June 24: Global trade is expected to drop around 18.5 percent year-on-year in the second quarter of 2020 in a coronavirus driven plunge which could have been much worse fears, WTO(World Trade Organization)said Tuesday (JUned 23).
“Initial estimates for the second quarter, when the virus and associated lockdown measures affected a large share of the global population, indicate a year-on-year drop of around 18.5 percent,” the WTO said in a statement. AFP
Kathmandu: The government has launched two major reform initiatives aimed at curbing irregularities in Nepal's foreign employment sector and making services more accessible and secure for migrant workers....
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Kathmandu: In a landmark development for Nepal’s energy sector, the private sector has successfully completed the 220 kV Markichok–Bharatpur transmission line under the Marsyangdi Corridor, marking the first...
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Kathmandu: The government has stepped up preparations to minimize electricity disruptions during the monsoon season by mobilizing additional technical personnel and equipment across the country to respond swiftly...
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Kathmandu: Nepal Oil Corporation (NOC) has significantly reduced the prices of petroleum products, providing long-awaited relief to consumers following a decline in international fuel prices and revised import...
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Despite international crude oil prices falling to their lowest level in nearly three months, the government has yet to reduce petroleum prices in Nepal, prompting concerns from consumers...
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