Kathmandu: The European Union has added Nepal to its list of high-risk third-country jurisdictions for money laundering and terrorist financing, following the Financial Action Task Force’s (FATF) similar designation earlier this year. In a statement issued Tuesday, the European Commission announced the inclusion of Nepal and nine other countries—Algeria, Angola, Ivory Coast, Kenya, Laos, Lebanon,… Continue reading EU lists Nepal as high-risk country for money laundering and terror financing
UN Report: 138 mn children still in labor, goal to end child labor by 2025 missed
Kathmandu: Nearly 138 million children worldwide were engaged in child labor in 2024, according to a joint report by UNICEF and the International Labour Organization (ILO) released Wednesday, warning that progress remains too slow to meet global eradication targets. The report reveals that 137.6 million children aged 5–17, or 7.8 percent of that age group,… Continue reading UN Report: 138 mn children still in labor, goal to end child labor by 2025 missed
IMF approves $42.7 million for Nepal under sixth ECF review
Kathmandu: The International Monetary Fund (IMF) has approved $42.7 million (approximately Rs 5.84 billion) for Nepal under the sixth installment of the Extended Credit Facility (ECF), citing satisfactory progress in the implementation of the program. An IMF mission led by Sarwat Jahan visited Kathmandu from May 26 to June 10, holding discussions with Nepali officials.… Continue reading IMF approves $42.7 million for Nepal under sixth ECF review
UAE enforces midday work ban to protect outdoor workers from summer heat
Kathmandu: The United Arab Emirates will implement its annual midday work ban from June 15 to September 15, prohibiting outdoor labor between 12:30 PM and 3:00 PM to protect workers from extreme summer heat. Now in its 21st year, the measure applies to all work conducted under direct sunlight and in open areas, particularly affecting… Continue reading UAE enforces midday work ban to protect outdoor workers from summer heat
Air India plane with 242 passengers crashes near Ahmedabad Airport
Kathmandu: An Air India aircraft carrying 242 passengers crashed near Sardar Vallabhbhai Patel International Airport on Wednesday, according to Indian media reports. The aircraft was reportedly on its final approach when it encountered technical difficulties and went down near the airport vicinity. The flight was believed to be arriving from an international destination. Full details… Continue reading Air India plane with 242 passengers crashes near Ahmedabad Airport
Nepal Shines with a Vibrant Tourism Showcase at ITE Hong Kong 2025
Kathmandu: Nepal Tourism Board is captivating participants at the International Travel Expo (ITE) Hong Kong 2025 by showcasing Nepal’s rich cultural heritage, majestic Himalayan landscapes, and thrilling adventure activities. Being held from June 12–15, 2025, at the Hong Kong Convention and Exhibition Centre, Nepal’s pavilion is strategically located at Booth K101, Hall 1B, aiming to strengthen marketing and… Continue reading Nepal Shines with a Vibrant Tourism Showcase at ITE Hong Kong 2025
Police Open Fire to Control Drug Dealers in Tokha, Kathmandu
Kathmandu: Police had to open fire to control drug dealers in Tokha, Kathmandu, after the drug enforcement team came under attack. Following intelligence reports of long-standing brown heroin dealing in the Kathmandu Valley, two individuals were apprehended on the road in Sundhara, Kathmandu Metropolitan City-11, at 2 PM today during a search operation. Interrogation of… Continue reading Police Open Fire to Control Drug Dealers in Tokha, Kathmandu
UNDP Human Development Report 2025 released, Nepal ranks 145
Kathmandu: The United Nations Development Programme (UNDP) released its ‘Human Development Report, 2025’ at a function held in the capital on Tuesday. The report focuses on the impact that artificial intelligence (AI) can have on the multidimensional aspects of human development along with the potential that it carries. The report also highlights the potential for… Continue reading UNDP Human Development Report 2025 released, Nepal ranks 145
FNCCI held discussion on multilateral trading system with IOE and WTO
Kathmandu: Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has engaged in discussions with international organisations regarding investment expansion and market access for small countries like Nepal in the evolving economic landscape. During separate meetings held on the occasion of the 113th International Labour Conference in Geneva, Switzerland,… Continue reading FNCCI held discussion on multilateral trading system with IOE and WTO
Labour agreement reached between Nepal and Saudi
Kathmandu: A labour agreement has reached between Nepal and Saudi Arabia.During the sideline bilateral meeting and discussion on Tuesday, the landmark agreement took place between Minister for Labour, Employment and Social Security, Sharat Singh Bhandari, and Saudi Arabia’s Deputy Minister of Foreign Affairs, Tariq Al Hamad for sending Nepali workforce to Saudi Arabia, informed Minister… Continue reading Labour agreement reached between Nepal and Saudi