Report in The Kathmandu Post, June 28, 2023Jack Ma, the founder of the technology conglomerate Alibaba and once the richest business leader in China, arrived in Kathmandu on Tuesday afternoon. According to Director General of the Department of Immigration Jhalakram Adhikari, the business magnate landed at Kathmandu’s Tribhuvan International Airport on a special flight at 2:30 pm. As of June 2023, Ma is the fourth wealthiest person in China with a net worth of $34.5…
Posts tagged as “Chinese”
by Krishana Prasain in The Kathmandu Post, June 27, 2023Chinese digital payment service WeChat Pay and NMB Bank Nepal have partnered to make the mobile payment system available in Nepal. The service which launched on Thursday allows Chinese nationals visiting Nepal to pay for their purchases using their mobile sets. In February 2020, Nepal Rastra Bank had allowed NMB Bank to establish infrastructure and a mechanism to bring WeChat Pay to Nepal. But Covid-19 got…
By Nizamuddin Rezahi in Khaama Press online, June 14, 2023Recently, several Chinese investors have traveled to Maidan Wardak to assess potential business opportunities in the central Afghan provinces, official sources said. During the visit, Chinese investors met with the governor of Maidan Wardak province Qari Bakhtyar Mouaz and stated they are interested to build production plants of kitchen utensils, wire nets, and diapers, according to reports. The report added, these foreign investors would like to…
By Skandha Gunasekara in The Morning, June 11, 2023The Government is awaiting the outcome of several court cases regarding the controversial request to export monkeys to China in order to take a decision, as the importer is keen on proceeding with the request, The Sunday Morning learns. Ministry of Agriculture Spokesman Dharma Wanninayake told The Sunday Morning that legal cases filed against the Government’s venture to export monkeys to China were proving to be an…
By Skandha Gunasekara in The Morning, June 11, 2023The Government is awaiting the outcome of several court cases regarding the controversial request to export monkeys to China in order to take a decision, as the importer is keen on proceeding with the request, The Sunday Morning learns. Ministry of Agriculture Spokesman Dharma Wanninayake told The Sunday Morning that legal cases filed against the Government’s venture to export monkeys to China were proving to be an…
report in adaderana.lk, June 8, 2023 at 08:15 pmThe Chinese national who was detained by officials of the Department of Immigration and Emigration last month was deported to China this afternoon (08 June). Lee Pan was placed under detention in late May after attempting to enter Sri Lanka with two forged passports. Subsequently, Minister of Public Security Tiran Alles ordered that all required action be taken to deport the individual. He was summoned before the…
Xinhua report in The Island, June 8, 2023Sri Lankan and Chinese experts held a symposium on coral reef ecology in Colombo on Tuesday to discuss the current state of coral reefs and explore strategies for their protection and restoration. The symposium was hosted by Colombo Port City with the support of the University of Ruhuna, the South China Sea Institute of Oceanology, China-Sri Lanka Joint Center for Education and Research (CSL-CER), bringing together renowned experts…
By Fidel Rahmati in The Khaama Press Online, May 23, 2023The acting Interior Minister of the interim government in Afghanistan, Sirajuddin Haqqani, met with Mr Wang Yu, the Chinese ambassador in Kabul, Afghanistan, on Monday. According to a statement issued by the Ministry, the two sides underlined the issues of mutual interest, including the tripartite conference in Islamabad. According to Haqqani, justice is crucial in international engagement, and he praised China for taking a realistic…
EDITORIAL in The Island, May 3, 2023China has manoeuvred astutely to overshadow the IMF in Sri Lanka. It is never tired of waiting until the time is opportune for action. When Sri Lanka was left with no alternative but to go cap in hand to the IMF, last year, many thought that the western bloc and India had succeeded in removing it from China’s sphere of influence, and Beijing would have its work cut out…
By Krishana Prasain in The Kathmandu Post, May 02, 2023The writer is a business reporter for The Kathmandu Post covering markets.Chinese authorities have issued a new rule under which Nepali trucks are not allowed to cross the border at Tatopani and their cargo has to be transferred to Chinese trucks for onward transport to points in Tibet, officials said. Nepal’s exports through the Tatopani border point resumed on Monday after eight years, and three goods-laden…
Report in The Daily Star, May 1, 2023The Export-Import (Exim) Bank of China has recommended that Bangladesh consider using renminbi (RMB) as a loan currency when receiving financing from the country in order to facilitate deeper bilateral cooperation and accelerate the implementation of digital connectivity projects. “Considering the ongoing US dollar [USD] crisis and progress in establishing digital connectivity, we strongly recommend your side consider using RMB as a loan currency,” said Li Qinxi, deputy…