Transforming lives in Bajura: Women lead the charge In the rural village of Dimmerpani, in Bajura district, far north-western Nepal, ‘climate change’ is not a buzzword or a far-off issue Opinion 23 Dec, 2024
Biodiversity preservation: Give real power to young people As the international community is getting ready for crucial talks at the Climate COP 29 to be held in Baku in November, the stakes could not be higher for highly climate- vulnerable nations like Nepal. Yet the attention of the country should also be on another key global summit, the Biodiversity COP 16 that the city of Cali in Colombia will host just a few days before the events in Azerbaijan. Opinion 30 Sep, 2024
EDITORIAL: Anxious traders Traders are up in arms against the Indian government’s decision to ban the export and import of goods from the Land Customs Station (LCS) of Raxaul on the border and direct them through the Integrated Check Point (ICP) starting Sunday, or October 16. T Opinion 14 Oct, 2022
Share market reacts positively to Monetary Policy 2022-23 ​​​​​​​The new Monetary Policy, a slight improvement in liquidity and entry of new investors in the market resulted in the Nepal Stock Exchange (Nepse) index surging by 123.06 points or 6.10 per cent over the review week from July 24 to 29. Business 31 Jul, 2022
Import ban helps to prop up forex reserves As the government has curbed the import of certain non-essential goods, the foreign exchange reserves of Nepal witnessed a slight uptick, increasing by $30 million in the ninth month of the current fiscal. Business 12 May, 2022
'Mal governance and whims put economy in crisis' Economists have pointed out that the mal governance and decisions made on whims have increased the possibility of Nepal’s economy heading towards a crisis. They stressed on the need for Nepal to be aware of the current situation of Sri Lanka due to mal governance, inefficient policies, financial opacity and other reasons. Business 05 May, 2022
Trade deficit widens further to Rs 1.31 trillion Even as the commercial banks have halted issuing letters of credit (LCs) for non-essential items, including gold and vehicles, the country’s trade deficit continues to widen unabatedly. Business 23 Apr, 2022
'Make alternative arrangements for supply of gold, silver' As the supply of gold and silver has stagnated with the decision of the commercial banks last week not to issue any letters of credit (LCs) for the import of non-essential commodities, the three related federations have collectively drawn the attention of the government requesting to make alternative arrangements for the supply of precious metals. Business 18 Apr, 2022
NRB data contradict government assurances The latest macroeconomic update unveiled by the Nepal Rastra Bank (NRB) sharply contradicts the recent assurances made by Finance Minister Janardhan Sharma that the country is not facing an economic crisis. Business 13 Apr, 2022
EDITORIAL: No to luxury items The bankers themselves have decided not to issue letters of credit (LCs) for the import of luxury goods eventhough the Ministry of Finance took no initiatives to address the dwindling foreign exchange reserve in the recent months. Opinion 12 Apr, 2022
Banks not to issue LCs for import of luxury goods The Nepal Bankers’ Association (NBA), an organisation of chief executive officers of commercial banks, has decided not to issue letters of credit (LCs) for the import of luxury goods, except for the essentials. Business 11 Apr, 2022
Short AstraZeneca shelf life complicates COVID vaccine rollout to world's poorest BRUSSELS/LONDON, FEBRUARY 16The relatively short shelf life of AstraZeneca Plc's COVID-19 vaccine is complicating the rollout to the world's poorest nations, according to officials and internal World Health Organization documents reviewed by... World 16 Feb, 2022
