Economy
Business closures rise as new industry registrations decline in Jumla
Jumla recorded 180 industry closures and 188 new registrations in fiscal year 2025/26, as the district continued to see declining registrations and rising business closures.
Nepal sees 12.1 percent rise in foreign tourist arrivals in September
Nepal recorded 88,248 foreign tourist arrivals in September 2026, up 12.1 percent year-on-year, with South Asia and China contributing significantly despite declines from Europe and Oceania.
Siddhartha Bank cannot deduct employee vehicle depreciation and insurance costs, tribunal rules
The Revenue Tribunal has denied Siddhartha Bank’s employee vehicle depreciation and insurance deductions for three fiscal years while allowing certain share issuance and CSR expenses.
Nepal moves to regulate tax exemptions on batteries used in electric vehicles and clean tempos
Nepal is preparing procedures to regulate tax exemptions on batteries used in electric vehicles and clean tempos, with tighter documentation and tracking requirements for exempt batteries.
Ncell completes 21 years as Nepal’s telecom sector faces revenue and investment pressures
Ncell has completed 21 years of operations in Nepal, serving more than 14 million customers while facing declining telecom revenue, weaker capital investment and the challenge of financing 5G expansion.
Nepal and Japan organisations sign agreement to train Nepali drivers for Japan’s transport sector
Japanese and Nepali organisations signed an MoU in Kathmandu to train Nepali truck, bus and taxi drivers in Nepal for employment in Japan under the Specified Skilled Worker programme.
IPPAN seeks special status and reconstruction package for flood-hit hydropower projects
IPPAN has asked the government to grant special status to hydropower projects damaged by the August 26 flood and establish dedicated mechanisms, financing, regulatory relief and reconstruction measures.
Farmers in Bhojpur’s Khawa turn to commercial orange farming
Farmers in Khawa, Bhojpur, are expanding commercial orange farming on underused land, supported by local programmes providing technical assistance and planting materials to increase production and incomes.
Flydubai to begin Dubai-Pokhara flights from September 23
Flydubai will launch direct Dubai-Pokhara flights from September 23, making Pokhara International Airport an international passenger hub and connecting western Nepal to Dubai and onward destinations.
Korala border customs collects Rs 1.78 billion in 15 days as imports surge
Mustang Customs collected Rs 1.7844 billion in 15 days as Chinese imports surged through Korala after Rasuwagadhi–Kerung and Tatopani crossings closed, with 641 EVs cleared.
Information technology dominates Nepal’s foreign investment commitments
Nepal approved 1,116 foreign investment projects in fiscal year 2082/83, including 727 in information technology, with total investment commitments reaching Rs 5.8 billion.
DDC begins exporting ghee to Dubai with 600 kg trial shipment
Nepal’s Dairy Development Corporation has begun exporting ghee to Dubai with an initial 600-kilogram shipment, under an agreement targeting at least 50,000 kilograms annually.
Government forms task force to study reopening of Birgunj Sugar Mill after 27 years
The Nepali government formed a task force to assess reopening the Birgunj Sugar Mill, closed for nearly 27 years, with a 15-day deadline to evaluate infrastructure, machinery and revival measures.
NEA net profit falls 49.2 percent to Rs 5.04 billion
NEA’s net profit fell 49.2% to Rs 5.04 billion last fiscal year, mainly due to exchange-rate liabilities, despite higher electricity sales, exports, revenue and operating profit.
NAIMA Nepal Mobility Expo draws more than 150,000 visitors in five days
NAIMA Nepal Mobility Expo 2026 attracted over 150,000 visitors in five days at Bhrikutimandap, surpassing its six-day target, with 55-plus brands and 53 new models launched.
Nepal Telecom’s net profit jumps 47.58 percent to Rs 8.86 billion
Nepal Telecom reported unaudited fourth-quarter net profit of Rs 8.86 billion for fiscal 2025/26, up 47.58 percent year on year, while operating revenue rose 3.12 percent.
Nepal Airlines revenue rises, but debt and costs keep recovery uncertain
Nepal Airlines’ revenue rose 12.5 percent to Rs 23.4 billion in fiscal 2025-26, but preliminary figures show a Rs 1 billion deficit amid debt, interest and maintenance costs.
Simara SEZ gains momentum as seven industries enter production
Seven industries at Simara SEZ, Bara, have begun selling products domestically, while 11 more near completion bring investment to Rs 5 billion and could create over 1,000 additional jobs.
Ncell condemns publication of share transaction report, warns of legal action
Ncell objected to the government’s publication of its 2023 share transaction investigation report, arguing it violates privacy protections and a July 15, 2026 Patan High Court decision.
Rs 250 purchase wins Kanchanpur consumer Rs 1 million tax incentive prize
A Kanchanpur consumer won the Inland Revenue Department’s Rs 1 million bumper prize after a Rs 250 purchase, with 25 percent tax deduction leaving Rs 750,000.
