An IMF team assesses Nepal’s economy for Extended Credit Facility (ECF) extension
In the second-half of February 2023, a team of International Monetary Fund (IMF) led by Jarkko Turunen, Deputy Division Chief and Deputy Mission Chief for …
The internet is enchanted with ChatGPT (Chat Generative Pre-trained Transformer) at the moment an AI chatbot developed by the OpenAI foundation and launched as a …
A cup of conversation—Nabin Devkota and his unexpected Lumle coffee shop
Some 45 minutes drive away from the hustle-bustle of Pokhara, adjacent right to a single lane roadside along the Pokhara-Baglung Highway, a distinct and neatly …
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 …
Bajura — a district left behind
Optics in urban regions of Nepal align with Nepals gradual progress in several socio-economic indicators. The state of infrastructures from roads to schools have relatively …
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 …
Foreign employment exodus continues
Official statistics show that 418,191 Nepalese peoplehad left the country for foreign employment by the first six-month of the current fiscal year. According to the …
Nepal’s poor corruption record isn’t improving, says perception indices
In a national representative 'Survey of the Nepali People in 2022' by Kathmandu University, Interdisciplinary Analysts, and The Asia Foundation, around 40% of the total …
Social Security Fund Explained! - Part I
Imagine that around 83% of Nepalis dont have any old-age protection and cant afford increasing costs of health bills. When incidences of unemployment occur (remember …
Why Nepal's exports to SASEC have stagnated over the years
India has always been the darling trade partner of Nepal. It exports overwhelmingly to India. Exclude India and Nepal's exports to other countries, especially SASEC …
Turning tables: NEA exports NRs 8.32 billion electricity to India
Nepal has exported electricity amounting to Rs 8.32 billion to India in the five months of the present fiscal year 2022/23. 58.6 million electricity units …