Shringla is visiting at the invitation of Foreign Secretary Paudyal. This will be a continuation of the regular exchange of high level visits between the two friendly neighbours, the Nepalese Foreign ... ( read original story ...)
Nepal govt, World Bank sign financing pacts worth $350m
The government of Nepal and World Bank signed two separate agreements today that will help strengthen urban governance and the financial sector in Nepal in support of the country’s COVID-19 resilience ... ( read original story ...)
We’ll borrow to finance billion ringgit projects, says Mustapa
Mustapa said Putrajaya aimed to complete these projects under the 12th Malaysia Plan, which ends in 2025. He was replying to Tajuddin Abdul Rahman (BN-Pasir Salak), who asked how the government would ... ( read original story ...)
Finance ministry studying possible reinstatement of GST
On the Covid-19 vaccine, the finance minister said the budget allocated RM3 billion to acquire vaccines through Malaysia’s participation in the World Health Organisation’s (WHO) Covax programme and ... ( read original story ...)
Uzbekistan lines up its key economic data with int’l standards
The Central Bank said that Uzbekistan's balance of payments for the first half 2020 was affected by the changes in domestic and foreign markets linked with the COVID-19 pandemic, a slowdown in global ... ( read original story ...)
UPDATE 1-Thai finmin sees economy up 4% next yr, to focus on revival
Thailand’s economy is expected to grow 4% in 2021 after a slump this year and fiscal policy will support a tourism-reliant economy struggling from the impacts of the coronavirus pandemic, the finance ... ( read original story ...)
UPDATE 1-Pakistan’s central bank keeps main policy rate unchanged at 7%
KARACHI, Pakistan Nov 23 (Reuters) - Pakistan has kept its main policy rate unchanged at 7%, the central bank said on Monday, as consumer price index inflation remained close to 9%. It is the second ... ( read original story ...)
House loans become cheaper in Pakistan
The State Bank of Pakistan has unveiled a mark-up subsidy for house loans for Naya Pakistan Housing Scheme. Pakistanis will be able to borrow from any bank at rates cheaper than the market’s. Loans ... ( read original story ...)
Indonesia says U.S. DFC will invest $2 billion in new sovereign wealth fund
The U.S. International Development Finance Corporation has signed a letter of intent to invest $2 billion in Indonesia's new sovereign wealth fund, the Southeast Asian country's government said in a ... ( read original story ...)
Indonesia: Current Account deficit forecast to shrink in 2020 – UOB
In opinion of Economist Enrico Tanuwidjaja and Haris Handy at UOB Group the Current Account deficit (CAD) is expected to narrow further in 2020. Key Quotes “Indonesia’s curren ... ( read original story ...)