Kathmandu, May 22 -- Nepal's Department of Money Laundering Investigation has recommended prosecuting 29 individuals, including businessmen Deepak Bhatta and Sulav Agrawal, on charges of money launder... Read More
Kathmandu, May 21 -- Nepal remains one of the poorest countries in South Asia in terms of per-capita income, with weak public services to show for it - yet its working class pays some of the highest t... Read More
Kathmandu, May 20 -- A delegation from the Asia/Pacific Group on Money Laundering (APG), the regional body of the Financial Action Task Force (FATF), has met Nepali officials in Kathmandu and reminded... Read More
Kathmandu, May 19 -- The government has started returning money to victims of cooperative fraud. On Monday, the Problematic Cooperative Management Committee refunded Rs1,399,216 to 378 small depositor... Read More
Kathmandu, May 15 -- The banking sector has been left alarmed following the arrest of Jyoti Prakash Pandey, chief executive officer of Nepal Investment Mega Bank (NIMB), with bankers arguing that exec... Read More
Kathmandu, May 12 -- Pledging economic reforms focused on corruption control, good governance and digitalisation, the federal government on Monday unveiled an ambitious roadmap to achieve an average a... Read More
Kathmandu, May 10 -- The government, currently preparing its policy and programmes for fiscal year 2026-27, which is viewed as the base year for Nepal's long-term ambition to build a $100 billion econ... Read More
Kathmandu, May 7 -- Prolonged delays in approving initial public offerings (IPOs) have disrupted capital mobilisation plans and affected project execution and business expansion, stakeholders said. T... Read More
Kathmandu, May 6 -- Victims of cooperative fraud will begin receiving repayments from mid-May, according to officials. The payments will be made from a revolving fund collected by the Problematic Coop... Read More
Kathmandu, April 29 -- The government has said Nepal's economy is caught in an unproductive cycle due to policy corruption, gains from licensing and contracting through informal channels and influence... Read More