Kathmandu: Street vendors within the Kathmandu Metropolitan City (KMC) have staged demonstrations, jointly organized by the National Self-Employed Traders Association, Nepal Street Trade Union, and street vendors themselves, to express their grievances against the KMC’s actions. Vendors accused the KMC of disrupting negotiations and engaging in unilateral actions. Allegedly, the metropolis confiscated vendors’ goods at… Continue reading Street vendors in Kathmandu protest against KMC
Category: Featured News
Chinese officials call off Argentina games amid anger over Messi not playing
Kathmandu: Chinese officials have cancelled two Argentina friendlies that were due to take place in the Asian country after Lionel Messi did not play for Inter Miami in a match in Hong Kong. The world champions were set to face Nigeria in Hangzhou and Ivory Coast in Beijing in March. Fans in China were angered… Continue reading Chinese officials call off Argentina games amid anger over Messi not playing
20 passengers injured in Chitwan bus accident
Kathmandu: At least 20 people have been injured in a bus accident in Chitwan on Friday night. The bus (Ba 01-006 Kha 2004) en route to Kathmandu from Rautahat collided with a truck (Pra 203-001 Kha 7312) parked on the roadside at Gadyauli of Rapti Municipality-2 along the East-West Highway last night. Suresh Subedi, chief… Continue reading 20 passengers injured in Chitwan bus accident
NRB eases regulations for foreign investment in listed companies
Kathmandu: In a significant move, Nepal Rastra Bank (NRB) has announced regulatory changes exempting foreign investments in listed companies from the need for central bank approval. The third amendment to the NRB Foreign Investment and Foreign Loan Management Bylaws 2021 aims to streamline and encourage foreign participation in Nepal’s stock market. Under the amended regulations,… Continue reading NRB eases regulations for foreign investment in listed companies
Nepal secures ODI series victory by defeating Canada
Kathmandu: Nepal clinched the three-match ODI series against Canada with an unassailable 2-0 lead after securing a four-wicket victory in the second ODI at the TU Cricket Ground. The hosts successfully chased the target of 286 runs set by Canada, with Captain Rohit Paudel leading the charge with an impressive 87 runs. Dev Khanal contributed… Continue reading Nepal secures ODI series victory by defeating Canada
Activist Iih embarks on foot journey advocating for street vendors and urban poor
Kathmandu: Activist Iih is set to commence a foot journey from Lumbini to Singha Durbar, starting on Sunday, with the aim of urging the federal government to intervene in supporting street vendors, managing the informal sector, and addressing urban poverty. The journey, scheduled from February 11 to February 19, will be documented on Twitter (X),… Continue reading Activist Iih embarks on foot journey advocating for street vendors and urban poor
Nepal Government initiates e-visa and online payment services
Kathmandu: Department of Immigration has launched e-visa and online payment services for obtaining new visas, extending visa validity, and obtaining trekking permits. Citizens will now be required to physically visit immigration offices only for services like visa sticker placement. The introduction of these online services marks a significant step towards digitalization, allowing applicants to apply… Continue reading Nepal Government initiates e-visa and online payment services
Iconic Gopi Krishna Cinema Hall to Shut Down on February 13
Kathmandu: Gopi Krishna Cinema Hall, a landmark in Nepali film history, is set to close its doors on February 13, according to an announcement by Gopi Krishna Movies Pvt Ltd. Managing Director Niraj Paudel cited escalating losses amid the Covid-19 pandemic and issues with the current state tax system as the primary reasons for the… Continue reading Iconic Gopi Krishna Cinema Hall to Shut Down on February 13
Nearly one-third of Nepali businesses lack formal registration, survey reveals
Kathmandu: A recent Nepal Business Survey for the year 2078 BS has brought to light a significant issue, revealing that approximately 32% of business establishments in the country are currently operating without proper registration. The survey, encompassing 498,058 wholesale and retail establishments, disclosed that only 68% of these businesses are officially registered with government agencies,… Continue reading Nearly one-third of Nepali businesses lack formal registration, survey reveals
Nepal and Australia ink trade and investment agreement
Kathmandu: Nepal and Australia have officially signed a trade and investment agreement during the visit of Nepal’s Foreign Minister NP Saud to Australia. The agreement, signed by Nepal’s Ambassador to Australia Kailash Raj Pokharel and Australia’s Assistant Foreign Minister Tim Watts, was witnessed by the respective foreign ministers, NP Saud and Penny Wong. Both foreign… Continue reading Nepal and Australia ink trade and investment agreement