ICD and Turonbank announce a USD 30 million Islamic line of financing facility to bolster Uzbekistan’s private sector development …
Exclusive-Airlines face overflight payment risks as planes divert over Afghanistan
By Charlotte Greenfield, Federico Maccioni, Joanna Plucinska and Lisa Barrington DUBAI/KABUL/LONDON (Reuters) – Airlines are turning to a network of third parties to pay fees to Afghan authorities as …
Exclusive-Airlines face overflight payment risks as planes divert over Afghanistan
By Charlotte Greenfield, Federico Maccioni, Joanna Plucinska and Lisa Barrington DUBAI/KABUL/LONDON (Reuters) – Airlines are turning to a network of third parties to pay fees to Afghan authorities as …
Airlines face legal and financial uncertainty over Afghan overflight fees
Before the Taliban took power in 2021, IATA collected overflight charges on behalf of Afghanistan’s aviation authority. IATA ceased this service in September 2021, leaving millions of dollars in …
S. Korea, S&P to begin annual consultation meetings next week
South Korea will begin its annual consultation meetings with global credit rating agency S&P Global Ratings (S&P) next week to discuss the country’s credit evaluation and other key issues, the finance …
U.S. pulls out of climate finance deal for South Africa, Senegal, and others
The U.S. has pulled out of a $9.3 billion climate finance pact between richer nations to help developing countries transition from coal to cleaner energy. ・The U.S. has withdrawn from a $9.3 billion …
U.S. pulls out of climate finance deal for South Africa, Senegal, and others
The U.S. has pulled out of a $9.3 billion climate finance pact between richer nations to help developing countries transition from coal to cleaner energy. ・The U.S. has withdrawn from a $9.3 billion …
AMRO forecasts Vietnam’s economy to grow by 6.5 per cent in 2025
Vietnam’s economy is estimated to grow by 6.5 per cent in 202, according to the ASEAN+3 Macroeconomic Research Office (AMRO).
Japan’s Seven & i announces restructuring, new CEO to fend off $47 billion takeover bid
Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, appointed its first foreign CEO and handed him the task of overhauling its business to fend off a $47 billion …
Emerging issues in the Bangladesh renewable energy and power sector
By bno – Mumbai bureau Bangladesh recently unveiled the Draft Renewable Energy Policy 2025 (DREP) which was open for public consultation until February 24, 2025. The country is trying to increase the …