Economic Diplomacy – Page 41 – South Asian Correspondent

Visiting International Monetary Fund team senior mission chief Peter Breuer (right), deputy mission chief Katsiaryna Svirydzenka (centre) and IMF and resident representative Sarwath Jahan address a press conference in Colombo yesterday.

September 28, 2023

New IMF funds for Sri Lanka may be delayed as review sees revenue shortfall

The International Monetary Fund did not reach a staff-level agreement with Sri Lanka in its first review under a $2.9bn…

September 28, 2023

How Bhutan Became a Carbon-Neutral Hub For Crypto Mining

Thimphu: The Kingdom of Bhutan, nestled in the foothills of the…

September 24, 2023

Bhutan to Import Increased Electricity from India Amid Growing Demand

Thimphu: As Bhutan prepares for its upcoming lean season, the nation is gearing up to import electricity from India for…

September 23, 2023

Sri Lanka pays off $200m loan from Bangladesh with $4.5m interest

Dhaka: Sri Lanka has paid off the entirety of USD $200 million loan from Bangladesh, taken through a currency exchange agreement…

Nepal's Prime Minister Pushpa Kamal Dahal (Left) and his Indian counterpart Narendra Modi have decided to step up cross-border power trade between the two countries

September 21, 2023

India, Nepal strike deal to strengthen cross-border electricity transmission infrastructure to boost power trade

New Delhi, Kathmandu: India and Nepal approved plans to enhance their cross-border transmission infrastructure to boost electricity trade during 14th meeting…

The move would be to implement joint programmes for the development of the SME sector, Sri Lanka's Minister of State for SME Development Prasanna Ranaweera MP and National Craft Council Chairman Sampath Erahapola said this during an exchange meeting with SME Foundation Chairperson Professor Dr Md Masudur Rahman on Monday (19 September).

September 19, 2023

Sri Lanka to work with SME Foundation to develop SME sector in Bangladesh

Dhaka: Sri Lanka will work with SME Foundation for the development of small and medium entrepreneurs in Bangladesh, Sri Lankan Minister…

A man counts Pakistani banknotes along a roadside in Islamabad, Pakistan, November 16, 2017. REUTERS/Faisal Mahmood

September 14, 2023

Pakistan’s military helps stifle currency black market to stabilise rupee

Islamabad: When the military was called on to help defend Pakistan’s ailing currency, licensed foreign exchange traders cheered while their black…

September 14, 2023

Nepal’s Signing of BRI implementation plan uncertain

By Anil Giri Kathmandu : On September 1, a meeting of various government agencies held at the prime minister’s residence in…

September 10, 2023

Nepal-India digital payment system to launch in Nov

By Krishana Prasain Kathmandu :The much-awaited Nepal-India digital payment system is expected to begin by November as the technical work…

US President Joe Biden listens to the opening remarks of Indian Prime Minister Narendra Modi during the first session of the G20 Summit, in New Delhi, India, Saturday, Sept. 9, 2023. Evan Vucci/Pool via REUTERS

September 9, 2023

US, EU agree on Mideast-India rail and shipping deal at G20

New Delhi: The US said it plans to sign a joint infrastructure plan with India, Middle Eastern countries and the European…