Blogs & Articles
Nepali Government Aims to Brand and Export Local Liquors
In a move to promote Nepal’s traditional liquor industry, the government has unveiled plans to brand and export local liquors by maintaining stringent quality standards. President Ramchandra Paudel announced this initiative while presenting the government’s policy and program for the upcoming fiscal year 2081/082 BS. During his address, President Paudel stated that a special program […]
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Comprehensive Guide Launched to Boost Nepal’s Cashmere Products
In a significant boost for Nepal’s Pashmina industry, a comprehensive trade facilitation guide has been launched to support small-scale businesses in exporting the renowned Nepali Pashmina to major international markets. The guide was jointly unveiled by Myriam Ferran, Deputy Director General for International Partnerships of the European Commission; Veronique Lorenzo, Ambassador of the European Union […]
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Revival of Gorakhkali Rubber Udhyog
In a significant move to revive ailing public enterprises, the Nepali government has unveiled a policy to resume the operation of sick public enterprises, including the Gorakhakali Rubber Udhyog. This announcement was made by President Ramchandra Paudel while presenting the government’s policy and program for the upcoming fiscal year of 2081/82 BS (2024/2025). President Paudel […]
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Nepali Businessman Sharma Appointed as Kyrgyzstan’s Honorary Consul
In a move to strengthen economic ties between Nepal and Kyrgyzstan, Ramesh Sharma, the Secretary General of the Nepal-India Chamber of Commerce and Industry, has been appointed as the Honorary Consul General of Kyrgyzstan to Nepal. The flag hosting and inauguration ceremony was held in the presence of Non-residential Ambassador to Nepal, Askar Beshimov. Sharma, […]
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Korea to Invest $9.8 Million in Green Jobs Creation in Pokhara
In a significant move towards sustainable development, the Korean government has pledged a generous assistance of $9.8 million for the creation of green jobs in Pokhara, Nepal. The Memorandum of Understanding (MoU) for the project titled ‘Green Job Creation through Recycling and Up-cycling Project’ was signed by Ambassador Taeyoung Park and Finance Secretary Madhu Kumar […]
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Nepal’s 16th Five-Year Development Plan Unveiled
In a recent announcement, the government of Nepal has unveiled its 16th Five-Year Development Plan, outlining ambitious goals for economic growth and social development. The plan, revealed during a press conference at Singha Durbar, aims to propel the country’s economy forward, targeting a substantial increase in GDP and significant improvements in key indicators. The National […]
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Gold Prices Dip by Rs 700 per Tola in Nepali Market Today
The domestic gold market in Nepal witnessed a notable decrease today, with the price of gold dropping by Rs 700 per tola. According to the Nepal Gold and Silver Dealers’ Association, the current price for fine gold stands at Rs 137,400 per tola, whereas standard gold is being traded at Rs 136,750 per tola. Comparatively, […]
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Nepali Stock Market Witnesses Broad Gains: NEPSE Index Soars
In a notable surge, all indices of the Nepali stock market experienced an upward trajectory on Tuesday. The NEPSE index surged by 28.62 points, marking a 1.43% increase compared to the previous day and reaching an impressive 2027 points. This bullish trend was reflected in the performance of companies, with 219 witnessing price hikes, 22 […]
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Nepal Government to Establish Dedicated Regulatory Body for Cooperatives
In a significant move to strengthen oversight and regulation, the Nepal government has announced plans to set up a dedicated regulatory body focused on the intensive supervision of cooperatives. This announcement came during the unveiling of the government’s policies and programs for the upcoming fiscal year, showcasing a commitment to enhance accountability and safeguard savings […]
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