Nepal IT Sector

AI for Every Nepali: Jobs, Prosperity and Nepal’s Next Development Leap

Nepal does not need to become Silicon Valley. It does not need to copy India, China, Singapore or Canada. Nepal needs an AI strategy rooted in its own realities: young talent, hydropower potential, local problems, growing IT services, tourism, agriculture, small businesses and a global diaspora.

The Hidden Tax: Road Accidents Drain Over 3% of GDP From India and Sri Lanka Every Year; Generative AI Could Win it Back

The core data architecture — a national road safety data lake, AI-powered enforcement, multilingual public awareness — is replicable at any scale, in any South Asian language, in any South Asian urban or rural road environment. The technology does not need to be reinvented for Dhaka, Kathmandu or Karachi. It needs to be validated in Colombo and Delhi first.

Why the Global South Must Become AI Creators: Need to Take a More Leading Role in AI Governance and Economy

However, 118 countries, mostly developing ones, do not participate in international discussions on AI governance, according to UNCTAD. This means that billions of people may live within rules they were not involved in making.

AI's Hidden Appetite: Power, Cooling and the New Geography of Infrastructure

What we are witnessing today may only be the opening chapter. The next breakthroughs in AI may not emerge from software laboratories alone, but from nuclear reactors, cooling technologies, offshore infrastructure, advanced materials, and energy networks. The race to build intelligence has quietly become a race to master power and heat.

More on AI and Innovation

Rape, abduction derail tourism in Bangladesh’s beach town of Cox’s Bazar, local economy impacted

In any normal new year, hotels and guesthouses in the beach town Cox’s Bazar would be booming with tourists and visitors

Indians topped Sri Lanka’s tourist arrivals in 2021

Tourists from India dominated Sri Lanka’s tourism market last year, contributing almost 23 percent of the total 194,000 tourists who visited the island country in 2021

PM Imran Khan launches Pak-China Business investment forum to fast-track investments

Pakistan Prime Minister Imran Khan on Monday launched the Pakistan-China Business Investment Forum to fast-track project approvals and investment proposals from Chinese investors

Inflation wrecks havoc in Pakistan; touches 12 percent in December

The inflation rate in Pakistan reached a new level last month, recording 12.3 percent in December— the highest in the last two years, as experts warn of more trouble in the weeks ahead of the government’s mini-budget

Sri Lanka finalizes Trincomalee oil farm deal with India, agrees to extend lease of 14 oil tanks for 50 years

In a deal with considerable strategic significance for South Asian geopolitics, Sri Lanka will extend the lease of 14 oil tanks in Trincomalee oil farms to India for 50 years, Lankan Energy Minister Udaya Gammanpila said on Friday, adding the deal, which will also include the joint development of 61 other unused tanks, will be signed next week

India needs a precise startup policy for defence manufacturing

Prime Minister Narendra Modi has highlighted India's growing involvement of youth in defence-related startups

Sri Lanka’s forex increases to $3 billion; former PM urges government to approach IMF

Sri Lanka’s foreign reserve exchange reached $3.1 billion dollars in December, up from $1.5 billion recorded last month, the Central Bank of Sri Lanka informed on Wednesday

Pakistan Railways minister pushes for commercialization, blames ‘state enterprise mafia’ behind railways' destruction

State enterprise mafia has destroyed Pakistan Railways, Minister for Railways Azam Khan Swati said, as he pushes for the commercialization of stations as part of his bigger reforms to overhaul the sector

Bangladesh to Sri Lanka’s rescue; gives three months extensions on $200 million currency swap deal

In what comes as a significant relief to the embattled Sri Lankan economy, Bangladesh Bank (BB) has extended the validity of the $200 million credit facility it had extended to Sri Lanka by three months

Amid severe forex crisis, Sri Lanka shuts down three missions abroad; shortages of essentials feared

Sri Lanka will temporarily close down three of its missions in Nigeria, Germany and Cyprus in what seems a desperate bid by the government to save its fast-declining foreign currency reserves amid a severe economic crisis

Amid declining forex, Nepal introduces measures to cut imports

Weeks after Nepal’s central bank introduced measures to cut imports, traders and importers have hiked the prices of goods, fueling an artificial shortage in the coming days

Food insecurity up by 22 percent in rural Bangladesh; poverty still an issue despite growing economy

Food insecurity has risen by around 22 percent in rural Bangladesh in comparison to the pre-pandemic period, finds a survey, indicating people are unable to eat enough and healthy nutritious food

Turkish-Qatari delegation in Kabul to discuss deal to run Afghanistan's airports

A joint delegation of Turkish and Qatari officials is in Kabul as both countries try to explore the possibility of jointly running five airports in Afghanistan with the ruling Taliban

Pakistan railways’ total losses touch $6 billion; political neglect, unprofessional heads, mismanagement behind slide

Once a lifeline for the people of the subcontinent, the part of railways that went to Pakistan now stares at a bleak future

World Bank approves $500 million loans to Bangladesh for modernising power distribution

The World Bank on Wednesday approved $500 million in loans to Bangladesh for expanding, modernizing, and sustainably transforming the country's electricity distribution system