News Nepal Loans: Nepal approves loan
The cabinet approved $185M in foreign loans for the Digital Nepal Transformation project, which aims to modernise government services. Of this, $50 million comes from the World Bank and $40 million ...
News Nepal Loans: Nepal seeks World Bank loan to fight air pollution despite hefty taxes to do so
KATHMANDU — Nepal’s government is negotiating terms for millions of dollars in loans and grants from the World Bank to fund a project to fight air pollution, even though it has already raised billions of rupees (millions of dollars) by taxing fossil fuel over the past 16 years. The proposed 9.86 billion rupee ($68 million) […]
News Nepal Loans: Himalayan ecosystem under threat with China’s building spree in Nepal
Many of the infrastructure projects run through sensitive environments, including national parks, and the construction of hydropower plants has been criticised by environmental organizations and local communities for destroying river ecosystems.
News Nepal Loans: Ghostly luxury apartment, ownership of Yaya Centre dog Nicholas Biwott in death
In the finale of a series of interviews with Alnoor Kassam, the ex-billionaire who now lives like a monk in Nepal ... Deposit Insurance Deposit (KDIC). Kassam is the man behind Trade Bank, one ...
News Nepal Loans: Nepal grounds six Made-in-China planes, calls them liability
The words 'Made in China' have negative connotations in India as they often come to represent substandard, cheap products that do not last long and are often not worth the price. Nepal Airlines is ...
News Nepal Loans: Reviving industries in Nepal
Nepal’s industries, in particular, need empathetic policy support from the government to end the liquidity crunch.
