KATHMANDU: Economic Digest presents a brief yet comprehensive roundup of major business developments in Nepal, delivered in clear and accessible summaries. The events of the week present a mixed …
Axiata to exit struggling Nepal business
Malaysian telco Axiata has decided to exit its Nepal business Ncell, with writedowns from the troubled business taking it into the red for the first three quarters. CEO Vivek Sood said the outlook was …
Nepal secures $20 million from Loss and Damage Fund, awaits decision on Bhotekoshi plea
Kathmandu, Sept. 9 — Nepal is set to receive US$20 million in climate finance under a mechanism established to support countries vulnerable to climate change.
Nepal parliament panel set up to assess economic impact of flash floods
KATHMANDU: A seven-member parliamentary sub-committee was set up on Wednesday to assess the impact of the devastating Rasuwa flash flood on Nepal’s economy and examine issues related to climate …
Nepal parliament panel set up to assess economic impact of flash floods
KATHMANDU: A seven-member parliamentary sub-committee was set up on Wednesday to assess the impact of the devastating Rasuwa flash flood on Nepal’s economy and examine issues related to climate …
Families of missing pilgrims in Tibet demand answers from China
By Ju-min Park BEIJING, Sept 5 (Reuters) – Priyanka Choudhary, an Indian-born Finnish citizen returning from a Hindu pilgrimage in Tibet, was at a border crossing with Nepal when a catastrophic …
The remote Nepal-China border crossing at the heart of a Himalayan tragedy
More than 100 Indians are missing at a vital Nepal-China trade crossing after devastating Himalayan floods.
China exerts tight grip on information after floods along the border with Nepal
It’s been more than a week since deadly flash floods killed hundreds and left thousands missing along the China-Nepal border — and practically nothing is known about the victims on the Chinese side.
The final minutes before floodwater crashed through Nepal-China border
But fragments of video and satellite imagery show much of the border complex swept away, with buildings that once crowded the valley floor simply gone. Electronic immigration records from Nepal’s …
China shifts Zhangmu crossing point at Nepal border
BEIJING, Sept 4 (Reuters) – China will shift its Zhangmu customs inspection site that links the Tibet region to Nepal from Saturday morning, enforcing restrictions on the road leading to the new site, …