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Editorial

In Favor of Breakthrough Agreement on BRI

The coalition partners – Nepali Congress and the CPN-UML – have also harmonized their position with regard to BRI, agreeing in principle that Nepal is committed to BRI, but is not in a position to implement it under a loan agreement.
Dec 02, 2024
Editorial

Promising Signs of Carpet Export Revival

There are compelling reasons to promote carpet exports. While soybean oil is Nepal's top export, its value addition is relatively low, as the raw materials are imported before being re-exported. In contrast, carpets represent the leading export item with the highest value addition—80 percent o...
Dec 01, 2024
Editorial

A Prudent Step towards Efficiency

Nepal will not be an exception if such changes are incorporated into the constitution. It is common for the Vice President to have an office in the Parliament when presiding over the upper house and a separate office outside the Parliament for their duties as Vice President.
Nov 30, 2024
Editorial

Going Beyond Gold

The government's recent policy adjustment – the reduction in customs duty on gold imports from 20 percent to 10 percent – was aimed at curbing gold smuggling, which had surged due to the price disparity between Nepal and India which share an open border.
Nov 29, 2024
Editorial

Enforce New Vehicle Standards Without Delay

The ministries have failed time and again to forge consensus to amend the law as proposed by the Ministry of Forest and Environment (MoFE) to curb greenhouse gas emissions from motor vehicles.
Nov 28, 2024
Editorial

Stock Market Challenges of New SEBON Chief

A vibrant stock market instills confidence among potential investors, encouraging both domestic and foreign investment. As Nepal is looking for investments both from home and abroad, the first priority of the new SEBON chief should be to ensure healthy growth of the stock market, addressing the exis...
Nov 27, 2024
Editorial

Missed opportunity for impactful climate finance action

It is also unclear how the most vulnerable developing countries will benefit from these funds. The pledge is symbolic rather than transformative, as it fails to provide the ambitious and actionable financial roadmap needed to confront the climate crisis.
Nov 26, 2024
Editorial

Tackling Noncompliance

The inspection also revealed reused cooking oil, missing production and expiry dates on sweets, and poor hygiene in preparation areas, shops, and utensils.
Nov 25, 2024
Editorial

Leverage Fitch Ratings to Attract FDI to Nepal

This long-awaited sovereign rating has given Nepal an inaugural rating of BB-, a historic milestone in its journey toward economic prosperity.
Nov 24, 2024
Editorial

Forge Consensus on BRI

It is high time political leaders in Nepal forged a clear consensus on the BRI so that Nepal will have the same position no matter which party is in power.
Nov 23, 2024