Economic impact
5th National Honey Fair Begins in Kathmandu with Health and Longevity Message
The 5th National Honey Fair kicks off in Kathmandu on Wednesday, advocating the health benefits of consuming honey daily for a long and healthy life. At a press conference held on Tuesday, honey producers highlighted the significance of the fair in promoting awareness about the advantages of honey consumption. Subhash Chandra Ghimire, President of Nepal […]
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Gold Prices Drop Sharply, Silver Follows Suit
Gold prices witnessed a significant drop on Tuesday, declining by Rs 2,700 per tola (11.66 grams). This decline follows a previous decrease of Rs 1,100 per tola, resulting in a total decrease of Rs 3,800 per tola within just two days. The Federation of Nepal Gold and Silver Dealers’ Association reported that on Tuesday, gold […]
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Samsung Partners with Him Electronics to Open Nepal’s First Multinational Electronics Manufacturing Facility
Samsung and Him Electronics have partnered to open Nepal’s first multinational electronics manufacturing facility. The landmark television factory is located in Nawalparasi and was inaugurated by the Hon’ble Minister of Industries, Commerce and Supplies and Samsung Southwest Asia’s CEO, Mr. JB Park. This move is expected to have a significant impact on Nepal’s economy and […]
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Bank Holidays in Nepal 2080
Nepal Rastra Bank, the central bank of Nepal, recently released the annual bank holiday schedule for the period of 2080 BS (April 14, 2023-April 12, 2024). This announcement by NRB follows the government’s decision to allow certain essential service-providing institutions, such as banks, to operate on certain public holidays declared by the government. The NRB […]
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