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Posts tagged as “stands”

Businesses in Bhairahawa suffer as new international airport lies empty:

By Sanju Paudel in The Kathmandu Post, Nov 29, 2023A year and a half after the completion of the country’s second international airport in Bhairahawa in the southwest Tarai plains, the facility still stands empty. Nepal has spent nearly Rs40 billion on the construction of an airport that does not receive scheduled flights. Insiders say that the airport which was considered a landmark, and a sign of progress in this region before it was built,…

China bucks restructuring, stands for management

by Kelum Bandara in Daily Mirror, Aug 19, 2023In rescheduling Sri Lanka’s external debts, China, as the single largest bilateral creditor, is likely to have its own ‘debt management’ criterion for Sri Lanka instead of having a common mechanism with other creditors, a top source said. Sri Lanka is currently in the process of restructuring its debts in keeping with programme with the International Monetary Fund (IMF). India, France and Japan have formed a common…