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.

            Kathmandu, Sept 19: The government has launched ‘Nepal Trade Information Portal’ (NTIP) with an objective of facilitating the export

Kathmandu, Sept 19: In line with the ambitious target of producing 15 gigawatts in 10 years and meeting the rising

Kathmandu, Sept 19: The Department of Revenue Investigation has reached court, seeking actions against three companies charged of tax avoidance.  

Kathmandu, Sept 17: Minister for Foreign Affairs Pradeep Kumar Gyawali has said that Nepal has a favorable environment for foreign

TOKYO, Sep 17 (AP) — The president of the Asian Development Bank, Takehiko Nakao, plans to step down early next