Floods hit growth, but Nepal keeps rating

Nepal maintains its ‘BB-’ sovereign rating for the third consecutive year, supported by strong reserves and concessional borrowing….reports Asian Lite News Desk Nepal has retained its ‘BB-’ sovereign credit rating for the third consecutive year, with Fitch Ratings citing low public debt levels, strong foreign exchange reserves and steady remittance inflows despite mounting debt and the economic impact of devastating floods. The rating marks the third consecutive year Nepal has maintained the same assessment since receiving its first-ever sovereign credit rating in 2024. In its latest report, Fitch said Nepal’s rating was supported by relatively low government and external debt,

Hasina supporters targeted in Bangladesh university purge

What is unfolding across the country’s higher education institutions raises serious questions about academic freedom, political retaliation and the right to dissent in a country still struggling with the consequences of a violent political upheaval…writes Dr Sakariya Kareem Bangladesh’s public universities, long regarded as centres of political debate and student activism, are once again confronting allegations of political persecution. This time, the targets are academics and students accused of maintaining links with former prime minister Sheikh Hasina and her Awami League, following

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Google announces $15 billion investment in Malaysia

The investment will fund new data centres, support more than 37,000 jobs annually during construction and strengthen Malaysia’s position as a regional AI and technology hub….reports Asian Lite News Desk Google has

AI bubble fears grow as Gita Gopinath flags risks

Former IMF chief economist Gita Gopinath has warned that the global AI investment boom could face a significant correction as companies struggle to justify soaring valuations and massive spending….reports Asian Lite News Desk Former International Monetary Fund (IMF) chief economist

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Anupam Kher announces 556th film

The veteran actor says his latest international project has reminded him that cinema transcends language and cultural differences…reports Asian Lite News Desk Veteran Indian

Nana Patekar passes away at 75

Veteran actor Nana Patekar, celebrated for his powerful performances in Hindi and Marathi cinema, has died aged 75 in Goa…reports Asian Lite News Desk

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Cyber Chiefs Urge Urgent PHP Security Update

Cybersecurity agencies in the UK, EU and Australia have warned organisations to install critical PHP security fixes immediately or consider taking vulnerable websites offline amid reports of emerging attacks, reports Asianlite News Desk. Cybersecurity authorities have urged organisations worldwide to
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