September 16, 2021
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Cryptocurrency Exchanges in South Korea to Be Classified as Highly Risky
Brunei sees record COVID-19 cases after first local infections in 15 months
US has opportunity to establish stronger economic ties with Laos
Bangladesh ends a strict lockdown even as cases rise.
Stocks Set Another Record as Trading Range Narrows: Markets Wrap
Vietnam concerned over vaccine supply as COVID-19 cases near record
China Warplane Fleet Enters Taiwan’s Air Defense Zone After Two-Month Lull – Newsweek
Fair Work Ombudsman suggests Australian employers could force certain workers to get Covid jab
Cambodia starts vaccine booster drive to shore up COVID-19 defence
Michelin Adds 12 Eateries to Singapore Value-for-Money List – Bloomberg
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Cryptocurrency Exchanges in South Korea to Be Classified as Highly Risky Brunei sees record COVID-19 cases after first local infections in 15 months US has opportunity to establish stronger economic ties with Laos Bangladesh ends a strict lockdown even as cases rise. Stocks Set Another Record as Trading Range Narrows: Markets Wrap Vietnam concerned over vaccine supply as COVID-19 cases near record China Warplane Fleet Enters Taiwan’s Air Defense Zone After Two-Month Lull – Newsweek Fair Work Ombudsman suggests Australian employers could force certain workers to get Covid jab Cambodia starts vaccine booster drive to shore up COVID-19 defence Michelin Adds 12 Eateries to Singapore Value-for-Money List – Bloomberg
Jul
2021
16

Amid the Pandemic, Nepal Takes Key Step Toward Debt Transparency

COVID-19 hit Nepal hard—and at a particularly inopportune time. Nepal’s public debt increased by 35.5 percent in FY2019/20 amid mounting expenditures to mitigate COVID-19 and falling tax revenues due to slowdown in economic activities. The government had established the national Public Debt Management Office (PDMO) in 2018. Its new staff, re-assigned to PDMO from other government departments, needed training on essential debt management functions. Moreover, the information needed for sound debt-management practices was scattered among different public institutions. Nepal-DMF Partnership…
Jul
2021
11

World Bank Approves $100 Million Additional Financing to Strengthen Nepal’s School and Health Sectors

WASHINGTON, July 8, 2021 – The World Bank’s Board of Executive Directors today approved two separate additional financing of $50 million each to support the implementation of the government’s flagship School Sector Development Program, and improve efficiency in the public resource management systems of Nepal’s health sector. “Strengthening Nepal’s school sector and building resilient health systems are critical for human capital development, particularly for poor and vulnerable populations,” stated Faris Hadad-Zervos, World Bank Country Director for Maldives, Nepal, and Sri…
Jul
2021
10

U.S. shipping COVID-19 vaccines to Indonesia, Bhutan, Nepal

Men sit at a resting area after getting vaccinated against the coronavirus disease (COVID-19) as the government started a campaign to vaccinate elderly people above 65 years old, in Lalitpur, Nepal March 7, 2021. REUTERS/Navesh Chitrakar WASHINGTON, July 9 (Reuters) – The United States is shipping 3 million doses of the Moderna COVID-19 vaccine to Indonesia, with another 1.5 million doses of the Johnson & Johnson (JNJ.N)vaccine heading to Nepal and 500,000 Moderna doses to Bhutan, a White House official…
Jul
2021
9

WFP Nepal Country Brief, May 2021 – Nepal

In Numbers 2.8 million food-insecure people 1.84 million malnourished pregnant and lactating women US$ 3.98 million, six-month (June 2021 – Nov 2021) net funding requirements Situational Updates • COVID-19 cases in Nepal hovered around the 9,000-daily mark for much of May before finally dropping in the last week of the month. Tight restrictions on movement across much of the country are credited for the reduced transmission and positivity rate. • Currently, there is no evidence of widespread acute food insecurity.…
Jul
2021
7

“I don’t think about stopping”: 96-year-old devotes post-retirement life to helping children in Nepal

Olga Murray found her purpose in life right before she retired. The now 96-year-old was at the end of her legal career when she took a vacation to a place she’d never been — she traveled to Nepal on a whim.  “The minute I landed I fell in love with the country,” Murray said. “The children, they held my hand, they laughed. They were just so delightful and they wanted to go to school. Most kids didn’t go to school…
Jul
2021
6

Nepal, India revise railway service pact

Kathmandu, July 4 In a major boost to the Nepal-India bilateral ties, the two neighbouring countries revised the Railway Service Agreement on June 30, according to a media report. According to the revised text of the Letter of Exchange, all authorised private container train operators (Indian as well as Nepali) will be able to utilise the Indian railway network to carry freight containers for Nepal’s imports or exports, ending the monopoly of the Indian government-owned Container Corporation of India, the…
Jun
2021
16

Flash floods kill 10 people in Bhutan, seven missing in Nepal

KATHMANDU, June 16 (Reuters) – Flash floods triggered by heavy rains washed away a remote mountain camp in Bhutan on Wednesday killing 10 people and injuring five, while floods in neighbouring Nepal left seven people missing, authorities said. The Bhutan villagers, who had been collecting cordeyceps, a fungus used in medicine, were sleeping when the floodwaters hit just after midnight. Their camp near Laya, about 60 km (37 miles) north of the capital Thimphu, was washed away, local media reported.…
May
2021
30

As Covid Rampages Across Nepal, Workers Pay the Price

KATHMANDU, Nepal — Ram Singh Karki escaped the first wave of India’s pandemic by boarding a crowded bus and crossing the border home to Nepal. Months later, as the rate of new infections fell, he returned to his job at a printing press in New Delhi, which had sustained his family for two decades and helped pay the school fees of his three children. Then India was swept by a second wave, and Mr. Karki wasn’t as lucky. He was…
May
2021
30

Nepal plunges into crisis – again. Here’s what you need to know

Kathmandu, Nepal – Nepal’s president has dissolved the parliament for a second time in less than six months and scheduled snap elections, prompting court challenges and plunging the country into fresh political turmoil as it battles a “catastrophic” surge in coronavirus infections. With the Supreme Court set to hear petitions against President Bidya Devi Bhandari’s order on Thursday, dozens of people have rallied in several Nepalese cities against what they say is a bid by the head of state to…