Xinhua Asia-Pacific news summary at 1600 GMT, Oct. 16

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ISLAMABAD -- Police in northwest Pakistan said on Friday that unidentified armed men torched military vehicles that were being sent to NATO troops in neighboring Afghanistan.

Police in Khyber district in Khyber Pakhtunkhwa province said that unidentified men burnt four NATO military vehicles loaded on two trailers.(Pakistan-NATO-Convoy)

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BANGKOK -- Thailand's Ministry of Commerce said on Friday that the Regional Comprehensive Economic Partnership (RCEP) agreement is ready to be signed in November, and is expected to take effect in the second half of next year.

At the 8th RCEP Ministers' Meeting held on Aug. 27 through video conferencing, it was confirmed that the free trade agreement (FTA) would be signed at the 4th RCEP Summit during the 37th Association of Southeast Asian Nations (ASEAN) Summit in Vietnam in mid-November, said Auramon Supthaweethum, director-general of the ministry's Trade Negotiations Department. (Thailand-RCEP)

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KATHMANDU -- With the Nepali government struggling to raise enough revenues from the economic activities in the country amid the COVID-19 pandemic, generating resources has been a daunting task.

On the first day of his assuming office on Thursday, Finance Minister Bishnu Poudel decided to approve a proposal of seeking loan amounting to 200 million U.S. dollars from the World Bank. (Nepal-COVID-19-Revenues)

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TOKYO -- Japan's Cabinet on Friday approved funding so that coronavirus-linked subsidy programs could be extended to continue to help firms still reeling due to the pandemic.

The decision made by the Cabinet was to use 549.2 billion yen (5.21 billion U.S. dollars) in reserve funds for fiscal 2020 to finance the extension. (Japan-COVID-19-Subsidy Programs) Enditem

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