Economic Diplomacy
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Maldives to allow transactions in Emirati Dirham and Chinese Yuan
Male: Male: Bank of Maldives (BML) has decided to allow transaction in both the Emirati Dirham (AED) and the Chinese…
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Rs1.86 trillion financial plan with lofty goals
By Sangam Prasain Following an agreement to form a parliamentary committee to investigate the cooperatives scam, Finance Minister Barsha Man Pun…
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Nepal’s economy is on shaky ground. The budget battle begins
By Sangam Prasain & Krishana Prasain Kathmandu : The floor of Parliament during the budget presentation has been a perennial…
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Sri Lanka holds rates to control inflation, foster economic stability
Colombo: Sri Lanka’s central bank held interest rates steady on Tuesday to ensure inflation pressures remain in check as authorities look…
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UAE-India CEPA council to foster collaboration with Bihar business community
In collaboration with the Bihar Industries Association (BIA), the UAE-India CEPA Council held a business roundtable on Wednesday, where the…
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Maldives Bets on Infrastructure Overhaul with Dubai’s IFZA Leading Monorail Project
In a bold move to modernize its transportation infrastructure and boost economic development, the Maldives government has awarded the ambitious…
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Maldives plans RuPay launch to strengthen ties with India
Male: Maldives has planned to launch India’s RuPay service amid soaring ties between the two countries. However, the launch date has…
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Nepal to roll out QR code system in India by mid-July
Kathmandu: Nepal’s central bank is all set to launch the quick response (QR) code for Nepali nationals to make payments in…
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India Gets Record $25 Billion RBI Payout as Voting Nears End
New Delhi: India’s central bank will pay a 2.1 trillion-rupee ($25 billion) dividend to the government, more than double what was…
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China-based trading company BSK Fashion Bags to invest $6m in Bangladesh
Dhaka: BSK Fashion Bags, a joint venture company based in China, will invest over $6 million to set up a factory…
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