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Tag: Nepal

Posted on December 10, 2024

Square Meter/Square Foot Prices in Nepal compared to Asia

The data is primarily derived from government statistics or local property market reports that periodically track national or capital city square meter (or square foot) prices for residential …

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Posted on December 10, 2024

Beyond debt and grants: Key to Nepal’s growth lies in efficient utilisation

Nepal, a lower middle-income country, relies on foreign aid to meet its resource gap. Foreign aid, in the form of loans and grants, catalyses development.
Posted on December 10, 2024

The Hidden Costs of Nepal’s ‘Free Visa, Free Ticket’ Policy

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 …
Posted on December 9, 2024

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 …

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Posted on December 9, 2024

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.
Posted on December 9, 2024

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 …
Posted on December 8, 2024

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 …

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Posted on December 8, 2024

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 …
Posted on December 8, 2024

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.
Posted on December 8, 2024

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 …

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