Floods disrupt livelihoods of 21,400 workers in Nepal: ILO
The UN agency says damage to homes, workplaces, roads, bridges and energy infrastructure could spread employment and income losses far beyond flood-hit areas.
The UN agency says damage to homes, workplaces, roads, bridges and energy infrastructure could spread employment and income losses far beyond flood-hit areas.
The agreements will support a 134-kilometre, 400-kilovolt transmission line and 100–150 megawatt-hours of utility-scale battery storage, with the projects expected to mobilise more than $200 million in private investment.
The bill, unanimously endorsed by a parliamentary committee and tabled in the National Assembly on Thursday, seeks to overhaul insurance provisions in Nepal’s domestic airline industry.
The company says repeated losses and transport disruptions have made goat trading too risky; it is selling sugar Rs16 a kg below market prices and raising the purchase limit to 25 kg per customer.
A decade later, many families still lack home and land. The government is now preparing to relocate those displaced by floods, but experts warn that livelihoods and social ties must be considered.
The central bank 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.
Paddy was damaged across more than 50,000 hectares as heavy rain and strong winds hit the district just before harvest.
Apple’s authorised distributor GENXT will offer a lucky draw, zero-interest instalments and free accessories with the new iPhone models.
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.
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.
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.
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.
Any increase would directly benefit eligible Nepali workers employed in Malaysia. About 400,000 Nepalis work in the country.
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.
Better road links and the expansion of markets into rural Achham have helped farmers increase production and household incomes.
Retailers are using TikTok, Facebook and Instagram to clear old stock and draw shoppers into stores.
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.
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?
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.
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.