June 24: Global trade is expected to drop around 18.5 percent year-on-year in the second quarter of 2020 in a coronavirus driven plunge which could have been much worse fears, WTO(World Trade Organization)said Tuesday (JUned 23).
“Initial estimates for the second quarter, when the virus and associated lockdown measures affected a large share of the global population, indicate a year-on-year drop of around 18.5 percent,” the WTO said in a statement. AFP
The Nepal Rastra Bank (NRB) has relaxed foreign exchange regulations for Nepali students seeking higher education abroad or those already enrolled in overseas institutions. Through a unified circular,...
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Nepal and India have officially launched their long-awaited cross-border digital payment system, with National Payments Corporation International Payments Limited (NIPL) and Nepal Clearing House Limited (NCHL) jointly rolling...
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Nepal's spring mountaineering season has officially concluded, with a total of 1,195 domestic and foreign climbers obtaining permits to scale 31 peaks, including Mount Everest, the world's highest...
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Flydubai has received approval to operate direct flights between Pokhara and Dubai, paving the way for regular international air connectivity from Pokhara International Airport. According to Pokhara International...
Read moreThe state-owned Hetauda Cement Industry is facing a severe financial crisis due to the lack of sustainable financial resources, making it difficult to purchase coal on time and...
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