Business and Economy
Russia Eyes Southeast Asia in Bold Grain Export Push
Russia, the world’s largest wheat exporter, has begun a new effort to gain a foothold in important grain markets in Southeast Asia. This move aims to diversify its export base beyond its usual buye...
Government Revises Minimum Wages for Workers and Employees
A change to the minimum wage rates for workers and employees has been announced by the Ministry of Labor, Employment, and Social Security, and it will take effect on July 15. The Ministry said in a...
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In its new monetary policy, the NRB increases the home loan limit to Rs 30 million
In its new monetary policy for the next fiscal year, Nepal Rastra Bank (NRB) increased the home loan limit from Rs 20 million to Rs 30 million.
Announcing the policy on Friday, NRB Governor D...
Exports at Birgunj Customs Double to Rs 40.34 Billion
KATHMANDU: The value of exports through the Birgunj customs checkpoint in Parsa has nearly doubled to Rs 40.34 billion in the first seven months of the current fiscal year from Rs 17.79 bill...
Nepal Micro Insurance IPO Opens, Receives 6.82x Over-Subscription
KATHMANDU: As of Monday evening, 965,221 people had applied for a total of 12.596 million shares, worth Rs 1.259 billion, from Nepal Micro Insurance Company Limited (NMIC), which opened its...
LetMeIn Korean Aesthetic: First Korean Technology-Based Skincare Clinic in Nepal
KATHMANDU: LetMeIn Skin Clinic, is a modern dermatological clinic that uses world-famous Korean technology to provide clien...
Nepal’s Foreign Trade Surge of 13.3% This Fiscal Year
KATHMANDU: The Customs Department reports that during the first seven months of the current fiscal year, Nepal's foreign commerce increased 13.30% over the same period last year. Both import...
NAC, Japan Airlines Partner for Global Connectivity
KATHMANDU: Nepal Airlines Corporation (NAC) and Japan Airlines have signed a bilateral interline agreement that allows passengers to order tickets for international destinations. Enhancing N...
Most Nepali Banks Keep Interest Rates Unchanged
KATHMANDU: From mid-February to mid-March, the majority of Nepal's commercial banks have maintained their interest rates at their current levels. With only one bank raising rates and another...
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