Category: Finance

Kathmandu: A senior IFC official is on a three-day visit to Nepal to renew IFC’s commitment to support private sector to help meet country’s development goals while discussing investment opportunities. During her visit, IFC’s Vice President for Economics and Private Sector Development, Susan M. Lund, is scheduled to meet senior government officials and private sector… Continue reading IFC Vice President arrives on a three-day visit to Nepal

Kathmandu: The Ministry of Labour, Employment and Social Security has requested not to give money to anyone for seasonal work permit. Ministry has issued a notice addressing people who are applying for seasonal visa and has requested not to give a penny to anyone. Recently, fraud cases have increased in the name of seasonal visa.… Continue reading Labour minister requests not to give any money to anyone for seasonal work permit

Kathmandu: The Government of France has just delivered 702,720 doses of Pfizer-BioNTech’s bivalent COVID-19 vaccines to Nepal through the COVAX Facility, offering a boost to the country’s ongoing COVID-19 vaccination drive. This latest donation had been divided into separate shipments received across the months of June and July, with the final installment of the donation… Continue reading Nepal receives over 700,000 COVID-19 vaccines donated by France

Kathmandu: The Employment Permit System (EPS) Korea branch has recently warned that wrong information is being circulated through various channels. After a fake notification on the letter pad of EPS Korea branch saying ‘urgent information regarding immediate entry of no worker into Korea’ went viral on social media, EPS Korea branch has clarified that this… Continue reading EPS Korea warned not to believe fake information on employment

Kathmandu: The Ministry of Finance has directed the Secretaries of the Government of Nepal to implement the budget for the new fiscal year 2080/81 within the stipulated time frame. Finance Minister Dr. Prakasharan Mahat gave this instruction to the secretaries of all the ministries of the Government of Nepal on Wednesday. He directed to give… Continue reading Finance Minister directs secretaries to implement budget on time

Kathmandu: Joint Secretary Tokraj Pandey has taken the responsibility of the head of Tribhuvan Airport Customs Office. Chief Customs Administrator Arun Pokharel, who has been on leave for the past three weeks, has been transferred to the ministry and given the responsibility to Pandey. The ministerial meeting decided to transfer Pandey to the Tribhuvan Airport… Continue reading Department of Customs changes head of TIA customs

Kathmandu: The Election Commission has takes action against 2,435 candidates who did not disclose their expenditure details for the House of Representatives and Province Assembly elections within the stipulated time. On Tuesday, Shaligram Sharma Poudel, spokesperson and joint secretary of the commission, issued a press release and informed that 2,435 candidates were fined 15,000. The… Continue reading Election commission takes action against candidates who did not submit election expenses

Kathmandu: Nepal’s international airlines are now able to operate ‘Onboard Duty Paid Shop’ during flights. The Ministry of Culture, Tourism and Civil Aviation has issued a procedure for operating on-board duty paid shops with the aim of facilitating the operation of such shops inside the aircraft during the flight. According to this procedure, the airline… Continue reading Nepali Airlines are allowed for in-flight shopping service

Kathmandu: New York based tea company, Nepal Tea Collective, is now in Nepal. Since 2016, Nepal Tea Collective has been distributing Orthodox Nepali teas all over the United States and to buyers from over 42 countries. Till date, they have sold more than 10 million cups of tea world-wide. They are now enthused to launch… Continue reading U.S. based tea company Nepal Tea Collective Launches in Nepal

Kathmandu: The Department of Foreign Employment (DoFE) objects Department of Immigration’s decision of returning migrant workers from airport despite having work permit. The department disagreed with the decision that the workers going to work abroad with a labor permit must submit additional documents to the immigration office for the departure permit, saying that the documents… Continue reading DOFE objects immigration department’s decision of returning migrant workers from airport