The country’s 92.52 percent population was connected to electricity by the end of the last fiscal year.

Traders say they’re at their wits’ end and unable to decide on any schemes as they don’t know when restrictions will end.

With this, any NRNs residing abroad can open NRN Fixed Deposit and NRN Savings Deposit accounts in convertible foreign currency with attractive rates and facilities.

Farm labour shortages have hit developed nations, leading to reduced yields, experts say.

Rise attributed to dollar appreciation, growth in outbound worker numbers.

The oil monopoly reports it is still in the red with losses falling from billions to millions.

The manufacturers based in the Sunsari-Morang industrial corridor accuse the government of raising import and excise duties to protect a handful of factories.

The organiser is expecting more than 600 participants from 25 different countries.

Consumer rights activists accuse the government of holding back on setting up consumer courts due to lobbying by manufacturers and traders.

The southern neighbour has been holding back from agreeing to buy electricity generated by the Upper Tamakoshi plant, contracted to China.

SRL Diagnostics operates 2 labs at Kathmandu and Biratnagar and over 75 touch points and 15 collection centres.

Most of the goods on the restricted list are those that sell the fastest during the shopping season, traders say.

The investment is a part of IFC’s broader strategy for small and medium enterprises aiming to reach over 30,000 SMEs by 2023.

While the credit card is targeted to shoppers, the prepaid card is aimed at facilitating international students.

The aircraft cost more money to operate than what they were bought for. Government is repaying EXIM Bank of China, as carrier has no plans to fly the planes or get rid of them.

India is largest buyer of Nepali tea and more stringent requirements for certificate of origin would be disastrous for domestic producers, insiders say.

Nepal will implement the standards after they have been approved by the World Trade Organisation, officials say.

The $2.4 billion projects include 750MW West Seti and 450MW Seti River, a joint storage project, in western Nepal.

First envisioned six decades ago, the hydroelectricity project’s revised capacity stands at 1,200MW.

The release of the figures comes as Ruth Horowitz assumes the role of IFC’s Regional Vice President for Asia and the Pacific – covering both South and East Asia as well as the Pacific.