- Monday, 29 September 2025
Laxman Kafle
Dashain vibes, business marred by Gen-Z movement fallout
As Dashain, one of Nepal's most significant and widely celebrated festivals, approaches, markets across the country—especially in the Kathmandu Valley—are witnessing a surge in consumer activity.
Livestock Department begins inspecting health of goats ahead of Dashain festival
The Department of Livestock Services (DLS) has intensified health inspections of goats in the Kathmandu Valley to ensure safe meat consumption during the Dashain festival.
Govt launches reconstruction campaign
In response to the widespread damage of public infrastructure during the Gen-Z protests on September 8–9, the government has launched an ambitious national reconstruction campaign aimed at rapid recovery and long-term economic revival.
Govt takes vital decisions to ease Dashain travel
Minister for Energy, Physical Infrastructure and Transport, and Urban Development, Kul Man Ghising, has instructed concerned authorities to ensure round-the-clock monitoring of road conditions and rapid response mechanisms during the festive travel period.
Long-unattended projects will be terminated: Minister Ghising
The contracts for unattended development projects under the Ministry of Energy, Water Resources and Irrigation, the Ministry of Physical Infrastructure and Transport, and the Ministry of Urban Development, which have been left idle for a long time, are to be terminated.
A Decade On, Economic Dreams Remain Unfulfilled
Nepal implemented a new constitution on September 20, 2015. With the promulgation of the new constitution, many had expected the country to embark on the path of economic prosperity. This national charter has a clear objective of buil
NEPSE dips by over 160 points as market sees third circuit break
Nepal’s share market experienced a dramatic fall on Thursday. The benchmark of the stock market, NEPSE, recorded a three-digit fall of 160.33 points on Thursday. The share transaction has been clo
Transportation services restart on short, long routes
Public transportation to and from the Kathmandu Valley has resumed smoothly after several days of disruption caused by the recent Gen-Z protests. The movement of vehicle
Entrepreneurs seek security for smooth business operations
The Business community has demanded necessary security for uninterrupted business operation and the supply chain of essential goods. In separate press statem
Supply chain disruptions lead to vegetable shortages, price hikes
Vegetable supply across the Kathmandu Valley has been severely disrupted in the aftermath of the recent Gen-Z protests, causing a sharp rise in prices and widespread shortages in local markets.
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Nepal’s FDI stock reaches Rs. 333B
Nepal’s foreign direct investment (FDI) stock rose by 12.7 per cent in the fiscal year 2023/24, reaching Rs. 333 billion, according to a recent survey conducted by Nepal Rastra Bank (NRB).
Salubrious Mohi becomes ‘a must’ item on most occasions
In a welcome shift towards healthier living, a growing number of people are choosing buttermilk over soft cold drinks, thanks to widespread awareness campaigns launched by dairy entrepreneurs, associations, and health advocates.
Gold price reaches all-time high
The price of gold reached a record high of Rs. 200,600 per tola in the domestic bullion market. According to the Federa
IBN, Korea’s G-Philos sign MoU for green hydrogen, fuel cell plant in Nepal
Kathmandu, Aug. 29: The Investment Board Nepal (IBN) and G-Philos Company Limited, Republic of Korea, have signed a Memorandum of Understanding (MoU) for the preparation of a detailed feasibility study report on establishing a Green Hydrogen Plant and Fuel Cell Plant in Nepal.Sushil Gyewali, Chief Executive Officer of IBN, and Ga-Woo Park, Chief Executive Officer of G-Philos Company Limited, singed the MoU amidst a function on Thursday.Park Tae-Young, Ambassador of the Republic of Korea, along with government officials, and representatives from development partners, private sector, and think tanks attended the signing ceremony.According to the MoU, G-Philos Company Limited will prepare a detailed feasibility study report after obtaining a survey permit from the Investment Board and submit it to the Office of the IBN within about 10 months.This collaboration is expected to pave the way for investment approval for establishing, developing, and operating a Green Hydrogen and Fuel Cell Plant in Nepal, with an estimated cost of Rs. 6.8 billion to be developed under the Public-Private Partnership (PPP) model, according to the IBN.At the signing ceremony, Park Tae-Young, South Korean envoy to Nepal, said that Nepal has immense potential for this type of renewable clean energy.He expressed his belief that such projects will prove to be a milestone in the achievement of the sustainable development goals that Nepal has set for itself and will add a new dimension to the bilateral relations between Nepal and South Korea. CEO Gyewali said that the academic sector would also play a crucial role in such projects and that the projects would play an important role in the exchange of capital and technology in a country like Nepal.He expressed his hope that the proposing company would submit a quality report within the specified time and expressed his commitment to establish a green hydrogen plant in Nepal as soon as possible after the study.On the occasion, Chairman of the Electricity Regulatory Commission Dr. Ram Prasad Dhital, Director General of the Department of Electricity Development Jeebachh Mandal, Joint Secretary of the Ministry of Energy, Water Resources and Irrigation Chiranjivi Chataut, Managing Director of the Nepal Electricity Authority Hitendra Dev Shakya and Dr. Biraj Singh Thapa, a researcher at Kathmandu University who is active in the study and research of green hydrogen, shared their views on the current policy and legal arrangements regarding green hydrogen in Nepal, its multifaceted benefits, and the use of this type of energy in the coming days.G-Philos Company Limited had submitted a proposal to the Office of the Investment Board Nepal on April 28, 2025 for the establishment, development and operation of a green hydrogen and fuel cell plant in Nepal in a public-private partnership model. The 63rd board meeting of the Investment Board Nepal decided to grant the survey permission by reaching an agreement with the proposing company.The journey toward green hydrogen development in Nepal began with the initiative of the Prime Minister KP Sharma Oli during his previous tenure, when the Asian Development Bank conducted a study in 2020 on the potential of producing hydrogen using Nepal’s abundant hydropower resources.In the same year, Kathmandu University established a Green Hydrogen Laboratory to advance research and explore the prospects and requirements of green hydrogen in the national context.Recognising the importance of clean energy, Nepal has prioritised the production and use of renewable energy, including green hydrogen, in line with its recent international commitment to achieve net-zero carbon emissions. The government of Nepal has endorsed the Green Hydrogen Policy, 2023, providing a framework to promote and facilitate investment in this emerging sector.
Paddy plantation completes in 95% fields
Paddy plantation of this year has completed, as plantation has been done almost in 95 per cent of the total paddy fields as of Sunday. According to the Depa
