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Business

National

Fight against money laundering

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KATHMANDU: The state’s money laundering fighting body has been able to score 100 per cent success in getting the accused convicted since it began operations 33 months ago. The Special ...Full story

NTA preparing to develop telecom infrastructure ... KATHMANDU: The government is developing a database of telecom infrastructures based on geographic information system (GIS). It is mainly focused at ...Full story

BIZ BRIEFS ICT Expo next week KATHMANDU: ICT Association of Nepal, on Thursday, said that preparations to hold the seventh edition of ICT Electronics and Br ...Full story

Govt spending miserably low KATHMANDU: The government’s inability to spend even 50 per cent of the annual budget till the end of the third quarter of this fiscal year has raised questions over its pl ...Full story

MoF to arrange loan for NOC today KATHMANDU: The Ministry of Finance (MoF) has principally agreed to arrange a loan of Rs two billion for debt-ridden Nepal Oil Corporation (NOC) to s ...Full story

International

US calls for more investment-friend ...

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WASHINGTON: The United States on Wednesday urged the Indian government that emerges from the ongoing elections to follow economic policies thatencourage investment, saying Washington would like to ...Full story

Jan-March FDI in China up 5.5pc BEIJING: Foreign direct investment (FDI) into China increased 5.5 per cent in the first three months of the year despite faltering in March, the government said on Thursday, tho ...Full story

BIZ BRIEFS Weibo cuts IPO size BANGALORE: China’s Weibo Corp, a Twitter-like messaging service company, raised a less-than-expected $286 million after it cut ...Full story

US economy emerges from winter freeze WASHINGTON: The US economy is showing clear signs of emerging from the brutal winter, with consumer spending picking up broadly, the Federal Reserve’s Beige Book survey sa ...Full story

Japan cuts economy view after sales tax TOKYO: Japan’s government slightly cut its overall view on the economy, its first downgrade in a year-and-a-half, but officials shrugged off t ...Full story