Various factors hindering Nepal's export potential Nepal’s total exports slumped 21.4 per cent to Rs 157.14 billion in the last fiscal year compared to a surge of 41.7 per cent to an all-time high of Rs 200.03 billion in the fiscal year 2021-22. The country’s exports continued to contract in the first month of the current fiscal year, with a drop of 8.7 per cent to Rs 13.53 billion compared to the same month of last fiscal. Business 22 Sep, 2023
NEA exports power worth over Rs 5.43 billion to India in two months Nepal Electricity Authority (NEA) exported power worth over Rs 5.43 billion to India in the first two months of the current fiscal year. Business 21 Sep, 2023
Germany went from envy of the world to the worst-performing major developed economy. What happened? The sudden underperformance by Europe's largest economy has set off a wave of criticism, handwringing and debate about the way forward. World 19 Sep, 2023
EDITORIAL: Remittance economy With the surge in the inflow of remittances during the first month of the fiscal year, the current account has recorded a whopping surplus after 33 months of recession caused by the outbreak of COV- ID-19 and the war in Ukraine. Opinion 19 Sep, 2023
Nepal's current account records surplus after 33 months The Nepal Rastra Bank (NRB) unveiled its latest macroeconomic update today, indicating improvements in the current account. Business 18 Sep, 2023
Country received Rs 116 billion plus remittance in first month of current fiscal year According to the central bank, the current account remained at a surplus of Rs12.99 billion in the review period against a deficit of Rs 15.13 billion in the same period of the previous year. Business 17 Sep, 2023
Jumla exports 21,000 metric tonnes of apple The quantity of apple was exported from all eight local levels in the district. Business 12 Sep, 2023
Biden says US-Vietnam relations have evolved from the 'bitter past' of the Vietnam War Vietnam is elevating relations with the US to the level of a comprehensive strategic partner, Vietnam's highest tier of international partnership. World 10 Sep, 2023
EDITORIAL: Prioritse consumption Even as Nepal’s electricity production keeps increasing, the country does not seem to have a clear policy as to whether we should prioritise consumption or electricity trade. Opinion 08 Sep, 2023
Stakeholders stress prioritising infra investment To support the increase in power production, stakeholders have emphasised the imperative need to boost investment in infrastructure to elevate domestic consumption and enhance exports to neighbouring countries. Business 07 Sep, 2023
EDITORIAL: Undiplomatic remarks Chinese Ambassador to Nepal Chen Song has drawn flak from the diplomatic community in Nepal for making undiplomatic comments on Nepal-India relations. Opinion 07 Sep, 2023
Russia's Putin says there will be no new grain deal until the West meets his demands Putin said that if those commitments were honored, Russia could return to the deal “within the nearest days.” World 04 Sep, 2023
