ECONOMY
Foreign investment commitment of Rs 20 billion expected to generate over 9,000 jobs
Foreign investment commitment of Rs 20 billion expected to g...
Between mid-July and mid-December, foreign investors pledged to bring in investments worth Rs 20.78 billion. The Department of Industry (DoI) reported commitments of Rs 2.11 billion in mid-December alone.
Dec 18, 2024
POLITICS
New draft of police bill includes provision to withhold pension for retired officers convi...
New draft of police bill includes provision to withhold pens...
A draft of the new police bill has been prepared, incorporating a provision to stop pension payments for retired police personnel if they are convicted of certain offenses.
Dec 18, 2024
SOCIETY
Nearly 1,500 Nepalis died in foreign employment last year
Nearly 1,500 Nepalis died in foreign employment last year
The number of victims in the review year was comparatively more than those killed in the previous FY. According to GEFONT, a total of 1,208 deaths, including 1,163 men and 45 women, were reported in the previous year (FY 2022/23).
Dec 18, 2024
DIASPORA
‘Leverage diaspora expertise, investment and ‘soft power’ for Nepal’s economic growth’
‘Leverage diaspora expertise, investment and ‘soft power’ fo...
Government officials, civil society members and representatives of the Nepali diaspora have highlighted the need to introduce appropriate policies to facilitate investment and use of expertise gained by Nepali diaspora.
Dec 18, 2024
DIASPORA, SOCIETY
Nepali diaspora in the US surges to over 200,000: Report
Nepali diaspora in the US surges to over 200,000: Report
A new report on Nepali diaspora in the United States of America has revealed that the estimated population of the Nepali diaspora in the US has reached at least 185,000 to 215,000 individuals at present. The report was based on the 2023 estimates of the 2020 US Census.
Dec 18, 2024
SOCIETY
Two arrested for defrauding millions by promising jobs in America and Malta
Two arrested for defrauding millions by promising jobs in Am...
The first suspect, Purna Bahadur Giri, 49, originally from Pakhribas Municipality-8, Dhankuta, and currently residing in Gokarneshwar, Kathmandu, allegedly collected Rs 2.4 million from three individuals, claiming that he would send them to America. Police arrested him from Teku, Kathmandu, on Tuesd...
Dec 17, 2024
WORLD
Sri Lankan parliament elects new speaker
Sri Lankan parliament elects new speaker
The Sri Lankan parliament on Tuesday unanimously appointed ruling National People's Power (NPP) Member of Parliament Jagath Wickramaratne as its new speaker.
Dec 17, 2024
SOCIETY
Environment ministry urges public to avoid burning plastic waste
Environment ministry urges public to avoid burning plastic w...
The notice comes in response to rising air pollution levels in the Terai region and Kathmandu Valley over the past few weeks.
Dec 17, 2024
ECONOMY
River flow declines, power cuts to hit industrial areas during peak hours
River flow declines, power cuts to hit industrial areas duri...
NEA Spokesperson Chandan Kumar Ghosh said that the situation has been critical since November 19.
Dec 17, 2024
SOCIETY
Bhaktapur five-day festival sees arrival of around 100,000 domestic tourists daily
Bhaktapur five-day festival sees arrival of around 100,000...
The festival was successful in promoting Bhaktapur as a tourist destination and increasing economic activities of the city through the tourism industry by informing local and foreign guests about the art, culture, heritage and original products and lifestyle of Bhaktapur.
Dec 17, 2024