GDP growth rate in Nepal in 2009 is projected to decline to 4.5 percent compared to the planned rate of 7.0 percent. Inflation is high at 14.4 percent and Nepali rupee has depreciated significantly ($1=Rs 83). In spite of increased revenue mobilisation, the development expenditure has been dismal.
Source:Pangs of Global Financial Crisis: South Asia and [...]
How is global financial crisis aiding China Is corruption to bankrupt China soon? What is really inside Chinese business, government, banking, and finance world? Is global financial crisis accelerating the ongoing corruption and labor cisis? Get lastest analysis and knowledge by leading experts.
Source:China's iron curtain: corruption, global financial crisis, banking, jobs, politics (cmi valparaíso)
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MEDELLIN, Colombia -(Dow Jones)- People’s Bank of China Governor Zhou Xiaochuan said Saturday that the global financial crisis has touched bottom and that there shouldn’t be any further deterioration.
Source:China's Zhou: Global Financial Crisis Has Touched Bottom (Nasdaq)
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Want $8,000 in federal tax credit and not have to repay it? How about $15,000 in tax credit? In a housing market where there tend to be more sellers than buyers, the purchase of a home right now can…
Source:Tax breaks available for home buyers (Greencastle Banner-Graphic)
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Bangkok Bank said its loan book could post a year-on-year decline at the end of the first quarter, signalling a worrying trend for the entire lending sector. Suvarn Thansathit, a Bangkok Bank executive vice-president, said its first quarter net lending would show a ‘’slight contraction” year-on-year, due to lower loan demand and tougher underwriting standards [...]