Foreign study costs outpace growth in Nepal's service exports

Kathmandu, July 20 -- Every year, thousands of Nepali students leave the country for higher education, taking billions of rupees in foreign exchange out of Nepal. Their educational expenses have becom... Read More

Consumer Court settles over half its cases in first year, but access remains limited

Kathmandu, July 19 -- On May 21, Nepal's Consumer Court ordered Qatar Airways to pay Rs26.19 million in compensation to Priti Thapa after hot coffee spilled on her during a transit flight from Doha to... Read More

Nepal targets exports worth 20 percent of GDP in two years, but experts call goal unrealistic

Kathmandu, July 15 -- The government has updated its national trade strategy, setting an ambitious target of increasing the value of goods and services exports to 20 percent of Nepal's gross domestic ... Read More

Nepal's dog chew exports rise 7 percent despite US tariff

Kathmandu, July 13 -- Nepal's dog chew exports rose by 7 percent in the first 11 months of the current fiscal year, despite a 10 percent tariff imposed by the United States on Nepali products. Accord... Read More

What's the cost of building a home? It's getting more expensive

Kathmandu, July 12 -- What does it cost to build a house in Kathmandu? Builders say the budget for constructing a two-and-a-half-storey house has increased by double digits over the past year, largely... Read More

Nepal's micro and small industry registrations plunge 75 percent in five years despite policy push

Kathmandu, July 8 -- The number of micro, cottage and small enterprises (MCSEs) registered in Nepal has plunged by nearly 75 percent over the past five years despite a series of government policies an... Read More

Indian safeguard duty slashes Nepal's iron and steel exports by two-thirds

Kathmandu, July 5 -- Nepal's iron and steel exports to India have plunged sharply following the neighbouring country's imposition of safeguard duties, raising concerns over declining export earnings, ... Read More

Nepal updates water tank standards to keep up with new manufacturing technology

Kathmandu, July 2 -- With the use of household water storage tanks rising across Nepal and growing concerns over product quality, the Nepal Bureau of Standards and Metrology (NBSM) has revised and pro... Read More

Global oil prices tumble, but Nepal unlikely to see major fuel price cuts soon

Kathmandu, June 29 -- International crude oil prices have fallen to their lowest levels since before the Iran conflict started in February-end, offering Nepal a significant economic cushion by easing ... Read More

Average return on microenterprises in Nepal falls below minimum urban wage, reports World Bank

Kathmandu, June 25 -- Most informal microenterprises in Nepal remain outside the formal economy not by choice but out of necessity, according to a recent World Bank report, which says the vast majorit... Read More

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