English News
Role of Trade Facilitation- Promoting Women-Led Enterprises Access to International Markets
Sunakhari News/ Kathmandu - During the Sixth International Women’s Trade Expo and Symposium 2022, Federation of Woman Entrepreneurs’ Association of Nepal (FWEAN) and South Asia Watch on Trade, Economics and Environment (SAWTTE), jointly organized a Panel Discussion on “Role of Trade Facilitation- Promoting Women-Led Enterprises Access to International Markets. Opening the program, Ms. Dikshya Singh, Programme Coordinator, SAWTEE highlighted women-led that empirical studies hav....
Ukraine war: Zelensky fires security chief and top prosecutor
Sunakhari News/ Kathmandu- President Volodymyr Zelensky has fired the head of Ukraine's security agency (SBU) and the prosecutor general, citing many cases of treason in the two powerful organisations. He said more than 60 former employees were now working against Ukraine in Russian-occupied areas. A total of 651 collaboration and treason cases had been opened against law enforcement officials, he added. The sacked officials, Ivan Bakanov and Iryna Venediktova, have ....
World Bank approves $100 Million to SupportKey Reforms for Nepal’s Green, Resilient, and Inclusive Development
Sunakhari News/ Kathmandu - The World Bank’s Board of Executive Directors today approved a $100 million development policy credit(DPC) to help improve the enabling environment for Nepal’sgreen, climate-resilient, and inclusive development pathway.This is the first in a programmatic series of threeDPCs on Green, Resilient and Inclusive Development (GRID). “In the wake of the COVID-19 pandemic, the World Bank has pivoted its program in Nepal to focus supportto the Government to....
Government of Nepal and World BankSign $80 Million Project to Improve Water Supply and Sanitation Services in Nepal
Sunakhari News/ Kathmandu- The Government of Nepal and the World Bank signed an agreement equivalent to $80 million (approximately Rs. 10 billion) concessional loan for a project to improve the delivery of water and sanitation services and promote integrated water resources management. The agreement was signed by the Finance Secretary, Mr. Madhu Kumar Marasini, on behalf of the Government of Nepal, and the World Bank Country Director for Maldives, Nepal, and Sri Lanka, Mr. Faris ....
Texas migrant deaths: Suspected truck driver is charged
Sunakhari News/ Kathmandu- The suspected driver of a truck found abandoned in Texas with dozens of bodies inside has been charged with migrant smuggling resulting in death. Homero Zamorano was found posing as a migrant in a bush near the lorry in San Antonio and arrested by police. Some 53 people died in the tragedy, many of heatstroke and dehydration, after being shut inside the truck in blistering heat without any water. It is the deadliest human trafficking incident in US histor....
Regional Trade and Connectivity in South Asia Gets More Than $1 Billion Boost from World Bank
Sunakhari News/ Kathmandu - The World Bank today approved $1.03 billion of financing to help improve regional trade in Bangladesh and Nepal by reducing trade and transport costs and transit time along the regional corridors. The Accelerating Transport and Trade Connectivity in Eastern South Asia (ACCESS) Program Phase 1 will help the respective governments address the key barriers to regional trade ─ manual and paper-based trade processes, inadequate transport and trade infrastru....
Hong Kong: Iconic floating Jumbo restaurant sinks
Sunakhari News/Kathmandu - A floating restaurant that was a famous Hong Kong landmark has sunk, days after it was towed away from the harbour where it operated for nearly 50 years. The Jumbo restaurant capsized in the South China Sea while on its way to an undisclosed location, its parent company said. Aberdeen Restaurant Enterprises said it was "very saddened by the incident" but that no crew members were injured. The restaurant closed in March 2020 as the Covid-19 ....
Ukraine war: Russia becomes China’s biggest oil supplier
Sunakhari News/Kathmandu - Russia has become China's biggest supplier of oil as the country sold discounted crude to Beijing amid sanctions over the Ukraine war. Imports of Russian oil rose by 55% from a year earlier to a record level in May, displacing Saudi Arabia as China's biggest provider. China has ramped up purchases of Russian oil despite demand dampened by Covid curbs and a slowing economy. In February, China and Russia declared their friendship had "no limi....
One Million People to Be Connected to Broadband as Part of World Bank Support to Nepal’s Digital Transformation
Sunakhari News/Kathmandu - The World Bank’s Board of Executive Directors today approved $140 million for the Digital Nepal Acceleration (DNA) Project to expand access to broadband and engage more people in the digital economy. “Countries that embrace a digital transformation can accelerate their transition to green, resilient, and inclusive development,” said Faris Hadad-Zervos, World Bank Country Director for Maldives, Nepal, and Sri Lanka. “The World Bank is proud to supp....
Afghanistan: UK embassy staff allege Taliban beatings and torture
Sunakhari News/ Kathmandu - More than 100 men who worked at the British embassy in Afghanistan remain in the country, with some telling the BBC they have been beaten and tortured. The men worked for the global security company, GardaWorld, and many had been in post for more than a decade. Several shared photos of injuries they say were caused by the Taliban. The UK government says it has evacuated more than 15,000 people since last year and is working to bring more to the UK. ....