The Bhaktapur-based school, Rajarshi Gurukul bagged ‘The Best International School in Nepal 2019’ in Asian Education Leadership Awards 2019, held in Kolkata, India on September 15.

Asia’s scary movie

July 22, 2019 00:30 am

NEW YORK – History at any moment can be understood as a snapshot, telling us where we are, or as a moving picture, telling us not just where we are but where we have been and where we may be headed. It is a distinction with an enormous difference.

ASIR GUDANG/JOKHABAD, May 31: When local investigators scoured a riverbed in southern Malaysia for clues in a chemical dumping case that hospitalized over one thousand people earlier this year, they found a cocktail of toxins, including a colorless liquid commonly secreted when tires are recycled.

SEOUL, May 1: Thousands of trade union members and activists were marking May Day on Wednesday by marching through Asia’s capitals and demanding better working conditions and expanding labor rights.

Balance in a turbulent world

April 16, 2019 01:25 am

The Trump administration in the US has come up with the Indo-Pacific doctrine which in many ways is a restatement of Barak Obama’s pivot to Asia, known as the rebalance doctrine. Both doctrines are of the same origin and carry a shadow of the famous Thucydides trap that was popularized by Harvard Professor Graham Allison in the 1990s.

Your daily dose of missed important news of the day.

Asia's football chief and FIFA's second-in-command Sheikh Salman bin Ebrahim al Khalifa received a fresh, four-year term on Saturday, triggering complaints from campaigners who said regional soccer was in "crisis" over human rights.

SINGAPORE, March 28: Avoiding threats from climate change and pollution will require Asia’s booming cities to become much more efficient in their use of energy resources, delegates at a city development conference said on Thursday.

BENGALURU, March 19: Corporate spending in Asia is likely fall for the first time in three years, a Reuters analysis of Refinitiv data showed, as businesses conserve cash in the face of a stalling Chinese economy, an unresolved trade dispute and Brexit uncertainty.

Testing times for Asia

March 3, 2019 02:00 am

Nepal should be cautious about possible fallout of Western strategy to counter China by using South Asia, including Nepal and India

SINGAPORE, Feb 28 : Oil prices dipped on Thursday, dragged down by weakening factory output in China and Japan and record U.S. crude output, although markets remained relatively well supported by supply cuts led by producer club OPEC.

LONDON, Feb 27 : European stock markets opened lower on Wednesday after fresh hostilities erupted between India and Pakistan, causing Asian assets to fall and pushing investors into safe havens such as the yen.

KATHMANDU, Feb 19: Nepal beat Malaysia by 34 runs in the opening match of the ICC Women T20 World Cup Qualifier -Asia 2019 going on in Thailand.

WASHINGTON, Jan 31: Secretary of State Mike Pompeo says he is sending a team “someplace in Asia” to set up a second summit between President Donald Trump and North Korean leader Kim Jong Un by the end of February.

SINDHULI, Jan 31: With the increasing number of vehicles along this vital highway, various places along the Banepa-Bardibas section of BP Highway have developed numerous cracks and bumps, making travelling risky. The shoddy repair work carried out recently along various sections of the highway has made the road even more dangerous.

On a summer day in the mountains high above Almaty, Kazakhstan's largest city, the Tuyuksu glacier is melting like mad. Rivulets of water stream down the glacier's thin leading edge.

HONG KONG, Jan 2: Factory activity weakened across Asia in December as the Sino-U.S. trade war and a slowdown in Chinese demand hit production in most economies, strengthening the case for a pause in interest rate hikes in the region in 2019.

Even though China has remained favorite destination for investors for decades, India has pipped its neighbour in 2018 for the first time in the last 20 years in terms of foreign direct investment (FDI), changing the dynamics of attractive Asian market.

SEOUL, Dec 29: To judge by the stream of extraordinary images on the Korean Peninsula, you might think 2018 marked the beginning of an elusive peace in one of the world’s last vestiges of the Cold War.

European Investment Bank (EIB) is the public bank owned by 28 member countries of the European Union. The EIB supports investment in 160 countries worldwide. In Asia, it focuses on support for climate-related investment. Nearly 14 percent of its investment is outside the EU including Asia. The EIB has provided more than 190 million euro for energy investment across Nepal over the last five years.

A glance of Asia-Pacific Summit 2018

November 29, 2018 17:16 pm

KATHMANDU, Nov 29: With the slogan “Addressing Critical Challenges of Our Time: Interdependence, Mutual Prosperity and Universal Values” Nepal is hosting for the regional summit for Asia-Pacific nations, which is scheduled to be held on November 30 –December 2.

BANGKOK, Nov 2: Despite rapid economic growth, the Asia-Pacific region has nearly a half billion people who go hungry as progress stalls in improving food security and basic living conditions, a United Nations report said Friday.

Fresh hope in South Asia

August 6, 2018 01:00 am

With new and fresh leadership in South Asian countries, there are hopes that initiatives will be taken to revive SAARC and resolve regional issues

KATHMANDU, July 28: The qualifying event for Asia Cup 2018 has been shifted to Malaysia, where top six Asian associate nations will compete to earn a spot in the forthcoming marquee Asian cricket event in September. The Asian Cricket Council (ACC) revealed the change in venue, from India to Malaysia, through their official twitter handle and website on Friday.

Asia Cup 2018 schedule confirmed

July 25, 2018 07:12 am

KATHMANDU, July 25: The schedule for the Asia Cup 2018 has been confirmed to run from 15 to 25 September at the United Arab Emirates (UAE). Test nations Bangladesh and Sri Lanka will take on each other to inaugurate the marquee Asian cricket championship at the Dubai International Cricket Stadium.

KATHMANDU, July 11: NIC Asia Bank Limited opened new branch offices at Amargadhi of Dadheldhura and Dipayal Silgadhi of Doti.

KAZAN, July 3: South Korea hammered the Germans, and Japan very nearly did the same to Belgium, but Asia’s representatives are once again heading home before the business end of the World Cup gets going.

SARANSK, June 19: Japan beat 10-man Colombia 2-1 in their opening Group H match on Tuesday, the first time an Asian team has overcome a South American one at the World Cup.

KATHMANDU, June 13: The 7th NIC Asia Property Expo 2018 Nepal being organized in Kathmandu from June 15 to 19. The event will be held at Bhrikuti Mandap Exhibition Center.

SHANGHAI, May 24: Asian shares moved lower on Thursday as investors fretted about new setbacks in U.S.-China trade talks, but negative sentiment was tempered by U.S. Federal Reserve meeting minutes suggesting it would not raise the tempo at which it increases interest rates.

KATHMANDU, April 27: The Global Alliance for Banking on Values (GABV) has appointed Upendra Poudyal, a senior banker, as its representative for the Asia Pacific region.

KATHMANDU, April 26: Nepal ranks second in South Asian countries in World Press Freedom Index of 2018. The World Press Freedom Index ranks 180 countries on indicators such as media independence, self-censorship, the rule of law, transparency and abuses.

Asia after Trump

April 11, 2018 00:00 am

According to most experts, while China’s capacity is improving, US remains world leader in research and development.

KATHMANDU, April 10: NIC Asia Bank Ltd and International Finance Corporation (IFC), a member of the World Bank Group, has exchanged a mandate letter for long-term loan. The loan from IFC is subject to approval from the Nepal Rastra Bank (NRB).

KATHMANDU (REPU-BLICA): The resignation submitted by Chief Executive Officer (CEO) of NIC Asia Bank, Laxman Rijal, has been accepted by the bank's board. Deputy CEO of the bank, Roshan Kumar Neupane, has been appointed as its acting CEO.

KATHMANDU, March 16: Prime Minister K P Oli has said that the new era for economic development has begun in Nepal. Speaking at the inaugural ceremony of the 6th SAARC Business Leaders’ Conclave that kicked off in capital on Friday, Prime Minister Oli said that there is a need for deeper integration among South Asian countries to steer the region toward the path of economic prosperity.

NIC Asia Bank bows to NBA pressure

March 14, 2018 06:38 am

KATHMANDU, March 14: Nepal Bankers Association (NBA) and NIC Asia Bank Ltd have agreed to mend fences after the commercial bank decided to roll back its decision to offer deposit rates higher than the rates capped by the association through an 'informal understanding'.

Nepal Bankers Association (NBA) has decided that its 27 member banks will suspend interbank transactions with NIC Asia Bank for breaching understanding on capping deposit rates.

KATHMANDU, March 10: Nepal Bankers Association (NBA) on Friday told its member banks to suspend their interbank transactions with NIC Asia Bank Ltd for raising interests on deposits “in breach of an informal understanding to cap the interest rates.”

KATHMANDU, March 6 (RSS): Shahid Khaqan Abbasi, Prime Minister of Pakistan has said peace, security and mutual friendship were essential for the prosperity of South Asia.

NIC Asia wins NIB Inter-bank Futsal

February 17, 2018 09:44 am

KATHMANDU, Feb 17: NIC Asia Bank has clinched the Nepal Investment Bank (NIB) Inter-bank Futsal Tournament defeating the host 3-2 on penalties at the Samakhusi Futsal on Friday. The winning team, NIC, received an overnight package to Pokhara along with trophy.

PYONGYANG, Feb 16: Roared on by a home crowd, South Korea’s Yun Sung-bin made history today. In an event that until now had been dominated by Western athletes, he became the first Asian to win gold in skeleton at the Winter Olympics.

KATHMANDU, Jan 25: JCB India Ltd has honored MAW Earthmovers Pvt Ltd on Tuesday for selling 2,140 JCB brand equipment in 2017.

KATHMANDU, Jan 9: Air Asia X, which had promised to pay Rs 100 million it owed to the Civil Aviation Authority of Nepal (CAAN), paid only Rs 13 million on Monday.

KATHMANDU, Jan 8: After repeated follow up, Malaysia-based Air Asia X has paid Rs 20 million of the total Rs 230 million it owes to the Civil Aviation Authority of Nepal (CAAN) in various services including passengers service charge, airport development fee, landing, parking and the fees involving the use of navigational equipment.

NIC ASIA Bank bags two awards

December 22, 2017 00:30 am

KATHMANDU, Dec 22: NIC ASIA Bank Limited has bagged two awards in Nepal BFSI Excellence & Leadership Awards 2017.

KATHMANDU, Dec 20: Securities Board of Nepal (Sebon) has permitted NIC ASIA Bank Limited to issue 3 million units of NIC Asia Debenture 2081/82 worth Rs 3 billion.

KATHMANDU, Dec 20: Securities Board of Nepal (Sebon) has permitted NIC ASIA Bank Limited to issue 3 million units of NIC Asia Debenture 2081/82 worth Rs 3 billion.

KATHMANDU, Dec4: The opening ceremony of the 10th Asia For Animals Conference was held on Monday at Hotel Yak & Yeti, Durbar Marg. The Asia for Animals Coalition brought together 23 of the world’s leading animal welfare organizations who shared major focus on improving conditions for animals in Asia.

KATHMANDU, Nov 21: Nepal Women national cricket team has moved up to the second position at the ICC Women’s World T20 Asia Region qualifiers points table after the match against Hong Kong Women was washed away on Tuesday at Bangkok, Thailand.