Economy

Nepal’s 1,000 MSMEs to empower with digital skills, access to e-commerce
A new partnership deal reached between Thulo.Com, Swiss Agency for Development and Cooperation (SDC) and the UN Capital Development Fund (UNCDF) is to help Nepal’s 1,000 micro, small and medium enterprises (MSMEs) to digitize their operations, including at least 60 Read More

Lanka facing hardship economy: IMF
An International Monetary Fund (IMF) team led by Peter Breuer and Masahiro Nozaki conducted a virtual mission with the Sri Lankan authorities during May 9-24 on an economic program that could be supported by an IMF lending arrangement. The IMF Read More

United Airlines, Virgin Australia launch code share partnership
Virgin Australia and United Airlines have celebrated their new partnership with a launch at, Sydney International Airport, today. The media event, ahead of United’s first San Francisco flight under the new partnership (UA870) was hosted by Virgin Australia CEO, Jayne Read More

Nepal’s second international airport comes into operation
Govt. waives full charges to airlines in BWA Government of Nepal is to waive 100 percent charge on service facilities to international airlines flying at Gautam Buddha International Airport (GBIA). The code for the airport has been fixed as BWA. Read More

TAT at 29th SATTE Mart in India
The Tourism Authority of Thailand (TAT) is prominently presenting the Thailand Stand at the 29th edition of South Asia’s Travel and Tourism Exchange (SATTE) 2022 at the India Expo Mart, Greater Noida, New Delhi. With high-ranking Thai tourism officials and Read More

South Asian nations Pak, Lanka, Nepal face foreign currency reserve crisis
As Pakistan is also facing foreign currency crisis, the Pak Prime Minister Shehbaz Sharif government announced an ‘emergency economic plan’ on Thursday which would be effective immediately. Under the plan Pakistan has banned the import of 38non-essential items to save Read More

Payment ‘With Face Identity’
A global pioneer in innovation and technology payment system. Mastercard has launched a new version of biometrics methodology payment system. According to an American multinational financial services corporation Mastercard let their customers pay with the palm of their hand or Read More

IMF concludes Quinquennial SDR Valuation
The Executive Board of the International Monetary Fund (IMF) completed the quinquennial review of the method of valuation of the basket of currencies that make up the Special Drawing Right (SDR) on May 11, 2022. The review covered the composition Read More

Thulo.com and EMERGE’s project empowers women entrepreneurs
Thulo.com and Enterprise for Management, Economic Reform and Gender Equality Private Limited (EMERGE) conducted closing hybrid workshop (in which virtual and in-persons were attended) on May 11, 2022 Wednesday marking the completion of 10-month long project entitled "Fostering Resilience of Read More

Dubai receives nearly 4 M tourists in 1st quarter
Dubai has welcomed almost four million international visitors in the first quarter of 2022. It is a 214% increase compared to last year’s first quarter. The emirate was also ranked No. 1 globally in hotel occupancy in the first quarter Read More