The Shanghai Cooperation Organization (SCO) was established, in June 2001; as a multilateral association to ensure security and maintain stability across the vast Eurasian region. It was to join forces to counteract emerging challenges and threats.
China Conducts Pre-Feasibility Surveys For $300 Million Rail Project in Nepal
The rail project worth $300 million dollars is underway in Nepal. China has just initiated the roadwork for connecting Lhasa to Kathmandu and finally to Lumbini via the railway line. Lumbini falls close to the India-Nepal border. Moreover, Shen Shiwei, C
Maldives QGDP Drops by 5.9 Percent in the First Quarter
National Bureau of Statistics issued a report titled “The quarterly national account”, stating a decline in QGDP. The 5.9 percent decline in the first quarter of this year is reported against the QGDP of last year. The statistics revealed on last Saturday
One-third of Nepali Population at Risk of Falling below the Poverty Line
World Bank warns of Population hitting extreme poverty Unable to make a living, one-third of Nepal’s population could fall below the poverty line. World bank apprised of this in a report issued on Thursday. Similarly, a bi-annual report estimates 3.12 pe
Economic indicators Improve Ahead of Ease in Lockdown in Nepal
Ease in lockdown Easing the lockdown since mid-May has improved some of the economic indicators of the Nepali economy. On July 20, Nepali cabinet eased four months-long lockdowns, while keeping Covid-19 SOPs in place for the country. The lockdown began o