ADB worked with Nepal following the 7.8 magnitude earthquake on 25 April 2015 and the devastating aftershock on 12 May 2015 that cost 9,000 lives and destroyed thousands of structures in Kathmandu and …
LIC to invest Rs 80.67 cr in rights issue of its Nepal venture
State-owned LIC will invest Rs 80.67 crore in the proposed rights issue of its joint venture LIC (Nepal) Ltd. The proposal was approved during the insurer’s board meeting on Monday. LIC, which got …
Nepal’s economy not like Sri Lanka’s, but can go that way: Former central bank Guv
Dipendra Bahadur Chhetri, the former Governor of Nepal Rastra Bank (NRB), has said that the situation of Nepal’s economy is not like that of Sri Lanka. However, if the political rights are given to …
The Business Of Hiking Nepal
In the Himalayan tourist sector, Nepal Hiking Team is a well-known brand. More than 30,000 people have had vacations organized via it since the team started it in 2009. Two enthusiastic travel …
Smugglers expanding drug network via Nepal
A few days ago, the Narcotics Control Bureau (NCB) of Nepal Police arrested 10 foreigners with about 56 kilograms of heroin. This proves that drug traffickers from all over the world are smuggling it …
Nepal after LDC graduation
Nepal enjoys many necessary international support measures, including preferential market access and special and differential treatment. Nepal has duty-free market access in European markets under the …
World Bank extends $1billion aid to Nepal, Bangladesh
Phase 1 of the ACCESS programme will soon be implemented. The programme will enable both nations to embark on drastic changes in material transport and thereby boost the economy.
Nepal, Bangladesh get $1 billion from World Bank
The World Bank approved $1.03 billion of financing to help improve regional trade in Nepal and Bangladesh by reducing trade and transport costs and transit time along the regional corridors. The …
Nepal Running Out of Forex Reserves to Fund Imports
In the ongoing fiscal year, the total foreign exchanges of Nepal have decreased by an alarming 21.1%. In July 2021, the total forex reserve was $11.75 billion, which has decreased to $9.28 billion …
Impact small businesses make in Nepal
Most days, many of us walk into a small business and buy something. We take it for granted that the businesses will be there—with the goods and services we require. However, most of us don’t think …