Despite the overall employment rate of nearly 97 percent, there are significant disparities in the labour market, particularly between rural and urban areas and across genders. The latest Labour Force Survey Quarterly Report (LFSQR) reveals that women are underrepresented in higher-paying jobs and earn less than their male counterparts. In the third quarter, the total […]
Read MoreOfficials express confidence the economy can achieve the government’s full-year growth target of around 5%. China’s economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and factory output figures beat forecasts last month a tumbling property sector remains a major challenge for Beijing as it races to revitalise […]
Read MoreChina will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), officials said Thursday in Beijing’s latest moves to reverse a slump in the property industry. Minister of Housing and Urban-Rural Development Ni Hong said during a news conference Thursday in Beijing that measures will […]
Read MoreKazakhstan’s airlines plan to open flights to Budapest, Riga, Vienna and Munich in the mid-term. To date, direct air traffic has been established with five European Union countries: Germany, Italy, the Netherlands, Poland, and the Czech Republic. Two Kazakh and three European air carriers operate 34 flights per week. During the summer, the number of […]
Read MorePresident Dr. Mohamed Muizzu, at the recommendation of his cabinet, has announced the formulation of a masterplan, in accordance with regional best practices, on the application of artificial intelligence for economic advantage. The decision was reached after deliberations during a cabinet meeting held on Wednesday. As per the President’s Office, the masterplan consists of risk […]
Read More“Last year’s supplementary budget was 13 trillion yen, and I would like to ask for a larger supplementary budget than that, and have it deliberated and passed by the parliament,” Ishiba was quoted as saying on Tuesday during a stump speech as the campaigning for the lower house election kicks off. Japanese Prime Minister Shigeru […]
Read MoreThe country received over NPR 263 billion in remittances during the second month of the current fiscal year, compared to NPR 228.37 billion in the same period last year. “Remittance inflows increased by 15.2 percent to NPR 263.14 billion during this period, following an 18.7 percent rise in the same period of the previous year,” […]
Read MoreConsumers will have to pay Rs159 per litre for petrol and Rs151 per litre for diesel in Kathmandu, Pokhara and Dipayal. The Nepal Oil Corporation has increased the price of petrol, diesel and kerosene. The petrol price has been hiked by Re1 per litre while the diesel and kerosene have gone up by Rs4 per […]
Read MoreThe government has nearly doubled its borrowing from commercial banks in the first three months of the current fiscal year compared to the equivalent period last year, primarily due to lower revenue collection. Bankers also attributed the increased government borrowing to high interest rates on treasury bills and bonds, which have become an attractive investment […]
Read MoreCompliant e-waste recycling could provide Bangladesh with a $500 million annual economic opportunity if the country formally manages all its electrical and electronic waste, which is currently either being informally recycled or discarded into the environment, said experts at a seminar yesterday. The seminar, titled “The Formal E-Waste Management 2024,” was organised by the WEEE […]
Read More
