Government has carried out bold and pro-people works: PM Dahal Prime Minister Pushpa Kamal Dahal 'Prachanda' has said that the government has carried out historic works in favour of the country and the people. Kathmandu 03 May, 2024
Challenges of remittance Nepal is a nation afflicted by low income, poverty, rising unemployment and unsound dependence on agriculture. According to the Economic Survey of 2077/78, about 66 percent of the population rely on agriculture, but that population is invisibly quasi-unemployed or seasonal unemployed. Blogs 11 Apr, 2022
CNI urges EU to remove Nepal from its air safety list Officials of the Confederation of Nepalese Industries (CNI) and EU Ambassador to Nepal Nona Deprez discussed bilateral relations and trade promotion on Wednesday. Business 09 Apr, 2021
MUS to control COVID-19 Sajpani, a quiet village in Surkhet district, used to be an oxymoron – while pani featured prominently in its name, the village had no water. Girls and women hauled water up from a river, an hour-long, back-breaking daily chore. Water was, thus, a... 31 Jul, 2020
Responding to COVID-19�s impact on remittances July 3, 2020 Remittances are very crucial to many low-income and middle-income countries (LMICs). Though these financial flows somewhat demonstrated their resilience during the global financial crisis of 2008 and the Ebola epidemic of 2014, they... 03 Jul, 2020
Multiple-Use Water System to control COVID-19 Sajpani, a quiet village in Surkhet district, used to be an oxymoron – while pani featured prominently in its name, the village had no water. Girls and women hauled water up from a river, an hour-long, back-breaking daily chore. Water was, thus, a... 01 Jul, 2020
Impact of COVID-19 on remittances According to the World Bank’s latest Migration Brief, global remittances are expected to take a dramatic fall by about 20 per cent to US$ 445 billion in 2020 from US$ 554 billion in 2019 due to the economic crisis brought about by the COVID-19... 03 Jun, 2020
Remittance income plunges 51pc Kathmandu, May 17 Nepal’s remittance income plunged 51.4 per cent in the ninth month of the current fiscal, as Nepalis working abroad sent less money home due to the COVID-19 pandemic. Cash inflow Ninth month of 2019-20 Rs 34.48... 18 May, 2020
COVID-19 sledgehammers economic activities We will have to wait for at least three to four months just to return to some semblance of normalcy Pashupati Murarka, former president of FNCCI The government needs to launch an effective rescue package that can provide relief to sectors... Travel 09 Apr, 2020
Lockdown to shave up to 2pc off GDP: ADB Kathmandu, April 3 The loss to the country’s economy due to the 15-day nationwide lockdown can range between one and two per cent of the gross domestic product, according to the Asian Development Bank. Unveiling its Nepal Macroeconomic Update... 04 Apr, 2020
BoP deficit widens to Rs 63.7 billion Kathmandu, February 13 The outflow of money from the economy surpassed inflows by Rs 63.7 billion in the first half of the fiscal year as Nepal’s imports exceeded exports by almost 16 times. The balance of payments (BoP) deficit of Rs 63.7... 14 Feb, 2019
Country�s forex reserves slump to 32-month low Kathmandu, December 24 Nepal’s foreign exchange reserves have slumped to a 32-month low despite robust growth in remittance income and downward revision in foreign exchange facility for Nepalis visiting overseas, raising the spectre of the... 25 Dec, 2018
