Prospering Together

 

Along with a struggle to find political stability, Nepal and Bangladesh share multiple similarities. They are the members of the South Asian Association for Regional Cooperation (SAARC) and South Asian Free Trade Area (SAFTA), are graduating to 'developing nation' status from the Least Developed Country by the end of this year, and are pursuing strategies for industrial and export growth. 

However, differences are stark – Bangladesh is a rapidly industrialising coastal country with maritime access, a large market with 170 million people with average per capita income (PCI) of US$ 2,820, against landlocked Nepal's 30 million people with average PCI of US$ 1,490. Nepal was the seventh country to recognise Bangladesh as an independent country when it was created in 1971. They signed the Transit Agreement and Trade and Payments Agreement and offered favour to each other in customs duties and other charges on export and import of goods between them. 

Recently, after years of hiatus, Nepal started supplying electricity to Bangladesh in 2024. Bangladesh has shown interest in investing up to Rs. US$ 1 billion in the first phase of Nepal's hydropower projects, and importing electricity in a large amount. Currently, Nepal is exporting 40 MW of electricity to Bangladesh. Despite having good trade relations, Nepal is witnessing a huge trade deficit with Bangladesh. In the last Fiscal Year 2024/25, Nepal imported merchandise worth Rs. 5.18 billion from Bangladesh and exported goods worth only Rs. 666.1 million, creating a trade deficit of Rs. 4.51 billion. 

Nepal's major export goods include lentils, oil-cake, cane molasses, bran, food, and medicinal plants, while it imports soyabean, oil-cake, raw jute, parts of engines, medicines, and potatoes. Experts in Nepal say that the tariff and para-tariff imposed by Bangladesh on Nepali products have made the latter less competitive in the markets there. Unfortunately, the two developing nations of the same region haven't resolved the complexities in bilateral trade exchanges. 

A study conducted by South Asia Watch on Trade, Economics and Environment and published last year identified that minerals and metals, textiles, chemicals, clothing, agricultural products, oilseeds and fats, wood and paper, and leather and footwear have high potential for export to Bangladesh. However, Nepal lacks a country-wide policy to promote exports and has a poor economic diplomacy exercise. Various strategies devised for trade integration couldn't alter the existing unfavourable environment in foreign trade.   

Amidst such a situation, the commerce secretary-level meeting between the two countries held last week in Dhaka aptly underscored the need for deepening bilateral economic partnership, including joint-venture investment and trade. Nepali delegation led by Commerce Secretary Dr. Ram Prasad Ghimire stressed on enhancing bilateral trade by reducing trade-related barriers, including the tariff and non-tariff ones. 

In response, Bangladesh expressed its readiness to collaborate in trade and investment, connectivity, and tourism. Bangladesh's Commerce Secretary Mahbubur Rahman reaffirmed commitment to simplifying customs procedures and enhancing trade facilitation. Nepal also maintained that there is a need for close cooperation to promote collective interests at the regional and international forums, as both countries are graduating to 'developing country' status. 

Likewise, the two countries have agreed to expedite negotiations on the Preferential Trade Agreement (PTA), rules of origin, and product list. Nepal should take this opportunity to simplify the entry process of Nepali products into the Bangladeshi market. Meanwhile, efforts should be boosted to attract investment in hydroelectricity and industry and attract more Bangladeshi tourists to Nepal. 

Nepal should prepare a comprehensive list of products that can have competitive and comparative advantages, and focus on their production and development. It is high time that the two neighbours collaborate at the regional and international level to promote each other's interests to achieve shared prosperity. 

Published in The Rising Nepal daily on 25 January 2026.  

DJPL to invest Rs. 4.7 billion in Chitwan

Kathmandu, Feb. 4

Deurali-Janta Pharmaceuticals Pvt. Ltd. is set to diversify its production and increase its capacity with a new manufacturing plant in Chitwan.

“The new international standard production plant will be installed for Rs 4.75 billion, with the aim of import substitution, export readiness, technology transfer and creating employment,” Hari Bhakta Sharma, Founder and Executive Director of the company, said at a  press meet organised to mark the 35^th year of the company, on Tuesday.

The project would be developed within two years.

Sharma and his team have seen a huge potential in the Nepali pharmaceutical industry in production, export and competitive capacity.

However, he said that the country still lacks an industry-friendly policy. The government should support the entrepreneurs in acquiring land, the business registration and licensing process, and technology transfer.

According to him, the Department of Drugs has a provision for obtaining a separate license for each medicine production, which creates additional hassles in the production and marketing of the products.

Deurali-Janta aims to conduct a business worth around Rs. 2.6 billion this year.

“Deurali–Janata Pharmaceuticals has been a leader in Nepal’s pharmaceutical industry for the past 35 years. The company imports advanced technology to produce essential medicines locally, and it has firmly established itself as a pioneer in Nepal’s pharmaceutical sector,” said Ayush Bhakta Poudel, Director of the company.

According to him, with a focus on reducing reliance on imported medicines, the company’s goal has always been to make the country self-sufficient in pharmaceutical production. It has successfully developed and produced hundreds of medicines in Nepal, and the company’s success story is a testament to its commitment and growth in the pharmaceutical industry.

Deurali-Janta is producing 296 types of essential life-saving medicines, including capsules, tablets, liquids, ointments, dry powders, and other forms of medicinewith the application of cutting-edge technologies.

The products are rigorously researched, produced, and quality-tested using modern technologies and equipment, meeting international standards, said Poudel. The company has employed 675 individuals. 

Published in The Rising Nepal daily on 5 February 2026.  

Nine Nepali startups secure investment thru IN-SPAN

Kathmandu, Feb. 4

Nepal-India Chamber of Commerce and Industry (NICCI) hosted the Nepal-India Startup Samvad in Kathmandu on Wednesday to mark it as an important milestone in cross-border entrepreneurial collaboration.

The event featured the successful cohort of the India-Nepal Startup Partnership Network (IN-SPAN), a flagship initiative facilitated by IITM Pravartak Technologies Foundation (IIT Madras) with the support of the Ministry of External Affairs, India.

Under the programme, 24 Nepali startups participated in an intensive eight-week residency within the IIT Madras innovation ecosystem, gaining access to advanced mentorship, technological guidance, and market exposure, informed the NICCI.

A significant outcome of the cohort was that nine startups secured exclusive investment and incubation offers from leading Indian incubation platforms - a strong indicator of the rising potential of Nepal’s innovation ecosystem and the value of regional cooperation.

Speaking at the event, President of NICCI Sunil KC, emphasised that cross-border startup partnerships are essential to enhancing regional competitiveness and driving youth-led economic growth.

Likewise, Vice-President of NICCI Kunal Kayal, noted that the next phase of Nepal-India economic relations must be driven by the private sector and powered by innovation. “To institutionalise this momentum, our committee is spearheading the establishment of a Startup Innovation Centre, which will serve as an epicenter connecting all ecosystem stakeholders,” he added.

Er. Umesh Kumar Gupta, Executive Director of the Industrial Enterprise Development Institute (IEDI) Nepal, highlighted the importance of institutional support, policy alignment, and capacity-building initiatives in nurturing startups into globally competitive enterprises.

Founders of the selected start-ups shared their experiences from the IIT Madras residency. Participants spoke about access to high-end laboratories, investor engagement opportunities, product refinement support, and exposure to global best practices. Many described the experience as a turning point that helped them move from early-stage development to market-ready innovation. They sought government and policy support to make their entrepreneurial ventures successful in the long-run.

According to NICCI, by linking Nepali entrepreneurs with Indian innovation platforms, the initiative aims to accelerate knowledge transfer, promote regional market integration, and position Nepal as an emerging hub for technology-driven enterprise.

Published in The Rising Nepal daily on 5 February 2026.  

Election Commission mandates strict Banking procedures for campaign financing

Kathmandu, Feb. 3

In an effort to bolster fiscal transparency and accountability during the upcoming parliamentary elections, the Election Commission of Nepal has implemented the ‘Procedures on Election Campaign for Parliamentary Member - Bank Account (Account Handling and Management) 2082’.

The new directive mandates that all political parties and candidates must channel their election-related financial activities through dedicated bank accounts, ensuring a traceable and regulated flow of campaign funds.

Transparency is further enforced by the requirement that all transactions must be conducted in Nepali currency. Any expenditure for campaigning—including payments for podiums, rallies, or publicity—must be made via cheques, drafts, electronic means, or other negotiable instruments.

While parties and candidates can accept donations, there are strict thresholds and ‘no-go’ sectors. Any assistance exceeding Rs. 25,000 from a citizen or an organisation must be deposited directly into the campaign bank account. For donations exceeding Rs. 100,000, the recipient is legally bound to record the donor’s name, address, occupation, Permanent Account Number (PAN), and the source of the funds, including a declaration of its tax status.

The EC has barred the political parties and candidates from raising financial aid from several sectors, including government agencies at all levels, institutions with full or partial government ownership, public limited companies that issued the Initial Public Offering, and educational institutions like universities and schools.

Likewise, they can’t collect funds from national and international non-government organisations, foreign governments, foreign institutions or foreign individuals, and anonymous donors or undisclosed entities.

Under the new regulations, political parties and individual candidate are required to submit their applications to the EC in a prescribed format. The political parties must provide an official letter from the party, and the candidates must provide evidence of their candidacy or a valid identity card. They must also submit a signature specimen card from the chosen financial institution and a copy of the Nepali citizenship certificate of the person(s) designated to operate the account.

Once the EC verifies these documents, it will issue a formal recommendation to the bank to open the account, notifying the Treasury and Accounts Controller Office and Election Offices to ensure oversight from the outset.

As per the procedures, a political party's account must be operated by a maximum of two officials designated by the party, requiring joint signatures for all transactions. For individual candidates, the account can be managed by the candidate themselves or an authorised representative, either through a single signature or joint signatures of up to two people.

Monitoring and Closure

The chief of the relevant Treasury and Accounts Controller Office has been tasked as the Election Code of Conduct Monitoring Officer. Their role involves continuous surveillance to ensure that public property is not misused and that campaign spending remains within the limits set by the EC.

Following the conclusion of the election, candidates and parties must make their expenditure details public and submit a report to the Election Office. The EC will then order the closure of the bank accounts within 35 days of the final report's preparation.

However, in a bid to maintain a long-term audit trail, all bank account records must be securely preserved for a minimum of six years, according to the procedures.

Joint Spokesperson of the EC Kul GC expressed his confidence that these new procedures will help to enhance transparency in election financing, both raising funds and expenditures.

“We want to set a new good culture in election financing. This is the starting point. But the EC would put its efforts through the election and treasury offices in better monitoring the mobilisation of the funds,” said GC.

 

Published in The Rising Nepal daily on 4 February 2026.  

President Paudel returns home

Kathmandu, Feb. 4

President Ramchandra Paudel returned home on Wednesday after completing his 4-day official visit to Japan.

Vice President Ramsahay Prasad Yadav, Prime Minister Sushila Karki, cabinet ministers, and heads of the security agencies welcomed him at the Tribhuvan International Airport (TIA).

At the invitation of the Government of Japan, President Paudel, accompanied by First Lady Sabita Paudel, led a Nepali delegation to attend a special ceremony marking the 70th anniversary of the establishment of diplomatic relations between Nepal and Japan.

 He departed for Japan on Sunday night.

During his visit, President Paudel attended a special reception in Tokyo organised by the Japanese government to commemorate the 70th anniversary of Nepal–Japan diplomatic relations, and addressed the ceremony, informed the Ministry of Foreign Affairs (MoFA).  

He also paid a courtesy call on Emperor Naruhito at the Imperial Palace in Tokyo. In addition, he held courtesy meetings with Japanese Prime Minister Sanae Takaichi and Japan’s State Minister for Foreign Affairs, Iwao Horii.

Likewise, President Paudel addressed programmes organised by the Japanese business community and the Nepali diaspora in Japan. He also inspected the Embassy of Nepal in Japan.

Nepal and Japan established diplomatic relations on September 1, 1956. Following this, Nepal opened its embassy in Tokyo in 1965, while Japan established its embassy in Kathmandu in 1967.

Japan is Nepal's major development partner and supported in various large-scale infrastructure development, human resource creation and technology transfer. 

Published in The Rising Nepal daily on 5 February 2026. 

Private sector ready to invest in Budhigandaki: Dhakal

Kathmandu, Jan. 29

President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Chandra Prasad Dhakal, has urged concerned stakeholders to immediately move forward with the construction of the Budhigandaki reservoir-based hydropower project.

Addressing the opening ceremony of the 10th Dhading Festival organised by the Dhading Chamber of Commerce and Industry in Dhadingbesi on Thursday, Dhakal emphasised the need to advance the long-discussed 1,200-MW Budhigandaki project.

Stating that the Nepal Development Public Limited (NDP) has been established with investments from entrepreneurs, businesspeople and investors across Nepal, he said that if there is any shortage of resources for the project, the private sector is ready to invest through this company.

He also noted that expanding hydropower would also help unlock opportunities in minerals, agriculture and other business sectors, the FNCCI said in a statement.

Dhakal further mentioned that NDP is prepared to invest in any potential sector in Dhading district, including minerals, agriculture and other industries and businesses. He said the private sector has consistently completed projects on time, within budget, and in accordance with set quality standards.

“During the Gen Z movement in September last year, many private industries, factories, hotels and business establishments suffered arson and damage. However, most of the private sector has already repaired, restored and resumed operations. The private sector has proven that it can complete projects on time, at the required quality, and within allocated budgets,” he said.

Dhakal added that crackdowns on the private sector and attacks on private businesses have created fear among entrepreneurs. “The private sector produces goods, builds infrastructure, provides services, creates employment and pays taxes. So why is it always neglected?” he questioned.

Likewise, he said that locally organised fairs and festivals play a significant role in promoting and marketing local products, and that FNCCI always prioritises such events.

Published in The Rising Nepal daily on 30 January 2026. 

Four Nepalis rescued from Myanmar, sent to Nepal

Kathmandu, Jan. 30

Four Nepali nationals who had been involved in online scamming centres operating in Myanmar have been rescued from the Myawaddy area of Myanmar and repatriated to Nepal.

Earlier, they were brought to Bangkok via the Tak Immigration Office in Mae Sot with the assistance of the Thai government, the Embassy of Nepal informed in a statement. With the support from the Thai government, the Embassy has rescued and repatriated hundreds of Nepali citizens in the last couple of years.

Among the four individuals returned to Nepal, one is from Mahottari district, one from Nuwakot, and two from Dang.

The Embassy informed that all four have completed education up to the bachelor’s level. One of them had completed undergraduate studies in Thailand and had been working as a hotel receptionist, but reported travelling to Myanmar after being lured by the prospect of higher earnings. Another individual from Dang said that he had previously worked as a computer operator at a government office in Dang for several years.

"All of them reported that they were brought from Nepal under the pretext of being employed as data entry officers in Thailand, but were forcibly taken to Myanmar immediately upon arrival," read the statement.

It further said that this incident highlights that even highly educated Nepali citizens can fall victim to deception through social media, friends, relatives, and attractive advertisements promising high income.

Similarly, the Embassy informed that cases of Nepali citizens being recruited into illegal online scamming activities in Cambodia are also on the rise.

The Embassy continues to receive daily requests for rescue from Nepali citizens trapped in such locations or from their family members, and is providing necessary consular assistance for their repatriation. However, during the return process from Cambodia, many individuals are required to pay substantial fines and, in some cases, serve long prison sentences in accordance with Cambodian immigration laws.

"As the risk remains high of being trafficked to online scamming centres operating in Myanmar, Cambodia, and the Golden Triangle region of Laos under the pretext of travelling to Thailand, the Embassy of Nepal in Bangkok strongly urges all Nepali brothers and sisters not to fall for offers of lucrative employment," the Embassy said in the statement.

The Embassy has requested individuals to refrain from travelling under such circumstances and to also warn family members, neighbours, and friends.

Published in The Rising Nepal daily on 31 January 2026. 

NICCI organises Roadshow in Varanasi

 Kathmandu, Jan. 31

Nepal-India Chamber of Commerce & Industry (NICCI) organised 'Nepal Varanasi Roadshow' at The Clark Varanasi Hotel in Varanasi India recently. 

The Roadshow organised in association with Nepal Tourism Board and Buddha Air aims to promote Nepali Tourism inviting more tourists from India. 

"Events like the roadshow in India are expected to play a key role in boosting pilgrimage tourism. The campaign aims to encourage Hindu pilgrims to include Nepal in the Char Dham Yatra by visiting Pashupatinath Temple," NICCI said in a statement.

The Varanasi roadshow is therefore seen as an important step toward attracting more Indian tourists to Nepal in the days ahead, it said.

Vice President of NICCI Kunal Kayal highlighted the bond between Nepal and India as it is not merely defined by geography or commerce, it is anchored in shared reverence connecting to both Kashi Vishwanath in Varanasi and Pashupatinath in Kathmandu.

He further stressed that these are not just two temples; they are two ends of a single sacred thread that has united our people for centuries.

Kayal further added that our spiritual geography goes even deeper as we are the custodians of the Buddhist Circuit, tracing the footsteps of the Enlightened One from his birthplace in Lumbini to his first sermon in Sarnath. "We are also linked by the Sikh Circuit, honoring the travels of Guru Nanak Dev Ji through the Himalayas and the plains. Whether it is the dip in the Ganges or in Bagmati, our cultures have always mirrored one another," he said.

Officiating Director, of Nepal Tourism Board Sunil Sharma elaborated about the Nepal by presenting three words – Mystery, History and Hospitality- in case of Nepal.

"There is mystery, when there is mystery there is history and when there is history there is hospitality and that is what Nepal is about, that is why the international tourists should visit Nepal," he said.

Likewise, industrialist Binod Kumar Chaudhary highlighted the possibilities and offerings of Nepal which is very much rare in any other countries have and that is what Nepal has to promote.

Nepal and India share deep cultural, spiritual, and historical ties, particularly through religious tourism. The sacred Shiva Circuit (Pashupatinath, Muktinath, Kedarnath, Banaras connection), Buddhist Circuit (Lumbini, Bodh Gaya, Kushinagar, Sarnath), and Sikh Circuit represent a natural spiritual and tourism bridge between the two countries.

According to NICCI, despite these shared heritage links, Nepal has not fully tapped into the vast Indian outbound tourism market. India remains Nepal’s largest source of tourist arrivals, but the potential to attract higher numbers, longer stays, and repeat visits remains significant.

As recent data shows that Nepal welcomed approximately 1.15 million tourists in year 2024, reflecting a gradual recovery of the country’s tourism industry in the post–COVID-19 period. However, arrivals from India recorded a slight decline.

The number of Indian tourists decreased by 0.68 percent as NTB data shows that 317,773 Indian tourists visited Nepal by air in 2024, down from 319,936 in the year 2023.

Published in The Rising Nepal daily on 1 February 2026. 

President Paudel to visit Japan from Feb. 1

 Kathmandu, Jan. 30

President Ramchandra Paudel is paying an official visit to Japan from 1 to 4 February at the invitation of the Government of Japan, commemorating the 70th anniversary of the establishment of diplomatic relations between Nepal and Japan this year.

President is scheduled to have a State call on Japanese Emperor Naruhito at the Imperial Palace in Tokyo on Tuesday, February 3, Secretary of the Ministry of Foreign Affairs (MoFA) Amrit Bahadur Rai informed at a press meet on Friday. The President will also have a meeting with Takaichi Sanae, Prime Minister of Japan, on the same day.

On Monday, President Paudel will attend the special reception hosted by State Minister for Foreign Affairs of Japan Horii Iwao, on behalf of the Government of Japan, to celebrate the 70th anniversary of Nepal-Japan diplomatic relations. Prior to this, State Minister Horii is scheduled to pay a courtesy call on the President.

During the visit, the President Paudel will also participate in a meeting with the Japanese business community, and will attend a reception hosted in his honour by the Embassy of Nepal.

President will be accompanied by his spouse Sabita Paudel and high-ranking government officials.

President will return to Kathmandu on Wednesday, February 4.

Nepal and Japan had established formal bilateral diplomatic relations on 1 September 1956. The MoFA mentioned in its website that Japanese Buddhist monk Ekai Kawaguchi came to Nepal on his way to Tibet in 1899 in search of Buddhist scriptures. He introduced Nepal and highlighted the importance of Lumbini to the Japanese people through his writings.

Nepal established its embassy in Tokyo in 1965 and Japan established its embassy in Kathmandu in 1967. Nepal also has an Honorary Consulate in Osaka.

The year 2022 marked the 120^th anniversary of the international student exchange between the two countries – in 1902 eight Nepali students had reached Japan for higher studies.

 

Major development partner

Japan is one of the top development partners of Nepal and has supported in large projects like Kaligandaki A Hydropower Project, Melamchi Water Supply Project, Nagdhunga Tunnel, Maitighar-Suryabinayak Road and BP Highway, policy initiatives like Agriculture Development Strategy, Public Broadcasting and disaster management and post-disaster reconstruction of public infrastructure including health and educational institutions.

Japan has been providing Japan Overseas Cooperation Volunteers (JOCV) since 1970 and senior volunteer under JICA Volunteer Programme. Nepali government officials are being trained in Japan under the Japan Development Scholarship since 2016.

The size of trade between the two countries stands at Rs. 6.59 billion with Nepal exporting merchandise worth Rs. 1.91 billion and witnessing a trade deficit of Rs. 4.68 billion in 2024/25.

According to the statistics of the Department of Customs, Nepal's major imports from Japan are vehicle and spare parts, iron and steel, computers, textile spinning machines, photographic plates, methionline, smartphone, toner cartridge and transmission apparatus.

Likewise, Nepal's major exports to Japan are readymade garments, herbs and herbals, wheat flour, tea, coffee, felt products, dog and cat food, dalmoth and namkeen, hand-made paper, carpets, leather goods and silverware. 

Published in The Rising Nepal daily on 31 January 2026. 

President Paudel meets Emperor Naruhito

Kathmandu, Feb. 3

President Ramchandra Paudel has met with Emperor Naruhito of Japan at the Imperial Palace in Tokyo, highlighting the deep-rooted friendship and developmental partnership between the two nations.

The meeting, held as part of a four-day official visit, serves as a cornerstone for celebrations marking the 70th anniversary of the establishment of diplomatic relations between Nepal and Japan. Accompanying the President on this historic trip is the First Lady, Sabita Paudel, along with a high-level Nepali delegation.

During their dialogue, President Paudel expressed profound gratitude for Japan’s consistent role as a reliable partner in Nepal’s socio-economic evolution. He noted that Japanese assistance has been instrumental across various sectors, including infrastructure, health, agriculture, and environmental conservation, directly benefiting the lives of the Nepali people.

The President further highlighted the spiritual ties connecting the two countries, citing the birthplace of Lord Buddha in Lumbini as a symbolic bridge that continues to foster harmony and mutual understanding.

The meeting also served as a moment of reflection on personal and historical milestones. President Paudel recalled Emperor Naruhito’s visit to Nepal in 1987 as a Prince, noting how the Emperor's experiences in regions like Pokhara and Lumbini have left a lasting impression.

For his part, Emperor Naruhito shared a poignant memory of observing women carrying water jars in Sarangkot, an experience he credited with sparking his academic interest in global water issues.

The Emperor reaffirmed Japan’s commitment to supporting Nepal, particularly in the realm of disaster management and humanitarian aid.

The visit comes at a time of high-level diplomatic activity, as President Paudel is also scheduled to hold talks with the Japanese Prime Minister, Sanae Takaichi. Earlier in the week, the President engaged with the Japanese business community, encouraging further investment in Nepal’s burgeoning sectors such as hydropower and information technology.

As the 70th-anniversary celebrations continue, this state visit underscores a shared vision for a future defined by closer cooperation and enduring friendship between the two Asian nations.

Published in The Rising Nepal daily on 4 February 2026. 

India hands over over 250 vehicles in second tranche

Kathmandu, Jan. 29

The second tranche of election-related assistance from India has been handed over to Nepal.

Charge d’affaires of the Embassy of India in Nepal Dr. Rakesh Pandey handed over more than 250 vehicles to the Government of Nepal in a programme held at the Ministry of Finance at the Singha Durbar in Kathmandu on Thursday.

These supplies are a part of the assistance sought by the government in connection with preparations for the upcoming elections in the country.

Speaking on the occasion, Finance Minister Rameshore Prasad Khanal thanked the government and people of India for the supplies and appreciated their significance in preparations for the upcoming elections, according to the Embassy.

The first tranche of such election-related assistance by the Government of India was handed over to Nepal on January 20. More deliveries are expected to take place in batches in the coming weeks.

“The ongoing cooperation and support from the Indian side is not only an apt reflection of the multi-faceted and multi-sectoral development partnership that exists between both countries, but also symbolises the deep mutual trust and friendship between the people of Nepal and India,” read a statement issued by the Embassy. 

Published in The Rising Nepal daily on 30 January 2026. 

Lumbini Ceramics receives NS certification

Kathmandu, Jan. 29

Lumbini Ceramics Limited has received Nepal Standard (NS) Product Certification from the Department of Standards and Metrology for its flagship tile brands Laminar and Cresta under the recently implemented NS 617:2082 standard.

According to the company, Laminar has been certified in the Fully Vitrified Tiles category (Group B Ia), while Cresta has received certification in the Porcelain Tiles category (Group B Ib).

The NS 617 standard aligns technically with India’s IS 15622 and, in certain performance parameters, exceeds the requirements of the international and European standard ISO 13006, providing Nepal with a nationally recognised, globally benchmarked framework for ceramic tile quality. “With this standard now in place, Nepali consumers have access to domestically manufactured ceramic tiles that are scientifically classified and transparently certified,” the company said in a statement on Thursday.

According to it, fully vitrified tiles are regarded as the highest category within ceramic tiles due to their high material density and near-impervious structure.

“Laminar’s fully vitrified tiles achieve an extremely low water absorption rate (≤ 0.08 per cent), rendering them highly resistant to stains, fading, abrasion, and long-term wear—ideal for residential floors and walls, high-traffic areas, wet zones, and demanding outdoor applications such as balconies and parking areas,” read the statement.

Likewise, Cresta’s porcelain tiles are designed for low water absorption levels. Porcelain tiles offer a balanced combination of durability, design flexibility, and cost efficiency.

Ashutosh Khetan, Managing Director of the company, described the certification as a landmark achievement.
“Receiving NS 617 certification in both the fully vitrified and porcelain categories is a historic moment for Nepal’s ceramic industry,” he said. “It establishes a clear, scientific, and nationally recognised benchmark for tile quality while demonstrating our ability to deliver world-class products at affordable prices through transparent classification and certification.”

Laminar and Cresta tiles are produced at Lumbini Ceramics’ state-of-the-art facility in Bardiya using Spanish and Italian glazes and advanced digital ink technology. The plant operates in full compliance with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards.

Published in The Rising Nepal daily on 30 January 2026. 

PM Karki, envoy Mjos discuss bilateral ties

Kathmandu, Jan. 28

Norwegian Ambassador to Nepal Dagny Mjos paid a courtesy call to Prime Minister Sushila Karki at her office in Singha Durbar on Wednesday.

The Prime Minister’s Office informed in a statement that they discussed matters of mutual bilateral interest.

 This was the first meeting between Prime Minister Karki and Ambassador Mjos.

On the occasion, Ambassador Mjos expressed her pleasure at seeing Karki as Nepal’s first female Prime Minister and conveyed her confidence that the forthcoming elections would be conducted smoothly under her leadership.

She also recalled Norway’s continued support in areas such as Nepal’s peace process, constitution-building, climate change and sustainable development.

Mjos expressed her belief that this cooperation would continue in the days ahead.

Prime Minister Karki said that although she had come to office under unusual circumstances, the country was now gradually returning to normalcy and moving forward towards elections. She also thanked Norway and the international community for the trust and support extended to Nepal.

Published in The Rising Nepal daily on 29 January 2026. 

Land cost, labour shortage troubles garment industry

Kathmandu, Jan. 28

Nepali apparel industry is reeling under labour shortage, high labour turnover and poor export logistics, concluded a study conducted by the South Asia Watch on Trade, Economics and Environment (SAWTEE) and Garment Association Nepal (GAN).

More than three-fourth of the firms in the sector said that they are troubled by high cost of land, labour shortage and poor logistics, Dr. Paras Kharel, Executive Director of SAWTEE who led the study on 'Nepal’s garment and textile supply chain: Insights into constraints and enablers' said at a programme organised in Kathmandu on Wednesday.

According to him, labour productivity, skill gap, time to import raw materials and access to finance have also emerged as the major concerns for entrepreneurs. They are also facing inadequate water supply for production. 68 per cent of the 25 enterprises participating in the study said so.

Dr. Kharel noted that that unique designs and craftwork are the major selling point of Nepali apparels. He added that if critical constraints are addressed, firms expect exports to increase by an average of 87.4 percent compared to a business-as-usual scenario.

He highlighted the need to increase investment in skills development, strengthen linkages between garment producers and the Council for Technical Education and Vocational Training (CTEVT), and make training programmes more effective.

"We need to explore alternative markets through more effective utilization of existing trade agreements as well as through the negotiation of new trade arrangements, economic partnership agreements, and strengthened economic diplomacy," said Dr. Kharel.

The study was made public at a dialogue on 'Apparel exports: Competitiveness, critical challenges and way forward'.

However, the study concluded that Nepal’s garment sector shows strong growth potential despite structural challenges, and needs urgent actions to address those critical constraints.

The dialogue presented the key findings of the diagnostic study which examines the opportunities and challenges facing Nepal’s garment sector in the context of the country’s impending graduation from the least developed country (LDC) category and the evolving international trade landscape.

Speaking at the programe, Rabi Shanker Sainju, Vice Chair of SAWTEE, pointed out that logistics remains a major obstacle to competitiveness and emphasised that the absence of an integrated industrial ecosystem is affecting the country’s supply chain. He also stressed that Nepal’s diplomatic missions should actively work to create new international markets.

Referring to the EU-India free trade agreement (FTA), Sainju noted that trade negotiations are a continuous process rather than a one-time event and observed that, while FTAs result from lengthy and structured negotiations, Nepal still lacks even a standard operating procedure for conducting them.

Pashupati Dev Pandey, President of the GAN, urged the government to prioritise the garment and apparel sector, emphasising the need for close coordination among labour, producers and policymakers.

He also cautioned that India’s FTA with the EU could pose additional challenges for Nepal, particularly in the context of the country’s impending graduation from LDC status.

Similarly, Prakash Sharma, National Project Coordinator of the LDC Graduation Project at ILO Nepal, noted that the garment and textile sector is expected to be among the most affected by LDC graduation, including in terms of job losses.

He also maintained that the United Nations’ assessment of Nepal’s LDC graduation readiness has revealed significant apprehension within the private sector. While deferral remains an option, Sharma stressed that it would require consideration of the perspectives of key partners such as the EU and the United States.

He also highlighted Nepal’s lack of a clear strategy to utilize a deferral, if granted.

Rajendra Sangraula, President of the Nepal Freight Forwarders’ Association, underscored the importance of strengthening the national flag carrier to reduce airfreight costs, noting that its rates are significantly lower than those of international airlines.

He further pointed out that the absence of multimodal transport laws has discouraged shipping companies from operating in Nepal, effectively forcing freight forwarders to make payments in Indian currency and often through informal channels.

Likewise, Sharad Bikram Rana, Executive Director of the Trade and Export Promotion Centre (TEPC), emphasised the need for a strategic approach and called for the development of a comprehensive roadmap identifying short, medium, and long-term challenges. He suggested for clear definition of the roles of key stakeholders, including the government and the private sector, to address these challenges effectively.

Govinda Prasad Ghimire, Chairman of the Federation of Export Entrepreneurs Nepal, expressed concern over the capacity of SMEs and micro enterprises to withstand the impacts of LDC graduation.

According to him, the government must take a serious approach to protecting these enterprises, particularly those products identified as priority sectors under the Nepal Trade Integration Strategy (NTIS).

Dr. Ram Hari Ghimire, Secretary of the Ministry of Industry, Commerce and Supplies, emphasised that the textile and garment sector holds high potential, highlighting its resilience and long-term prospects despite multiple structural challenges. He noted that while the sector faced a downturn following the phase-out of the Multi-Fibre Arrangement (MFA), its continued performance demonstrates strong adaptability.

He suggested to identify products that have high value addition at low cost and have comparative and competitive advantages at the international markets.

"Apparel is one of the areas of comparative advantage. We must set high-quality standards and strictly adhere to environmental and social measures set for garment industry," said Ghimire.

He also pointed out that the sector’s low scale of production limits its ability to meet large supply orders and contributes to higher production costs. He stressed the importance of identifying and strengthening Nepal’s core competitive advantages, rather than spreading efforts across multiple sectors.

Published in The Rising Nepal daily on 29 January 2026. 

Buildcon Expo from February 5

Kathmandu, Jan. 28

The eleventh edition of Nepal Buildcon is set to take place from February 5-8 at the Bhrikutimandap Exhibition Centre, Kathmandu.

As the only international exhibition related to the construction sector in Nepal, this edition of Buildcon will see the participation of more than 300 national and international brands, said the organisers in a statement on Wednesday. The exhibition will feature over 200 stalls, where businesspeople and entrepreneurs will showcase their products and services to consumers.

Jointly organised every year for the past 11 years by Media Space Solutions and Futurex Trade Fair and Events, the expo has been linking Nepal’s construction industry with modern technologies and making a significant contribution to infrastructure development.

"Through this exhibition, domestically produced construction materials and technologies are promoted to international markets, while it also provides opportunities to introduce the latest technologies, services and products currently in use in international markets into Nepal," read the statement.

The exhibition will feature a wide range of construction materials and services, including architectural hardware, aluminium extrusion, marble, tiles, sanitary ware, modular and modern kitchens, roofing, cladding, lifts, elevators, escalators, doors, windows, flooring, wall coverings, glass glazing, pipes, plumbing fittings, construction chemicals, PVC and uPVC profiles, batteries, generators, as well as cement and steel.

According to the organisers, the exhibition has succeeded in creating a vast business network encompassing all stakeholders involved in the construction sector, including businesspeople, importers, manufacturers, distributors and service providers.

There will be a significant presence of designers, engineers, architects and professionals associated with the construction sector, as well as individuals and institutions interested in constructing private residences, commercial complexes and business buildings.

Published in The Rising Nepal daily on 29 January 2026. 

Ice climbing training begins in Manang

Kathmandu, Jan. 28

Ice Climbing Level One Programme is launched in Humde, Manang, from 27 January.

The two-week training jointly orgnised by the Nepal Tourism Board (NTB) and Nepal Mountain Instructors’ Association (NMIA) will run till February 5.

The programme formally began with a soft opening in Kathmandu on 23 January, featuring theoretical classes and outdoor orientation sessions to prepare participants for the intensive field-based training in the high Himalayas, the NTB informed in a statement on Wednesday.

The training aims to strengthen technical ice-climbing skills, promote international safety standards, and create employment opportunities in the mountaineering sector.

According to the NTB, it aligns with Nepal’s long-term vision of delivering world-class, safe, and professional mountaineering services from the Himalayas, where Nepali climbers are globally recognized as among the finest mountain and climbing guides.

A total of 36 participants are undergoing the training under the guidance of 11 highly experienced instructors. The curriculum includes hands-on use of essential climbing equipment such as ice axes, crampons, harnesses, helmets, carabiners, belay devices, slings, and ropes, along with rope fixing, anchor building, safety and protection systems, rescue procedures, and practical field applications essential for high-altitude and technical mountaineering.

Upon successful completion, participants will receive internationally recognised certification, enhancing their professional credibility and employability both in Nepal and across the global mountaineering industry.

Published in The Rising Nepal daily on 29 January 2026. 

Minister Sinha calls for renewal energy expansion

Kathmandu, Jan. 27

Minister for Energy, Water Resources and Irrigation Anil Kumar Sinha has emphasised the need for the proper utilisation and conservation of energy sources, while expanding access to modern energy to achieve the Sustainable Development Goals (SDGs).

Addressing the ‘National Forum on Clean Energy in Action: Decarbonising Nepal’s Economy’ organised by the Alternative Energy Promotion Centre (AEPC), he said that promoting a green economy through the development of renewable energy and energy efficiency is essential.

Minister Sinha highlighted that for transformation and progress, many of Nepal's legal provisions need to be more promotional rather than restrictive, as overly control-oriented laws create problems in achieving targets.

He pointed out that in terms of energy development, Nepal should not only focus on hydropower but also strengthen the role of clean energy components such as solar and wind.

“Our rules and regulations often act as obstacles to the private sector, rather than promoting them, and this is creating challenges in achieving our goals,” he said. “However, it is our responsibility to pass on a secure and developed world to future generations, and we must make improvements with sensitivity.”

Speaking on the occasion, stakeholders said that Nepal's economy must be systematically and progressively transformed into a green economy.

They emphasised the need to reduce the growing risks of climate change, achieve low carbonisation, and promote a green economy through the promotion of clean energy.

Chiranjivi Chataut, Secretary of the Ministry of Energy, Water Resources and Irrigation (MoEWRI), pointed out that reducing the use of fossil fuels to mitigate the effects of climate change, while focusing on the development of clean, affordable, and reliable energy, is a priority.

He noted that clean energy will play a major role in reducing carbon emissions and emphasised the high potential for clean energy in Nepal, which requires national and international cooperation to turn this potential into achievement.

The AEPC is an agency under the MoEWRI.

Likewise, Dr. Prakash Kumar Shrestha, Vice-Chairman of the National Planning Commission (NPC), mentioned that to reduce traditional and fossil fuel consumption, the expansion of clean energy production and consumption must be prioritised.

According to him, while green economy-related plans and targets have been included in various national programmes, their implementation has been weak, and significant improvements are needed.

Dr. Shrestha also called on the private sector to take the initiative, stating that the current financial resources available present an opportunity to accelerate the development of clean energy.

Similarly, Executive Director of the AEPC Nawa Raj Dhakal said that effective programmes are being implemented, targeting carbon reduction in areas such as transport, industry, agriculture, and households, including electric vehicle charging stations, biomass and biogas promotion, solar irrigation pumps, and the expansion of electric stoves.

Dhakal also mentioned that, with the support of the government and development partners, the Sustainable Energy Challenge Fund (SECF) has been successfully implemented as an innovative programme model, and expressed confidence that continuous support from development partners would help expand this programme further.

Similarly, Veronica Lorenzo, Ambassador of the European Union (EU) to Nepal, emphasised the need to increase investment in renewable energy and energy efficiency to achieve the SDGs.

She also highlighted that the programme, which was implemented with the support of the EU and the UK Government, based on the SECF, had achieved significant milestones, and assured that the European Union would continue to provide support for such programmes.

A book titled "Leveraging Achievements in Sustainable Energy: Achievements of the Sustainable Energy Challenge Fund" was also launched at the Forum.

The book summarises the achievements of the programmes implemented under the SECF.

The forum was orgnaised to mark the International Day of Clean Energy.

During the conference, separate technical sessions were also held on topics such as clean energy and carbon trading, carbon reduction through energy efficiency, and financial investment in clean energy and e-mobility.

Nepal has prioritised decarbonisation in its national goals and international commitments, including its Third Nationally Determined Contribution, the Sustainable Development Goals, the long-term net-zero strategy, the Sixteenth Plan, and the Energy Development Roadmap and Action Plan.

The United Nations has been observing January 26 each year as the International Day of Clean Energy since 2024, to raise awareness and promote actions for a just and inclusive transition to clean energy that benefits people, the planet and ecosystems. 

Published in The Rising Nepal daily on 28 January 2026. 

Paudel assumes her responsibilities at NIA

 Kathmandu, Jan. 27

Chairperson of the Nepal Insurance Authority (NIA), Chandrakala Paudel, assumed her responsibilities at the Authority on Tuesday

Earlier on the same day, Finance Minister Rameshore Prasad Khanal administered the oath of office and secrecy to her.

A Cabinet meeting on Monday had decided to assign the responsibilities of the Chairperson of the insurance sector regulator to Paudel, Secretary of the Ministry of Federal Affairs and General Administration, until further arrangements are made.

She was welcomed at the NIA by the Executive Director, Sushil Dev Suvedi, along with the directors and staff members.

Published in The Rising Nepal daily on 28 January 2026.