loans

Nepal Fuels Entrepreneurial Spirit with Start-up Loans and Incentives
Startups

Nepal Fuels Entrepreneurial Spirit with Start-up Loans and Incentives

Nepal’s start-up ecosystem is set to receive a significant boost as the government gears up to disburse start-up loans beginning the second week of Jestha (May/June). The Industrial Enterprise Development Institute has announced that selected businesses, chosen based on their presentations, will commence receiving loans during this period, fueling entrepreneurial endeavors across diverse sectors. Out […]

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Nepal Finance Minister Advocates for Increased World Bank Support in Washington Meeting
Business | Finance | Economy

Nepal Finance Minister Advocates for Increased World Bank Support in Washington Meeting

Nepal’s Finance Minister, Barsa Man Pun, recently met with Akihiko (Aki) Nishio, Vice President of Development Finance, and Guangzhe Chen, Vice President for Infrastructure, at the World Bank in Washington. During the meeting, Minister Pun expressed gratitude to Vice Chairman Akihiko (Aki) Nishio for agreeing to host the 21st meeting of the International Development Association […]

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Nepal Government to tighten the credit for import of fuel based vehicles
News

Nepal Government to tighten the credit for import of fuel based vehicles

The government of Nepal has announced plans to reduce the import of fuel vehicles and encourage the use of electric vehicles. The move is part of a broader effort to reduce the country’s trade deficit and improve its environmental sustainability. Under the new plan, the government will implement a number of measures to discourage the […]

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Sajha Yatayat Introduces Electric Bus Service in Kathmandu, Expanding Sustainable Public Transportation
Electric Vehicles

Sajha Yatayat Introduces Electric Bus Service in Kathmandu, Expanding Sustainable Public Transportation

Sajha Yatayat, a public transportation company in Nepal, has started an electric bus service from Patandhoka to Gyaneshrar-Jorpati (Dakshindhoka) via Ratnapark. The electric bus service was inaugurated by Mayor Chiribabu Maharjan of Lalitpur Metropolitan Municipality. Initially, the service consisted of three buses running from Dakshindhoka-Jorpati-Chabhil-Gaushala-Ratopul-Ghantaghar-Jamal-Maitighar-Patandhoka route. However, there are plans to expand the service and […]

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