Economy

In both Nepal and Sri Lanka, the issue is safeguarding national sovereignty

Castigates President Gotabaya for admonishing Central Bank officials in public

Sri Lanka should open up to Bangladeshi investments to reciprocate the welcome accorded to Sri Lankan investments in Bangladesh, says Bangladesh envoy Riaz Hamidullah

June 9 (Reuters) - The U.S. economy ended its longest expansion in history in February and entered recession as a result of the coronavirus pandemic, the private economics research group that acts as the arbiter for determining U.S. business cycles said on Monday. The Business Cycle Dating Committee of the National Bureau of Economic Research said in a statement its...

The strategy is meant to help China face mounting economic and military challenges from the US and its allies

Nepal, May 29 (Kathmandu Post) - When most global economies are trimming their growth projections due to the economic depression caused by the Covid-19 pandemic, Nepal has bucked the trend, with Finance Minister Yubaraj Khatiwada setting a highly ambitious target of 7 percent growth. "The economy will grow by almost 7 percent, the rate that we have achieved in the...

Gotabaya Rajapaksa was speaking at the virtual ‘High-Level Event on Financing for Development in the Era of COVID – 19 and beyond’ organized by the Prime Ministers of Canada, Jamaica and the UN Secretary General.

China's economy is still characterized by ample potential, strong resilience, large maneuver room and sufficient policy instruments, Xi said.

Since switching suppliers is easier said than done, China will still remain a key player in the global supply chain

America owes China US$ 1.08 trillion, points out columnist Allan Sloan