Money
‘Nepal should focus on sector-specific investment promotion’
By Post Report Yezdi Nagporewalla, chief executive officer of KPMG in India, a global network of professional firms providing audit, tax and advisory services, on Nepal’s investment climate and the upcoming investment summit.
India launched Quick Response code two weeks ago. Nepal still discussing details
By Krishana Prasain Starting March 1, Indians have been allowed to make payments for purchases through their mobile phone, but Nepal is still working on the daily transaction limit. The digital payment arrangement with China is also unidirectional.
Experts stress strong foreign policy tools to promote Nepal’s trade
By Post Report Nepal needs to advance foreign trade policy tools to leverage its trade as the country is set to graduate from a least developed country (LDC) in 2026, experts say.
Women farmers convince husbands to quit foreign jobs
By Gaganshila Khadka Several women entrepreneurs in Gulmi have encouraged their husbands to take up professions they once deemed unworthy.
‘Worry’ as Nepal’s forex reserves soar to record Rs1.84 trillion
By Krishana Prasain Huge reserves mean lack of investment and may lead to further decline in economic growth, say experts.
Babai irrigation project faces delays again
By Kamal Panthi The project experiences a funds crunch after outstanding dues to the contractor assigned to build the canal were settled with this fiscal year’s budget.
Green startups are struggling to scale up
By Sarahna Khadka They are paving the way to tackle environmental challenges, but the road ahead is far from easy.
Report shows Nepal ahead in closing gender gap. Ground reality is different
By Krishana Prasain Men benefit from state subsidies, particularly those meant to help women become independent entrepreneurs.
Tracking chip now mandatory for Everest aspirants
By Sangam Prasain As fatalities on Everest continue to grow, the government has made tracking devices compulsory for climbers and guides for prompt search and rescue.
Gold shines to hit record high of Rs123,000 per tola
By Post Report In the international market, the gold price is forecast to reach $2,175 per ounce by the end of this year.
LDCs to get interim duty-free and quota-free market access after graduation
By Post Report Nepal, Bangladesh and Laos will formally come out of the UN-defined least-developed countries category by the end of 2026.
Dairy farmers unhappy with ‘one-sided’ payment deal
By Post Report Say they don’t trust the government and dairy associations citing numerous past instances of unfulfilled promises.
Nepal revives air carriers’ liability and insurance legislation plan
By Sangam Prasain As per the planned law, domestic airlines have to pay a minimum $100,000 for an injury or death, up from $20,000.
SEJON provides health insurance coverage for all members
By Post Report Vijay Bahadur Shah, Chief Executive Officer of Himalayan Everest Insurance handed over the insurance policy to Ashwin Parajuli, Chief Executive Officer of SEJON
Ncell and e& international sign MoU to deliver superior digital services
By Post Report In digital solutions, the collaborative efforts of both entities will centre on catering to the tech-savvy youth, offering best-in-class digital experiences.
Troubled dairy farmers seek government support
By Post Report The state-owned Dairy Development Corporation has sought bailout funds amounting to Rs300 million to pay the protesting farmers.
FinTech Alliance Nepal joins Asia FinTech Alliance
By Post Report This collaboration presents exciting opportunities for FAN to leverage insights and expertise from across the region, accelerating the development of Nepal’s fintech ecosystem.
Indian travellers can now scan and pay in Nepal
By Sangam Prasain & Krishana Prasain A reciprocal payment service for Nepalis visiting India has been delayed for unspecified reasons.
Nepal Electricity Authority posts record profit during first half of current fiscal year
By Post Report The state-owned power utility racked up Rs15.36 billion profit during the period, more than in any precious fiscal year.
Cheap imports and smuggled products pinch Nepali footwear industry
By Sarahna Khadka The downfall of the domestic shoe factories started with the pandemic that forced manufacturers out of business.