South Asia must reform SOBs and SOEs: Report South Asia’s heavy reliance on stateowned commercial banks, stateowned enterprises, public-private partnerships and other national and sub-national public entities conceals its vulnerability to accumulating unsustainable levels of debt, according to a new World Bank report titled ‘Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia’, released today. Business 30 Jun, 2021
Bus park removed from Khula Manch Kathmandu Metropolitan City’s decision to remove the bus park from Khula Manch came into effect on Tuesday with no vehicles allowed to enter the historic open space. Kathmandu 30 Jun, 2021
APF stops Indian dam repair efforts Armed Police Force in Rautahat have stopped repair work of a dam built in the Das Gaza area by the Indian side. Nepal 30 Jun, 2021
Impact of COVID-19 The past year has been one of the toughest in recent history, due to the harsh health, economic, and social impacts of the COVID-19 crisis. Blogs 30 Jun, 2021
Quantitative easing Quantitative easing (QE) is an unconventional monetary policy, which usually involves a country’s central bank purchasing longer-term government bonds, as well as other types of assets, such as mortgage-backed securities. Blogs 30 Jun, 2021
EC issues code of conduct for office-bearers The Election Commission has issued the ‘Code of Conduct for EC Office-bearers, 2021’ to ensure the involvement of its office-bearers in managing and conducting elections in a fair, independent, impartial, credible, transparent and economical manner, while enhancing people’s faith in the election system. Nepal 30 Jun, 2021
Anti-defection law key weapon of defence team Deputy Attorney General Padam Prasad Pandey, who appeared before the constitutional bench of the Supreme Court to defend the government in the House of Representatives dissolution case, said Prime Minister KP Sharma Oli recommended dissolution of the House of Representatives out of compulsion as a new government could not be formed. Kathmandu 30 Jun, 2021
Future of tourism Tourism is among the industries that have been hit hardest by the COVID-19 crisis. Over a year since the onset of the pandemic, the numbers are staggering: Tourism destinations recorded one billion fewer international arrivals in 2020 than in 2019. Blogs 29 Jun, 2021
Soul sutra We all have— whatever our station, profession or resolve —a natural, also refined, ability to express our feelings, or disentangle our apprehensions, while freeing ourselves from the realm of rejection, if not avoidance. The latter, whether agreeable or disagreeable, may not be as casual as it appears to be on the exterior. Blogs 29 Jun, 2021
"We need all hands on deck to ensure Nepal receives vaccines on a timely basis" "The COVID-19 situation in the region and in Nepal remains worrisome. Though it is encouraging to see a gradual decline in the second wave, the risk to lives and livelihoods remains significant with infections and deaths still occurring every day, and the threat of evolving variants of the virus." Business 29 Jun, 2021
New standards for arrival passengers The Civil Aviation Authority of Nepal (CAAN) on Monday issued amended standards of passenger arrival to Nepal. Nepal 29 Jun, 2021
Limited number of international flights In further modification to the urgent notice issued by the Civil Aviation Authority of Nepal (CAAN) on May 31, the government has decided to allow limited number of scheduled flights to China, Qatar, Turkey, UAE, Saudi Arabia, Kuwait, Oman, Malaysia, South Korea and Japan for designated airline of respective countries with conformance of specified health safety protocols. Business 29 Jun, 2021
