The government had announced providing seed capital of Rs2.5 million to innovators at 1 percent interest to help them survive, but the pledges are limited to paper, entrepreneurs say.

Although internet use in least developed countries like Nepal is growing rapidly, disparities still exist between different groups.

Inflation hits a 64-month high to 7 percent. Prices are going through the roof, which could affect the overall standards of living and hamstring economic growth.

Nepal on Monday reported 1,446 new coronavirus cases. On January 2, the daily virus cases were just 216.

The country’s industrial sector continues to face uncertainty due to raw material and manpower shortages during the pandemic.

The Nepal Trade Integration Strategy has failed to materialise the country’s export potential.

Private operator Ncell has also been eying 5G trial but there is no response on its proposal from the regulator, insiders say.

The Deuba administration has not appointed a new industry minister since the previous incumbent left office last May.

Himalayan Sugar Mill, Annapurna Sugar Mill, Lumbini Sugar Mill and Indira Sugar Mill have not paid sugarcane farmers for their crops, officials say

The agitating farmers had called off their protest last year following an assurance from the government that the delinquent mills would pay them within 21 days.

2021 will be considered as a redefining year for the online marketplace and consumers.

A monitoring service will be launched for the verification of metered billing and charging accuracy of mobile services, officials say.

The central bank has made it mandatory for importers to keep 100 percent margin amount to open a letter of credit to import certain goods.

The combustible material is used as the primary fuel source in brick and cement manufacturing.

Access to bank credit remains limited with just 16 percent of them going to banks and financial institutions, ADB report says.