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Business Stories

83 stories · page 3 of 4

Nepal’s Goldstar Is Stepping Into Japan. Could This Be The Global Breakthrough Nepali Manufacturing Has Been Waiting For?

Goldstar Stride Limited has partnered with Goldstar Japan Company Limited to expand the Goldstar footwear brand in Japan after Japanese representatives approved production standards at the company's manufacturing facilities. The agreement is expected to boost Nepal's exports, create jobs, strengthen Nepal–Japan economic ties, and showcase Nepali manufacturing in one of the world's most quality-conscious markets.

Jul 29

Government Signals Duty Review As Industries Push For Fairer Raw Material Tax

Finance Minister Dr. Swarnim Wagle has assured industrialists that the government is ready to review taxes and customs duties on raw materials and finished goods as part of a wider economic reform push.

Jul 29

How Did Norvic Hospital Earn Rs 2 Kharba In Just Nine Months?

Norvic International Hospital generated more than Rs 2.04 billion in revenue during the first nine months of the last fiscal year, supported by rising patient numbers, healthy operating margins, and stronger cash reserves. As the hospital strengthens its finances through debt reduction and fresh equity investment, it is also completing a Rs 3.32 billion expansion that will increase its capacity from 116 to 275 beds, with commercial operations expected to begin in 2027.

Jul 28

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Ncell Admits Technical Error Caused Wrong Balance Deductions, Claims Refunds Completed

Ncell has acknowledged that a technical error caused unexpected balance deductions from some customers, including users connected to WiFi with mobile data turned off. The company says the issue has been fixed and refunds have been issued, but some users claim they are still waiting.

Jul 28

Why DDC Is Opening 30 New Stores Across Kathmandu And What It Means For Consumers

Nepal's Dairy Development Corporation (DDC) is preparing to launch 30 company-owned dairy stores across the Kathmandu Valley, making its products easier for customers to buy directly. The expansion will also introduce online ordering and home delivery, reflecting the corporation's effort to modernise its services and reach more households.

Jul 27

How A Remote Hotel In Mustang Became The World’s Top Luxury Stay And Put Nepal On The Global Map

Shinta Mani Mustang has been ranked the world's number one luxury hotel in Robb Report's 2026 Best of the Best list, marking one of the biggest international achievements for Nepal's high-end tourism sector. The recognition highlights how Mustang has evolved into a world-class luxury destination, attracting global attention for its unique blend of Himalayan landscapes, cultural heritage, personalised hospitality, and wellness experiences.

Jul 27

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Gyanendra Shahi Blames Finance Minister Swarnim Wagle for Nepal's Stock Market Crisis, Claims Investors Lost Rs 2.15 Kharba

Rastriya Prajatantra Party (RPP) lawmaker Gyanendra Shahi has accused Finance Minister Swarnim Wagle of adopting economic policies that have contributed to Nepal's prolonged stock market decline. Shahi claimed that investors have collectively lost around Rs 2.15 kharba since Falgun and urged the government to take immediate action.

Jul 26

No More Branch Visits? Global IME Bank Lets Nepalis Open Accounts Directly Through the Nagarik App

Global IME Bank has partnered with the Nagarik App to introduce Nepal's first bank account opening service that allows eligible citizens to begin opening a personal savings account using their National ID through a QR code. The new system is designed to simplify the onboarding process by securely retrieving verified information with the user's consent, reducing paperwork and making banking more accessible.

Jul 26

NEPSE Website Shows False 1,008-Point Crash Before Entering Maintenance Mode

Nepal Stock Exchange’s official website displayed an extraordinary 1,008.93-point decline before entering maintenance mode. The figure is suspected to be a technical error because NEPSE’s circuit-breaker mechanism would normally stop trading after a 6 percent fall.

Jul 24

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Nepal's Foreign Trade Reaches Record Rs 24.11 Trillion in FY 2082/83, But Rising Imports Push Trade Deficit to New High

Nepal's foreign trade reached its highest level ever during the fiscal year 2082/83 (2025/26), with total trade increasing by 15.88 percent to Rs 24.11 trillion, according to the latest annual data released by the Department of Customs. While both imports and exports recorded healthy growth, imports continued to rise at a faster pace, causing the country's trade deficit to widen further.

Jul 23

Arghakhanchi Seeks 20 ‘Monkey Watchers’ To Protect Farmers’ Crops

The Division Forest Office in Arghakhanchi has invited applications for 20 temporary “monkey watchers” to protect agricultural crops in 26 heavily affected areas. Selected applicants will earn Rs 12,500 per month for two months.

Jul 23

How Much Money Did the 2026 FIFA World Cup Generated?

FIFA expected the 2026 World Cup to generate around $11 billion, but post-tournament reporting suggests revenue may have climbed to a record $15 billion, driven by ticketing, hospitality, and resale fees.

Jul 21

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Flood-Damaged EVs Worth Rs. 8.86 Crore Remain Abandoned At Timure Customs For Over A Year As Total Import Damage Reaches Rs. 70.51 Crore

Eleven flood-damaged electric vehicles worth Rs. 8.86 crore have remained abandoned at Timure Customs in Rasuwa for nearly a year after the Lhende River flood. Customs officials say the auction process has not moved forward because the importer has not completed the required procedure.

Jul 21

Relief for Nepali Living Abroad: NRB Relaxes National ID Rule For Bank Accounts After Public Complaints

Nepal Rastra Bank has eased the National ID rule for bank accounts, giving customers until Ashoj 2083 to self-declare their NID status and stopping banks from freezing accounts only because NID details are missing.

Jul 19

Nepal and India Agree to Expand Cross-Border Electricity Trade Capacity

Nepal and India have agreed to expand cross-border electricity trade capacity, allowing Nepal to import up to 1,530 MW and export up to 1,850 MW through key transmission lines.

Jul 17

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Private Healthcare To Become 3% More Expensive From Friday As Nepal Imposes ‘Health Equity Fee’

Treatment at private health institutions across Nepal will become more expensive from Friday after the government imposes a 3 percent Health Equity Fee on all service charges collected from patients. The fee will apply to private hospitals, laboratories, nursing homes, polyclinics, medical colleges and other private healthcare providers.

Jul 16

Electricity Bills To Rise From Friday As Nepal Imposes 5% And 13% VAT On Power Consumption

Electricity bills across Nepal are set to increase from Shrawan 1 as the government starts implementing a new VAT policy. Household consumers using more than 50 units will pay 5% VAT on excess consumption, while commercial, industrial and institutional users will face a 13% VAT.

Jul 16

Nepal's Economy In Mid-2026: What The Latest NRB Macroeconomic Update Really Means

Nepal Rastra Bank's latest macroeconomic report paints a picture of an economy that is financially stable but still faces long-term structural challenges. Foreign exchange reserves have reached record levels, remittances continue to grow strongly and inflation remains relatively moderate. At the same time, imports continue to outpace exports, private sector lending remains weak and government capital spending has slowed. This feature explains the latest economic indicators—including inflation, foreign exchange reserves, trade, remittances, banking, interest rates, and government finances in simple language, helping readers understand what the numbers really mean for Nepal's economy and for everyday life.

Jul 15

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Ride-Sharing Fares Set To Rise From Shrawan 1 As Government Adds VAT And Driver TDS

Ride-sharing fares are expected to rise from Shrawan 1 as the government introduces 5% VAT on each transaction and 1% TDS from drivers, while concerns grow over timing, clarity, and fare impact.

Jul 15

Nepal’s Dog Chew Exports Grow Despite US Tariff, Industry Eyes Rs 10 Billion European Market

Nepal's dog chew exports increased by 7 percent despite a 10 percent US tariff, reaching Rs 4.29 billion in the first 11 months of the fiscal year. Industry leaders believe exports could exceed Rs 10 billion if Nepal gains access to the European Union market by meeting international animal health standards.

Jul 13

Nepal Saves Nearly Rs. 9.87 Arba In Foreign Currency After Fuel Imports Drop

Nepal saved nearly Rs. 9.87 arba in foreign currency after petrol and diesel imports dropped by more than 6.9 crore liters following the two-day public holiday policy and the return of misused government vehicles.

Jul 10

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