A delegation from ASEAN countries, New Zealand and the ASEAN 2020 National Committee on March 5 inspected preparations for the 36th ASEAN Summit and the ASEAN-New Zealand Commemorative Summit in Da Na…
Economy
Oil Tumbles as Wall Street Slumps, OPEC Preempts Russia on Cuts
Oil bulls can’t seem to catch a break, even with OPEC pledging once again to overdeliver. Crude prices tumbled 2% Thursday, with Brent finishing under the key $50-per-barrel mark, despite OPEC raising…
Nepal government sets roadmap to improve investment climate reforms
Nepal was ranked 94 out of 190 economies on the Doing Business 2020 ranking marking a significant shift for the country into the top 100 economies on the ease of doing business. As a part of the gover…
Trump’s India Visit Will Strengthen Strategic Cooperation
This week President Trump visits India for the first time to meet with India’s Prime Minister Narendra Modi. In 2019, the United States had $23 billion trade deficit with India. The Trump administrati…
Shares drop, gold surges as investors scurry for safety
Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea,…
Indo-Pacific ties, Afghanistan focus of Modi, Trump meeting
Continued cooperation in the Indo-Pacific and stabilization of Afghanistan in terms of working together to counter terror are high on the agenda of the talks between US President Donald Trump and Prim…
Myanmar’s India Balancing Act
A month after Chinese President Xi Jinping’s official state visit to Naypyidaw, Myanmar’s president, U Win Myint, is scheduled for an official visit to India in the upcoming weeks. He is expected to t…
ADB registered record disbursement for Nepal in 2019
The Asian Development Bank (ADB) has said it achieved a record disbursement of $323.7 million for various development projects in Nepal in 2019. Some of the projects contributing to last year’s record…
Sustaining Bangladesh’s economic miracle
That there is no unresolved miracle behind Bangladesh’s spectacular economic performance over the past three decades is now evident to all. Earning the epithet of ‘economic role model̵…
Asean reels as Chinese stay home
Elephant parks unvisited, curios at markets unsold as tuk-tuks sit idle: South-East Asia is facing billions of dollars in losses from a collapse in Chinese tourism since the outbreak of a deadly new c…