NRB seeks suggestions for monetary policy
Desk By Karuna For monetary policy, the Nepal Rastra Bank has requested suggestions and opinions. In accordance with the Nepal Rastra Bank Act 2058 BS, the bank has requested opinions…
Posted inEconomy
World’s largest clean energy corridor daily power generation achieves record 1.3b kWh
The daily amount of power generated by six cascade hydropower stations on the Yangtze River operated by China Three Gorges Corporation (CTG) hit a record high of 1.3 billion kilowatt-hours…
The payment system will be closed from Sunday
Desk By karuna The Office of the Comptroller and Auditor General has stated that the Comptroller and Auditor General's Office and the State Comptroller's Office and the local level payment…
Posted inEconomy
Ministry of Culture and Tourism allows resumption of train tourist tours to boost cross-provincial travel
The Ministry of Culture and Tourism on Thursday allowed the resumption of train tourist tours to boost cross-provincial travel. However, it said that relevant tour operators must be subject to…
Posted inEconomy
Beijing launches 27 measures to boost consumption with focus on the green economy
The Beijing Municipal Government rolled out a comprehensive set of policies in a bid to pull the city's consumption sector out of shadows of the recent COVID-19 outbreak, including issuing…
Posted inEconomy
Premier Li urges efforts in coastal economic powerhouses to stabilize growth, revenue
Chinese Premier Li Keqiang on Thursday called for efforts, in five of the country's biggest economic powerhouses in the Southeast coast, to stabilize economic growth and revenue, noting that the…
Posted inEconomy
Ministries issue policies to support consumption of new-energy vehicles
The Ministry of Commerce (MOFCOM) and 16 other government departments on Thursday issued relevant policies to support the consumption of new-energy vehicles (NEVs) in China, including a study into the…
Posted inEconomy
Huaihua becomes first city in Central China to operate international cold chain train
Huaihua has become the first city in the central part of China to operate the international cold chain train after 230 tons of pitaya from Ho Chi Minh City in…
CBFIN suggests NRB to maintain a loan-to-deposit ratio at 95 percent
Desk by Muna The Confederation of Banks and Financial Institutions Nepal (CBFIN) has suggested the NRB to maintain the loan-to-deposit ratio (CD ratio) at 95 percent. Speaking at a press…
Posted inEconomy
Naixue’s promotion campaign involving virtual stocks sparks discussion over legal risks
A promotional campaign launched by Chinese bubble tea giant Nayuki, also known as Naixue Tea in Chinese, that includes tokens and virtual stocks has sparked off controversy on China's social…