Nepal’s “Free Visa, Free Ticket” policy, introduced in 2015, was hailed as a landmark effort to minimize migration costs for aspiring workers heading to Gulf countries and Malaysia. The policy aimed …
Nepal to install 20 Bailey bridges from India for flood-hit regions
Nepal government has announced plans to install … The recent floods have claimed over 245 lives and caused extensive property damage. In response, the Nepalese government has declared 14 …
Only grant projects accepted in Belt and Road Initiative: Nepali Congress
The Nepali Congress, which is part of the ruling coalition, on Monday said that the country can only accept agreements under the Belt and Road Initiative (BRI) if they are based on grants.
Electric or LPG stoves: Why is Nepal desperate to build a gas pipeline?
Nepal had requested the Indian government to build the LPG pipeline on grant. However, insiders say, as in the case of petroleum supply, Nepal should sign a long-term LPG supply agreement with India …
Displaced ethnic Nepalis fume over Bhutan’s ‘mindfulness city’ plan
Bhutan’s ambitious plan to transform its southern farmlands into a futuristic “mindfulness city” has sparked outrage among displaced ethnic Nepalis, who accuse the government of building the …
Nepal rejects BRI loans over debt concerns and high interest rates
When the World Bank and Asian Development Bank (ADB) lend at 0.5-1 percent, the BRI loans are said to cost Nepal a 2-4 percent interest rate. After the heated debates and meetings, Kathmandu has …
Oli in China: Nepal and the Challenges of Growing Dependence on Beijing
In a first, Nepalese Prime Minister KP Sharma Oli, who began his fourth term in July 2024, chose China as his first destination for an official visit instead of India.
Nepal’s Multimillion-Dollar Pilgrimage Industry Crumbles Under China’s Tibet Restrictions
Kathmandu, Nepal – Nepal’s tourism industry faces a severe downturn as a significant decline in Indian tourist arrivals continues, attributed in part to China’s ban on Indian pilgrims entering Tibet …
Credit rating suggests Nepal offers favorable atmosphere for investment: Finance Minister Paudel
Deputy Prime Minister and Minister for Finance, Bishnu Prasad Paudel, has said Nepal’s sovereign credit rating indicates that Nepal has a favorable environment for investment.
BRI cooperation to inject new impetus into Nepal’s economy and regional trade
In May 2017, China and Nepal signed a Memorandum of Understanding (MoU) on bilateral cooperation under the framework of the BRI. Seven years on, cooperation through the BRI has deepened, further …