Archive
Back to homepage
Afghanistan Generates 4.2 Billion AFN in Revenue from 95 Mining Contracts
Afghan Minister Mohammad Haroon Chakhansuri said the Afghan government generated 4.2 billion Afghanis in revenue from 95 mining contracts. He also announced that the Afghan government has signed and processed 37 small-scale mining licenses this year. These licenses include mining
Read More
Afghanistan Achieves Self-Sufficiency in Production of 56 Types of Goods
The Ministry of Industry and Commerce has announced that the level of domestic production has increased in the country this solar year, despite the restrictions caused by COVID-19. Afghanistan is now able to produce 56 out of 100 essential consumer
Read More
China Remains World’s Largest Trading Nation Despite COVID Challenges
China’s foreign trade accounted for 12.8 percent of the world’s total during the first 10 months of 2020, rising from 11.9 percent in 2015 and hitting a historic high, said Ni Yuefeng, head of the General Administration of Customs (GAC).
Read More
Analysis of Issuing Multiple Tax Identification Numbers (TIN) in Afghanistan
Tax Identification Numbers have different names in different countries around the world (for example, in the UK, it is known as Unique Taxpayer Reference (UTR). However, it is considered international best practice that a tax resident in any country should
Read More
Entrepreneur of the Month: Adela Sanglakhi
Adela Sanglakhi is a 25-year old entrepreneur from Kabul who owns a startup called Afghan Girls. Her company employs 85 women in Kabul, Paktia, Maidan Wardak, Logar, Daikuni, Ghazni, Balkh, Baghlan, Takhar and Bamyan. It has 12 female employees in
Read More
South Korea Eyes Investment Opportunities in Afghanistan
In a meeting with Afghan Vice President Amrullah Saleh, South Korean Ambassador to Kabul Choi Taeho expressed his country’s interest in investing in Afghanistan. The two parties met in Kabul to discuss and exchange views about the peace process and
Read More
Mass Vaccination Underway Around the World: Is there Light At The End Of The Tunnel?
Global COVID-19 deaths just surpassed 2 million on Friday, with over 93.4 million cases recorded worldwide, according to Johns Hopkins University. Scores of countries have started to conduct mass vaccination, however, the pandemic situations around the world are still challenging
Read More
New Cold Storages in Laghman Boost Onion Cultivation by 10%
The Afghan government has built 190 cold storages for onion in eastern Laghman province as part of the Agricultural Products’ Management project. Built at a cost of 72 million Afghanis, the new cold storages can store thousands of metric tons
Read More
International Taste Institute Ranks Afghan Saffron Number 1
Afghan saffron once again wins the the number rank in the world for its taste among dozens of countries. The International Taste Institute has granted the Afghan Saffron Company the 2020 Diamond Taste Award decided by a jury of the
Read More
Herat Exports $16 Million Worth of Cumin Worldwide
Herat exported 9,857 tonnes of green cumin and 94 tonnes of black cumin to various countries this year, according to Afghanistan Chamber of Commerce and Investment. Compared to last year’s 2,540 tonnes of green cumin and 20 tonnes of black
Read More
Economic Cooperation around Afghanistan; Cooperation or Competition between Stakeholders
This research paper is authored by Sayed Mahdi Munadi. To download the full paper click here. AbstractTwo important corridors from Central and South Asia, Belt and Road Initiatives (BRI) and China-Pakistan Economic Corridor (CPEC) pass from two sides of Afghanistan’s
Read More
Jalalabad Airport Operates Its First Civilian Flight After 18 Years
Jalalabad aiport had its first civilian flight from Kabul on Thursday, said Nangarhar aviation officials. This was a test flight that successfully landed and marked the province’s first civilian flight after foreign troops handed over the facility to Afghan authorities.
Read More
China’s Economic Growth Projected at 7.9% in 2021
The International Monetary Fund (IMF) projected China’s economic growth in 2021 at 7.9% after concluding the annual Article IV review of the Chinese economy. “The Chinese economy continues its fast recovery from the pandemic, helped by a strong containment effort
Read More
Afghan Women Business Owners to Receive Lands in Kabul
Afghan government will distribute lands to Afghan women business owners, according to Afghan Women Chamber of Commerce and Industries (AWCCI). In a meeting between AWCCI Chief Manizha Wafeq and President Mohammad Ashraf Ghani, President Ghani said women business owners will
Read More
Pine Nut Processing Factory to Open in Paktia Province
A pine nut processing factory, costing USD 7 million, is soon going to be established in the eastern Paktia province. According to Tolo News, a local investor is investing in the factory to help boost export of pine nuts and
Read More
World Insights: Expectations for 2021 oil prices swing between hope on vaccines, concern over 2nd wave
By Mahmoud Fouly, Yan Jing Expectations for crude oil prices in 2021 swing between hope for effective vaccines against COVID-19 and concern over uncertain oil demand with a second wave of rising infections. U.S. oil prices saw an unprecedented decline
Read More
Pakistan Procures COVID-19 Vaccine from China
Pakistan has decided to procure vaccine from China’s state-owned company Sinopharm because of its effectiveness and safety to fight against the COVID-19 virus, the country’s federal minister for science and technology said. The availability of the vaccine and its cost
Read More