Malaysian ringgit opened lower against the US dollar on lack of buying support, despite a correction in the greenback index or DXY which fell further to 101.367 points after being in an overbought position for some time, an…

U.S.-Led IPEF Threatens ASEAN Centrality, Unity: Cambodian Academic

PHNOM PENH, May 31 (NNN-AKP) – The so-called Indo-Pacific Economic Framework (IPEF), led by the U.S., is another strategy to undermine the centrality of ASEAN, and to create divisions among the bloc’s member states, a Cambodian academic said yesterday. In an opinion piece, published in the English-language newspaper, Khmer Times,…

Lao Ruling Party Resolves Action To Urgently Address Economic Woes

VIENTIANE, May 31 (NNN-KPL) – The Lao People’s Revolutionary Party (LPRP) Central Committee, resolved action, to urgently address economic difficulties, especially those relating to fuel shortage, fluctuating currency exchange rates and rising inflation. The 11th Party Central Committee adopted the resolution at its fourth session, which took place in the…

Australian Bank Sued For Overcharging On Customer Transactions

SYDNEY, May 30 (NNN-AGENCIES) – Australia’s financial regulator, the Australian Securities and Investments Commission (ASIC), moved to sue the Australia and New Zealand Banking Group Ltd (ANZ), for allegedly misleading and overcharging customers. ASIC said today that, in the span of two years of investigation, 165,750 ANZ customers were charged…

Indian Local Gov’t To Allow Exploration Of India’s Largest Gold Reserves

NEW DELHI, May 30 (NNN-PTI) – Local government in the eastern Indian state of Bihar, decided to grant permission for exploration of its gold reserve, an official said yesterday. The gold reserves, believed to be the country’s largest, are said to be in Jamui district, about 170 km south-east of…

Pakistani PM Announces New Relief Package For Low-Income Segment

ISLAMABAD, May 29 (NNN-APP) – Pakistani Prime Minister, Shahbaz Sharif, announced a new relief package worth 28 billion rupees (around 140 million U.S. dollars) per month, to mitigate impact of increase in prices of petroleum products, on lower-income people of the country. In a televised address to the nation, Friday…

Roundup: Indonesia Woos Investors To Boost EV Battery Industry

by Nurul Fitri Ramadhani JAKARTA, May 29 (NNN-XINHUA) – The Indonesian government is wooing foreign investors, to help develop the electric vehicle (EV) ecosystem, as it is on a green energy transition. “We are very confident that investing for EVs in Indonesia will be profitable, because we are rich in…
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