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Kathmandu, Sept 25: Inflation shot up to 6.95% in the first month of the current fiscal year – FY2019/20 owing mainly to spike in prices of consumable goods in the market. According to ‘Current Macroeconomic and Financial Situation of Nepal (Based on One Month’s Data of 2019/20)’ released by the
Kathmandu, Sept 24: Deputy Prime Minister and Minister for Defence Ishwor Pokhrel has said the government is striving to
Butwal, Sept 24: The business fraternity has urged the government to come up with policies and programmes in a way
Kathmandu, Sept 23: The 40th Investment Board has decided to entrust a Chinese company with the responsibility constructing the over
Kathmandu, Sept 22: Prime Minister KP Sharma Oli on Sunday said the 14th Three-Year Plan has become the country’s
Kathmandu, Sept 22 : The Central Investigation Bureau (CIB) of Nepal Police has arrested 11 employees including the former
NANNING, Sept. 22 (Xinhua): The Asian Infrastructure Investment Bank (AIIB) will invest in six projects with 1.09 billion U.S. dollars in countries of the Association of Southeast Asian Nations (ASEAN), AIIB President Jin Liqun has said. The bank will play a bigger role in promoting interconnectivity between China, ASEAN and other Asian countries, Jin said at the 16th China-ASEAN Expo in Nanning, the capital city of south China’s Guangxi Zhuang Autonomous Region. In the past four years, AIIB has invested a total of 1 billion dollars in 10 projects in six ASEAN countries, according to Jin. “I am confident that members of ASEAN will gain greater benefits and dividends from our cooperation,” Jin said, highlighting the role of the Belt and Road Initiative in boosting interconnectivity in the ASEAN region. Headquartered in Beijing, AIIB is a China-initiated multilateral development bank which focuses on infrastructure investment. Beginning operations in 2016, the bank has expanded its membership to 100 and approved 46 loan projects with a total amount of 8.5 billion dollars for its 18 members.
WASHINGTON/NEW DELHI (Reuters) – The United States and India are racing to negotiate a limited trade deal that U.S. President
Kathmandu, Sept 20: Nepal Oil Corporation has reduced the price of aviation fuel and LP gas. The NOC slashed the
Kathmandu, Sept 20: The government will import 20,000 metric tonnes of sugar targeting upcoming festivals like Dashain, Tihar and Chhath.