IMF agrees to $2.9 billion bailout for Sri Lanka
Months of acute food, fuel and medicine shortages, extended blackouts and runaway inflation have plagued the country after it ran out of dollars to finance even the most essential…
Economy
Fears of imminent subsidised fuel shortage lead to call for purchase restrictions
The subsidized gasoline quota is estimated to run out some time in early October.
Upliftment of poor and marginalised, goal of Central government: PM Modi
He also said the government is working towards providing fundamental facilities to the marginalised section of people in the country.
Only 17% of Nepalis covered by social protection benefit: ILO
Besides a limited number of people having access to social protection schemes, the International Labour Organisation report says the available benefits are often too low to…
Nansha standing out as key investment destination in Bay Area
A large number of investors have flocked to the area in the past couple of months and several enterprises have signed agreements to launch a slew of industrial projects.
The IMF deal and beyond
It will be a major challenge to ensure that economic stabilisation goals are on track in the face of the latest catastrophe caused by the floods and torrential rains that have…
Task forces to speed up stimulus package
China called on major economic provinces to take the lead in supporting the country's growth amid downward pressures, after key indicators slowed in July.
China remains attractive for US firms
The growth of US investment in China will maintain its sound pace this year, owing to the country's moves to upgrade its industries and huge market demand for goods and services.
Korean financial groups make aggressive expansion in Vietnam
One competitor, Woori Bank, raked in a net profit of 23.8 billion won in the first half of this year from its business in Vietnam, up 128.5 per cent from the previous year.
Fertiliser shortage, drought, heat wave threaten Nepal’s farming future
For Nepal’s ailing economy, the shortage of chemical fertiliser, drought-like situation in the southern Tarai and the subsequent heat wave is a big problem.