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Business

National

Nepal-Korea sign FAG

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KATHMANDU:The government of Nepal and the government of the Republic of Korea have signed a Framework Agreement for Grant at the Ministry of Finance today. The objective of ...Full story

Govt to fix minimum broadband speed at 512 kbps KATHMANDU: The government is preparing to fix the minimum speed of broadband connection at 512 kilobytes per second (kbps) through the broadband policy, which i ...Full story

FCGO to roll out new public accounting software by ... KATHMANDU: The government is mulling over rolling out a new public sector accounting system of international standard in all the ministries by next fiscal year, ...Full story

Nepal ranks second in ease of doing business in SA ... KATHMANDU: Nepal has been identified as the second most ideal destination in South Asia for opening and running a business, indicating country has fairly adequa ...Full story

Qatar Airways introduces offline payment solution KATHMANDU: Qatar Airways, the national airline of Qatar, has announced the introduction of an offline payment solution for reservations made through www.qatarai ...Full story

International

LG profit surges

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SEOUL: South Korea’s LG Electronics Inc said on Wednesday its third-quarter profit jumped 87 per cent over a year earlier as smartphone sales set a record high. LG Electronic ...Full story

Global consumer confidence improves‚ India ... LONDON: Consumer confidence in the United States jumped in the third quarter and improved globally, although people were more optimistic about job prospects tha ...Full story

Tax summit in Berlin aims to say goodbye to bankin ... BERLIN: The finance ministers of around 50 countries meet in Berlin today to sign a deal they hope will put an end to banking secrecy and aid the worldwide figh ...Full story

World Bank urges China to cut economic growth targ ... BEIJING: China can cut its economic growth target to seven per cent next year without hurting its labour market, the World Bank (WB) said today even as it urged ...Full story

Indian banks' soured loans hit three-year high: Mo ... NEW DELHI: Soured loans in India’s banking system are at a three-year high, global credit rating agency Moody’s said today, as it warned that a mute ...Full story