Sri Lanka Stock Market To Shut For Five Days Following Rapid Drop In Share Prices

COLOMBO, Apr 17 (NNN-XINHUA) – The Securities and Exchange Commission of Sri Lanka (SEC) yesterday announced that, it decided to direct the Colombo Stock Exchange (CSE) to temporarily close the stock market for a period of five business days, beginning tomorrow. The SEC said in a press release that, the…

Aviation Turbine Fuel Hiked To Record High In India

NEW DELHI, Apr 17 (NNN-PTI) – The price of aviation turbine fuel (ATF) or jet fuel in India, was hiked by a marginal 0.2 percent to an all-time high yesterday. According to a price notification of state-owned fuel retailers, the ATF price rose by 277.5 Indian rupees (3.64 U.S. dollars)…

Afghan Gov’t Inaugurates Major Agro Project In Eastern Laghman Province

MEHTERLAM, Afghanistan, Apr 16 (NNN-ANA) – The Taliban-run administration inaugurated a major agricultural project, to cover 20,000 hectares of land in the eastern Laghman province, provincial governor, Zainul Abidin Madani, said yesterday. At a cost of 20 billion afghanis and as a joint venture of the government and private sector,…

Mongolia Sees Gasoline Price Surge In Q1

ULAN BATOR, Apr 16 (NNN-XINHUA) – Mongolia saw sharp rises of fuel prices, in the first quarter, with average price of the gasoline brand AI-92 up 64.8 percent year on year, to 2,381 Tugriks (0.78 U.S. dollars) per litre, at the end of March, said the National Statistics Office. The…

Malaysian ringgit likely to be on downward trend against US dollar next week

By Rosemarie Khoo Mohd Sani KUALA LUMPUR, April 16 (NNN-Bernama) — The Malaysian ringgit is anticipated to trade on a downward trend next week on lack of catalysts, analysts said. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said buying support for the US dollar was likely to…

Malaysia’s stock exchange to see cautious trading next week

By Siti Noor Afera Abu KUALA LUMPUR, April 16 (Bernama) — Malaysia’s national stock exchange Bursa Malaysia is expected to witness cautious trading next week amid a lack of major catalysts to influence investors’ risk appetite. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng reckoned that the local…

Saudi Flag Carrier To Open New Route To Greek Island

RIYADH, Apr 16 (NNN-SPA) – Saudi Arabian Airlines SAUDIA, announced yesterday, to start direct flight to the Greek island, Mykonos, on July 1. The new summer route will be operated on Airbus A320, with three roundtrip flights weekly, scheduled between Riyadh’s King Khaled International Airport and the popular resort’s airport.…

Oil Prices Rise As Traders Weigh Prospect Of EU Ban On Russian Oil

NEW YORK, Apr 15 (NNN-AGENCIES) – Oil prices climbed yesterday, as traders weighed the prospect of a European Union (EU) ban on imports of Russian oil. The West Texas Intermediate for May delivery added 2.70 U.S. dollars, or 2.6 percent, to settle at 106.95 U.S. dollars a barrel, on the…

India’s Mahindra Raises Vehicle Prices By 2.5 Percent As Input Prices Surge

MUMBAI, Apr 15 (NNN-PTI) – India’s conglomerate Mahindra Group, announced a price hike of 2.5 percent for its range of vehicles, spread from 10,000 to 63,000 rupees on its ex-showroom prices, the company informed the Bombay Stock Exchange yesterday. The price revision is the result of continuous increase in prices…

Traveloka: Malaysia Is Destination of Choice For Indonesian Travellers

KUALA LUMPUR, April 14 (NNN-Bernama) — Malaysia is now the country of choice for international travellers from Indonesia, according to Traveloka Malaysia. The travel super app revealed that 79 per cent of international trips to Malaysia booked on its platform since March 22, 2022 — following the announcement of the…
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