Pensioners of Nepal, who have retired from the Indian Army are facing financial crises these days. They are not being able to draw pensions form banks on the Indian side in Uttarakhand since March due …
N.Korea prepares anti-South leaflets amid heightened tensions
North Korea is gearing up to send propaganda leaflets over its southern border, denouncing North Korean defectors and South Korea, its state media said on Saturday, the latest retaliation for leaflets …
China is not an alternative for Nepal over India, Nepalese economist warns government
India, Nepal is preparing to refuse the aid, offered by the US, under the ‘Millennium Challenge Cooperation’ (MCC).
Malaysia’s debt-juggle continues
AS a country that has faced budget deficits for over two decades amid efforts to turn surplus, Malaysia has consistently relied on borrowings to finance its revenue shortfalls.
Report: Iran Sends Another Cargo to Venezuela
Despite American sanctions on both nations, Iran appears to have dispatched another merchant ship to Venezuela. Based on AIS data, the Iranian-flagged freighter Golsan departed Iran in mid-May and is …
Samsung denies reports of move of China display output to Vietnam
Samsung Electronics is planning to shift much of its display production from China to Ho Chi Minh City this year, Vietnamese state media reported on Friday, although the South Korean tech giant said …
Airlines Suffer a Shaky Start as Philippines Eases Lockdown
Airlines operating in the Philippines called for swifter and more aggressive government support as a stilted restart to flights this month has done little to bring in much-needed revenue.
Pakistan’s budget 2020-21 revenue target overly ambitious: Fitch
Continuing support from IMF, other official creditors should help the govt finance its budget and contain risks associated with its fragile external position’ …
Pakistan faces tough road ahead
Earlier this week, the government of Pakistan projected the deficit at 9.1% for the outgoing year. It had set the original deficit target at 7.1% before the Covid-19 outbreak. “Pakistan’s fiscal …
Georgia Senate panel moves to hike taxes on cigarettes to $1.35 a pack
Taxes on cigarettes would go from 37 cents per pack to $1.35 under a measure passed by a key Georgia Senate committee Friday. The Senate Finance Committee approved an amended bill sponsored by Sen.