Asia Power Index: Nepal stands at 25

With an 80.4 score, the United States tops the Asia Power Index, which is driven by unmatched military reach, alliance networks with Japan, South Korea, Australia and the Philippines, and dominant financial and technological influence. Despite domestic polarization, it remains Asia’s primary security guarantor and key player in trade, AI, and semiconductor supply chains.

According to the Lowy Institute Asia Power Index Nepal ranks 25 among the 27 countries of Asia, with an overall score of 5.0 out of 100. The report says that Nepal is a minor power in Asia. Nepal’s scores rose slightly by 0.2 points to five in 2025.

Nepal’s strongest measure is cultural influence, where it places 21st. Its weakest measure is diplomatic influence, where it dropped one place to second-last. Nepal exerts less influence in the region than expected given its available resources, as indicated by the country’s negative power gap score, which increased since 2024, the report says.

China scores 73.7, reflecting vast economic weight, world‑leading manufacturing, and rapid naval and air‑power expansion. Its Belt and Road Initiative, trade ties, and assertive posture in the South China Sea and Taiwan Strait underpin influence, though slowing growth and pushback from neighbours and the US temper its rise.

China, the only peer competitor to the United States in what remains a bipolar distribution of power in Asia, appears well prepared and confident in its responses to US economic coercive policies, retaliating with its own tariffs and export controls. Beijing has also successfully positioned itself to regional countries as a reliable partner opposing protectionism and unilateralism, benefiting from uncertainty about the Trump administration’s approach to Asia.

Russia’s power in Asia is resurging, aided by support from other authoritarian revisionist powers, in particular China and North Korea. The closer collaboration between these countries—on full display during China’s 2025 Victory Day Parade—will continue to challenge the United States and its allies.

 Caught between the two superpowers, and anxious about rising tensions and protectionism, Southeast Asian countries are trying to assert their own influence. Under Prime Minister Anwar Ibrahim, Malaysia has cut a more prominent profile internationally, even before it assumed the rotating chairmanship of the Association of Southeast Asian Nations (ASEAN) in 2025. Other Southeast Asian middle powers have been less well able to project influence: Thailand has been preoccupied with its border conflict with Cambodia. And while Indonesia’s new president, Prabowo Subianto, is more interested in diplomacy than his predecessor, his efforts have been focused globally rather than regionally.

India’s 40.0 score makes it the third most powerful country in Asia and the only “major power” category state. Strong economic growth, a huge population, an expanding blue‑water navy, and a central role in the Quad and Indian Ocean security lift its clout, even as infrastructure gaps and internal inequalities remain constraints.

Private airlines companies suspend services along Pokhara-Jomsom route

Private airline companies have suspended flights on the Pokhara–Jomsom route for a couple of months due to a sharp decline in the number of tourists visiting Mustang during the winter season.

Summit Airlines and Tara Air decided to halt services citing adverse weather conditions, the risk of snowfall, and a drop in tourist arrivals during the off-season, according to Civil Aviation Authority of Nepal (CAAN) Jomsom Office Chief Deepak Pokharel. 

Both airlines normally operate regular flights on the route.

However, chartered and emergency helicopter services are continuing.

Tara Airlines’ Mustang station in-charge, Suchan Lalchan, said that Pokhara–Jomsom flights have been suspended from December 4 to March 4. 

Summit Airlines stated that its services have remained closed for the past two months.

Strong winter winds in Mustang significantly affect flight operations. 

In addition, improved travel convenience along the Beni–Jomsom–Korala roadway has led to a further decline in air passengers.

 

Gold price drops by Rs 600 per tola on Thursday

The price of gold has dropped by Rs 600 per tola in the domestic market on Thursday. 

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 267, 500 per tola today.  It was traded at Rs 268, 100 per tola on Wednesday. 

Similarly, the price of silver has dropped by Rs 20 and is being traded at Rs 4, 400 per tola.

 

Nepse surges by 1. 37 points on Wednesday

The Nepal Stock Exchange (NEPSE) gained 1. 37 points to close at 2, 585. 87 points on Wednesday. 

Similarly, the sensitive index surged by 0. 94 points to close at 448. 53 points.

A total of 7,224,917-unit shares of 334 companies were traded for Rs 1. 47 billion.

Meanwhile, Infinity Laghubitta Bittiya Sanstha Limited (ILBS) was the top gainer today, with its price surging by 5. 32 percent. 

Likewise, Grameen Bikas Laghubitta Bittiya Sanstha Ltd. (GBLBS) was the top loser as its price fell by 4. 23 percent.

At the end of the day, total market capitalization stood at Rs 4. 34 trillion.