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Nepal Oil Corporation Raises Fuel Prices by Three Rupees Per Litre

The Nepal Oil Corporation (NOC) has announced a significant hike in the prices of petrol, diesel, and kerosene, effective from Monday midnight. According to a press note issued by the NOC, the prices of petrol, diesel, and kerosene have been increased by three rupees per litre each, in response to the rise in petroleum prices […]

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Nepalganj’s Herb Exports Surpass Rs 700 Million, Fostering Optimism for Sector Revival
Business | Finance | Economy

Nepalganj’s Herb Exports Surpass Rs 700 Million, Fostering Optimism for Sector Revival

Nepalganj, the primary hub for herb exports in Nepal, has witnessed a notable achievement as herb exports exceeded Rs 700 million during a nine-month period. Despite facing various hurdles, the Nepal Herb Traders Association reports that from July to March of the current fiscal year, herb exports soared, surpassing the significant Rs 700 million mark. […]

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Cross-Border Digital Payment Milestone: Indians Can Now Pay in Nepal via Mobile Phones
Fintech

Cross-Border Digital Payment Milestone: Indians Can Now Pay in Nepal via Mobile Phones

Since March 1, a groundbreaking shift has occurred in cross-border digital payments between Nepal and India, allowing Indians to seamlessly conduct transactions using their mobile phones. This milestone marks a significant advancement in the realm of digital finance, fostering greater connectivity and convenience for individuals transacting across borders. In a strategic partnership, Fonepay Payment Service […]

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Cross-Border Digital Payment Milestone: Indians Can Now Pay in Nepal via Mobile Phones
Fintech

Cross-Border Digital Payment Milestone: Indians Can Now Pay in Nepal via Mobile Phones

Since March 1, a groundbreaking shift has occurred in cross-border digital payments between Nepal and India, allowing Indians to seamlessly conduct transactions using their mobile phones. This milestone marks a significant advancement in the realm of digital finance, fostering greater connectivity and convenience for individuals transacting across borders. In a strategic partnership, Fonepay Payment Service […]

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Nepal Launches Foreign Employment Saving Bond 2086 with 9% Interest Rate
Market

Nepal Launches Foreign Employment Saving Bond 2086 with 9% Interest Rate

The Public Debt Management Office (PDMO), operating under the Ministry of Finance, has unveiled the Foreign Employment Saving Bond 2086, offering a lucrative 9% interest rate. With the aim of attracting Nepali migrant workers and returning citizens, this bond initiative targets to raise Rs. 1 billion with a maturity period of five years. Catering specifically […]

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Nepal’s Cereal Imports Plummet in Fiscal Year 2023/24
Business | Finance | Economy

Nepal’s Cereal Imports Plummet in Fiscal Year 2023/24

In a significant trend for Nepal’s economy, the import of cereals has witnessed a notable decline during the first nine months of the fiscal year 2023/24. According to the latest trade data released by the Department of Customs, there has been a substantial decrease both in terms of monetary value and quantity, marking a shift […]

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Nepal Gears Up for 17th International Industrial Trade Fair
News

Nepal Gears Up for 17th International Industrial Trade Fair

Title: Nepal Gears Up for 17th International Industrial Trade Fair Subtitle: Promoting Domestic Products, Empowering Nepali Entrepreneurs Kathmandu, May 5: In a significant move to promote domestic products and empower local entrepreneurs, the 17th Nepal International Industrial Trade Fair-2024 is set to take place from May 8 to 12 at Bhrikutimandap in Kathmandu. Organized by […]

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Hotel Yak & Yeti Celebrates Earth Day with ‘Cultivating Connections’ Event
News

Hotel Yak & Yeti Celebrates Earth Day with ‘Cultivating Connections’ Event

In a remarkable initiative to commemorate Earth Day, Hotel Yak & Yeti, one of Kathmandu’s premier luxury hotels, organized the “Cultivating Connections” event on April 22. The event highlighted the hotel’s unwavering dedication to sustainability, community engagement, and fostering meaningful connections with its guests and the local community. The main highlight of the “Cultivating Connections” […]

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Hotel Yak & Yeti Celebrates Earth Day with ‘Cultivating Connections’ Event
News

Hotel Yak & Yeti Celebrates Earth Day with ‘Cultivating Connections’ Event

In a remarkable initiative to commemorate Earth Day, Hotel Yak & Yeti, one of Kathmandu’s premier luxury hotels, organized the “Cultivating Connections” event on April 22. The event highlighted the hotel’s unwavering dedication to sustainability, community engagement, and fostering meaningful connections with its guests and the local community. The main highlight of the “Cultivating Connections” […]

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DFI Investments Crucial for Nepal’s Economic Growth and LDC Graduation
Business | Finance | Economy

DFI Investments Crucial for Nepal’s Economic Growth and LDC Graduation

As Nepal stands at a critical juncture to graduate from the least developed countries (LDCs) category by 2026, the investment from development finance institutions (DFIs) has become crucial for the nation’s economic growth, according to experts and participants at a function held on Tuesday. DFIs are specialized foreign government-backed institutions that invest in commercially viable […]

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