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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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Nepal Amends Laws to Boost Investment Prospects – FNCCI Welcomes the govt. move
In a pivotal move to enhance Nepal’s investment climate, the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has welcomed the government’s recent amendments to 12 laws and regulations through ordinances. These reforms come on the eve of the highly anticipated 3rd Nepal Investment Summit 2024, scheduled to take place on April 28-29 in […]
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Sajha Yatayat Introduces Electric Bus Service in Kathmandu, Expanding Sustainable Public Transportation
Sajha Yatayat, a public transportation company in Nepal, has started an electric bus service from Patandhoka to Gyaneshrar-Jorpati (Dakshindhoka) via Ratnapark. The electric bus service was inaugurated by Mayor Chiribabu Maharjan of Lalitpur Metropolitan Municipality. Initially, the service consisted of three buses running from Dakshindhoka-Jorpati-Chabhil-Gaushala-Ratopul-Ghantaghar-Jamal-Maitighar-Patandhoka route. However, there are plans to expand the service and […]
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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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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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List of Nepali Startups
Nepal may not be the first place that comes to mind when you think of startups, but it is slowly making a name for itself in the entrepreneurial world. With a young population that is eager to innovate and a growing economy, Nepal has become a hotbed of startups in recent years. One of the […]
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Prime Minister’s directive to establish legal provisions for registering electric bikes produced in Nepal
Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has directed the concerned authorities to expedite the legal process for registering vehicles produced in Nepal. He has taken the issue seriously and instructed the relevant agencies to address the issue of vehicles not being registered in Nepal, especially those produced in the country. In a tweet, he said, […]
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Google Enrolls itself in the Nepalese Tax System
Nepal’s tax system now includes Google LLC, one of the world’s biggest technology companies, as per the Inland Revenue Office. Google has registered in the Lalitpur-based Large Taxpayer Office to pay taxes on the different services and products it offers in Nepal, including electricity services, for Fiscal Year 2079/80. The spokesperson for IRD, Raju Prasad […]
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Nepal’s Yatri Motorcycles denies rumors of team going abroad amid production halt
Yatri Motorcycles, a company based in Nepal that produces and sells electric bikes, has denied rumors that its founding team has gone abroad. The company took to Facebook to clarify that the rumors are false. According to a post on the company’s Facebook page, there have been reports that the founders have abandoned their vision […]
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