The International Finance Corporation (IFC) is investing $56 million in Nepal’s largest commercial bank, Global IME Bank Limited (GIBL), to support small businesses, including those owned by women, …
Foul play apparent in Bansbari land transfer, CIB says
The Central Investigation Bureau (CIB) of Nepal Police on Friday claimed that the series of events leading to the transfer of ownership of the 10 ropani (0.5 hectares) land from the then Bansbari …
India to cut financial aid to Maldives by 22%; Bhutan, Nepal to receive majority share
India has consistently been a key aid and assistance partner to the Maldives, contributing to sectors such as defence, education, healthcare, and infrastructure. Government data indicates that in 2018 …
Now, Nepal Army wants to operate a textile factory
Amid criticism of its involvement in business ventures, the force comes up with plan to revive Hetauda Kapada Udyog.
JICA Chair discussion on “Economic Development Policies and Practices in Nepal and Japan” held
JICA Nepal office organized “JICA Chair” academic symposium in collaboration with the Centre for Nepal and Asian Studies (CNAS), Tribhuvan University (TU) on 30 and 31 January 2024 with gross 50 …
Central Investigation Bureau arrests Arun Chaudhary, brother of Nepal’s sole billionaire
Nepal’s Central Investigation Bureau (CIB) on Thursday arrested Arun Chaudhary, chairman of CG Holdings and brother of Nepal’s first and only billionaire-Binod Chaudhary on charges of unlawfully …
In Nepal’s Chitwan, tourist pools spell possible trouble for environment & wildlife
Rajendra Aryal (45) likes visiting the tourist town of Sauraha on the fringes of Chitwan National Park in Nepal. He enjoys the wilderness, the jungle safaris and the natural beauty of the place. These …
A man spent 10 years building an airplane meant to teach underprivileged children. Then it was stolen and set on fire.
Anis Pradhan said he wanted to take the aircraft to Nepal in March to educate children about careers in aircraft maintenance and piloting.
Green financing allows women in Nepal to shape their own futures
As a single parent in her late 30s, Ganga Didi long worried about being able to provide for her child. Barely able to survive on her wages from cleaning office buildings in Kathmandu, she started …
BRI in Nepal remains non-starter despite optimism among section of Nepalese leadership
Nepal and China signed a memorandum of understanding on BRI in 2017. Nearly seven years since, not a single project under the initiative has either been executed or negotiated as successive …