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    To curb the outflow of foreign currency, authorities have tightened the rules

    The government has begun tightening measures to limit the outflow of foreign money in light of declining foreign exchange reserves, shrinking remittances, and rising imports. The Department of Immigration has cut the minimum amount of foreign currency that Nepali citizens...

    As the festival of Dashain approaches, the goat market is reviving

    As Dashain approaches, livestock markets in the Kathmandu Valley are experiencing a resurgence of activity following a year of curtailed celebrations that hampered business last year. According to traders, people have been on a goat-buying frenzy in preparation for the...

    16 Nepalese ‘have shell firms in tax havens,’ according to the report

    According to a research published by journalists Krishna Acharya and Ramu Sapkota for the Centre for Investigative Journalism-Nepal, 16 Nepali investors, including the country's single billionaire Binod Kumar Chaudhary, have shell businesses in tax haven countries, according to the...

    Farmers are being urged to plant basmati rice for commercial purposes

    Because of the potential for export, the government has been attempting to persuade farmers in far western Nepal to grow Hansaraj basmati rice on a commercial scale. Despite expanding demand, Nepal's fragrant rice is not produced on a wide...

    As festivals draw large crowds, experts worry that complacency could lead to an increase in the number of cases

    As the festive season is just round the corner, with Ghatasthapana, the first day of Dashain, five days away, Kathmandu and other cities are seeing an increased mobility of people. Almost everything has reopened since September 1 and people...

    In just two months, 1.5 million mobile phones worth Rs 10 billion were imported.

    As has been the case in previous years, the sale of mobile phones has soared in recent weeks as Nepalis prepare for Dashain, the country's most important celebration. In order to meet market demand, the country has imported approximately...

    Growth projections are dampened by sluggish tourism and services

    According to the Asian Development Bank, Nepal's economic growth will slow to 4.1 percent in the current fiscal year 2021-22, compared to the previous forecast of 5.1 percent. This is primarily due to high Covid-19 infection and risks, which...

    The Ministry of Health is releasing confusing vaccination data

    Despite having begun its vaccination campaign against Covid-19 earlier than many other nations, Nepal experienced a setback when it was unable to obtain the doses on a consistent basis. However, after the first doses of the vaccine began to...

    Covid-19 trash that is not properly disposed of could result in a hazardous waste catastrophe.

    In February of last year, a Nepal Airlines plane was deployed to Wuhan, China, where the coronavirus is supposed to have originated, to rescue Nepalis who had become stranded there. The plane also carried special rubbish "collection" containers. Wuhan...

    To check incoming travellers for Covid-19, a border monitoring system will be deployed

    The Division of Epidemiology and Disease Control has urged all agencies involved to increase the number of antigen testing conducted at border crossings and to conduct the tests on the greatest number of people possible. As Nepalis living abroad begin...

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