When China Sneezes

Published On: February 26, 2020 11:45 AM NPT By: Stephen S Roach

NEW HAVEN – The world economy has clearly caught a cold. The outbreak of COVID-19 came at a particularly vulnerable point in the global business cycle. World output expanded by just 2.9 percent in 2019—the slowest pace since the 2008-09 global financial crisis and just 0.4 percentage points above the 2.5 percent threshold typically associated with global recession.

Do not tax books

Published On: February 26, 2020 11:39 AM NPT By: Hrithik Yadav

The government has imposed 10 percent tax on all types of books imported from other countries, ever since the decision was announced in the budget of this fiscal year. This has had a huge impact on Nepali academia. Students, publishers and book sellers have opposed this move but Nepali printing industries have stood in its favor.

Nurturing nurses

Published On: February 26, 2020 11:26 AM NPT By: Dr RC Lamichhane

More than 70,000 nursing professionals are legally registered with National Nursing Council of Nepal. Nursing professionals are the key actors of Nepali health care system. Their knowledge, skills and decisions determine the quality of health care. They are equally responsible for preventive and curative health care.

Grow your own plants

Published On: February 25, 2020 10:40 AM NPT By: Bhairab Raj Kaini

Importing fruit plants for commercial production should not be encouraged because our quarantine and monitoring systems are weak

Teach them yoga

Published On: February 25, 2020 10:20 AM NPT By: Biranchi Poudyal

Schools of Nepal should find new approach of punishment that will help students outgrow negativity and develop positive attitude. The best way to do this is by teaching them yoga

Digital Revolution in Lending

Published On: February 25, 2020 09:54 AM NPT By: Huang Yiping

China has long recognized the importance of increasing SMEs’ access to finance. Now, online banks are providing the solution the country needs

What to Teach Our Students?

Published On: February 24, 2020 10:29 AM NPT By: Tom Robertson

At a recent meeting of Nepali high school and college educators, I was asked what we should be teaching our students. I was asked because I’ve taught in a government high school in Nepal and at a US engineering campus. As the director at Fulbright, I worked with top Nepali and American students.

Message from Arun-3 Financial Closure

Published On: February 24, 2020 10:23 AM NPT By: Ghanashyam Ojha

The 900MW Arun-3 Hydropower Project accomplished its key milestone—Financial Closure (FC) on February 6, 2020. A consortium of seven banks, including two Nepalese banks—Nabil and Everest—put a total of NPR 101 billion to the project, which has the total investment of approximately NPR144 billion. With the FC, the project has guaranteed its financial capability and we will witness its commercial operation by 2023 given any technical hitches don’t stall its construction. Arun-3 has become the largest project in terms of capacity and investment in Nepal.

Trump’s “Currency Manipulation” Con

Published On: February 24, 2020 10:20 AM NPT By: Anne O Krueger

WASHINGTON, DC – Would you believe the following story if you heard it? Imagine a small, rural town with one general store that sells to, and buys from, the farmers living in the surrounding area. Owing to their large families, the farmers have been running up a tab at the store, and they now owe the store a great deal of money. So, they organize a protest to demand that the store raise its prices on seed, fertilizer, and the like, while reducing the price it will pay for the farmers’ grains.

Truth is a process

Published On: February 23, 2020 09:35 AM NPT By: Sarans Pandey

If the only thing that is constant is change, then where does that leave a concept like ‘truth’ that is assumed by many, to be grounded on immutability?