Nepal, in the past decade, has nearly halved the percentage of the population living under poverty even though the economic growth of the nation as a whole has been considerably low. During the period, Nepal went through devastating earthquakes in 2015 which terribly affected the country’s economy, but managed to recover in a couple of years. In 2019, the growth rate in GDP of Nepal was 6.7 percent. With the increase in GDP and per capita income, the living standard of households has significantly improved resulting in increased household spending on better health, education, wellbeing and going beyond daily necessities to creating means for additional income sources.
SEOUL, July 25: South Korea reported 113 cases of the new coronavirus on Saturday, the Korea Centers for Disease Control and Prevention (KCDC) said, the largest one day increase since March, bring the country’s total to 14,092.
KATHMANDU, July 9: As many as 108 new cases of coronavirus were confirmed in various parts of the country in the past 24 KATHMANDU, July 9: As many as 108 new cases of coronavirus were confirmed in various parts of the country in the past 24 hours, according to Health Ministry. hours, according to Health Ministry.
BEIJING, June 21: Mainland China reported on Sunday 26 new confirmed coronavirus cases for June 20, down from 27 a day earlier, driven largely by the latest outbreak of COVID-19 in the Chinese capital.
BEIJING, June 16: Chinese authorities locked down a third neighborhood in Beijing on Tuesday as they rushed to prevent the spread of a new coronavirus outbreak that has infected more than 100 people in a country that appeared to have largely contained the virus.
KATHMANDU, May 1: Nepal has cut its economic growth forecast for the fiscal year that ends in mid-July to the lowest in four years, saying on Thursday the country had taken a hit from a nationwide lockdown to control the coronavirus outbreak.
WASHINGTON, April 19: U.S. President Donald Trump warned China on Saturday that it should face consequences if it was “knowingly responsible” for the coronavirus pandemic, as he ratcheted up criticism of Beijing over its handling of the outbreak.
For years, financial inequality has widened in the United States and elsewhere as wealth and income have become increasingly concentrated among the most affluent while millions struggle to get by. Now, the coronavirus outbreak has laid bare the human cost of that inequality, making it more visible and potentially worse.
KATHMANDU, April 12: Nepal's economic growth is expected to fall to a range between 1.5 and 2.8 percent in the Fiscal Year 2020 reflecting lower remittances, trade and tourism, and broader disruptions caused by the coronavirus outbreak, the World Bank said on Sunday.
Although the COVID-19 pandemic is primarily a public health crisis, experts are now voicing their concerns that the virus could have a much broader impact on the global economy. The UN's trade and development agency says the slowdown caused by the coronavirus outbreak could cost the global economy up to two trillion dollars this year. It will certainly impact agriculture as well. Some agriculture experts and entrepreneurs have made some observations that social distancing, reduced social and religious functions, minimizing travel, avoiding crowds, closures, and other protective practices will have impact on markets and prices of food items, dairy products, meat, flowers, and ornamental plants. There is a supply chain slowdown affecting the transportation of fertilizer, fuel, and other production inputs.
"Game of Thrones" star Sophie Turner has taken a swipe at actor Evangeline Lilly who had said that she won't be going into self-quarantine amid the coronavirus outbreak, as she values freedom over everything else
WASHINGTON, March 22: The virus pandemic advanced Sunday after the U.S. and Europe reported soaring new cases, prompting a scramble in some regions to set up additional hospital beds and replenish much-needed medical supplies.
KATHMANDU, March 19: In response to the call of the World Health Organization for countries to take ‘aggressive’ steps in order to contain the spread of the COVID-19 pandemic, the government on Wednesday took sweeping measures including closing educational institutions, suspending the operation of all entertainment and recreation spaces, restricting ‘unnecessary’ movement of people and stopping arrivals of nationals from the novel coronavirus-affected countries till April 30.
KATHMANDU, March 17: Amid coronavirus outbreak in many parts of the world, many international organizations including International Red Cross are highlighting some everyday health and preparedness steps that people around the globe can follow.
TAPLEJUNG, March 17: Chinese workers engaged with the Tamor Hydropower Project in Taplejung have been frequently moving to their home and back to work at the construction site despite the government's announcement of travel restriction to China. The government has sealed all border points expect a few major ones in view of the coronavirus outbreak. The project officials have however claimed that there is no possibility of those workers spreading coronavirus.
When the news emerged that a Chinese doctor, who had warned his colleagues about an emerging virus, was reprimanded by the Chinese authorities, the West went into a tizzy. The media was quick to criticize China’s handling of the coronavirus outbreak and how its authoritarian government’s desperate attempt to conceal it had led to the outbreak to reach unprecedented level. Many commented that the steps China was taking, including locking down of an entire city of 11 million and forcing million others to stay indoors, was extreme and ‘draconian’.
Although, the COVID-19 was originated in the Wuhan city of our neighboring China, it has not spread to our country so far. We are lucky in this sense. Southern neighbor India recently has reported about the outbreak of COVID-19 and the number of people being infected is rising. So, there is no doubt that today or tomorrow we will soon witness the same condition in our country. Are we really prepared ?
BANGKOK, March 10: Thailand’s cabinet approved a stimulus package on Tuesday worth an estimated $12.7 billion to help alleviate the impact of the coronavirus epidemic on already-faltering domestic activity.
KATHMANDU, March 6: The novel coronavirus is continuing its spread in many countries around the world. Amid coronavirus outbreak, the World Health Organization has listed ten things that people should be taking some steps to get ready:
BEIJING, March 6: More than 98,000 people have been infected by the coronavirus globally and over 3,300 people have died, according to a Reuters tally. Mainland China accounted for more than 3,000 deaths, while the toll in Italy stood at 148.
SYDNEY/TOKYO, March 6: In Australia, major grocers have restricted supplies to one pack per person. In Japan, rolls are chained to the wall in public toilets. In Hong Kong, armed robbers carried out a heist as supplies were delivered to a supermarket.
NEW YORK, March 5: Anna Alexander, a property manager in Virginia Beach, Virginia, started the day Monday thinking that she might avoid shaking hands because of the coronavirus outbreak. Then somebody stuck out a hand to shake.
KATHMANDU, March 5: The main opposition Nepali Congress (NC) has decided not to hold any big gatherings, meetings and conventions of the party until further notice in view of the coronavirus outbreak in various countries.
KATHMANDU, March 4:Tourism Minister Yogesh Kumar Bhattarai on Wednesday directed the bodies concerned to establish an 'action team' at Civil Aviation Authority of Nepal (CAAN) and Nepal Tourism Board (NTB) to carry out study on the impact of coronavirus (COVID-19) on tourism sector and the measures to be taken in this regard.
LONDON, March 3: British Prime Minister Boris Johnson said on Tuesday that coronavirus would not stop him greeting people with a handshake, adding that he had shaken the hands of everyone at a hospital where infected patients were being treated.
KATHMANDU, March 2: Lawmakers speaking in the 'special hour' in the meeting of the House of Representatives today called attention of the government towards the looming threat of Coronavirus (Covid-19) and the growing problem of corruption, among other contemporary issues and the urgent need of taking appropriate steps to stem them.
KATHMANDU, March 2: With coronavirus now spreading beyond China, the government on Monday announced suspension of visa on arrival for citizens of China, Iran, Italy, South Korea and Japan from March 7 to March 31.
POKHARA, Mar 2: Hit hard by the impact of coronavirus outbreak, local entrepreneurs have suggested to the government to take needful measures to prevent further slide in their business. They have even warned of protest if the government failed to address to their concerns on time.
BANGKOK, March 1: Thailand has recorded its first coronavirus death as a 35-year-old man, who also had dengue fever, dies from the virus, Suwanchai Wattanayingcharoen, director-general of the Department of Disease Control, said in the news conference on Sunday.
WASHINGTON, March 1: U.N. Secretary-General Antonio Guterres has recommended that ministers and diplomats skip traveling to a meeting in New York of the Commission on the Status of Women due to the coronavirus outbreak, according to a letter seen by Reuters on Friday.
BEIJING, March 1: A viral outbreak that began in China has infected more than 86,000 people globally. The World Health Organization has named the illness COVID-19, referring to its origin late last year and the coronavirus that causes it.
KATHMANDU, Feb 29: Nepal government has decided to suspend the Visit Nepal Year 2020 promotion campaign in foreign countries for the time being owing to coronavirus outbreak in various parts of the world.
BEIJING, Feb 28: A viral outbreak that began in China has infected more than 83,000 people globally. The World Health Organization has named the illness COVID-19, referring to its origin late last year and the coronavirus that causes it.
KATHMANDU, Feb 23: Upbeat with the economic growth rate in the last three years which remained higher than an average of more than six per cent, the government has set its sight on a growth rate of 8.5 per cent in the current fiscal year 2019/20.