Nepal, Bangladesh move to fast-track preferential trade agreement
Eighth commerce secretary-level meeting in Dhaka agrees to conclude PTA draft, rules of origin and product list within three months, but tariff and para-tariff hurdles persist.
Eighth commerce secretary-level meeting in Dhaka agrees to conclude PTA draft, rules of origin and product list within three months, but tariff and para-tariff hurdles persist.
The country’s swelling foreign currency reserves now surpass half of its GDP.
New standards aim to ensure food safety, support exports and align traditional Nepali foods with international requirements.
Shipments under the Nepal Trade Preference Programme were limited. Now small exporters face higher costs.
Wholesale prices have dropped sharply at Kalimati, but weak market monitoring has allowed retailers to keep prices high, consumer rights activists say.
Nearly completed, the facility at Rasuwagadhi was swept away in July floods, and resumption remains uncertain.
Skyrocketing gold prices have sharply boosted the central bank’s gold valuation despite unchanged reserves,prompting the bank to consider further investment in paper gold amid global central bank buying.
Economists warn that Nepal’s economy has slowed significantly over the past few years, with little policy intervention to stimulate growth.
The state-owned operator plans fully independent 5G through open bidding.
Importers, frustrated at the slow pace of construction of Miteri Bridge and a trickle of containers through the Tatopani border, suspect an unofficial blockade by Beijing.
New draft plan targets fossil-fuel-dependent enterprises, but experts warn tax policies on clean energy remain contradictory.
Yogya Holding, a subsidiary of SG Group with an investment of around Rs600 million, started distribution from its plant in Simara, Bara a week ago.
As investments stall and uncertainty deepens, Nepalis flock to gold as a safe-haven asset.
There are speculations that geopolitical factors have stalled 5G rollout for past four years.
A new framework aims to control middlemen, ensure fair pricing, and protect producers and consumers as multi-layered supply chains inflate costs across Nepal.