Flood fallout puts Nepal's tourism recovery at risk Nepal’s tourism industry is facing another major setback after the recent Bhotekhoshi floods caused an estimated Rs 52 billion in losses and triggered a sharp drop in tourist bookings just as the country entered its peak autumn season.
Real estate transactions surge to Rs 721 billion Real estate transactions in Nepal surged to Rs 720.86 billion in the last fiscal year, according to the Economic Research Department of Nepal Rastra Bank.
Aloft Kathmandu Thamel team contributes Rs 1.5 million to flood relief fund The team at Aloft by Marriott Kathmandu Thamel has contributed Rs 1.5 million to the Prime Minister’s Disaster Relief Fund to support communities affected by the recent floods in Nepal.
Hyundai rolls out festive campaign with up to Rs 8 lakh in discounts Laxmi Intercontinental Pvt. Ltd., the authorised distributor of Hyundai vehicles in Nepal, has launched its festive campaign, “Hyundai Festive Drive 2083”, offering customers cash discounts and other benefits during the Dashain, Tihar and Chhath festive season.
inDrive contributes Rs 75m to Prime Minister's Disaster Relief Fund Global mobility and delivery platform inDrive has contributed Rs 75 million to the Prime Minister’s Disaster Relief Fund to support relief, rehabilitation and recovery efforts for communities affected by the recent floods.
AIWIBI contributes Rs 5 million to Prime Minister's Disaster Relief Fund AIWIBI Australia, through its Nepal distributor Shubham Health Care Products Pvt. Ltd., has contributed Rs 5 million to the Prime Minister’s Disaster Relief Fund for relief efforts following the recent Bhotekoshi floods.
Chirag Goyal appointed director of Excel Development Bank Entrepreneur and investor Chirag Goyal has been elected to the Board of Directors of Excel Development Bank Ltd. at the bank’s 20th Annual General Meeting.
Ncell deploys satellite connectivity in flood-hit areas Ncell has begun deploying satellite-powered internet connectivity in areas severely affected by the Bhotekoshi floods, where conventional communication networks have been disrupted.
KL Dugar Group provides 17 tonnes of food aid to flood-affected families KL Dugar Group has provided 17 tonnes of essential food items to flood-affected families in Rasuwa and Nuwakot.
NIMB Ace Capital, portfolio firms provide Rs 5.6m for flood relief NIMB Ace Capital Limited and NIBL Equity Partners have provided and committed more than Rs 5.6 million to support victims of the recent Bhotekoshi floods.
Subisu provides free Wi-Fi to flood-hit families in Nuwakot Internet service provider Subisu has started providing free Wi-Fi services at relief camps and affected communities in Nuwakot to help flood-affected families stay connected and access essential information.
Feed industries contribute Rs 31.78m to disaster relief fund Member industries of the Nepal Feed Industries Association (NFIA) have contributed Rs 31.78 million to the Prime Minister’s Disaster Relief Fund for relief and rehabilitation of communities affected by the recent floods and landslides in the Bhotekoshi-Trishuli region.
China's Tatopani closure comes at worst time for traders The unilateral closure of the Tatopani border by China comes at a particularly damaging moment for Nepal’s traders.
NIBL Equity Partners to invest up to Rs 100 million in animated film NIBL Equity Partners, managed by NIMB Ace Capital Ltd, has signed a term sheet with Incessant Rain Studios for a proposed investment of up to Rs 100 million in the upcoming Nepali animated feature film Lost in Mandala.
Nepal Youth missing after jumping into Lal Bakaiya River in Rautahat A 27-year-old man went missing after jumping into the Lal Bakaiya River from a bridge in Maulapur Municipality-4 of Rautahat on Friday, police said.
Sports Nepal beat Afghanistan by five wickets in men's cricket Nepal defeated Afghanistan by five wickets in men’s cricket at the 20th Asian Games in Aichi-Nagoya, Japan, on Friday.
Nepal Experts call for transboundary science and transformational climate diplomacy Following the catastrophic August 26 disaster that left over 1,400 dead and 6,000 missing, climate experts and officials urged a comprehensive overhaul of Nepal’s risk frameworks, infrastructure planning and climate diplomacy during a dialogue organised by the Youth Innovation Lab (YIL) today.
Kathmandu Swet Bhairav: The hidden face of Shiva revealed during Indra Jatra Bhairav, so fierce that it's kept hidden from the public eyes, is unveiled for the first time this year.
Nepal Nepal settles for bronze after semifinal loss to India Nepal secured a bronze medal in women’s kabaddi at the 20th Asian Games after losing 48-24 to India in the semifinal at Tokai Citizen Gymnasium on Friday.
Nepal Tikapur schools shut as flood, inundation risks rise after rain Tikapur Municipality has declared a one-day holiday for all community and institutional schools on Friday, citing increased risks of flooding and inundation following continuous rainfall.
Videos Non-Stop Rain Floods Teku Kalopul Road, Commuters Stuck In Waterlogged Chaos The Teku Kalopul corridor road in Kathmandu is submerged after continuous rain swelled river flow in the area, disrupting movement for commuters.
Opinion Small-state realism: An alternative to inconsistent, individual-centric diplomacy Recently, influential lawmaker of Rastriya Swatantra Party (RSP), Amresh Kumar Singh, blatantly accused from the podium of the House of Representatives (HoR) that the chief advisor of Prime Minister (PM) Balendra Shah had secretly met Indian PM Narendra Modi’s chief security advisor in a New Delhi hotel.
Nepal Dhaulagiri climbing team retreats amid bad weather A team of mountaineers attempting to climb Mt Dhaulagiri (8,167m), the world’s seventh-highest mountain, has retreated from base camp after deteriorating weather conditions and forecasts of heavy rainfall forced expeditions to suspend activities.
Kathmandu Rain, landslides disrupt Kathmandu waste collection services Kathmandu Metropolitan City (KMC) has urged residents not to dispose of household waste in public areas after continuous rainfall and landslides disrupted waste collection and transportation services.
Nepal Three die in separate accidents and incidents across Makawanpur Three people died and three others were injured in separate incidents in Makwanpur on Friday, according to police.
Nepal PM Shah calls for 'Climate Justice' beyond UN documents, proposes Himalayan Resilience Mechanism Prime Minister Balendra Shah has called for climate justice to move beyond commitments and declarations, urging the international community to provide greater support to countries such as Nepal that face disproportionate impacts from climate change despite contributing little to global greenhouse gas emissions.