National News - Page 22
PM Balen Shah Pledges Support to Boost Global Market for Nepali Products
Prime Minister Balen Shah has assured domestic manufacturers that the government will take effective measures to expand international markets for Nepali products and resolve legal and technical barriers affecting exports.
Nepal Supreme Court Bars Insurers from Issuing Premium-Priced IPOs
The Supreme Court of Nepal has ruled that insurance companies cannot issue initial public offerings (IPOs) at a premium, declaring such practice contrary to the Insurance Act while directing regulators to strictly enforce the law in future offerings.
Nepal Inaugurates Its First Modern Road Tunnel at Nagdhunga–Sisnekhola
Nepal has officially inaugurated the Nagdhunga–Sisnekhola Tunnel, the country's first modern road tunnel. The tunnel will initially be opened only to emergency and essential service vehicles during a three-month trial period.
Shinta Mani Mustang Crowned World's No. 1 Luxury Hotel by Robb Report
Nepal's Shinta Mani Mustang has secured the top spot in Robb Report's 50 Greatest Luxury Hotels on Earth 2026, marking a historic achievement for both the hotel and Nepal's luxury tourism industry.
Over 1.2 Million Foreign Tourists Visit Nepal in FY 2025/26
Nepal welcomed more than 1.2 million foreign tourists in fiscal year 2082/83, with India remaining the largest source market, followed by the United States and China. The Nepal Tourism Board credited stronger air connectivity, targeted international promotions, and public-private collaboration for the sector's continued recovery.
NEA Launches Eastern Nepal Power Inspection After Outage Complaints
The Nepal Electricity Authority (NEA) has launched a high-level inspection of electricity infrastructure in Morang and Sunsari following public complaints over frequent power outages and voltage fluctuations. The inspection aims to improve the reliability and quality of electricity supply across eastern Nepal.
Government Plans Gen Z Museum at Burnt International Convention Centre
The government is preparing to preserve the fire-damaged International Convention Centre in New Baneshwor as a museum after a technical study concluded that the structure cannot be restored for regular use. Officials are considering transforming the site into a "Gen Z Museum" to commemorate last year's protest movement.
SEBON Under Fire as IPO Applications Go Undocumented
Nepal's capital market is facing fresh uncertainty after the Securities Board of Nepal (SEBON) reportedly stopped registering new IPO applications, even as dozens of companies wait to enter the approval pipeline. The move has raised concerns over transparency, regulatory accountability, and its impact on capital formation.
Nepal's Social Security Fund: Strong Vision, Weak Execution
Nepal's Social Security Fund (SSF) has emerged as a key pillar of the country's welfare ambitions, but policy inconsistencies, restrictions on contributors, and recurring service disruptions are raising concerns about whether the system is meeting the needs of the workers it was designed to protect.
Once a Nepali, Always a Nepali': Finance Minister Calls on Diaspora to Invest
Finance Minister Dr. Swarnim Wagle has reaffirmed the government's commitment to the principle of "Once a Nepali, Always a Nepali," urging the Nepali diaspora to actively contribute to the country's development and investment opportunities.
Trump Says Iran 'More Serious' as Nuclear Talks Continue
US President Donald Trump says ongoing negotiations with Iran are showing signs of progress, while emphasizing that Washington remains fully prepared for military action if diplomacy fails.
Five Ride-Sharing Firms Apply for Registration in Gandaki
Five ride-sharing companies have applied for registration in Gandaki Province after the provincial government introduced Nepal's first legal framework for regulating ride-sharing and self-drive services.