Report in The Kathmandu Post, Apr 8, 2023 at 15:28 hrsSenior CPN (Unified Socialist) leader Mukunda Neupane has quit the party. Neupane, who comes third in the party hierarchy after Madhav Kumar Nepal and Jhalanath Khanal, announced deserting the party at a press meet in the Capital on Saturday. Addressing the press meet, Neupane said the party is trapped in the quagmire of the ruling coalition, accusing the party leadership of being guided by closed-door…
Posts tagged as “Nepal”
by Krishana Prasain in The Kathmandu Post Apr 9, 2023Following a meeting of the Nepal-China border trade mechanism in Lhasa on March 29, the Rasuwagadhi-Kerung border point has finally come into full operation from April 1, after being closed for 38 months. China also resumed passengers’ clearance at the Jilong (Rasuwa) dry port. Nepali traders say they are encouraged by the opening of the borders but remain cautiously optimistic. They hope there will be no…
report in The Himalayan Times, Apr 4, 2023Nepal largely depends on technical human resources from foreign countries for the implementation of big projects. According to official data, skilled human resources required for various large projects here are hired from other countries. The Department of Labour and Occupational Safety said workforce from around 100 countries in the world are currently engaged in various projects in Nepal and the Chinese make up the highest portion. Likewise, workers…
By Prithvi Man Shrestha in The Kathmandu Post, April 02,2023The writer is a political reporter for The Kathmandu Post, covering the governance-related issues including corruption and irregularities in the government machinery.Nepal wants to sign a long-term intergovernmental agreement with India on selling Nepal’s excess power to the southern neighbour during the upcoming India visit of Prime Minister Pushpa Kamal Dahal. Nepali officials said that Prime Minister Dahal could visit India after the second week of…
By Prithvi Man Shrestha in The Kathmandu Post, April 01, 2023As the country’s economy faces multiple challenges including low growth, slump in market demand, high inflation and troubled government finance, Nepal appointed an economic expert as finance minister on Friday. Nepali Congress spokesperson Prakash Sharan Mahat, who holds a PhD in Economics from the US-based Southern Illinois University, was given the role in the latest Cabinet expansion. He has the responsibility to fix the broken…
by Anil Giri in The Kathmandu Post,Apr 1, 2023Nepal and China are set to hold the 15th round of Diplomatic Consultation Mechanism talks in Beijing next week. For this, foreign secretary Bharat Raj Paudyal will travel to Beijing. At the talks scheduled for April 7, officials will discuss further promotion of bilateral relations and cooperation including high-level visits. Sun Weidong who has served as vice-minister of Foreign Affairs since 15 November 2022 will be leading…
By Nishan Khatiwada in The Kathmandu Post, March 27,2023The writer is a reporter covering national politics for The Kathmandu Post.The country’s largest political party, Nepali Congress, is yet to hold the long-pending general conventions of its sister organisations and give a complete shape to their central bodies. Factionalism has trickled down to each of its wings and the demands to revive the sister organisations remain unheard as of now. The main opposition, CPN-UML, has held…
Report in The Kathmandu Post ONLINE, March 26, 2023Senior officials from Nepal and China are meeting this week in Lhasa, the capital of the Tibet Autonomous Region, aiming to facilitate bilateral trade and commerce. This is the first meeting of the joint mechanism set up in August last year during the official visit of then foreign minister Narayan Khadka to Qingdao, China. A statement issued after the visit had said the two foreign ministers decided…
Report in The Kathmandu Post, March 18, 2023 at 07:01Ram Sahay Prasad Yadav of the Janata Samajbadi Party has been elected as the new Vice President of Nepal. Out of the total 52,628 weighted votes, Ram Sahay secured 30,328 while Asta Laxmi Shakya of the CPN-UML received 16,328 and Mamata Jha of the Janamat Party got 2,537 in an election held on Friday. Fifty-two-year-old Ram Sahay garnered 58.02 percent of the votes, while his closest…
Report in The Kathmandu Post, Mar 17, 20223Published at : March 17, 2023Updated at : March 17, 2023 07:50The “neighbourhood first” policy that New Delhi adopted after the election of Narendra Modi as India’s prime minister in 2014 has proven to be no more than lip service, at least when it comes to the South Block’s treatment of the Nepali ambassador. Nepal’s Ambassador to India Shankar Sharma has been trying—without success—for 10 months to sit…
by Prithvi Man Shrestha in The Kathmandu Post, March 17, 2023The International Monetary Fund (IMF) has asked Nepal Rastra Bank to have some of the country’s largest commercial banks audited by international auditing firms as it is suspicious about the quality of loans provided by them, a senior central bank official said. Representatives of the IMF’s Article IV mission called for the audit to bring clarity about the state of the asset quality during a…