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Expensive finance, imported-input taxes and poor logistics are holding back exporters, while IT offers a fast-growing but still underdeveloped opportunity
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Expensive finance, imported-input taxes and poor logistics are holding back exporters, while IT offers a fast-growing but still underdeveloped opportunity
World Bank cuts growth forecast to 3.7% after Bhotekoshi floods
The revision comes after floods in Rasuwa disrupted energy, transport, trade and tourism, with reconstruction needs estimated at $4.8 billion.
Congress heads into leadership vote with expanded central committee
Gagan Thapa faces two challengers for the presidency as 818 candidates file nominations for 20 elected office-bearer positions and a 297-member Central Working Committee.
NRB eases foreign exchange rules, raises key dollar limits
Nepali companies borrowing from abroad in sectors including IT, agriculture, manufacturing, infrastructure, tourism and energy can also receive foreign currency guarantees from Class A commercial …
Heavy rain expected in several parts of the country over next three days
Heavy rainfall, thunderstorms, strong winds and hail are expected in several parts of Nepal over the next three days, with authorities urging people to remain …
NEPSE continues downtrend, sheds another 20 points, turnover drops to NRs 3.27 billion
NEPSE fell 20.48 points to 2,566.76 as investor sentiment remained weak, while daily turnover dropped to NRs 3.27 billion amid broad-based sectoral declines.
National Medical College residents’ protest widens into scrutiny of PG programme
First-year postgraduate residents have accused the Birgunj medical college of excessive working hours, irregular stipend payments and punitive practices; the college denies the allegations, while …
CK Raut re-elected Janamat chair, Sanjay Yadav elected general secretary
Raut secured 958 votes in a contest in which he was the sole candidate, while Yadav won the general secretary post with 618 votes.
Timsina helped shape software centre before being appointed its chief
The government says he was selected through a competitive process, but questions have been raised about his involvement in developing the centre before applying for …
Nepali Congress heads towards two conventions amid unresolved leadership dispute
Nine months after a special convention brought Gagan Thapa to the party presidency, the Nepali Congress is preparing for competing organisational processes as a Supreme …
How does Bhotekoshi disaster compare with 2015 earthquake?
The August floods have killed 1,453 people and left another 5,285 missing. While the 2015 earthquake was larger by most measures, the comparison raises questions …
ADB, NEA advance transmission and battery storage projects under PPP model
ADB and NEA are preparing two PPP projects: a 134-km 400-kV transmission line and 100–150 MWh of battery storage, with more than $200 million in …
