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Central bank panel proposes monthly QR code payment limit at IRs100,000 for Nepalis in India

Kathmandu, April 19 -- A panel formed by Nepal's central bank has suggested capping payments made via quick response (QR) code for Nepali nationals in India at IRs 100,000 (Rs160,000) per month, eithe... Read More


Dhaka wants preferential trade pact. Nepal says drop 'hidden tariffs' first

Kathmandu, April 17 -- Nepal and Bangladesh are sitting down for a commerce secretary-level meeting in Kathmandu on Wednesday to strengthen economic ties and boost subregional connectivity. But the mu... Read More


Escalating Middle East crisis threatens Nepali economy

Kathmandu, April 15 -- Remittance-dependent Nepal may face a dizzying sequence of shocks, particularly in the labour market, due to escalating tensions in the Middle East following Iran's attack on Is... Read More


Back to physical stores. E-commerce falters in Nepal's topsy-turvy business climate

Kathmandu, April 14 -- The 'To-Let' sign hanging in shops across Kathmandu Valley has been a common sight for the last two years. Shoppers say stores that deliver goods and services to the customer's... Read More


Dairy farmers to get one-third of outstanding dues by this week

Nepal, April 9 -- The state-owned dairy company will finally settle just over one-third of the dues owed to farmers by this week, a month and a half after the prime minister acknowledged the issue. "... Read More


Inflation at 30-month low. Yet food prices refuse to come down

Nepal, April 8 -- Nepal's official consumer inflation data show price hikes have moderated across the economy, dropping sharply to a 30-month low, but food prices remain persistently high. According ... Read More


Jobs being created in Nepal lack quality: Experts

Kathmandu, April 6 -- While overall unemployment rates are low, the jobs being created in Nepal's economy are not quality jobs, analysts said on Friday, stressing the need for new strategies, new part... Read More


Nepal awaits revival of key US trade preference scheme

Nepal, March 25 -- The reinstatement of the generalized system of preferences (GSP), which has been aiding the competitiveness of Nepali exports in the global market is vitally important. It accounts ... Read More


Chinese eye Nepali orthodox tea

Kathmandu, March 24 -- Last year, Chinese Ambassador to Nepal Chen Song invited Nepal to export more good-quality tea to China and looked forward to conducting more tea-related exchanges to deepen the... Read More


Experts urge earlier insurance planning for long-term care

Nepal, March 20 -- Nepal spent an average of Rs50 billion annually on post-disaster response between 2012 to 2020, a report said, highlighting the critical need for tailoring insurance coverage to add... Read More