Candidates vow to tap ICT's power for development

Kathmandu, Feb. 27

Political parties said on Friday that the development of the information and communication technology (ICT) sector should move towards implementation and beyond inclusion in election manifestos.

Speaking at the second edition of Digital Leadership Dialogue organised by ICT Foundation Nepal in Kathmandu, leaders of several parties acknowledged that the time has come to translate manifesto commitments into action.

They said IT has now become a shared national agenda rather than only an electoral issue.

Their commitments included promoting digital governance, infrastructure development, reducing the digital divide, strengthening skills development, improving digital literacy, and prioritising STEM education.

Anand Raj Khanal, President of Nepal Digital Lead and former Senior Director of the Nepal Telecommunications Authority, said that while political manifestos prioritise ICT, they lack a realistic assessment of current challenges.

"Future-oriented commitments would remain unfulfilled if present issues are not addressed," he said.

Shree Gurung of the Ujyalo Nepal Party proposed allocating at least one per cent of national income to innovation, start-ups and technology. According to him, Nepal’s green energy and water resources could support the development of Artificial Intelligence (AI) infrastructure.

Gajendra Budhathoki of the Rastriya Prajatantra Party said that long-term investment in IT has been limited and attributed existing progress largely to private sector efforts. According to him, resources needed for ITC sector development could be managed by checking the revenue leakage.

Keshav Aryal of the Pragatisheel Loktantrik Party stressed the need for individuals with ICT expertise in policymaking roles.

Likewise, Dr. Netra Timilsina of the CPN-UML called for increased state investment in digital infrastructure. Dr. Beduram Bhusal of the Nepali Communist Party acknowledged weak implementation of past commitments.

Similarly, Rajan Koirala of the Rastriya Swatantra Party said that time has come to materialise the commitments made by the political parties and the government. He expressed concerns over the human resource mismatch as well.

Dr. Amita Pradhan of the Nepali Congress also emphasised implementation and policy strengthening while also creating basic mechanism for the ICT development.  

Bijay Babu Shiwakoti of the Gatisheel Loktantrik Party urged utilisation of the Rural Telecommunications Development Fund for expanding digital infrastructure. He also said that the government should implement programmes to support start-ups and youth entrepreneurship in IT sector.  

 Published in The Rising Nepal daily on 28 February 2026.     

STC Auto launches Ampere

Kathmandu, Feb. 27

Indian electric scooter Ampere has been introduced in the Nepali market.

The scooters are produced by Greaves Electric Mobility and brought to Nepal by STC Auto Solution Pvt. Ltd. STC Auto Solution has launched two Ampere models - Nexus and Magnus Neo scooters.

The company informed that Ampere scooters use lithium iron phosphate (LFP) batteries. The scooters have been tested in temperatures ranging from minus 40 degrees Celsius to 60 degrees Celsius. "The LFP batteries have a lifecycle of up to 2,000 charge cycles and come with a warranty of either 75,000 kilometres or five years," said the company.

The scooters feature a reinforced chassis, twin suspension and integrated smart technologies.

The company said that Magnus Neo is equipped with a 2.5 kW motor and a 2.3 kWh lithium battery pack. The company claims a range of up to 100 kilometres on a single full charge.

The scooter has a loading capacity of 150 kg, and a ground clearance of 165 mm. It offers low, high and reverse riding modes. The price has been set at Rs 300,000.

Likewise, the Nexus model is powered by a 3.9 kW motor and a 3 kWh LFP battery pack. "It delivers a range of up to 107 kilometres on a single charge. The battery can be fully charged at home in approximately three hours and 30 minutes," said the company.

The mid-mounted motor scooter offers five riding modes, including reverse. It features alloy wheels, disc brakes, full LED lighting, a USB charger and connectivity functions. The model has been launched at a price of Rs. 335,000.

 Published in The Rising Nepal daily on 28 February 2026.     

Dhakal calls for postponing Nepal’s LDC transition

Kathmandu, Feb. 27

President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has called for postponing Nepal’s graduation from the Least Developed Country (LDC) category to a 'developing nation'.

Nepal is scheduled for graduation in November 2026.

Speaking at a meeting with newly appointed United Nations Resident Coordinator Lila Peters Yahya in Kathmandu on Friday, Dhakal said that Nepal remains structurally unprepared for the transition.

According to him, the FNCCI has formally requested that the graduation be deferred by three years, until November 2029, following extensive consultations with the business community.

"The objective of this request is to ensure that Nepal’s graduation is sustainable and beneficial to the population, rather than symbolic. Nepal only recently met the per capita income threshold and continues to face high economic vulnerability," said Dhakal.

He added that while banks have liquidity and private sector investment appetite remains weak, a premature graduation could create additional challenges.

Referring to Bangladesh’s request for a similar extension, he said Nepal’s private sector demand is also relevant. Bangladesh and Laos are scheduled to graduate together.

Dhakal highlighted challenges faced by small and medium-sized enterprises, stating that around 300,000 agro-based industries could be affected by rising costs and the withdrawal of trade preferences in European markets following graduation.

Likewise, Yahya suggested that discussions involving the UN, the World Bank, the International Monetary Fund, the government and private sector could help reach a conclusion on the proposed extension.

She also emphasised the need for predictable policies and trust in national institutions to support economic development, the FNCCI informed in a statement.

She suggested aligning strategies for import substitution and export promotion accordingly and expressed interest in the upcoming elections and the post-election economic outlook.

 Published in The Rising Nepal daily on 28 February 2026.     

Bardaghat SME Village seen as growth engine

Kathmandu, Feb. 26

Investors have expressed confidence that the Bardaghat SME Village will contribute to the economic development of Nawalparasi.

Speaking at an interaction programme organised by the Confederation of Nepalese Industries (CNI), with support from the Bardaghat Chamber of Commerce and Industry (BCCI), Bardaghat Industry and Trade Association, and the CNI Youth Entrepreneurs Forum in Bardadhat on Thursday, they said it would help in creating employment and using local raw materials.

Acting President of the CNI, Nirvana Chaudhary, said the organisation has remained committed to promoting entrepreneurship and that the Bardaghat SME Village should be developed as a pilot project and model industrial village. He stated that the initiative could help promote small and medium-sized enterprises in the area.

Chaudhary also noted that industrial villages are necessary as a significant portion of investment is required for land acquisition when establishing industries. He said the presence of large industries and road infrastructure in Nawalparasi has created conditions favourable for the development of small and medium enterprises.

Former President of the Federation of Nepalese Chambers of Commerce and Industry, Shekhar Golchha, noted that unemployment remains a major issue in Nepal and that many young people have gone abroad for work, adding that industrial development is necessary to create jobs and support economic growth.

He said industrial villages could support industrialisation and added that the Golchha Group is positive about bringing industries to the area.

Likewise, Former CNI President Vishnu Kumar Agarwal said the contribution of manufacturing industries to gross domestic product has declined to about five per cent. He said efforts are needed to increase the sector’s share and referred to industrial parks in Bangladesh and India as examples. He also said there are plans to expand the MAW Skill Academy to the area, which already operates in Kathmandu and Janakpur.

CNI Vice-President Rohit Gupta said he was able to establish the Kajaria Tiles industry in Bardaghat within a year due to local support. He stressed the need to develop the SME Village alongside large industries.

President of the BCCI, Lekh Nath Neupane, said industrial villages are essential to promote small industries. Similarly, Bardaghat Industry and Trade Association Vice-President Lilahari Paudel said the area’s proximity to the Indian border facilitates the import of raw materials and export of finished goods.

CNI Lumbini Province President Ejaz Alam said the area’s infrastructure and proximity to Rupandehi make it suitable for industrial expansion.

Similarly, CEO of Nabil Bank, Manoj Gyawali, said the presence of more than 250 financial institutions has improved access to finance and that the bank has been supporting entrepreneurship and skills development.

Chair of the CNI Youth Entrepreneurs Forum Lumbini, Rajan Kasaju, said young people are starting businesses in Nepal and stressed the need for policies to encourage entrepreneurship and reduce outward migration.

 Published in The Rising Nepal daily on 27 February 2026.     

Dominance of the 40–49 Age Group Among Candidates

• 3,406 candidates are contesting under the first-past-the-post (direct) system. Of these, 3,017 are male, 388 are female, and 1 candidate represents ‘other’ groups.
• Under the proportional representation system, 3,135 candidates are in the electoral race. Among them, 1,772 are male, and 1,363 are female.

 

Kathmandu, Feb. 26

Elections for the 275 members of the House of Representatives (HoR) are being held on March 5. Fresh elections have been called after the HoR, formed following the 2022 elections, was dissolved after the Gen Z-led protests of 23 and 24 Bhadra.

Under the first-past-the-post (direct) electoral system, 165 members will be elected, while 110 members will be chosen through the proportional representation system. Altogether, 6,541 candidates are contesting under both systems, of whom 275 will be elected.

In the direct category, 65 political parties are contesting under 61 election symbols. Likewise, in the proportional category, 63 political parties are contesting under 57 election symbols.

There are 3,406 candidates in the direct elections - 3,017 men, 388 women, and 1 candidate from the ‘other’ groups. In the proportional system, 3,135 candidates are contesting, including 1,772 men and 1,363 women.

In both electoral systems, the highest number of candidates falls within the 40–49 age group. In the direct system, there are 201 candidates under the age of 30, and 749 candidates aged 30–39.

The 40–49 age group accounts for 1,077 candidates. There are 894 candidates aged 50–59, 395 aged 60–69, 83 aged 70–79, and 7 candidates aged over 80.

Similarly, in the proportional system, the 40–49 age group dominates. There are 168 candidates under 30, 686 aged 30–39, and 991 aged 40–49. A total of 741 candidates are aged 50–59, 419 are aged 60–69, 118 are aged 70–79, and 12 are over 80.

Among the total candidates, approximately 31 per cent belong to the Khas/Arya community. Specifically, 34.50 per cent are Khas/Arya, 27.30 per cent are from indigenous nationalities, 24.87 per cent are Madhesi, 6.75 per cent are Dalit, 3.99 per cent are Muslim, and 2.58 per cent are Tharu.

In the upcoming election, the total number of registered voters stands at 18,903,689, of whom 9,663,358 are men and 9,240,131 are women. For the election, 10,967 polling stations and 23,112 polling centres have been designated.

 Published in The Rising Nepal daily on 27 February 2026.     

Jyoti Group, Rich's India to collaborate on food service

Kathmandu, Feb. 25

Padma Jyoti Group has expanded its collaboration with Rich’s India to strengthen the development of Nepal’s food service and culinary sector.

The two companies said in a statement that the expanded agreement aims to improve customer engagement, support chef training, and introduce global culinary trends suited to the Nepali market.

Rich’s, part of Rich Products Corporation, was established in 1945 and has operated in India for more than 30 years. The company is known for its non-dairy whipped toppings and products used in bakeries, desserts and food service. It has been present in Nepal for about two decades. "The new agreement is intended to expand its activities beyond distribution and focus on technical support and market development," read the statement.

Under the collaboration, the companies plan to provide technical training, product demonstrations and knowledge-sharing programmes for chefs, bakers and food service operators across Nepal. According to Padma Jyoti Group, the initiative is expected to help professionals adopt international practices and maintain consistency in food quality.

The Group said it will use its distribution network and market presence to support the expansion. The partnership will also provide technical guidance and product support to businesses in the retail, bakery and hospitality sectors.

The group entered the fast-moving consumer goods sector in 2007 through Sun International Incorporated, which distributes ice cream and frozen desserts across Nepal. The company has expanded its distribution network in recent years.

According to the Group, the partnership reflects its focus on bringing international food products and practices to Nepal.

 Published in The Rising Nepal daily on 26 February 2026.     

Missions struggle to find resources to rescue Nepalis from scam centres

Kathmandu, Feb. 25

The rescue of Nepali citizens who have been involved in online scamming centres operating in Myanmar, Cambodia, Laos and other east Asian countries is affected by lack of financial resources.

It also has delayed the rescue operation and repatriation activities.

"Officials from the Embassy of Nepal in Bangkok need to travel to other countries like Cambodia and stay there. If we make any correspondence instead of visiting the respective country to complete the rescue and repatriation, the entire process is delayed," Prakash Adhikari, Chief of South East Asia and the Pacific Division at the MoFA said at a programme organised at the Ministry on Wednesday.

Since the mission doesn't get additional budget to conduct such activities and has to manage with meagre resources available, it sometimes requests the Non-Resident Nepali Association (NRNA) and local non-government organsiations (NGOs) to facilitate in the process.

NRN's support is sought while rescuing Nepalis from the online scamming centres in Cambodia and Laos while local NGOs helped in similar operation in Myanmar, said Adhikari. The mission, that also has the responsibility of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), is understaffed.

The process of repatriation is also delayed if Nepalis weren't sent to Nepal immediately. If the repatriation is delayed even by a day, they had to undergo an anti-human trafficking screening which generally takes about a month.

"If we could hold an immediate dialogue with the Thai authorities and repatriate our citizens on the same day via connecting flights, they need not to wait for the screening," said Adhikari. This screening is also conducted to check if the victim is genuine and hadn't acted as an agent to the scam centres.

Adhikari informed that on an average it takes 2.5 months to 3 months to bring back a Nepali national after rescuing from the scam centre. This period could be longer in case of Cambodia since Nepal doesn't have its mission there and needs to rely on Nepali community or NRNA.

According to Adhikari, as per the rule, support can't be mobilised from the Foreign Employment Welfare Fund if the workers hadn't obtained labour permit from the government.

However, since it is the duty of the country to rescue its official in trouble abroad, the MoFA is in dialogue with the Ministry of Finance and Ministry of Labour, Employment and Social Security to manage resources. Discussions now are focused on forming a joint mechanism to create a fund and facilitate the rescue and repatriation activities.

"We are also studying the effective mechanism implemented by other countries," said Adhikari.

Lok Bahadur Poudel Chhetri, Spokesperson of the MoFA, said that although the concerned agencies are coordinating for such operations, it is yet to be effective.

Likewise, Pushpa Raj Bhattarai, Chief of Labour Migration and Nepali Diaspora Coordination Division, said that hundreds of Nepalis are employed by the scam centres. "It is difficult to locate them and reach out to our people as they are in conflict-prone areas and the operators use satellite phone," he said.

The number of Nepalis rescued by the Embassy of Nepal in Bangkok has been significantly going up in the past three years. In 2023/24, the Embassy rescued and repatriated 68 Nepalis from the scam centres. The number went up to 156 in 2024/25 while in the past seven and a half months of the current year, 168 individuals were sent back to Nepal. The crisis came to the surface in 2022.

About 248 Nepalis are waiting rescue in Cambodia.

Many individuals are required to pay substantial fines during the return process from Cambodia and, in some cases, serve long prison sentences in accordance with Cambodian immigration laws.

Bhattarai said that most of the Nepalis recruited by the scam centres were educated with most of them completing the bachelor's level and speaking in English.

For example, one of the four Nepalis rescued earlier this month 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," the Embassy had informed in a statement.

The Embassy and the MoFA have repeatedly urged Nepalis not to fall for offers of lucrative employment in Myamnar, Cambodia and the Golden Triangle region of Laos under the pretext of travelling to Thailand.

"The worrisome matter is, educated youth who know that it is risky to travel to the countries that haven't signed labour agreement with Nepal, even with individual labour permit," said Bhattarai.

He suggested that Nepali going abroad for job and education purposes should inform the respective mission upon their arrival and inform their family and friends back home.

Likewise, they should file a complaint at the police in Nepal after reaching here. But according to the MoFA, a very small number of rescued individuals has filed such cases. 

 Published in The Rising Nepal daily on 26 February 2026.     

PM reiterates human rights commitment

Kathmandu, Feb. 24

Prime Minister Sushila Karki has reiterated to the international community that Nepal is committed to concluding the transitional justice process in a credible, inclusive and victim-centric manner.

In her virtual address to the 61^st regular session of the Human Rights Council, held in Geneva on Monday, as the head of the Nepali delegation, PM Karki said that transitional justice is an integral part of the conclusion of the decade-long armed conflict through a homegrown and nationally-led peace process.

“As a move towards the conclusion of the last mile works of the transitional justice, the government of Nepal reconstituted the Truth and Reconciliation Commission and the Commission of Investigation on Enforced Disappeared Persons last year,” she said.

In addition, Nepal has been consistently contributing to international peace and security. “Today, Nepal is the number one troop-contributing country in different UN Peacekeeping missions. Through these missions, Nepali women and men have defended peace, protected civilians, and upheld human rights,” stated the Prime Minister Karki.

According to her, this is a critical time and the world is facing several crises— some conventional and some emerging. Climate change, increasing conflicts and severe disasters are to name a few. “And, most importantly, these crises are not stand-alone. They are intertwined and complex,” said the Prime Minister.

She said that Nepal’s national commitment to human rights is still strong and unflinching, and all must uphold the universality of human rights despite several odds and uncertainties.

According to PM Karki, Nepal is committed to protecting and promoting human rights.

Nepal has taken several measures— policy, legal and institutional— to reflect this commitment in practice.

“Now, our priority is to institutionalise human rights and make it a culture - that respects each other, and ensures human dignity and equality, makes the state responsible for protecting human rights and fundamental freedoms, and fosters decent living without compromising basic needs and services,” she said.

PM Karki also stated that Nepal’s constitution protects the rights of women, children, persons with disabilities, indigenous peoples, Madhesis, Tharus, Muslims, Dalits, marginalised communities, as well as sexual and gender minorities. It upholds rights to education, health, employment, food, and a clean environment, among others.

The country is party to 24 human rights instruments, including seven core human rights conventions and eleven ILO conventions.

 Published in The Rising Nepal daily on 25 February 2026.     

Five envoys present credentials to President Paudel

Kathmandu, Feb. 24

Five newly appointed ambassadors to Nepal presented their letters of credence to President Ramchandra Paudel at the President’s Office, Shital Niwas, on Tuesday.

According to the President’s Office, the envoys representing Australia, Saudi Arabia, China, the Maldives and Türkiye officially commenced their diplomatic assignments following the presentation of their credentials.

Ambassador of China Zhang Maoming, Australia Simon George Ernst and Saudi Arabia’s Fahd Mohammad Ajmi Mnikhr presented their letter of credence. Non-residential envoys of Maldives and Turkiye, Aishath Azeema and Ali Murat Ersoy also submitted their letters.

The newly appointed heads of mission were escorted from Lazimpat to the President's official residence in a ceremonial horse-drawn carriage (buggy). The procession was accompanied by a mounted cavalry escort, marking a grand welcome for the foreign dignitaries.

Separate special ceremonies were organised for each ambassador while submitting their letters. 

 Published in The Rising Nepal daily on 25 February 2026.     

Nabil Bank, SKMH conduct free burn treatment camp at Seti Hospital

Kathmandu, Feb. 24 

Nabil Bank, in collaboration with Sushma Koirala Memorial Hospital (SKMH) and Seti Provincial Hospital (SPH), is organising Free Burn Treatment Camp at the SPH in Dhangadhi.

The bank informed in a statement that burn victims will benefit from the camp, which will run from 24 to 26 February.

Nabil Bank is organising the camp as part of its corporate social responsibility programme. The bank said it plans to expand such camps to other provinces, starting from Dhangadhi in partnership with the SKMH. It expects more than 120 beneficiaries in the first phase.

According to the bank, economically disadvantaged and underprivileged burn survivors suffering from long-term complications will receive consultations, treatment, and surgical services at the camp. The bank is coordinating with FEKT Nepal under Kirtipur Hospital and SKMH to conduct the programme.

"Patients with burn-related contractures, hair loss, fused fingers or toes, deformities caused by explosions, and inward-turned feet will receive free treatment," read the statement. Patients with complex conditions will be referred for free treatment at SKMH in Sankhu, Kathmandu.

The bank also said that the initiative aims to improve the lives of burn survivors. Government data show around 56,000 burn incidents occur annually in Nepal, with an average of 2,100 deaths while many survivors face long-term disability. Limited access to specialised burn treatment centres outside Kathmandu has prevented timely and affordable care, particularly for low-income patients.

 Published in The Rising Nepal daily on 25 February 2026.     

CDSC, private sector spar over dual-ISIN

CDSC wants it to enhance transparency, promotors say it will add complexity

 

Kathmandu, Feb. 23

Citing continued irregularities in securities transaction, lack of transparency and breach of investors' rights, the CDS and Clearing (CDSC) Limited insists on the relevancy of the dual ISINs (International Securities Identification Numbers) implementation.

But the private sector representatives maintain that the new system will discourage the investors and add complexities in securities trading.

The CDSC has been advocating for the dual ISINs to separate the promoter shares and public shares of the companies listed at the stock exchange to protect the interest of the investors. The CDSC formulated draft of the Securities Dematerialisation Operation Directives 2082 and sent to the Securities Board of Nepal (SEBON) more than six months ago but the capital market regulator has not given any verdict on the policy.

The proposed directives include the provision to have two separate ISIN to distinguish the promotor shares and general shares with separate identification.

According to the CDSC, the new policy addresses the systematic registration of securities. If a company intends to convert promoter shares into public/ordinary shares, the directive mandates a formal resolution via an Annual General Meeting (AGM) and a public declaration.

Conversion of the shares after informing the investors through a public notice will maintain greater transparency and facilitates the investors, Managing Director and Chief Executive of the CDSC Prabin Pandak said at an informative programme on the Directives organised by the company in Lalitpur on Monday evening.

Following notification to SEBON and Nepal Stock Exchange (NEPSE), these shares can then be merged under a single ISIN through a prescribed process. There will be no fee for merging promoter shares into a unified ISIN, according to the proposed directives.

CDSC is a subsidiary of the NEPSE.

However, President of the Nepal Chamber of Commerce (NCC) Kamlesh Kumar Agrawal said that the dual ISIN will discourage the investors, especially the promotors. He suggested the regulators and clearing company not to add any complexities in the capital market.

Treasurer of the Federation of Nepalese Chambers of Commerce and Industry Bharat Raj Acharya said that whatever the law or policies the government or its agencies bring about, they should not create obstruction for the entrepreneurs and investors. The double ISIN system should also not impact it.

Likewise, Chairman of the Banking and Finance Committee at the Confederation of Nepalese Industries (CNI) Barun Kumar Todi said that the dual ISIN system will not help the investors.

"Dual ISIN is implemented if the securities are of different nature such as debenture and equity shares in a company," he said. He urged to find out the reasons behind the delay in bringing about new policies rather than blaming the market systems.

President of the Independent Power Producers' Association of Nepal (IPPAN) Ganesh Karki said that there are disparities on the percentage of the investment to be raised from the market which ranges from 10 to 30 per cent.

"The regulators and government should work to check the legal loopholes instead of complaining about them publicly. If you don't allow the promoters to sell the shares, they will not sell it," he said.

According to him, disputes like these will not only deter the domestic investment but also the foreign one.

 

New policy comes after 15 years

Meanwhile, Pandak expressed her dissatisfaction against the SEBON for the delay in ratifying the document. In accordance with the Securities Central Depository Service Rules, 2067 and Bylaws, 2068, these directives must receive formal approval from SEBON before implementation.

According to her, although Rule 30(1) of the Central Depository Service Rules, 2067 required such directives to be prepared 15 years ago, the previous lack of a formal framework led to data discrepancies between legal documents and CDSC systems, occasionally causing confusion for retail investors.

CDSC statistics are full of differentiated decisions for various companies with some companies having single ISIN and some two while some have already mixed them. City Hotels, Pure Energy and Kalinchowk Cable are some examples.

"How can you sell the promotors shares when you agreed not to sell it for the next three years before raising millions or billions of rupees from the public? Only a corrupt system permits it," Pandak asked.

Share investors said that there have been instances where the users of the TMS were deceived with the sales of promotor shares.

Non-transparency is the major problem behind multiple malpractices in the capital market. The new policy is an instrument to check such maladies including the deliberate practices to deceive 'innocent' investors, they said.

Pandak also said that it began with a company seeking approval to mixing promotor shares with the general shares. "It's our weakness that some companies are assigned with single ISIN while some others are with two. We were hopeful that the SEBON would swiftly process the procedures and will implement immediately but it couldn't happen so," she said.

To prevent the misleading sale of promoter shares to the public and to protect promoters from future legal complications, the directive proposes assigning a distinct ISIN to promoter shares during their Lock-in Period.

The CDSC insisted that this framework is based on the ANNA (Association of National Numbering Agencies) Guidelines 2023 (8th Edition), ensuring that any merger of shares follows the fundamental capital market principle of full disclosure.

Prakash Rajaure, a share investor, said that the implementation of the proposed dual ISIN system will check the malpractices in the capital market which will also protect the interest of the investors. 

 Published in The Rising Nepal daily on 24 February 2026.     

Aayansh comes up with 'Andhyarobhitra Ujjyaalo'

Kathmandu, Feb. 22

Aayansh Gyawali, 12, has come up with a short-story collection, Andhyarobhitra Ujjyaalo.

The book includes 10 stories of various themes such as light of knowledge, friendship, the internet, technology, earthquake and dowry. They are titled as 'Andhyarobhitra Ujjyalo, Bishtulya Mitrata, Himali gaunma Internet, Lapsiko Rukh, Doctor Arya Sharma, Mitratako Dori, Chandrayani ko Ke Galti Thiyo?, Dron Udaune Sapana, Bhukampako Trasdi, and Daijo Biruddha ko Aawaz.

The book was launched recently in Kathmandu during the Second Prarambha Festival–2082, organised by Prarambha World School/College. Inspector General of the Armed Police Force Raju Aryal launched the book on the occasion.

Hailing from Baletaksar of Gulmi, Aayansh is a student of Grade 8 in Prarambha World School in Tarkeshwor. The book is published by his parents, Kamal Prasad Gyawali and Bindu Pokharel, and Rabindra Manandhar has drawn the sketches for the stories.

The author said that he had a thrust in writing stories and poems since his early childhood and would continue with it in the days to come.

According to the school, the book launch aimed to encourage student creativity and literary engagement. 

 Published in The Rising Nepal daily on 23 February 2026.     

11-year-old Avik Gautam launches debut novel

Kathmandu, Feb. 21

Eleven-year-old Avik Gautam, a Grade 5 student of Nisarga Batika School, launched his novel The Wilds and Wonders of Venua Island at a programme in Lalitpur on Saturday.

The event was attended by publishers and authors, including Keshab Parajuli, Director of Bhundipuran Prakashan. Shree Om Shrestha ‘Rodan’, Chairperson of Shrasta Samaj, Pramod Pradhan, former Chairperson of Baal Sahitya Samaj, and journalist Bindesh Dahal. Pradhan and Dahal critically reviewed the book on the occasion.

Nisarga Batika School Principal Chhabi Raman Silwal and child rights activist Krishna Subedi also spoke at the event. Avik's parents, Rabindra Gautam and Sabina Thapa, and grandfather Ram Kumar Thapa were also present at the programme.

According to the publisher, Gautam began writing the book at the age of nine and completed the first draft in June 2025. The publication process was completed this year.

The book presents a fictional story based on an island and a series of events following a discovery. The narrative includes elements of adventure and imagination. Avik said he was interested in writing and planned to continue. He also said he wanted to become a cricketer in the future.

Speakers at the programme discussed children’s reading and writing and the role of schools and families in supporting such activities. The book has been published by Bhundipuran Prakashan and is available through the publisher, selected outlets and the online platform Daraz.

 Published in The Rising Nepal daily on 22 February 2026.     

Pilot pen outlet launched in Pokhara

Kathmandu, Feb. 19

Fair Trade Corporation has launched an official outlet of Pilot pen brand in Pokhara. The outlet was inaugurated at the Courtyard Building in Nadipur-3, Pokhara on Saturday at a programme.

The showroom was jointly inaugurated on behalf of the company by Japanese nationals Maso Naka and Tamayuki Kawanā. The inauguration ceremony was also attended by well-known comedian Sandeep Chhetri.

The company has been selling and distributing Pilot pens in Nepal for the past 42 years. According to company director Meen Agrawal, the showroom offers a wide range of pens priced from Rs. 10 to Rs. 100,000.

She informed that the outlet features Pilot brand ball pens, gel pens, and fountain pens, as well as highlighters, markers, pencils, erasers, and erasable pens. To attract customers, the company has announced a 10 per cent discount on all products and a special 5 per cent discount for students for up to one year.

 Published in The Rising Nepal daily on 20 February 2026.     

Sun Nepal provides support to Balaju Police

Kathmandu, Feb. 19

Sun Nepal Life Insurance has supported the construction of the Balaju Police Complex by providing essential construction materials.

The company provided construction materials worth Rs. 1 million to the Balaju Police Office in the presence of the company’s CEO Raj Kumar Aryal, Chief Marketing Officer Ganesh Chaulagai, Chief Risk Officer Roshan Gyawali, and Head of Internal Control Roshan Paudel. The event was also attended by Chairperson of the Balaju Police Unit Reconstruction Committee Shiva Bhakta Ranjit, Treasurer Bed Prasad Paudel, and Deputy Superintendent of Police Yagya Lal Banjade.

The company stated in a statement on Thursday that it extended the support recognising the importance of strengthening the physical infrastructure of institutions directly connected with public safety, such as police facilities.

Company representatives noted that social security is reinforced not only through financial protection but also through institutional strengthening.

The Balaju Police Office expressed confidence that such support from the insurance sector would help make service delivery more effective. He added that cooperation between the community and the private sector would have a long-term positive impact.

Sun Nepal currently operates 148 branches and sub-branches across the country.

 Published in The Rising Nepal daily on 20 February 2026.     

NAIMA demands to hike LTV ratio to 80%

Kathmandu, Feb. 21

The Nepal Automobile Importers and Manufacturers Association (NAIMA) has requested the Nepal Rastra Bank (NRB) and the Ministry of Finance to increase the loan-to-value (LTV) ratio for hire-purchase loans on all types of vehicles from the current 60 per cent to a maximum of 80 per cent.

According to NAIMA, the existing 60 per cent cap is one of the principal reasons for the slowdown observed in the automobile market. “The requirement for a high initial deposit has left many consumers unable to purchase vehicles, resulting not only in reduced sales but also in a direct impact on overall economic activity and revenue collection,” it said in a statement.

The automobile sector is one of the key contributors to government revenue through customs duties, excise duties and value-added tax (VAT). “NAIMA believes that an increase in vehicle sales would have a significant and positive effect on revenue collection,” read the statement.

In view of the excess liquidity currently present in the banking system, NAIMA considers that increasing the LTV ratio for vehicle loans could be a practical and effective means of capital mobilisation. As hire-purchase loans are instalment-based and secured against collateral, they are regarded as a comparatively safe lending segment.

NAIMA has also stated that vehicle sales stimulate auxiliary industries such as service centres, spare parts, insurance, financial services, transport and technical services, thereby generating direct and indirect employment. “We therefore emphasise the need for policy facilitation in this sector,” said NAIMA, adding that it will continue to advocate on this matter in line with its mission of ‘mobility for all’.

 Published in The Rising Nepal daily on 22 February 2026.     

NICCI praises govt for FDI automation

Kathmandu, Feb. 20

The Nepal-India Chamber of Commerce and Industry (NICCI) has welcomed the government’s decision to operationalise foreign investment approval services through an automated route, describing it as a positive and timely reform aimed at improving Nepal’s investment climate.

The newly introduced automated mechanism – published in the national Gazette on Monday, February 16 – is expected to reduce procedural delays, enhance transparency, and simplify administrative processes for foreign investors seeking approval to invest in Nepal, NICCI said in a statement on Friday.

By digitising and streamlining approvals, the government has taken an important step toward aligning Nepal’s regulatory environment with global best practices and investor expectations.

“Though the current government had the only mandate of holding an election, it has been trying to create a conducive environment for business,” NICCI President Sunil KC said.

NICCI had organised a closed-door interaction with Industry Minister Anil Kumar Sinha a month ago, submitted recommendations and requested the government to reform the age-old laws to facilitate foreign direct investment.

Praising the government’s move, co-convenor of Indian Business Forum (IBF) under NICCI, Saibal Gosh noted that while automation is a significant reform, it should be seen as part of a broader, more comprehensive investment strategy.

“This is an excellent step, though this alone may not be enough to attract FDI,” he said, adding that the new government needs to come up with a benefit scheme for new FDI investors, which is aligned with investment schemes offered by different Indian states and the central government of India.

NICCI also emphasised that regional competition for investment has intensified, with neighbouring countries and Indian states offering targeted fiscal incentives, sector-specific benefits, and facilitation packages to attract global capital. In this context, Nepal must complement procedural reforms with competitive incentive frameworks, policy predictability, and effective aftercare services for investors, read the statement.

The bi-national chamber further stressed that closer alignment of Nepal’s FDI incentive structures with those prevailing in India would be particularly important, given the strong economic interlinkages, geographic proximity, and growing cross-border investment interest between the two countries.

 Published in The Rising Nepal daily on 21 February 2026.     

New online trade directives further enhance consumer rights

Kathmandu, Feb. 19

The government has implemented a fresh directive to regulate the online trade (e-commerce) with enhanced provisions for consumer rights protection.

The Electronic Trade (E-commerce) Directives, 2082 issued by the Ministry of Industry, Commerce and Supplies (MoICS) on Tuesday has provisions for return and exchange of goods purchased online, protection of consumer rights and data privacy and confidentiality.

The Ministry has issued the new policy as mandated by the Electronic Trade (E-commerce) Act, 2081.

It said that the Directives were implemented to make trade conducted through electronic means transparent, secure, reliable, and consumer-friendly.

According to the Directives, consumers have the right to return or exchange goods if they are found to be defective, damaged, or do not match the description provided on the platform. The entrepreneur must facilitate the return or exchange process within the timeframe specified in their policy, which must comply with consumer protection laws.

Likewise, entrepreneurs are prohibited from engaging in unfair trade practices, including misleading advertisements or the sale of prohibited or counterfeit goods.

The Directives also has a provision that the entrepreneurs must establish a dedicated grievance handling mechanism to address consumer complaints effectively. Such complaints should be addressed within the timeframe specified by the Department of Commerce, Supplies and Consumer Protection.

Similarly, personal and financial information of consumers collected during transactions must be kept confidential and protected from unauthorised access. The Directives have restricted the concerned companies from using consumer data except for the purpose of completing the transaction or as permitted by the consumer. Selling or sharing consumer data with third parties without explicit consent is strictly prohibited.

This rule equally applies when accepting electronic payments, and the company must ensure the security and confidentiality of the consumer's financial data in accordance with prevailing banking and cyber security laws.

According to the Directives, the online traders must disclose the name and nature of goods, services or information, total price including applicable taxes, quantity, date of manufacturing and expiry, and name and address of manufacturer – or name of distributor in case of imported goods. Shipping or delivery charges and estimated timeframe for delivery and terms and conditions regarding the return, exchange or refund of the goods and services should be clearly specified.

The price of goods or services listed on the e-commerce platform must be clearly mentioned in Nepali rupees. If there are any discounts, offers, or loyalty schemes, they must be explicitly stated alongside the original price.

Similarly, the new policy has mandated that the entrepreneur or the delivery service provider shall be responsible for the safety of the goods until they are handed over to the consumer.

The Electronic Trade (E-commerce) Act, 2081 has also provisioned that if any purchased goods or services do not meet the buyer’s requirements, the buyer is entitled to return them to the concerned trader.

The trader is obliged to accept the returned goods or services without any conditions. Upon returning the goods or services, the buyer may, if they wish, obtain another item or service of equivalent value in exchange.

Under the Act, traders, sellers, intermediaries, and transporters would be punished, with imprisonment of 2-3 years or a fine between Rs. 300,00 to 500,000, if they violated the provisions of the Act.

The Act also prohibits traders from publishing advertisements for goods or services that mislead buyers or consumers regarding their actual features, method of use or other relevant details.

Published in The Rising Nepal daily on 20 February 2026.     

Soaltee launches hilltop retreat at Manakamana

Kathmandu, Feb. 19

Soaltee Hotels and Resorts has officially opened the hilltop retreat located at Manakamana.

According to the company, the resort is designed to cater to pilgrims, holidaymakers, adventure and corporate travelers, event guests, and families, offering a refined stay experience.

"This latest addition marks a significant milestone in the brand’s expansion strategy, reinforcing its commitment to elevating Nepal’s hospitality standards while promoting key spiritual, leisure, and business travel destinations across the country," read a statement issued by the company.

Perched amidst green hills with panoramic mountain views, the 51-room resort blends contemporary elegance, and offers a tranquil sanctuary where guests can experience spiritual proximity alongside modern comfort and attentive service.

The company said that the resort features elegantly appointed rooms and suites, many offering uninterrupted views of the temple and surrounding landscape.

"Dining experiences include an all-day restaurant, a stylish lobby bar, 24-hour in-room dining, and poolside service," he said.

For events and gatherings, the resort offers a banquet hall accommodating large celebrations and conferences, a dedicated meeting room for corporate discussions, a scenic terrace, and a beautifully landscaped front lawn, making it an ideal destination for weddings, business meetings, retreats, and social occasions.

"Wellness remains central to the Soaltee experience. Guests can enjoy a fully equipped fitness centre, spa, open yoga deck, swimming pool with a separate baby pool, kids’ zone, jogging track, and guided nature walks, delivering a holistic retreat suited for today’s modern traveler," read the statement.

As Nepal’s only homegrown five-star hotel chain, Soaltee reaffirmed its commitment to bringing premium hospitality to emerging locations throughout Nepal.

Published in The Rising Nepal daily on 20 February 2026.     

Robotronics Summit 2026 held in Kathmandui

Kathmandu, Feb. 19

Softwarica College of IT and E‑Commerce hosted the ‘Robotronics Summit 2026’ in collaboration with Robotica Institute and the International Robotic College, USA, aiming to connect Nepal’s robotics and automation potential to the global stage.

The summit, held in Kathmandu, featured IT exhibitions and interactive sessions, drawing participation from more than 200 students, IT entrepreneurs, academics and industry representatives, read a statement published by the organisers.

Bigyan Shrestha, Chairperson of Soft-ed Group, said the event conveyed a message that Nepal is preparing to compete in the global robotics arena. He stressed that the education system must be updated in line with rapid technological change, adding that Nepal’s future economic prospects would largely depend on digital transformation and innovation in the IT sector.

Rajendra Malla, former President of the Nepal Chamber of Commerce, highlighted the importance of the 'learn and earn' concept and called for practical, industry-oriented IT education.

According to him, robotics would play a decisive role in agricultural modernisation, infrastructure development and economic growth.

Chiranjibi Adhikari, Senior Vice-President of the Computer Association of Nepal Federation, said the organisation remained committed to strengthening Nepal’s technology sector and pledged support and guidance for young people seeking to establish start-ups and IT companies.

Yudhishthir Gauli, President of International Robotics Inc., shared his experience in Germany and the United States, stating that modern curricula could help bridge the gap between education and industry. He also expressed commitment to facilitating international placements and opportunities for outstanding students.

Participants said the summit demonstrated that robotics and automation could serve not only as technological tools but also as strategic drivers of economic transformation. The use of robotics is increasing in smart agriculture, healthcare, manufacturing, infrastructure and AI-based services.

Published in The Rising Nepal daily on 20 February 2026.     

Sun Nepal provides support to Balaju Police

Kathmandu, Feb. 19

Sun Nepal Life Insurance has supported the construction of the Balaju Police Complex by providing essential construction materials.

The company provided construction materials worth Rs. 1 million to the Balaju Police Office in the presence of the company’s CEO Raj Kumar Aryal, Chief Marketing Officer Ganesh Chaulagai, Chief Risk Officer Roshan Gyawali, and Head of Internal Control Roshan Paudel.

The event was also attended by Chairperson of the Balaju Police Unit Reconstruction Committee Shiva Bhakta Ranjit, Treasurer Bed Prasad Paudel, and Deputy Superintendent of Police Yagya Lal Banjade.

The company stated in a statement on Thursday that it extended the support recognising the importance of strengthening physical infrastructure of institutions directly connected with public safety, such as police facilities.

Company representatives noted that social security is reinforced not only through financial protection but also through institutional strengthening.

The Balaju Police Office expressed confidence that such support from the insurance sector would help make service delivery more effective. He added that cooperation between the community and the private sector would have a long-term positive impact.

Sun Nepal currently operates 148 branches and sub-branches across the country.

Published in The Rising Nepal daily on 20 February 2026.     

Fordays Nepal launches training for workers

Kathmandu, Feb. 18

Fordays Nepal Pvt. Ltd. has been launched in Kathmandu on Wednesday with the objective of providing specialised, field-based training to Nepali nationals preparing to work in Japan under structured labour programmes.

The company said that it is the first company in Nepal established with the specific aim of developing skilled and competent workers domestically before their deployment to Japan.

"The company will provide training under Japan’s Technical Intern Training Programme (TITP) and Specified Skilled Worker (SSW) scheme," Authorised Representative of Fordays in Nepal Prem Katuwal said at a programme organised to inaugurate the company formally.

The training will focus on three sectors- food service, fine dining, and elderly care. According to Katuwal, the initiative seeks to enhance workers’ technical competence and workplace readiness, thereby reducing the difficulties Nepali workers often face after arriving in Japan.

The training is designed as a 130-hour field-based programme and will be offered to candidates who have already passed the Japanese language examination, succeeded in employment interviews with recruiting companies, and obtained the Certificate of Eligibility (COE) from Japanese immigration authorities.

Fordays Nepal aims to train 300 individuals annually in each sector, with a total annual target of 900 trainees.

Company said Nepali workers in these sectors are often required to undergo additional training in Japan before starting work.

According to Katuwal, by providing practical training in Nepal, including orientation on workplace practices, language use, and living conditions, the programme intends to help workers transition more smoothly into employment. The training will be delivered by Japanese instructors deputed from Japan.

The company also noted that many Nepali students travel to Japan on student visas after completing basic language requirements, often investing significant sums but lacking practical job skills. Fordays stated that its programme is intended to address this gap by focusing on employment-oriented training.

Speaking at the programme, Secretary of the Ministry of Labour, Employment and Social Security, Dr. Dipak Kafle, lauded the establishment of the company and said that there should more efforts in sending skilled workers to Japan so that the both the individual and the country could be benefitted.

A delegation from Fordays Co. Ltd., Japan, including its chief executive, attended the inaugural programme. They appreciated the infrastructure, amenities and equipment managed to train the students in a real-life scenario. 

Published in The Rising Nepal daily on 19 February 2026.     

FNCCI pushes for policy reforms to ignite startups

Kathmandu, Feb. 18

The Startup and Innovation Forum under the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has emphasised the need to accelerate collaboration by prioritising policy reforms, an investment-friendly environment, and entrepreneurship development programmes to promote startups and innovation in Nepal.

Forum's meeting held on Tuesday evening concluded that stakeholders must collaborate to promote startup and youth entrepreneurship, the FNCCI informed in a statement.

Senior Vice-President of the FNCCI Anjan Shrestha said that the startup ecosystem cannot be strengthened without innovation-friendly policies and expanded access to finance. He stressed the importance of enhancing cooperation between the private sector and the government.

Shrestha also informed that FNCCI would remain active in facilitating market access, mentorship, and regulatory clarity for startups. According to him, there is a need to make training, technical support, and incubation services more effective for innovative enterprises.

Vice-President Hemraj Dhakal noted that policy facilitation related to taxation and investment is essential to encourage startup and innovation-based enterprises. Similarly, Vice-President Jyotsna Shrestha highlighted the need to place women and youth entrepreneurship at the centre of startup policy and stressed expanding capacity-building and networking programmes to create an inclusive entrepreneurial environment.

Treasurer Bharat Raj Acharya pointed to the need to transform the Startup and Innovation Forum into a formal committee and stated that institutional standards must be developed for its expansion.

Executive Director of the Industrial Enterprise Development Institute, Umesh Kumar Gupta, said that policy reforms have been introduced in the startup and innovation sector and that government programmes for enterprise development would be advanced in partnership with the private sector.

Forum Chair Juna Mathema briefed the meeting on the forum’s activities, partnership expansion, startup showcases, and policy dialogue programmes, stressing the need to further strengthen entrepreneur-investor platforms in the coming days.

Published in The Rising Nepal daily on 19 February 2026.     

FM Sharma calls on Bangladeshi PM

Kathmandu, Feb. 17

Minister for Foreign Affairs Bala Nanda Sharma called on the newly elected Prime Minister of Bangladesh Tarique Rahman on Tuesday evening.

He handed over a congratulatory message from the Prime Minister Sushila Karki, the Embassy of Nepal in Dhaka informed in a statement.

In her message, PM Karki congratulated Rahman on his election and expressed her willingness to work together in a spirit of mutual respect, shared commitment, and partnership to ensure that Nepal-Bangladesh ties continue to flourish for the mutual benefit of the two countries and peoples. 

FM Sharma also congratulated Rahman on leading the Bangladesh Nationalist Party (BNP) to a resounding victory in the national elections held on 12 February 2026 and commended the Government of Bangladesh for the successful conduct of elections and smooth transition to the democratic process.

Foreign Minister Sharma attended the Oath-taking Ceremony of Prime Minister Rahman. President of Bangladesh Mohammed Shahabuddin administered to them the oath of office at a special ceremony held at the National Parliament (Jatiya Sangsad) campus. 

According to the Embassy, the Bangladeshi Prime Minister underscored that FM Sharma's visit reflected the solidarity and goodwill of the government and people of Nepal towards the government and people of Bangladesh.

"The two leaders reaffirmed their shared commitment to further strengthening the enduring partnership between Nepal and Bangladesh and held a constructive exchange on advancing bilateral cooperation across areas of trade, investment, energy, connectivity, education, and tourism, among others," read the statement.  

Prime Minister Rahman expressed his best wishes for the upcoming parliamentary elections in Nepal. 

Foreign Minister Sharma also held a meeting with the leader of the opposition and Ameer of Bangladesh Jamaat-e-Islami Dr. Shafiqur Rahman. During the meeting, the two leaders deliberated on key areas of bilateral cooperation.

FM Sharma reached Bangladesh on Monday, and will return to Nepal on Thursday.  

Published in The Rising Nepal daily on 18 February 2026.     

NAIMA seeks review of taxi service standards

Kathmandu, Feb. 17

The Nepal Automobile Importers and Manufacturers Association (NAIMA) has submitted its detailed suggestions on practical and policy-related issues observed in the currently implemented National Standards for Vehicles Used as Taxis, 2081.

It has submitted a letter to the Minister at the Ministry of Physical Infrastructure and Transport, Madhav Prasad Chaulagain.

According to NAIMA, the Taxi Service Standards, 2081 classify taxi services into three categories - ordinary, special, and premium. The standards clearly define technical, safety, and service specifications, and any vehicle meeting these requirements may be included in taxi services.

At present, however, only sedan-type vehicles are permitted to operate as taxis in Bagmati Province.

NAIMA has drawn attention to the fact that, under the national standards, any vehicle falling within the ordinary, special, or premium categories and fulfilling all prescribed technical, safety, and service requirements is eligible for taxi service.

The association said in a statement that there appears to be no clear justification for excluding other useful, passenger-friendly vehicles suited to diverse needs, apart from sedans. "Allowing various vehicle categories that meet the standards would provide taxi operators with greater flexibility, while offering passengers improved comfort, luggage space, accessibility (including disability-friendly features), and more options based on group size," read the statement.

According to NAIMA, the letter also refers to international practice, noting that taxi services in many countries operate using vehicles of different sizes and categories.

In Nepal, particularly in Bagmati Province, options remain limited. Although some other cities permit different vehicle categories for taxi services, the absence of such provisions in Bagmati has created practical disparities.

In this context, NAIMA has suggested that permitting all vehicles that meet the prescribed technical, safety, and service specifications under the ordinary, special, and premium categories would be appropriate from the perspectives of fairness, equality, and service expansion.

NAIMA has expressed full respect for the objectives and intent of the policy framework prepared by the Ministry, clarifying that its recommendations are based on industry experience, practical needs, and the goal of enhancing service quality.

Published in The Rising Nepal daily on 18 February 2026.