Nepal Moves to Revive Udayapur Cement and Gorkharkali Rubber IndustriesNepal has renewed Udayapur Cement’s limestone licence and begun preparations for full-capacity operations, while experts assess options to revive Gorkharkali Rubber Industry.Aug 17
Government Plans Industrial Security Force, Declares Industrial Areas ‘Peace Zones’The government has prepared a private investment protection strategy that proposes an Industrial Security Force, peace zones for industrial areas, continuous highway patrols, relief for damaged businesses and at least five years of stability for tax incentives.Aug 16
Gandaki Has Opened the Door to Cannabis Farming. But Is It Really Legal Under Nepal’s Federal Law?Gandaki Province has opened a regulated path for medicinal and industrial cannabis farming under licenses, testing and government monitoring, but recreational use remains illegal and questions remain over how the provincial law will operate alongside Nepal’s federal narcotics law.Aug 13
Nepal’s Cargo Rail Arrives, But Industries Still Prefer India Due To Higher Handling CostsAlthough Nepal has started receiving container cargo trains at the Nepal Customs Yard in Biratnagar, many industries in the Sunsari-Morang industrial corridor continue to use the Indian Customs Yard. Industries say higher handling charges and additional fees in Nepal are making Indian facilities cheaper.Aug 11
Government Forms Task Force To Explore Revival Of Biratnagar Jute Mill After Years Of ClosureThe government has formed an expert task force to assess the condition of the historic Biratnagar Jute Mill and explore options for bringing it back into operation. The committee will review its assets, machinery, liabilities and previous studies before submitting a revival strategy within one month.Aug 10
Ambulances Carrying Cannabis? Inside Koshi’s Growing Smuggling NetworkAmbulances meant to rush patients to hospitals are repeatedly turning up in cannabis-smuggling cases across Koshi Province, with police recovering hundreds of kilograms from emergency vehicles around Dharan, Bhedetar, Morang and Sunsari. The cases expose a wider trafficking corridor running from cannabis-producing hill districts toward the Tarai and Nepal-India border, while increasingly creative smuggling methods are making enforcement more difficult.Aug 7
Nepal Develops ‘Myna’ Multi-Disaster Early Warning System To Send Local Language Alerts During EmergenciesNepal has successfully tested ‘Myna’, a locally developed multi-disaster early warning system that can send automated alerts in local languages during floods, landslides, fires and other emergencies.Aug 6
Nepal’s Goldstar Is Stepping Into Japan. Could This Be The Global Breakthrough Nepali Manufacturing Has Been Waiting For?Goldstar Stride Limited has partnered with Goldstar Japan Company Limited to expand the Goldstar footwear brand in Japan after Japanese representatives approved production standards at the company's manufacturing facilities. The agreement is expected to boost Nepal's exports, create jobs, strengthen Nepal–Japan economic ties, and showcase Nepali manufacturing in one of the world's most quality-conscious markets.Jul 29
Government Signals Duty Review As Industries Push For Fairer Raw Material TaxFinance Minister Dr. Swarnim Wagle has assured industrialists that the government is ready to review taxes and customs duties on raw materials and finished goods as part of a wider economic reform push.Jul 29
Nepal's Foreign Trade Reaches Record Rs 24.11 Trillion in FY 2082/83, But Rising Imports Push Trade Deficit to New HighNepal's foreign trade reached its highest level ever during the fiscal year 2082/83 (2025/26), with total trade increasing by 15.88 percent to Rs 24.11 trillion, according to the latest annual data released by the Department of Customs. While both imports and exports recorded healthy growth, imports continued to rise at a faster pace, causing the country's trade deficit to widen further.Jul 23
Electricity Bills To Rise From Friday As Nepal Imposes 5% And 13% VAT On Power ConsumptionElectricity bills across Nepal are set to increase from Shrawan 1 as the government starts implementing a new VAT policy. Household consumers using more than 50 units will pay 5% VAT on excess consumption, while commercial, industrial and institutional users will face a 13% VAT.Jul 16
From an Idea to Industry: How Vending King Built Nepal's First Homegrown Smart Vending Machine CompanyVending King Pvt. Ltd., founded by Jeevan Shrestha, is transforming Nepal’s smart retail sector by designing and manufacturing vending machines locally. From its base in Kirtipur, the company is building cashless, customizable solutions for hospitals, colleges, retailers, and businesses across Nepal.Jul 12
Gandaki Province Becomes First in Nepal to Legalize Cannabis Cultivation for Medicinal and Industrial UseThe Gandaki Provincial Assembly has unanimously approved a landmark bill allowing the regulated cultivation of cannabis for medicinal and industrial purposes. The new law introduces a strict licensing and monitoring system, making Gandaki the first province in Nepal to legally permit cannabis cultivation under government supervision.Jul 10
Gandaki Province Legalizes Marijuana Cultivation for Medicinal and Industrial UseGandaki Province Legalizes Marijuana Cultivation For Medicinal And Industrial Use As Provincial Assembly Unanimously Passes New Law To Boost Investment, Create Jobs And Support Industrial GrowthJul 10
Latest Update On Nepal FDI Situation: How Much Money Did Nepal Receive From Abroad?Nepal Received Rs 47.61 Arba In Foreign Investment Commitments Across 914 Projects, With IT Leading Project Count And Agro Leading Investment Value.Jun 19