Economy

Australia must triple electricity generation and storage capacity by 2050: report

6 months ago

Australia's total electricity generation and storage capacity will need to triple by 2050 in order to keep up with demand, according to a report published by the energy market operator...

Russian Far East to boost tourism from China

6 months ago

Russia aims to attract 5.5 million Chinese tourists annually by 2030, including 1.8 million to the Far East, the Russian Ministry of Economic Development announced on Tuesday.Russian Economy Minister Maxim...

Philippines' records 320 mln USD FDI net inflows in September

6 months ago

Net foreign direct investment (FDI) into the Philippines declined to 320 million U.S. dollars in September, the Philippine central bank said on Wednesday.Japan was the top source of FDIs, while...

US, India start fresh trade talks seeking elusive deal

6 months ago

US and Indian trade negotiators begin two days of talks Wednesday as they try to reach a deal amid geopolitical turbulence after Washington hit New Delhi with huge tariffs over...

China's major shale oil base reports production breakthrough

6 months ago

A major shale oil production zone in northwest China's Xinjiang Uygur Autonomous Region reported its crude oil output exceeding 1.7 million tonnes so far this year, marking a significant breakthrough...

BMW names new boss to steer car giant in tough times

6 months ago

BMW said Tuesday its head of production Milan Nedeljkovic will take over as chief executive as the German auto giant contends with challenges ranging from the electric shift to Chinese...

ADB, Air Niugini sign 36 mln USD deal to improve air transport in Papua New Guinea

6 months ago

The Asian Development Bank (ADB) and Air Niugini Limited (Air Niugini) have signed a 35.8-million-U.S.-dollar financing package to help modernize Papua New Guinea's (PNG) national airline's fleet, improving its efficiency...

Resilient' airlines head for record passenger numbers: IATA

6 months ago

International airlines expect to transport a record 5.2 billion passengers in 2026 despite global headwinds affecting the sector, the industry's trade association said on Tuesday.Carriers also expect higher profits than...

Pakistan secures further $1.2 billion loan from IMF

6 months ago

Pakistan on Tuesday welcomed the release of a further $1.2 billion in loans from the International Monetary Fund to help its economic recovery and reforms programme, calling it evidence of...

Faulty contract mars economy, employment: Minister Ghising

6 months ago

Lalitpur, Dec 9: Minister for Physical Infrastructures and Transport, Kulman Ghising, has said faulty contract has ruined economy and employment. Minister Ghising said it during a programme organized by Nepal...

Slightly higher price of sugarcane elates farmers in Mahottari

6 months ago

Mahottari, Dec 9 (RSS): Although the government did not set the price of sugarcane as per the sugarcane farmers' demand and expectations, the farmers in Mahottari district are satisfied with...

Feasibility study for tea farming in Surnaya rural municipality

6 months ago

Baitadi, Dec 9: A feasibility study for tea farming has been carried out in three wards of Surnaya rural municipality of Baitadi district.As per the policy and programme of the...

Agro Produce Sale Centre facilitates farmers

6 months ago

Ghorahi (Dang), Dec 9: An Agriculture Produce Sale Centre established at Ghorahi sub-meteopolis-15 has freed farmers from the hassles relating to access to market.Consumers are also benefitted with the agricultural...

Asia, Pacific lifts 2.7 bln people from water insecurity, but ecosystem decline threatens progress: ADB report

6 months ago

More than 60 percent of Asia and the Pacific's population, about 2.7 billion people, has been lifted from extreme water insecurity over the past 12 years, but these hard-won gains...

Reliable North-South Highway necessary for all sector development: Finance Minister

6 months ago

Sudurpaschim, Dec 8: Minister for Finance Rameshwor Prasad Khanal has emphasized the need of reliable highway to connect north and south for overall development of the country.Inaugurating the Sudurpaschim Festival...

Huge potential of investment in Sudurpaschim Province: CM Shah

6 months ago

Kailali, Dec 8: Chief Minister of Sudurpaschim Province, Kamal Bahadur Shah, has said there is huge potential of investment in Sudurpaschim Province.CM Shah said it while receiving a status paper...