Half of the country’s households still rely on firewood for cooking
The increased use of sustainable household appliances and electric cars indicates a global shift toward the use of renewable energy sources. In contrast to this, …
Nepal offers $46 billion climate investment opportunities
A study by International Finance Corporation (IFC) in 2017 estimated that Nepal offers climate investment opportunities worth $46.1 billion between 2018 and 2030 in key …
37 electric buses that Sajha Yatayat a cooperative-based public transportation service provider had purchased are yet to begin operation. Only three electric buses that were …
WorldLink Communications gets $15.3 million investment from BII and DIF II for internet expansion
WorldLink Communications one of the leading private sector internet service providers in the country has secured a combined series B investment of $15.3 million from …
NTB mandates licensed trekking guide to all foreign trekkers
The Nepal government has prohibited foreign travelers (solo or in groups) from trekking expeditions without accompanying a licensed trekking guide. A government-licensed guide is now …
PM Dahal promises to make uterus and breast cancer diagnosis and treatment free
Speaking at a celebration program to mark the 113th International Women's Day organized by the Ministry of Women, Children, and Senior Citizens, Prime Minister Pushpa …
How is the Nagdhunga Tunnel project faring?
The Nagdhunga Tunnel, considered to be the first modern tunnel in Nepal connecting Satungal (Kathmandu)and Sisnekhola (Dhading) has completed 50.2% of physical works and 54.4% …
Company watch: Classic Tech posts revenue of Rs 875 million in the fiscal year 2021/22
In the fiercely competitive retail internet business, the Internet Service Provider Classic Tech has posted a revenue of Rs 875 million in the fiscal year …
Nepal’s Chhurpi export sees tremendous growth
Export of the worlds hardest cheese, Chhurpi, often called a Himalayan chewing gum, has soared in the last five fiscal years. Last fiscal year, Nepal …
Consumers expect inflation as high as 12%, says Inflation Expectation Survey
In the second quarterly Inflation Expectations Survey (IES) by the Nepal Rastra Bank (NRB) for the fiscal year 2022-23, respondents expected that price rise will …
Nepal targets to export $75 million worth Chyangra Pashmina by 2026
Last week, Nepal unveiled its National Pashmina Sector Export Strategy 2022-2026. The strategy aims to increase its Chyangra Pashmina export to Rs 10 billion ($75 …
Samsung all set to assemble LED TV sets in Nepal by March 2023
South Korean consumer electronics multinational giant Samsung will start assembling LED TV sets from March 2023 in a plant set up at Nawalparasi in collaboration …