Japan’s government plans to cut scheduled sales of super-long bonds more than initially planned in a revision to its bond issuance programme for the current fiscal year, a document released by the …
Nepal’s public debt exceeds Rs 2.65 trillion, currency depreciation adds Rs 73 billion burden
One major contributor to the rising debt burden is the depreciation of the Nepali rupee. The exchange rate climbed from Rs 134 to Rs 138 per US dollar, which added an additional Rs 73 billion to the …
NPC, ministries urged to make policies in view of Nepal’s graduation from LDC next year
Deputy Prime Minister and Minister for Finance, Bishnu Prasad Paudel, has urged the National Planning Commission (NPC) and thematic ministries to design and implement plans and programmes that …
Nepal authorities lift restrictions on organising protests in Kathmandu
The order issued on May 31 prohibiting sit-ins, hunger strikes, protests, public gatherings and demonstrations within the Ring Road areas of Kathmandu has been withdrawn effective from June 19 …
U.S. Unleashes “Largest Ever” Sanctions Blitz Against Houthi Financial Lifeline
In its most significant blow yet to the Iran-backed Houthi movement, the United States today announced a sweeping set of sanctions targeting a vast network of illicit traders and shipping facilitators …
US Treasury Targets Houthis in Yemen with Sanctions
The US on Friday said it has taken its single largest sanctions action to date against Yemen’s Houthi militias, a key Iranian ally, by imposing sanctions on four people, 12 entities, and two ships …
World Bank Grants Yemen $30 Million to Support Education and Digital Payments
TEMPO.CO, Jakarta – The Executive Board of the World Bank has approved a new US$30 million grant for Yemen to strengthen digital financial infrastructure and ensure access to basic education for …
No reason to hike sugar prices, finance ministry tells MSM Malaysia
It says the sugar manufacturer is eligible to apply for tax exemption for raw sugar and is benefitting from monthly incentives from the government to ensure stable supply and prices.
Fintech major Qi andUS-based K2 Integrity join forces to align Iraq’s financial sector with global standards
In a strategic move to strengthen financial compliance standards across its operations, Qi, also known as International Smart Card, has signed a landmark partnership with K2 Integrity, a global …
Russia signs investment deal with Myanmar, sees offshore oil and gas prospects
Russia signed an investment agreement with Myanmar on Friday that it said could open up new opportunities for Russian energy companies in the south Asian country. “We especially note the readiness of …