NRB removes dollar exchange ceiling to ease oxygen cylinder import
The Nepal Rastra Bank has removed a ceiling it has been imposing on the exchange of foreign currencies in its bid to ease the import of oxygen cylinders and other medical essentials required for the country to defeat the...
EU mobilises Rs 282 million to tackle Covid-19 crisis in Nepal
The European Union says it is mobilising Euro 2 million (equivalent to Rs 282 million) to fight against the Covid-19 pandemic in Nepal as the number of cases has skyrocketed in a country.
Some Nepali migrants want to come back amid the pandemic’s peak. But, the govt is unlikely to allow
Bharat Giri, a native of Biratnagar in the Morang district in Nepal, is currently in Malaysia. He had a ticket booked to return to Nepal on April 28. However, he was stopped to board the flight after he tested...
Insurance companies told to shut all branch offices until May 27
Beema Samiti (The Insurance Board), the insurance regulator of the country, has directed all insurance companies in the country to shut their branch offices across the country until May 27.
Kathmandu lockdown: Kalimati vegetable market’s retailing section shut
Citing crowds continued to gather notwithstanding the implementation of the lockdown to contain the coronavirus spread, the Kalimati fruit and vegetable market, the biggest vegetable market in the Kathmandu valley, has shut its retailing section.
Cheque dishonouring law in Nepal: Everything you need to know about
The cases of cheque bouncing are rampant in Nepal nowadays. Cheque bouncing is regarded as a condition in which the receiver will not be able to exchange the issued cheque due to various reasons such as insufficient fund, overwriting...
NAC aircraft flying to China to bring oxygen cylinders
The national flag carrier Nepal Airlines Corporation (NAC) is sending its wide-body A-330 aircraft to Beijing tonight to bring essential medical supplies that China is offering to Nepal to fight the Covid-19 crisis.
Suraj Vaidya’s company ‘cheating’ farmers with chicken feed packs lighter than label
A company whose majority of the shares is owned by Suraj Vaidya, a former president of the Federation of the Nepalese Chambers of Commerce and Industry, is found cheating poultry farmers of the country by selling the chicken feed...
FNCCI launches programme to connect Covid-19 patients at home with doctors
The umbrella organisation of Nepali private businesses, the Federation of Nepalese Chambers of Commerce and Industry, has launched an initiative that it claims would connect Covid-19 patients isolating themselves at home with doctors.
Kathmandu lockdown: Makawanpur farmers throw vegetables for want of market
Farmers in Bajrabarahi, Thaha municipality-6 of the Makawanpur district, some kilometres south of Kathmandu, have thrown kilograms of cauliflowers and other vegetables they produced complaining they could not find a market to sell them.
Kathmandu’s private hospitals fleece Covid-19 patients, multiplying crisis
The Ministry of Health and Population has fixed a daily charge of Rs 3,500 for the treatment of normal Covid-19 patient, Rs 7,000 for moderate, and Rs 15,000 for critical cases. Accordingly, private hospitals have also been asked to...
Kathmandu police confiscate 6,484 oxygen cylinders used for non-medical purpose
Police in Kathmandu have confiscated 6,484 oxygen cylinders from various persons, households and groups that could be used for Covid-19 patients who are struggling to breathe.
Some traders in Kathmandu complain police barred them from supplying groceries
Some traders in the Kathmandu valley have complained police barred them from distributing groceries during the ongoing lockdown although the government has decided to allow grocery-supplying vehicles to operate.
4 airports besides Kathmandu’s allowed to issue emergency flight permits
The Civil Aviation Authority of Nepal has extended its emergency flight permit issuance service outside Kathmandu also.
People coming to Kathmandu from India need to quarantine themselves at 1 of these 8 hotels
Following the government decision to suspend all flights except two with New Delhi of India every week, the government has finalised a list of eight hotels in the capital to quarantine those coming from New Delhi.
Nepal suspends all flights except 2 to Delhi every week
The government has decided to suspend all domestic and international flights in another bid to control the spread of the coronavirus in the country.
Trademark registration in Nepal: A step-by-step guide
A trademark refers to a name, word, phrase, logo, symbol, design, image, or a combination of these elements showing the difference from goods or services of others to the goods and services by any firm, company or individual.
Only 20 domestic flights in a day from Kathmandu airport
The Civil Aviation Authority of Nepal has set a ceiling on the number of domestic flights allowed to operate every day from the Tribhuvan International Airport of Kathmandu.
Lockdowns in various districts reduce the number of domestic flights to half
Lockdowns or prohibitory orders imposed in various districts of the country have reduced the number of domestic flights to half.
House panel tells Nepal Army to stop fast track contract-awarding
The Public Accounts Committee in the House of Representatives has told the Nepal Army to immediately stop the process it has initiated to award the contract for the construction of bridges and tunnels in the second package of the...
Govt halts driving licence application collection across Nepal
The Department of Transport Management says it will no longer collect applications for driving licences from Thursday until the next notice.
Nepal bars foreigners from using Kathmandu airport in transit
The government of Nepal has barred foreign nationals from using the Tribhuvan International Airport in Kathmandu in transit to go to another destination.
Nepal’s share market will be open during Kathmandu’s prohibitory order also
The Nepal Stock Exchange (Nepse), the only one share market in the country, says it will remain open during the implementation of the prohibitory order in the Kathmandu valley also.
Nepal can produce enough medical oxygen for a health crisis, but there are problems with the supply ...
Amid media reports that the southern neighbour, India, is struggling hard to manage sufficient oxygen for Covid-19 patients, there are concerns if Nepal will face the same situation.
Naturo Earth: This startup rooted in Nepal’s soil looks for global reach
Ankit Agrawal, 30, born in a Marwari family, grew up in an entrepreneurial environment in Biratnagar. His father is into the trading business and his elder brother in the capital market. After graduating in India, the young Agrawal also...
Know Nepal’s Forbes 30 Under 30 campaigner, Prakash Koirala
Swimmer Gaurika Singh and Koirala made it to the list this year from ‘entertainment and sports’ and ‘finance and venture capital’ categories respectively. Koirala says this was beyond his expectation. “I was well-aware that I made it to the...
Nepal didn’t have any sanitiser company until last year. Today, it has 26
When Nepal faced the first wave of the Covid-19 pandemic in March 2020, there was not a single company in the country that would produce hand sanitiser. One year down the line, the country now has 26 registered companies...
Get out and win the game: An analogy between sludge-stuck bus and Nepal share market
A few days ago, I was returning home from my campus on a local bus. There are always a number of vehicles that go to my residence, but unfortunately, I rarely find a vacant seat for myself. I often have...
Finance minister tells provincial, local govts to prioritise development projects
Finance Minister Bishnu Prasad Paudel has told provincial and local government representatives to prioritise development projects based on their necessary while preparing the budget for the next fiscal year.
Nepal’s trade deficit crosses Rs 1 trillion mark
As of mid-April 2021, the country’s trade deficit has crossed Rs 1 trillion, according to government statistics.
Finance ministry cuts agriculture budget to leave farmers on the receiving end
The Ministry of Finance has significantly decreased the budget ceiling for the Ministry of Agriculture and Livestock Development, in the plan for the next fiscal year.
Mero Kitta: Everything you need to know about Nepal govt’s land survey online platform
The government recently launched Mero Kitta as its new online service with which Nepali citizens can get land-related services without having to visit government offices, hence effectively avoiding the crowd. On April 15, the service was introduced for Kathmandu...
Nepal Electricity Authority joins Indian energy exchange market
The government-owned electricity production and distribution monopoly, Nepal Electricity Authority, has joined the energy exchange market of India's NTPC Vidyut Vyapar Nigam Limited.
‘Nepal can look forward to new possibilities in e-commerce this new year’
The Nepali e-commerce market is still considered to be in an infant stage, but the way people shop has changed tremendously in the last few years. Among the many e-commerce platforms used by people, Daraz has been contributed a...
These 50 places in Nepal will have EV charging stations by next year
The Nepal Electricity Authority says it is constructing 50 charging stations for electric vehicles across the country within one year.
Kathmandu city to remove bus park from Khulamanch ‘in 1 week’
The Kathmandu metropolitan city claims it will remove the bus park from Khulamanch within one week.
Road dept in trouble as Melamchi water causes more leaks from Kathmandu’s water pipes
The Department of Roads has claimed the number of leaks from Kathmandu's water pipes has increased of late, adversely affecting the already problematic condition of roads in the capital.
Nepal prepares to sell electricity in monsoon, but there’s no plan to increase domestic consumption
The government has set a target of increasing the annual pre-consumer electricity consumption by 90 units in the current fiscal year 2020/21, but it has increased by only seven units in the first seven months.
EU closes facility opened to support Nepal on post-2015 earthquake recovery
The European Union Delegation to Nepal says it has closed a facility opened to support Nepal on its reconstruction and recovery efforts following the 2015 earthquake.
China’s restriction on Manasarovar trip takes a toll on Nepali entrepreneurs
From 2014 to 2019, over 100,000 Indian nationals have been to Mansarovar lake via Nepal. They bring in both money and work for Nepal’s tourism which even thrives in the lean seasons of June - August as each tourist...
Nepal received Rs 60.5 billion foreign aid to fight Covid-19, but 91% of it is loan
In the past last fiscal year (mid-July 2019 to mid-July 2020), Nepal received foreign assistance worth Rs 60.53 billion to fight the Covid-19 pandemic, but over 91 per cent of it has come as a loan, informs the Ministry...
Nepal and Qatar to collaborate for tourism promotion
Nepal Tourism Board (NTB) CEO Dhananjay Regmi and Qatari Ambassador to Nepal Yousuf Bin Mohamed Alhail held a meeting on Monday at the board office and discussed prospects of collaboration between the two countries for tourism promotion.
These 11 construction companies have been blacklisted by govt
The government of Nepal has blacklisted 11 construction companies after finding they could not meet the standard criteria to win a government contract.
Nepal among 28 countries to receive debt service relief from EU
Nepal is among 28 countries to receive a debt service relief amounting to Euro 4.299 million (approximately Rs 582 million) through a European Union contribution of Euro 183 million to the Catastrophe Containment Relief Trust (CCRT) set up by...
A step-by-step guide to obtaining a working/business visa in Nepal
No foreigner can work in Nepal without getting a working/business visa from the Department of Immigration. A working visa is issued to a foreigner willing to work in Nepal. There are four major laws relating to the working visa...