Kathmandu: Japan is set to recruit 20,000 Nepali workers as caregivers under the newly signed Nepal-Japan Service Exchange Program. The agreement, announced at a press conference on Monday, involves Nepali and Japanese companies collaborating to facilitate the recruitment process. Representatives from Japan’s Genkou Research Institute, Kozai Koson Corporation, and Progressive Staff Agency, along with Nepal’s… Continue reading Japan to recruit 20,000 Nepali caregivers in health sector
Nepal’s IT services export surpass Rs 28.5 billion in six nonths
Kathmandu: Nepal’s export of Information Technology (IT) goods and services has seen a steady rise, reaching over Rs 28.5 billion in the first six months of the Fiscal Year 2024/25, according to Nepal Rastra Bank (NRB). In the five months from mid-July to mid-December, IT exports totaled Rs 22.89 billion. The data indicates a significant… Continue reading Nepal’s IT services export surpass Rs 28.5 billion in six nonths
Everest region stakeholders oppose commercial helicopter flights
Kathmandu: The Khumbu Pasang Lhamu Rural Municipality has formally opposed the operation of commercial helicopter flights in the Everest region, citing local stakeholders’ concerns. In a letter to the District Administration Office (DAO) in Solukhumbu on Sunday, the municipality stated that stakeholders have only agreed to limited helicopter operations under strict regulations. The decision follows… Continue reading Everest region stakeholders oppose commercial helicopter flights
Astronomers detect enormous radio jet from early universe Quasar
Kathmandu: Telescopes worldwide have detected a massive radio jet from a quasar that dates back to the first 1 billion years of the universe, making it the largest of its kind ever observed from this early cosmic era, according to a study published in Astrophysical Journal Letters. At more than 200,000 light-years across—twice the width… Continue reading Astronomers detect enormous radio jet from early universe Quasar
Trump to announce 25% tariffs on steel and aluminum imports
Kathmandu: According to the Associated Press (AP), former U.S. President Donald Trump announced plans to impose a 25% tariff on all steel and aluminum imports, including those from Canada and Mexico. Speaking to reporters aboard Air Force One, Trump confirmed that additional trade duties would be announced later in the week. He also reaffirmed his… Continue reading Trump to announce 25% tariffs on steel and aluminum imports
Nepal receives Rs 763.08 billion in remittance in 6 months
Kathmandu: Nepal received Rs 763.08 billion in remittances in the first six months of the current fiscal year, marking a 4.1% increase compared to the same period last year, according to the Ministry of Finance’s mid-term review report released Thursday. However, remittance growth slowed significantly compared to last year’s 22.2% rise during the same period.… Continue reading Nepal receives Rs 763.08 billion in remittance in 6 months
US Dollar hits record high of Rs 140.43 against Nepali Rupee
Kathmandu: The US dollar surged to an all-time high against the Nepali rupee, reaching Rs 140.43 on Friday, according to Nepal Rastra Bank (NRB). Some money exchangers offered rates exceeding Rs 141. This new peak surpasses the previous record of Rs 139.80 set on Tuesday. By Thursday, the exchange rate had already climbed to Rs… Continue reading US Dollar hits record high of Rs 140.43 against Nepali Rupee
Finance Ministry delays stall 10th National Sports Competition: Sports Ministry
Kathmandu: Minister for Youth and Sports Teju Lal Chaudhary has blamed the Finance Ministry for delaying the approval of guidelines and financial procedures, halting preparations for the 10th National Sports Competition. Speaking at a parliamentary committee meeting on Friday, Chaudhary said repeated requests to the Finance Minister went unanswered due to administrative bottlenecks. “Officials keep… Continue reading Finance Ministry delays stall 10th National Sports Competition: Sports Ministry
Trump administration to withdraw USAID workers, shutting down global aid programs
Kathmandu: The Trump administration has ordered the withdrawal of nearly all U.S. Agency for International Development (USAID) workers from the field, effectively dismantling a six-decade mission that combats global poverty, disease, and food insecurity. The move, announced Tuesday, follows weeks of mass layoffs and funding freezes. Thousands of projects in over 120 countries—including security aid… Continue reading Trump administration to withdraw USAID workers, shutting down global aid programs
Trump proposes U.S. redevelopment of Gaza, Allies reject idea
Kathmandu: Former U.S. President Donald Trump has suggested permanently resettling displaced Palestinians outside Gaza and proposed U.S. “ownership” in transforming the war-torn territory into the “Riviera of the Middle East.” Speaking alongside Israeli Prime Minister Benjamin Netanyahu, Trump claimed the U.S. would take over Gaza’s reconstruction after resettling its population elsewhere. The proposal drew swift… Continue reading Trump proposes U.S. redevelopment of Gaza, Allies reject idea