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Nepal has failed to attract bigger FDI from India
— March 22, 2016Indian Ambassador to Nepal Ranjit Rae has said Nepal has failed to attract bigger foreign direct investment (FDI) from the southern neighbour. Although FDI commitments from China and other countries have grown lately, India has traditionally been Nepal’s largest source of foreign investment. “Nepal should create investment friendly environment to attract more FDI from India,”…
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China trying to resolve dam scheme
— March 11, 2016China is pursuing efforts to resolve the problem of a stalled dam project in Myanmar, its foreign minister said, adding that Beijing had confidence in the incoming government of democracy leader Aung San Suu Kyi’s party. In 2011, Myanmar President Thein Sein angered Beijing by suspending the $3.6-billion, Chinese-invested Myitsone dam project, some 90 percent…
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SAGA OF NGULTRUM ONE
— March 11, 2016Many Bhutanese do not value or give importance to lower denomination Ngultrum notes. People say high inflation, over long periods, has eroded the intrinsic value of lower Ngultrum notes, especially one Ngultrum note. While economists attribute this to high inflation, others believe it is due to lack of adequate financial literacy and saving culture. In…
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Bangladesh’s Great Take Off
— March 7, 2016SUBIR BHAUMIK Bangladesh’s economy, once consigned to be at the very bottom of the comity of nations, is looking up as never before. That should be good for India, because any growth in Bangladesh is bound to rub off on India’s poorly developed eastern and north-eastern states and also because Bangladesh is only too keen partner India in regional development. A recent…
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TIPAIMUKH a plea for rational and scientific discussion
— March 6, 2016GOWHER RIZVI A controversy has been raging about the impact of the proposed construction of the hydroelectric project in Tipaimukh on the environment, economy and security of Bangladesh. We cannot afford to take this lightly and we must do whatever it takes to ensure that our national interests are not compromised in any way. We…
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