PETALING JAYA: Airai Global Corp’s collaborative agreement with the Airai state government for a green economy development of Palau is expected to be a substantial revenue generator for the state. Airai Global vice-president and chief operating officer Hayato Sugiyama said the majority of countries and islands around the Pacific Ocean are tourist-based economies and most were affected by the Covid-19 pandemic. Airai Global is a Singapore-Malaysia jointly funded investment company with a core bus

Russia is one of the world’s largest energy suppliers and players on the energy market. It produces 9.

The document, which began as a 2-pager in the UN Climate Change secretariat several months ago and turned into a 25-page list of demands at COP29, was pruned to 10 pages.... It offers no solutions to bridge what is at least a$ 1.2 trillion gap in expectations between the Global North and the developing and poor nations for climate finance based on public funds.... New NDCs are due by February 2025 and apply until 2030....

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Join our Whatsapp channel ISLAMABAD: The Export Development Fund( EDF) will provide targeted technical and financial support to help exporters access international markets, foster innovation and promote sustainable growth. This decision was taken during a board meeting of the EDF, chaired by Commerce Minister Jam Kamal on Thursday.An official announcement said that the consultants had recommended the establishment of 13 financing windows.... These will focus on firm-level growth, improving inte

Over 160 countries are taking part in the 12th ministerial meeting of the World Trade Organization at Geneva.... The WTO’s 164 member-countries are engaged in talks on five broad themes—food security and agriculture; fisheries subsidies; intellectual property rights waiver on covid-19 vaccines and pandemic response; WTO reforms; and extension of a moratorium on customs duty on e-transmission.... While India and other developing countries are pressing for a fair, equitable and balanced outcome,

The private sector, ofcourse, would behappy toremain neutral, acting simultaneously inthe two largest national markets ofthe planet. But bytheir actions, Washington and Beijing have deprived businesses ofsuch anopportunity, demanding that they take sides, writes Valdai Club expert Stanislav Tkachen

On March 14 at 12:00 Moscow Time (GMT+3), the Valdai Club will host an expert discussion titled “The West against the rest of the world: the role of the G20 in harmonising approaches to global development and promoting sustainable multilateralism. ”Western countries use the Group of Seven (G7) platf

KUALA LUMPUR: The government is taking a cautious approach to the latest global developments, especially the issue of food supply and rising food prices that affected the well-being of the Malaysian Family, says Datuk Seri Ismail Sabri Yaakob.To address the economic crisis due to the pandemic and the Russia-Ukraine conflict, the Prime Minister said the government has formulated short-, medium-and long-term measures to stabilise food supplies and prices. Ismail Sabri said Malaysia, the Asian regi

The role of India’s G20 presidency is to lead the effort to develop global consensus, and there continues to be a strong desire that all countries continue to work together to find that consensus, Economic Affairs Secretary Ajay Seth said on Thursday.... Seth was speaking to the media on the eve of the third finance track meeting of the G20 in Gandhinagar.... Chief Economic Advisor V Anantha Nageswaran said an opportunity to meet and discuss, regardless of any agreement, was a very important t