A double-digit drop in capital machinery imports and falling export revenues have driven Bangladesh’s trade deficit up by nearly 24 percent to $23.98 billion in FY 2025-26, leaving a historic $35.5 billion remittance surge to single-handedly cushion the external economy from severe distress. The external trade is presenting a stark, two-way picture. On one hand,...Read More

Iraq’s cabinet has approved a series measures aimed at diversifying the country’s crude export routes and boosting production, including reviving plans to build a new pipeline to Syria through the Mediterranean Sea In a flurry of oil and gas sector decisions announced late on Saturday, the cabinet has approved signing of a memorandum of understanding...Read More

By Raman Paudel/Indira Aryal, Kathmandu, July 26: A farmer named Nabaraj Giri in Benighat Rorang Rural Municipality, Dhading district, spent more than one million rupees to buy timber-made materials such as a sofa, sleeping bed, and table for his new house this year. He has hundreds of trees in a forest in his private land...Read More