"0.7 percent"

#12576548

23 July 2025

A cargo ship loads and unloads foreign trade containers at Busan Newport in Busan, South Korea, on July 23, 2025. The Asian Development Bank (ADB) sharply revises down its economic growth forecast for South Korea this year to 0.8 percent, the finance ministry says Wednesday. The latest projection marks a 0.7 percentage-point drop from the ADB's previous forecast released in April, according to the ministry, citing the latest report by the Manila-based bank.

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#12576549

23 July 2025

A cargo ship loads and unloads foreign trade containers at Busan Newport in Busan, South Korea, on July 23, 2025. The Asian Development Bank (ADB) sharply revises down its economic growth forecast for South Korea this year to 0.8 percent, the finance ministry says Wednesday. The latest projection marks a 0.7 percentage-point drop from the ADB's previous forecast released in April, according to the ministry, citing the latest report by the Manila-based bank.

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#12576550

23 July 2025

A cargo ship loads and unloads foreign trade containers at Busan Newport in Busan, South Korea, on July 23, 2025. The Asian Development Bank (ADB) sharply revises down its economic growth forecast for South Korea this year to 0.8 percent, the finance ministry says Wednesday. The latest projection marks a 0.7 percentage-point drop from the ADB's previous forecast released in April, according to the ministry, citing the latest report by the Manila-based bank.

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#12576551

23 July 2025

A cargo ship loads and unloads foreign trade containers at Busan Newport in Busan, South Korea, on July 23, 2025. The Asian Development Bank (ADB) sharply revises down its economic growth forecast for South Korea this year to 0.8 percent, the finance ministry says Wednesday. The latest projection marks a 0.7 percentage-point drop from the ADB's previous forecast released in April, according to the ministry, citing the latest report by the Manila-based bank.

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#12576552

23 July 2025

A cargo ship loads and unloads foreign trade containers at Busan Newport in Busan, South Korea, on July 23, 2025. The Asian Development Bank (ADB) sharply revises down its economic growth forecast for South Korea this year to 0.8 percent, the finance ministry says Wednesday. The latest projection marks a 0.7 percentage-point drop from the ADB's previous forecast released in April, according to the ministry, citing the latest report by the Manila-based bank.

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#12576553

23 July 2025

A cargo ship loads and unloads foreign trade containers at Busan Newport in Busan, South Korea, on July 23, 2025. The Asian Development Bank (ADB) sharply revises down its economic growth forecast for South Korea this year to 0.8 percent, the finance ministry says Wednesday. The latest projection marks a 0.7 percentage-point drop from the ADB's previous forecast released in April, according to the ministry, citing the latest report by the Manila-based bank.

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#12576554

23 July 2025

A cargo ship loads and unloads foreign trade containers at Busan Newport in Busan, South Korea, on July 23, 2025. The Asian Development Bank (ADB) sharply revises down its economic growth forecast for South Korea this year to 0.8 percent, the finance ministry says Wednesday. The latest projection marks a 0.7 percentage-point drop from the ADB's previous forecast released in April, according to the ministry, citing the latest report by the Manila-based bank.

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#12576555

23 July 2025

A cargo ship loads and unloads foreign trade containers at Busan Newport in Busan, South Korea, on July 23, 2025. The Asian Development Bank (ADB) sharply revises down its economic growth forecast for South Korea this year to 0.8 percent, the finance ministry says Wednesday. The latest projection marks a 0.7 percentage-point drop from the ADB's previous forecast released in April, according to the ministry, citing the latest report by the Manila-based bank.

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#12576556

23 July 2025

A cargo ship loads and unloads foreign trade containers at Busan Newport in Busan, South Korea, on July 23, 2025. The Asian Development Bank (ADB) sharply revises down its economic growth forecast for South Korea this year to 0.8 percent, the finance ministry says Wednesday. The latest projection marks a 0.7 percentage-point drop from the ADB's previous forecast released in April, according to the ministry, citing the latest report by the Manila-based bank.

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#12576557

23 July 2025

A cargo ship loads and unloads foreign trade containers at Busan Newport in Busan, South Korea, on July 23, 2025. The Asian Development Bank (ADB) sharply revises down its economic growth forecast for South Korea this year to 0.8 percent, the finance ministry says Wednesday. The latest projection marks a 0.7 percentage-point drop from the ADB's previous forecast released in April, according to the ministry, citing the latest report by the Manila-based bank.

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#12576558

23 July 2025

A cargo ship loads and unloads foreign trade containers at Busan Newport in Busan, South Korea, on July 23, 2025. The Asian Development Bank (ADB) sharply revises down its economic growth forecast for South Korea this year to 0.8 percent, the finance ministry says Wednesday. The latest projection marks a 0.7 percentage-point drop from the ADB's previous forecast released in April, according to the ministry, citing the latest report by the Manila-based bank.

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#12341736

7 May 2025

In 2024, Nepal is expected to witness above-normal monsoon rains for the second consecutive year, according to a regional consensus among South Asian meteorologists. Above-normal rains could cause more disasters, including flash floods and landslides. A statement issued by the 31st Session of the South Asian Climate Outlook Forum on April 29 indicates that most parts of South Asia are expected to receive above-normal rainfall during the 2025 southwest monsoon season, which spans from June to September. Monsoon onset typically occurs on June 13 and withdraws by October 2. The World Bank's recent Nepal Development Update notes that severe floods and landslides from September 26 to 28, caused by unusually intense monsoon activity intensified by climate change, result in damage amounting to 0.8 percent of the GDP. The total damage is estimated at Rs46.7 billion, affecting infrastructure, agriculture, and social sectors. Agricultural losses alone reach Rs7.2 billion, with vast farmland submerged, crops destroyed, and many livestock lost.

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#12341739

7 May 2025

In 2024, Nepal is expected to witness above-normal monsoon rains for the second consecutive year, according to a regional consensus among South Asian meteorologists. Above-normal rains could cause more disasters, including flash floods and landslides. A statement issued by the 31st Session of the South Asian Climate Outlook Forum on April 29 indicates that most parts of South Asia are expected to receive above-normal rainfall during the 2025 southwest monsoon season, which spans from June to September. Monsoon onset typically occurs on June 13 and withdraws by October 2. The World Bank's recent Nepal Development Update notes that severe floods and landslides from September 26 to 28, caused by unusually intense monsoon activity intensified by climate change, result in damage amounting to 0.8 percent of the GDP. The total damage is estimated at Rs46.7 billion, affecting infrastructure, agriculture, and social sectors. Agricultural losses alone reach Rs7.2 billion, with vast farmland submerged, crops destroyed, and many livestock lost.

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#12341740

7 May 2025

In 2024, Nepal is expected to witness above-normal monsoon rains for the second consecutive year, according to a regional consensus among South Asian meteorologists. Above-normal rains could cause more disasters, including flash floods and landslides. A statement issued by the 31st Session of the South Asian Climate Outlook Forum on April 29 indicates that most parts of South Asia are expected to receive above-normal rainfall during the 2025 southwest monsoon season, which spans from June to September. Monsoon onset typically occurs on June 13 and withdraws by October 2. The World Bank's recent Nepal Development Update notes that severe floods and landslides from September 26 to 28, caused by unusually intense monsoon activity intensified by climate change, result in damage amounting to 0.8 percent of the GDP. The total damage is estimated at Rs46.7 billion, affecting infrastructure, agriculture, and social sectors. Agricultural losses alone reach Rs7.2 billion, with vast farmland submerged, crops destroyed, and many livestock lost.

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#12341741

7 May 2025

In 2024, Nepal is expected to witness above-normal monsoon rains for the second consecutive year, according to a regional consensus among South Asian meteorologists. Above-normal rains could cause more disasters, including flash floods and landslides. A statement issued by the 31st Session of the South Asian Climate Outlook Forum on April 29 indicates that most parts of South Asia are expected to receive above-normal rainfall during the 2025 southwest monsoon season, which spans from June to September. Monsoon onset typically occurs on June 13 and withdraws by October 2. The World Bank's recent Nepal Development Update notes that severe floods and landslides from September 26 to 28, caused by unusually intense monsoon activity intensified by climate change, result in damage amounting to 0.8 percent of the GDP. The total damage is estimated at Rs46.7 billion, affecting infrastructure, agriculture, and social sectors. Agricultural losses alone reach Rs7.2 billion, with vast farmland submerged, crops destroyed, and many livestock lost.

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#12341742

7 May 2025

In 2024, Nepal is expected to witness above-normal monsoon rains for the second consecutive year, according to a regional consensus among South Asian meteorologists. Above-normal rains could cause more disasters, including flash floods and landslides. A statement issued by the 31st Session of the South Asian Climate Outlook Forum on April 29 indicates that most parts of South Asia are expected to receive above-normal rainfall during the 2025 southwest monsoon season, which spans from June to September. Monsoon onset typically occurs on June 13 and withdraws by October 2. The World Bank's recent Nepal Development Update notes that severe floods and landslides from September 26 to 28, caused by unusually intense monsoon activity intensified by climate change, result in damage amounting to 0.8 percent of the GDP. The total damage is estimated at Rs46.7 billion, affecting infrastructure, agriculture, and social sectors. Agricultural losses alone reach Rs7.2 billion, with vast farmland submerged, crops destroyed, and many livestock lost.

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