KATHMANDU, August 8: To help sustain and create jobs, improve services for people and protect small and medium sized enterprises, IFC committed about $2 billion in the South Asian region in the past fiscal year, ending June 2022, with a key focus on helping countries recover from the impacts of COVID-19.
BHAKTAPUR, Aug 15: The Madhyapur Thimi-based Nepal Korea Friendship Municipality Hospital has suspended all its services except emergency from Saturday after some of its health workers and employees tested positive for the novel coronavirus disease COVID-19.
KAPILVASTU, Aug 10: After detecting the coronavirus disease (COVID-19) in five of its employees on Sunday, Kapilvastu Hospital decided to suspend all its services except emergency services from Monday.
MELBOURNE, July 26: Australia’s second-most populous state, Victoria, recorded 459 cases of the new coronavirus, the second-highest daily total and up from 357 cases the previous day, the state’s leader said on Sunday.
ATLANTA, July 22: The United States reported more than 1,000 deaths from COVID-19 on Tuesday, according to a Reuters tally, marking the first time since June 10 the nation has surpassed that grim milestone, as California closed in on passing New York in total infections.
BRASILIA, July 21: Two more Brazilian government ministers said on Monday they had tested positive for the novel coronavirus, underscoring a struggle to limit the world’s second-worst outbreak even among the political elite.
KATHMANDU, July 15: After almost four months of nationwide lockdown enforced by the government to curb the spread of COVID-19, a few public transportation companies have resumed transportation services in Kathmandu Valley.
GENEVA, July 5: The World Health Organization (WHO) said on Saturday that it was discontinuing its trials of the malaria drug hydroxychloroquine and combination HIV drug lopinavir/ritonavir in hospitalised patients with COVID-19 after they failed to reduce mortality.
KATHMANDU, July 2: Manish Khadka decided to shut down his screen printing business that he had been running in Patan as he was not certain when he would be able to return home from Indonesia. He had left for Indonesia on March 6 for a short trip but was left stranded for more than three months due to abrupt suspension of international flights to and from Nepal.
KATHMANDU, June 3: Had it been a time when the world was not exposed to the Coronavirus (COVID-19) pandemic, Sanjib Pathak would have been consulting students now– those willing to apply for foreign universities. But the 32-year-old consultant has now been spending time in his home in Naikap, reading books, but generally making the most out of his time practicing vegetable gardening.
KATHMANDU, May 27: The government unveiled the Economic Survey of the current fiscal year 2019/20 on Tuesday, its assessment of the performance of the country's various economic and financial indicators. But, reading this report in the end of May will take you back to mid-March, and gives you a false sense that the country's economy has been doing fairly well.
KATHMANDU: A coronavirus positive case at the Tokha-based Grande International Hospital confirmed Saturday morning is a staff, who used to bring swab samples to the Teku-based National Public Health Laboratory (NPHL), confirmed a high-level police officer on condition of anonymity
BAITADI, May 23: As many as 378 Nepali citizens including four grieving family members stranded along the Nepal-India border in Baitadi have been allowed to enter the country on Friday. They have been rescued from Jhulaghat and Pithoragarh.
TOKYO, May 23: The coronavirus pandemic continued to drop in much of Asia on Saturday even as the outbreak surged in Latin America, as the world grappled with balancing the urge to restart economies with fears about health risks.
MUMBAI, May 7: Hundreds of Indian police have tested positive for the coronavirus in recent days, raising alarm among an over-stretched force as it attempts to enforce the world’s largest lockdown to contain the pandemic.
KATHMANDU, May 3: Save the Children in Nepal has handed over 1743 sets of personal protective equipment (PPE) and essential health commodities to the Ministry of Health and Population (MoHP) to support the government of Nepal to curb the spread of COVID-19.
NEW DELHI, May 2: India has mandated that all public and private sector employees use a government-backed Bluetooth tracing app and maintain social distancing in offices as New Delhi begins easing some of its lockdown measures in lower-risk areas.
NEW YORK – After the 2007-09 financial crisis, the imbalances and risks pervading the global economy were exacerbated by policy mistakes. So, rather than address the structural problems that the financial collapse and ensuing recession revealed, governments mostly kicked the can down the road, creating major downside risks that made another crisis inevitable. And now that it has arrived, the risks are growing even more acute. Unfortunately, even if the Greater Recession leads to a lackluster U-shaped recovery this year, an L-shaped “Greater Depression” will follow later in this decade, owing to ten ominous and risky trends.
SYDNEY, April 23: Australia will push for an international investigation into the coronavirus pandemic at next month’s annual meeting of the World Health Assembly, the decision-making body of the World Health Organization (WHO), its prime minister said on Thursday.
NEW DELHI/ISLAMABAD, April 13: India and Pakistan are planning to partially open up some parts of the economy, officials in the two countries said on Monday, as the costs of harsh lockdowns to limit the outbreak of the coronavirus mount across the region.
KATHMANDU, April 9: World Link, Nepal's leading internet service provider, has deployed teams in all its branch offices across the nation for field support for smooth internet service to its customers during the lockdown period.
WUHAN, China, April 8: The central Chinese city of Wuhan began allowing people to leave on Wednesday for the first time since it was locked down 76 days ago to contain the novel coronavirus, despite fears of a second wave of infection if such restrictions are eased too soon.
KATHMANDU, April 7: The World Bank has approved a fast-track $29 million COVID-19 Emergency Response and Health Systems Preparedness Project to help Nepal prevent, detect, and respond to the COVID-19 pandemic and strengthen its public health preparedness.