National News - Page 23
PM Balen Shah to Hold Talks with Export Industry Leaders
Prime Minister Balen Shah is set to meet representatives of Nepal's key export industries to discuss challenges, policy reforms, and measures to strengthen the country's export sector.
Oil Prices Hit $100 as Middle East Tensions Raise Global Inflation Fears
Escalating conflict in the Middle East has pushed Brent crude to $100 per barrel for the first time since May, fueling concerns over higher inflation, energy costs, and economic uncertainty.
Nepal’s First Road Tunnel to Be Inaugurated on August 27
The Nagdhunga–Sisnekhola Tunnel will be officially inaugurated on August 27, with public vehicle access expected to begin by the end of the month after trial operations.
Trump Imposes New Tariffs on 60 Trade Partners Over Forced Labor Concerns
The U.S. has introduced new import tariffs of up to 12.5% on goods from 60 major trading partners, citing insufficient efforts to combat forced labor in supply chains.
Flood Damages 10 MW Sipring Khola Hydropower Project, Power Generation Suspended
Floods and landslides triggered by continuous rainfall have damaged the 10 MW Sipring Khola Hydropower Project, forcing a temporary suspension of electricity generation.
Arghakhanchi to Recruit ‘Monkey Watchers’ to Protect Crops from Wildlife Damage
To reduce crop losses caused by monkeys, the Division Forest Office in Arghakhanchi has announced the recruitment of 20 "Monkey Watchers" for deployment in 26 highly affected areas across the district.
Nepal's Trade Deficit Widens 16.63% as Imports Continue to Outpace Exports
Nepal's foreign trade reached Rs 2.096 trillion in FY 2082/83, but a sharp rise in imports pushed the country's trade deficit up by 16.63% to Rs 1.781 trillion, according to the Department of Customs.
PM Balen Denies Rift with Finance Minister Amid Private Sector Meetings
The Prime Minister's Office and the Ministry of Finance have dismissed speculation of a rift between Prime Minister Balen Shah and Finance Minister Dr. Swarnim Wagle, saying all economic decisions and meetings with the private sector are being conducted in close coordination.
'Regular Cargo Rail Depends on Lower Costs,' Says Industrialist Suyash Pakurel
Industrialist and former Morang Industrial Organization President Suyash Pakurel says the commercial launch of Biratnagar's cargo rail service is a historic milestone, but warns that lower handling charges and competitive pricing are essential for its long-term sustainability.
Over 3,000 Apply for Just 13 Ambassador Posts in Nepal
More than 3,000 applicants have applied for 13 ambassador positions as Nepal launches its first-ever open and competitive ambassador selection process, with the government set to begin preliminary screening next week.
PM Balen to Meet Handicraft Exporters, Sector Reforms on Agenda
Prime Minister Balen Shah is scheduled to meet representatives of the Federation of Handicraft Associations of Nepal to discuss policy reforms, export promotion, branding, and challenges facing Nepal's traditional handicraft industry.
Floods and Landslides Disrupt Major Highways Across Nepal
Continuous rainfall has triggered floods and landslides that have blocked or restricted traffic on several major highways in Koshi, Bagmati, Gandaki, and Sudurpashchim provinces.