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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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Swiss Aid Boosts Nepal’s Eco-Tourism Push
In a significant move to bolster Nepal’s eco-tourism sector and empower local communities, the Swiss government has pledged financial assistance of 9.01 million Swiss francs for a trekking-based tourism project in the Koshi Province. The four-year project, slated to commence this year, is expected to directly benefit approximately 100,000 locals across 29 local levels within […]
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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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Mount Everest Ascent Season Boosts Government Revenue
The government has seen a surge in revenue, surpassing Rs 500 million in royalty collection with the onset of the Mount Everest ascent season. According to the Tourism Department, Rs 505 million was collected from 352 individuals who obtained climbing permits for Mount Everest, the world’s highest peak. Rakesh Gurung, Director at the Adventure Tourism […]
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MDMS comes into effect on May 16, 2023
The Nepal Telecommunication Authority (NTA) has recently announced the implementation of the Mobile Device Management System (MDMS), which went into effect on Tuesday, May 16, 2023. Under this new rule, passengers traveling to Nepal from abroad are allowed to bring up to two mobile handsets. To ensure compliance, mobile sets brought from abroad must be […]
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Electric Vehicle (EV) Sales in Nepal in Rise
The surge in gasoline prices has become a catalyst for the remarkable growth of electric vehicles (EVs) in Nepal’s market. Despite the recent decline in fuel prices, EVs continue to gain popularity and market share in the country. Among the EV models capturing significant attention is the Tata Nexon EV, regarded as a major attraction […]
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