Blogs & Articles
Nepal’s Renewable Energy Beckons Global Investors
In a compelling call to action, Nepal’s Minister of Energy, Water Resources and Irrigation, Shakti Bahadur Basnet, has urged both domestic and foreign investors to participate in the government’s ambitious campaign to harness the country’s abundant renewable resources. Addressing a session titled ‘Navigating Nepal’s Renewable Energy Potential’ at the 3rd Nepal Investment Summit-2024, the minister […]
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Xiamen Golden Dragon Partners & Koshi NK Motors to setup Nepal’s first EV Assembly Plant
In a groundbreaking move for Nepal’s automotive industry, Xiamen Golden Dragon, a leading Chinese vehicle manufacturing company, is set to establish the nation’s first-ever electric vehicle (EV) assembly plant. The company has inked a historic deal with Koshi NK Motors Pvt. Ltd., a Nepali firm, to invest a massive Rs. 300 Crore (Rs. 3 Billion) […]
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Nepal Internet Outage: Airtel Bandwidth Throttle Hits Services
Nepal’s internet services have been severely disrupted since Thursday afternoon due to a bandwidth restriction imposed by the Indian telecom giant Airtel. The widespread outage has impacted businesses, educational institutions, and daily life across the country, underscoring Nepal’s critical reliance on external providers for internet connectivity. According to internet service providers (ISPs) in Nepal, the […]
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Global Investors Laud Nepal’s Untapped Potential at Investment Summit
Title: Global Investors Laud Nepal’s Untapped Potential at Investment Summit Subtitle: Representatives from friendly nations, development partners, and private sectors express keen interest in exploring Nepal’s diverse investment opportunities across key sectors. News Article: Kathmandu, 1st May 2024 – The third Nepal Investment Summit, which commenced in Kathmandu on Sunday, has witnessed an outpouring of […]
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Nepal Oil Corporation Slashes Diesel, Kerosene Prices; Hikes Aviation Fuel Rates
In a move that will bring respite to consumers, the Nepal Oil Corporation (NOC) has announced a decrease in the prices of diesel and kerosene, effective immediately. However, the state-owned fuel distributor has also increased the rates for aviation fuel, both domestic and international, to align with global market dynamics. According to NOC spokesperson Manoj […]
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Nepal Oil Corporation Slashes Diesel, Kerosene Prices; Hikes Aviation Fuel Rates
In a move that will bring respite to consumers, the Nepal Oil Corporation (NOC) has announced a decrease in the prices of diesel and kerosene, effective immediately. However, the state-owned fuel distributor has also increased the rates for aviation fuel, both domestic and international, to align with global market dynamics. According to NOC spokesperson Manoj […]
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Nepal’s Investor-Friendly Climate Lauded at Investment Summit 2024
The third Nepal Investment Summit 2024 has served as a platform for national and international entrepreneurs to showcase Nepal’s investment-friendly climate and abundant opportunities. During the session ‘Success Stories of Investment in Nepal,’ participants shared their experiences of thriving businesses in the Himalayan nation and expressed optimism about the prospects of investing in various sectors. […]
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Gold Prices Tumble in Nepalese Market
The price of gold has taken a nosedive in Nepal, marking a second consecutive day of declines in the Himalayan market. According to the Federation of Nepal Gold and Silver Dealers Association, the precious metal is currently trading at Rs 1,34,500 per tola on Wednesday, a substantial Rs 2,700 drop from Tuesday’s closing rate of […]
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Gold Prices Tumble in Nepalese Market
The price of gold has taken a nosedive in Nepal, marking a second consecutive day of declines in the Himalayan market. According to the Federation of Nepal Gold and Silver Dealers Association, the precious metal is currently trading at Rs 1,34,500 per tola on Wednesday, a substantial Rs 2,700 drop from Tuesday’s closing rate of […]
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GEFONT Report Exposes Alarming Rise in Minimum Wage Violations
In a concerning revelation, the General Federation of Nepalese Trade Unions (GEFONT) has exposed a significant rise in minimum wage violations across industrial enterprises in Nepal. According to GEFONT’s recent Labor Audit Report- 2080 BS, an alarming 21.7% of industries are failing to pay their laborers the government-mandated minimum wage, marking a six percent increase […]
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