Money
New currency notes available without a designated exchange date
By Yagya Banjade Nepal Rastra Bank has dropped its previous practice of announcing a fixed period for exchanging new banknotes for Dashain, with notes now available through its offices and commercial banks.
Three days of rain leave Bardiya farmers fearing for their livelihoods
By Kamal Panthi Paddy was damaged across more than 50,000 hectares as heavy rain and strong winds hit the district just before harvest.
iPhone 18 Pro series to launch in Nepal on October 1
By Post Report Apple’s authorised distributor GENXT will offer a lucky draw, zero-interest instalments and free accessories with the new iPhone models.
Microfinance borrowers land on blacklist as sources dry up
By Sudil Pokharel More than 21,500 small borrowers were blacklisted in the last fiscal year, raising concerns that a system created to bring finance to poor households is leaving some of its most vulnerable users out of formal credit.
In Nepal’s premium rental market, the dollar is everywhere but on paper
By Aarya Chand Apartments and homes are increasingly listed in US dollars, edging out Nepali renters and operating in a legal gray zone that no regulator has ever tested.
Government revives failed plan to separate household and commercial LPG
By Prakriti Dahal New committee will study separate cylinder sizes and prices for household and commercial users after the latest LPG shortage. Similar efforts in 2011 and 2013 were never implemented.
All three major Nepal-China crossings hit by monsoon disruptions ahead of Dashain
By Yagya Banjade, Deepak Pariyar & Anish Tiwari Floods and landslides have halted trade through Rasuwagadhi-Kerung, Tatopani, and Korala border points. Hundreds of containers remain stranded and supplies disrupted ahead of the festive season.
Malaysia weighs raising minimum wage to RM2,000
By Hom Karki Any increase would directly benefit eligible Nepali workers employed in Malaysia. About 400,000 Nepalis work in the country.
Nepal’s broken supply chain: Farmers earn less, consumers pay more
By Krishana Prasain Agricultural goods in Nepal pass through up to seven layers of middlemen and this drives consumer prices up to seven times higher than the farmgate price, government report says.
Achham farmers no longer chase markets as traders reach remote villages
By Menuka Dhungana Better road links and the expansion of markets into rural Achham have helped farmers increase production and household incomes.
Dashain sales move from shopfronts to social media
By Prakriti Dahal Retailers are using TikTok, Facebook and Instagram to clear old stock and draw shoppers into stores.
Landslides knock 358MW offline in Kaligandaki corridor
By Seema Tamang Damage to pylons along the Dana-Kushma section of the 220kV line has cut off 12 hydropower projects. Precautionary shutdown of projects has pushed the total generation loss to over 790MW.
Nepal’s tourism industry keeps absorbing one crisis after another — and keeps coming back
By Sangam Prasain Despite the pandemic, political unrest and natural disasters, Nepal’s tourism industry has endured, with visitors returning after each shock. But is that resilience masking the need to build a safer, more diversified tourism industry?
Vegetable prices skyrocket in Valley as landslides disrupt transport
By Krishana Prasain Arrivals have fallen by nearly two-thirds since Thursday as highways to major vegetable-producing districts are damaged in places, leading to a steep price rises.
NEPSE slips as investors rotate into banks and manufacturing
By Pritam Bhattarai The benchmark index fell 0.66 percent to close at 2,629.81 in a shortened trading week, while average daily turnover edged up to Rs6.12 billion as investors shifted away from hydropower and finance stocks.
Pokhara-Dubai flights take off. Can the $216 million airport shake off its debt-burden tag?
By Deepak Pariyar Local passengers expressed delight after Flydubai’s 166-seat Boeing 737 MAX began regular passenger flights between Pokhara and Dubai following a long wait.
Flood-hit women entrepreneurs determined to rebuild their businesses
By Sajana Baral & Aarya Chand With family members dead or missing, many women see the need to rise up and find work to support their children and remaining ones.
Dhunibesi taxes scrap despite constitutional ban
By Bimal Khatiwada & Bikash Acharya The municipality in Dhading collects Rs3.39 per kg from scrap trucks leaving the Valley, although the constitution bars local governments from taxing goods moving from one jurisdiction to another.
Biratnagar’s industrial engine slows. Can it regain its old shine?
By Parbat Portel Once home to more than 600 factories and 100,000 direct jobs, Biratnagar’s industrial sector is struggling with weak demand, rising costs, cross-border competition and a lack of new investment. Regular cargo rail offers a glimmer of hope.
NEPSE this week
By Post Report Here is a snapshot of what happened at the stock market this week.