— This is the script of CNBC's news report for China's CCTV on April 28, Tuesday.
Welcome to CNBC Business Daily, I'm Qian Chen.
A huge international aid operation is being mobilised to help the victims of the earthquake in Nepal,
which has left tens of thousands of people homeless and raised fears of food and medicine shortages and an increased risk of waterborne and infectious diseases.
The Asian Development Bank (ADB) will provide a $3 million grant to Nepal to support immediate relief efforts.
This will be followed by up to $200 million additional resources for projects in the first phase of rehabilitation.
Besides monetary aids, here are a few examples of how tech companies are doing their bit to provide relief to those affected by the quake --
Facebook - Facebook launched a very simple Safety Check service in which a notification was sent to the people living in the areas affected by earthquake. Clicking on the notification directs you to a page where you can click on "mark safe" button in front of your friend's and family's name. This sends out the notification to that person and their friends that they are safe.
Microsft - free SKYPE
Google - Person Finder - The first deployment of this service took place after the 2010 Haiti earthquake. It took the team about 72 hours to complete and launch the service.There are two options: "I'm looking for someone" and "I have information about someone." The first option lets you to find information on the person you want to find. The last page with search results has options to mark records as duplicate and to create a record for missing person. Creating a new record will take you to fill a form where details about the missing person are to be filled.
[Anthony Baxter, Crisis Response Engineer, Google] "We see one with someone saying, look, my parents are trekking, somewhere between this mountain and this mountain, nobody knows what's going on. They'll hear back from them a little bit later, someone will update, I just saw an update from their facebook page, they are okay, but they have no idea of what's going on in Kathmandu and how they are going to get home, but at least they are okay…. In that sort of disaster, no knowing what's going is just a nightmare."
Losses could exceed the landlocked mountain state's $20 billion GDP. Experts put the rebuilding cost at $5 billion over the next five years.
The disaster wiped out buildings in the capital, Katmandu, and transportation infrastructure across the country has been laid to waste.
[Rajrishi Singhal, Senior Geoeconomics Fellow, Gateway House] "I think this is an opportunity for both India and China as its nearest neighbors to provide funding for infrastructure, for affordable housing, because remember, a lot of houses have collapsed, and winter of Nepal is just a few months away, you know, I bet another 4 months away, so you need massive rebuilding exercises, you need roads, you need telecom."
CNBC's Qian Chen, reporting from Singapore.