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Policy in works to scale up bamboo cultivation

The policy, expected by the end of this year, is expected to lay down of BIS standards for bamboo, food and safety standards certification for bamboo products and geographical indications (GI) tagging to enhance exports opportunities for bamboo.

India , China , Ramesh-chand , National-bamboo-mission , Though-india , Nutrition , Carbon , Bis , Green-gold , Biofuel , Bamboo-cultivation , Circular-economy

BIS explores encoding location-specific policy into protocol for cross-border use cases

The Bank for International Settlements (BIS) and its central bank partners have launched a project which explores the feasibility of encoding jurisdiction-specific policy and regulatory requirements into a common protocol for cross-border use cases.

Switzerland , South-korea , Singapore , Australia , Malaysia , France , Korea , Swiss , Singapore-centre , International-settlements , Bank-negara-malaysia

Bank of Korea takes first step to adopt centralized digital currency

The Bank of Korea (BOK) announced its first move toward adopting a central bank digital currency (CBDC). A CBDC is a new form of digital money issued by a central bank.

South-korea , Japan , Bahamas , The , China , Nigeria , Korea , Cecilia-skingsley , International-settlements , Financial-services-commission , European-union , Financial-supervisory-service

Education briefs

Cravens recognized for PBIS work

Owensboro , Kentucky , United-states , David-daniel , Tony-johnson , Beckett-gilmore , Orion-bray , Kaden-blankenship , Veterinary-technology , Owensboro-high-school-academic-team , Cravens-elementary-school , Owensboro-community-technical-college

Footwear, allied industries hold nationwide protest against mandatory imposition of BIS norms

Kochi, Sep 28 (PTI) Footwear manufacturers and allied industries from 13 states held a protest, dissenting against the Central government's imposition of BIS quality certification on all kinds of footwear.

India , Footwear-council , National-chairman , All-india , Bis , Msme , India-news , Ll-india-msme-footwear-council , Protest ,

goyal: High-quality standards to help India become developed economy by 2047: Goyal

There are around 400 standing technical committees in BIS carrying out standardisation work in 16 broad technology areas/sectors covering both core technology areas as well as new and emerging areas like geospatial information, artificial intelligence, blockchain, e-mobility, space research, smart manufacturing, smart farming etc.

India , Atmanirbhar-bharat , Bureau-of-indian-standards , National-institute-for-training , Consumer-affairs , Consumer-affairs-minister-piyush-goyal , Indian-standards , National-institute , Goyal , Bis , Piyush-goyal , National-institute-for-training-in-standardization

Legal fog over central bank digital currencies 'unacceptable,' BIS warns

Head of global umbrella body: ‘The public rightly demands forms of money that meet their needs and expectations’

Mexico , Agustin-carstens , International-settlements , European-central-bank , Log-increate-free , Bank , Money , Currency , Carstens , Work , World , Lack

Castellanos drives in four, sets career high in RBIs, to lift Phillies 5-4 over Mets

Nick Castellanos homered and drove in four runs to reach a career-best 103 RBIs in a season, and the Philadelphia Phillies maintained their hold on the top NL wild-card spot with a 5-4 victory over the New York Mets on Thursday night. Alec Bohm also homered and Bryce Harper added a pair of hits for the defending NL champion Phillies, who opened a seven-game homestand with their fifth win in their last seven game. Philadelphia (84-69) is 3 games ahead of Arizona for the first NL wild card.

New-york , United-states , Arizona , Cincinnati , Ohio , Philadelphia , Pennsylvania , Alec-bohm , Nick-castellanos , Francisco-alvarez , Jeff-mcneil , Diego-juan-soto

BIS pledges support for Vietnam in banking infrastructure development, digital transformation

The Bank for International Settlements (BIS) will continue to accompany and support the State Bank of Vietnam (SBV) in investing in payment and financial infrastructure development and promoting digital transformation, contributing to improving risk management in the local banking sector, stated BIS General Manager Agustin Carstens.

Hanoi , Han-i , Vietnam , Republic-of , Vietnamese , Agustin-carstens , Tuan-anh , International-settlements , Economic-commission , Headquarters-of-the-state-bank , Vietnamese-party , State-bank

Central Banks entering a new and tougher phase in their fight to tame inflation

Central banks face tougher task in taming inflation as interest rates are expected to stay higher for longer.

Canada , India , Canadian , Claudio-borio , Central-banks , Banks , Bank-for-international-settlements , Monetary-and-economic-department , Monetary-department , Economic-department , Bis