Manila / DPA Tourist arrivals reached 542,258 in January, an increase of 13.17 per cent compared to the same month last year, the Department of Tourism (DOT) said. The figure is considered a ‘historical first’ as international visitors breached the 500,000 mark. “At the rate that the industry is growing, tourism has proven that it is an important pillar in ...

New Delhi / Bloomberg India’s central bank was “comforted” that the government stuck with a road map to narrow the fiscal deficit, Governor Raghuram Rajan told reporters in his first public comments since the budget was unveiled two weeks ago. The goal to reduce the fiscal gap to 3.5 percent of gross domestic product in the year starting April 1 ...

Kathmandu / DPA Nepal plans to ask China to provide duty-free access to around 400 new products with export potential during Prime Minister KP Sharma Oli’s visit to Beijing scheduled to start on March 20, officials of the Foreign and Commerce ministries said. Nepali traders can presently export 8,030 products to China without paying import duty, but they have been ...