Economy

Sri Lanka plans $1.6 bn in cyclone recovery spending in 2026

Sri Lanka's government announced plans on Thursday for $1.6 billion in extra spending in 2026 to fund the country's recovery from Cyclone Ditwah, which killed more than 640 people.The natural...

Bullion price continues to rise

Bullion price continues to rise

Kathmandu, Dec 17: The price of gold and silver is continuously rising. Compared to Tuesday, the price of gold has increased by Rs 700 per tola and the price of...
Indonesia to end incentives for imported CBU EVs

Indonesia to end incentives for imported CBU EVs

Indonesia will not extend incentives for completely built-up (CBU) electric vehicle (EV) imports beyond 2025, as the government plans to redirect budgetary support toward the development of a national car...
Nepal-China economic cooperation stressed

Nepal-China economic cooperation stressed

Kathmandu, Dec 17: Finance Minister Rameshwor Khanal has underscored the need for reinforcing economic cooperation between Nepal and China and increasing investment accordingly.In his address at a programme on Nepal-China...