Category: Finance

Kathmandu: Deputy Prime Minister and Home Minister Narayan Kaji Shrestha has said that Nepal has been made a transit for gold smuggling. Responding to the gold smuggling case in the House of Representatives on Tuesday, Minister Shrestha said that efforts are being made to make Nepal a transit for gold smuggling with the involvement of… Continue reading Home Minister Narayan Kaji Shrestha says Nepal becoming transit country for gold smuggling

Kathmandu: The online service of Department of Foreign Employment (DoFE) has been disrupted. The department informed that the service has been suspended from 5 pm on Tuesday until further notice as the file server of the department’s ‘FEIMS’ system needs to be migrated. Due to this, service seekers cannot apply for labor permit online. Documents… Continue reading All online services of DoFE down

Kathmandu: The government of Nepal is going to take a concessional loan worth 100 million dollars (about 13.13 billion rupees) from the Asian Development Bank. Government Spokesperson and Minister of Communication and Information Technology Rekha Sharma informed that this decision was taken by the Council of Ministers meeting held on Tuesday. She said that the… Continue reading Nepal govt agrees to borrow more than 13 bn from ADB

Kathmandu: The government has signed 7-point agreement with the cooperative victims. The cooperative victims who have been protesting for 2 months in Maitighar are going to postponed their protest after agreeing on 7 points in the discussion held at Singh Darbar on Thursday. On Thursday, a discussion was held in the Ministry in the presence… Continue reading Govt signs agreement with cooperative victims

Kathmandu: IFC Vice President for Economics and Private Sector Development Susan M. Lund met Finance Minister Dr. Prakash Sharan Mahat on Wednesday. During the meeting, the two discussed investment opportunities and challenges. Vice President Lund was accompanied by IFC Country Manager for Nepal, Bhutan, and Bangladesh Martin Holtmann, World Bank Country Director Faris Hadad-Zervos and… Continue reading IFC Vice President Susan met Finance Minister Mahat

Kathmandu: Agriculture and Livestock Development Minister Dr. Beduram Bhusal said that the government has 284 metric tons of chemical fertilizers in stock. Minister Bhusal said in the finance committee meeting under the House of Representatives on Monday that the government has 284 metric tons of chemical fertilizers in stock and said that there is no… Continue reading Agriculture Minister claims no fertilizer shortage this year

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