ECONOMY
Govt to allow multinational companies to lease apartments
Govt to allow multinational companies to lease apartments
“A legal provision will be introduced to allow foreign investors, multinational companies, international organizations and their branches investing in Nepal to lease buildings or apartments for office or residential purposes,” he said.
May 29, 2025
ECONOMY
Assets of cooperative fraudsters to be auctioned; Revolving fund to refund cooperative dep...
Assets of cooperative fraudsters to be auctioned; Revolving...
The government has announced plans to establish a revolving fund to refund savings deposited in troubled cooperatives. Finance Minister Bishnu Paudel made the announcement during his presentation of the budget for the upcoming Fiscal Year (FY) 2025/26.
May 29, 2025
ECONOMY
Govt allocates Rs 730 million for concessional loans to startup entrepreneurs
Govt allocates Rs 730 million for concessional loans to star...
The government has announced it will provide concessional loans to startup entrepreneurs. Finance Minister Bishnu Paudel informed that NPR 730 million has been allocated for this purpose.
May 29, 2025
ECONOMY
Govt allocates Rs 60.66 billion to provinces for fiscal equalization
Govt allocates Rs 60.66 billion to provinces for fiscal equa...
The government has decided to provide grants to provinces and local levels based on the recommendations of the National Natural Resources and Fiscal Commission (NNRFC) for fiscal equalization.
May 29, 2025
POLITICS
No alternative to federal democratic republic: PM Oli
No alternative to federal democratic republic: PM Oli
Prime Minister KP Sharma Oli has said that there is no alternative to the federal democratic republican system, where citizens can choose their own leaders through election.
May 29, 2025
ECONOMY
FM Paudel begins delivering budget speech for FY 2025/26
FM Paudel begins delivering budget speech for FY 2025/26
Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has begun delivering the budget speech in Parliament.
May 29, 2025
ECONOMY
Nepal’s economy estimated at Rs 6.17 trillion, per capita income at USD 1,517
Nepal’s economy estimated at Rs 6.17 trillion, per capita in...
The survey also states that Nepal’s per capita income has reached USD 1,517.
May 29, 2025
POLITICS
Laxman Humagain reappointed as Chairman of the Advertisement Board
Laxman Humagain reappointed as Chairman of the Advertisement...
Laxman Humagain has been reappointed as chairman of the Advertisement Board. Six candidates had applied for the position. A cabinet meeting on Monday approved Humagain’s appointment, according to government spokesperson and Minister of Communication and Information Technology, Prithvi Subba Gu...
May 29, 2025
SOCIETY
Durga Prasai-led campaign boycotts pro-monarchy protest
Durga Prasai-led campaign boycotts pro-monarchy protest
The “campaign to protect nation, nationalism, religion, culture and citizens'” led by Prasai issued a statement saying they will not participate in today’s pro-monarchy demonstration.
May 29, 2025
SPORTS
CAN appoints Nic Pothas as consultant to Nepal’s national cricket team
CAN appoints Nic Pothas as consultant to Nepal’s national cr...
The Cricket Association of Nepal (CAN) has appointed South African coach Nic Pothas as a consultant to the Nepali national cricket team for the ICC Cricket World Cup League 2 tournament to be held in Scotland.
May 29, 2025