Nepal, Japan exchange notes to mark 70 years of relations

 Kathmandu, Sept. 1

Nepal and Japan have exchanged congratulatory messages on the occasion of the 70th anniversary of the establishment of diplomatic relations between the two countries.

Foreign Minister Shisir Khanal, in his message to his Japanese counterpart Motegi Toshimitsu, has extended warm greetings and felicitations to the latter and through him to the Government and friendly people of Japan, the Ministry of Foreign Affairs (MoFA) informed in a statement.

FM Khanal appreciated the valuable support received from Japan, which is one of the largest development partners, in Nepal’s development endeavors, and said that substantial engagements at different levels between the two sides in the areas of trade, investment, energy, infrastructure, tourism, education and culture have been growing steadily.

He has also expressed confidence that the enduring multifaceted partnership will be further consolidated and enhanced in the years ahead.

Similarly, Japanese FM Motegi, in his message to FM Khanal, has mentioned that since the establishment of diplomatic relations in 1956, the two countries have deepened cooperation across a wide range of areas, including economy, culture, education, and people-to-people exchanges and forged an amicable relationship.

Referring to the opening of the Nagdhunga Tunnel, constructed through Japanese loan assistance, he has said that it would contribute to improving people’s lives and stimulating economic activities in Nepal.

President Ramchandra Paudel had visited Japan in February this year to commemorate the 70th anniversary of diplomatic relations.

Motegi also expressed desire to further promoting exchanges and cooperation between the two countries across a broad range of fields, informed the MoFA.

Published in The Rising Nepal on 2 September 2026.   

NDP to issue 20% share to the public

Kathmandu, Sept. 1

The second annual general meeting of Nepal Development Public Limited (NDP) has approved a proposal to distribute bonus shares equivalent to 2.5 per cent of the company's paid-up capital from the profit earned in the last fiscal year 2025/26. That year, NDP posted a profit of Rs. 73.3 million after tax. The company's total paid-up capital has now reached Rs. 1.18 billion.

It also approved a cash dividend of Rs. 1,557,343 to cover the tax payable on the bonus shares.

The meeting also approved a provision to allocate 20 per cent of the company's issued capital for the general public, and authorised the Board of Directors to merge with or acquire other companies whose objectives are aligned with those of the company. The company was established with an aim to make it a Rs. 10 billion financial institution.

The company statute has been amended to make it able to seek support from international funds such as the Green Climate Fund and blended finance facilities.

Speaking at the meeting held earlier this week, company chairman Chandra Prasad Dhakal said that the company was established with the objectives of mobilising investment for large infrastructure projects from domestic capital, sending a message that Nepal has an investment-friendly environment, and creating investment and employment opportunities within the country for young people.

“Economic transformation is possible only if we can mobilise capital scattered across the country and abroad and invest it in productive sectors, major infrastructure and important projects,” he said. According to him, the company's shareholder base has now expanded to all 77 districts of the country.

Published in The Rising Nepal on 2 September 2026.   

Govt asks grieving families for DNA samples

Kathmandu, Sept. 1

The government said that the immediate family members of those missing in the devastating Bhotekoshi floods are requested to contact Nepal Police Hospital, Maharajgunj, Kathmandu or nearest District Police Office across the country to send the DNA profiles in order to match with the missing ones.

In the case of those residing abroad, the immediate family members can have their DNA profiles prepared in the country of residence and send it to the Nepal Police.

"The DNA profile is requested to be sent to the official email of the Nepal Police, dnacodis@nepalpolice.gov.np. We have officially communicated this information to the relevant countries through diplomatic channels," Spokesperson of the Ministry of Foreign Affairs (MoFA) Lok Bahadur Poudel Chhetri informed at a press meet on Tuesday.

As the number of dead bodies and mortal remains kept on growing amidst the lack of preserving facilities, the government had decided to bury them with identification number following the international protocol with a possibility to exhume them when needed.

The floods claimed 1,010 lives and left around 4,000 people still unaccounted for, as of Tuesday afternoon.

Where remains cannot be immediately identified or safely preserved, temporary burial has been carried out after the necessary forensic procedures, including the collection of DNA samples.

According to Chhetri, the process is designed to facilitate identification at a later stage and enable families to receive the mortal remains of their loved ones for final rites once identification is established.

"In view of the difficult circumstances and the increasing number of recovered mortal remains, the concerned authorities are following established protocols for their management and identification," said Chhetri.  

 

21,000 security personnel mobilised

On the seventh day since the catastrophic floods, a unified force of more than 21,000 personnel from the Nepal Army, Nepal Police and Armed Police Force is engaged in search, rescue, evacuation and relief operations across the affected areas. The devastating floods swept away settlements, livelihoods and critical infrastructure.

At the same time, the government continues to coordinate closely with the immediate neighbours and the wider international community to identify and mobilise specific expertise, equipment and resources required for the ongoing rescue and relief operations.

Specialised tunnel rescue teams from India and China are mobilised at the affected hydropower sites. A team from Republic of Korea has also arrived. According to Chhetri, the Indian tunnel rescue teams are working closely with the Nepali Army at the Chilime and Langtang hydropower sites, while a Chinese team is working in coordination with the Nepali Army at the Upper Trishuli 3A project site.

"We have also received specialised equipment for the management and preservation of mortal remains. A 19-member forensic team from India specialising in DNA analysis continues to work with the concerned Nepali authorities since 29 August. A forensic team of 4 people is arriving from China this evening," said Chhetri.

Meanwhile, coordination is also underway to mobilise a Disaster Victim Identification team from Singapore. The government has also requested for the supply of LiDAR, belly bridges, freezers, DNA testing kits, load carriers, bags for human remains, high-capacity drones, gene sequencer and other items.  

Likewise, the government informed that the scale and extent of the damage caused by the disaster are becoming clear as access has improved and more details are now available.

The scale of damage is currently being assessed by the concerned authorities, including the damage to houses, roads, bridges, hydropower facilities and other critical infrastructure.

Chhetri reiterated that given the magnitude of the destruction, Nepal anticipates requiring substantial international support during the rehabilitation and reconstruction phase. The government will communicate specific requirements through established official channels.

Published in The Rising Nepal on 2 September 2026.   

AFNA calls for unity in time of national crisis

Kathmandu, Sept. 1

The Association of Former Ambassadors of Nepal (AFNA) has called upon political parties, civil society and people to rise above partisan interests and differences and work together in the spirit of national unity and solidarity during the hour of crisis unfolded by the devastating floods in the Bhotekoshi River last week.

"In times of national crisis, saving lives and protecting the dignity and welfare of the affected people must be the common objective and responsibility of all. AFNA also urges all to contribute to Prime Minister Disaster Relief Fund," it said in a statement on Tuesday.

Through the statement issued by Chairman Choplal Bhusal and General Secretary Bhim Udas, AFNA requested the government to undertake a comprehensive assessment of the damage and losses and to ensure that relief and rehabilitation programmes reach affected people promptly, transparently and equitably.

Appreciating the efforts of the government, security forces, local authorities, humanitarian agencies, volunteers and citizens who have been engaged in search, rescue, relief and emergency responses, the association said that special attention should be given to children, women, senior citizens, persons with disabilities and other vulnerable groups.

It expressed deep sorrow and profound concerns over the loss of human lives, injuries, displacement, and extensive damage of properties including private houses, and public infrastructure. 

Published in The Rising Nepal on 2 September 2026.   

FM to work with NRNA in relief works

Kathmandu, Aug. 31

Foreign Minister Shisir Khanal has expressed the government's commitment to working with the Non-Resident Nepali Association (NRNA) and the international community for their support during the difficult time of disaster.

During a meeting with a delegation led by the NRNA International Coordination Council President Dr. Hem Raj Sharma at the Ministry of Foreign Affairs (MoFA) on Monday, Minister Khanal welcomed the NRNA's initiative to mobilise Nepali communities abroad by bringing them together and engaging them in disaster management and reconstruction efforts.

He pledged that the MoFA would maintain continuous coordination, cooperation and facilitation with the NRNA in this regard.

Saying that the government alone could not undertake the rehabilitation and reconstruction required after such a major disaster, FM Khanal stressed the need to work with the NRNA and the international community throughout all stages, from relief to rehabilitation and reconstruction.

He said the NRNA could coordinate with local governments and relevant agencies to distribute relief materials and should provide the government with the necessary details both before and after relief distribution.

On the occasion, Dr. Sharma, on behalf of the NRNA, handed over Rs. 10 million to the Prime Minister's Disaster Relief Fund. It had announced that it would provide Rs. 50 million in relief and humanitarian assistance to disaster-affected people.

Dr. Sharma said that, alongside addressing the immediate needs of affected families, the association was preparing to provide further support for relief, healthcare and rehabilitation in coordination with the relevant authorities.

 

FM talks to FMs of Singapore, Malaysia

FM Khanal held telephone talk to his counterpart of Singapore Dr. Vivian Balakrishnan, and of Malaysia Mohamad Haji Hasan on Monday.  

Dr. Balakrishnan and Hasan expressed his sorrow over the loss of lives and property caused by the floods and landslides and conveyed Singapore's solidarity with Nepal.

They said that their governments were ready to provide humanitarian assistance based on Nepal's identified needs.

Singapore is also preparing to provide a Disaster Victim Identification (DVI) team and drones to support the ongoing search and relief operations, while Malaysia expressed its readiness to provide further assistance based on Nepal's identified needs.

During the conversation, FM Khanal briefed them on the government's efforts in post-disaster search, rescue, relief and rehabilitation. He said the search for missing persons was continuing.

Published in The Rising Nepal on 1 September 2026.   

Govt seeks freezers, DNA kits and drones for Bhotekoshi disaster response

 Kathmandu, Aug. 31

With the growing challenge to manage the dead bodies and mortal remains of the people killed in the devastating Bhotekoshi foods, the government has requested various countries for freezers, DNA testing kits and LiDAR, Disaster Victim Identification (DVI) and high-capacity drones.

"We have requested for essential non-food items and services like freezers, DNA testing kits and LiDAR from USA, relief specific items like DVI from Singapore, Bailey bridges and high-capacity drones from China and Singapore," Spokesperson of the Ministry of Foreign Affairs (MoFA) Lok Bahadur Poudel Chhetri informed at a press meet on Monday.

Some of the similar items are also expected from Japan and the Republic of Korea very soon, he said.

Chhetri reiterated that Nepal immediately needed assistance and support for rescue and relief operations, in areas like tunnel rescue, freezers, LiDAR, DNA and forensic expertise. "Later during the rehabilitation and reconstruction phase, we will require a significant level of support, which will be determined by Post Disaster Need Assessment (PDNA)," he said.

So far, Nepal has received airtight bags for the management of the dead bodies while more are also being delivered. A team of 18 forensic experts from India specialising in DNA analysis is here since August 29.

Nepali agencies are working with specialised technical teams for tunnel rescue from India and China in coordination in Mailung (Chilime) and Syafrubesi, and in Upper Trisuli 3A respectively. A team from Republic of Korea is also mobilised.

The government is coordinating with the international community, including the immediate neighbours, for additional support.

According to the MoFA, a coordination to mobilise DVI Team and drones from Singapore is under way.

In a telephone talk with Foreign Minister Shisir Khanal on Monday, Singapore's Foreign Minister Dr. Vivian Balakrishnan said that Singapore was ready to provide humanitarian assistance based on Nepal's needs.

Nepal has received rescue support from India, China, Japan, the United States, United Arab Emirates, South Korea, and other countries and partners. "Items in this regard include bridge units, freezers, generator sets, solar lamps, DNA testing kits, bridge units, emergency relief equipment as well as tents, blankets, sleeping bags, food packets and medicines," said Chhetri.

Likewise, the relief materials have been received from India China and the UAE and other countries. More supplies are coming from the UAE, Myanmar, USA, Qatar, UK, Australia, Republic of Korea, Japan, New Zealand, Malaysia, Singapore, Australia, Myanmar, Bangladesh, Pakistan and other friendly countries and international organisatons and partners like UN, WHO, WFP and UNICEF, informed Chhetri.

"We have also received generous pledges of monetary assistance from our friends and partners from across the world. We deeply value support and assistance in this difficult time, and we are truly grateful," he said.

 

'Rehabilitation support will require'

Chhetri said that since the damage caused by the floods is extensive, a preliminary assessment of the needs is currently under way and a detailed PDNA will be carried out for the actual figures for rehabilitation and reconstruction of those critical infrastructure, like houses, road networks, bridges and hydropower facilities have been damaged.

"We anticipate requiring international assistance for rehabilitation and reconstruction. As the assessment progresses, we will communicate specific requirements later," he stated.

Meanwhile, Nepali diplomatic missions are constantly sharing and updating verified information, and facilitating communication with families of the foreigners killed or missing in the disasters. "They are ready to extend any necessary assistance, identification and repatriation procedures," according to the MoFA.

Many foreign nationals are still missing. So, a dedicated Emergency Control Room at the Ministry is coordinating with relevant agencies as well as with the families of missing people.

About 590 foreign nationals from 39 countries are still missing.

After returning from an inspection of the flood-hit areas on Sunday, Foreign Minister Shisir Khanal said that the ground reality is much more complex and devastating than what people have seen and understood through different mediums.

"The word 'flood' can hardly capture the actual experience and reality during this difficult time," he said.

The MoFA also informed that there has been a regular real-time exchange of information between Nepal and China concerning hydrological and meteorological data, as well as information related to flood risks, avalanches, glacial lakes, water-induced disasters, among others.

By Monday afternoon, 903 bodies have been recovered from the areas while about 4,200 people are still unaccounted for. Over 10,000 people have been rescued from the regions, including over 323 foreign nationals. 

Published in The Rising Nepal on 1 September 2026.   

Foreign experts on tunnel rescue, DNA analysis begin work

Kathmandu, Aug. 30

The Ministry of Foreign Affairs (MoFA) said that tunnel rescue experts from India, China and Republic of Korea have been mobilised, in coordination with the Nepali Army, to rescue the persons trapped in tunnels of hydropower projects in Rasuwa.     

"The situation is being effectively handled by unified teams of our security and other agencies. Our agencies are working with specialised technical teams for tunnel rescue from India (11 people) and China (9 people) and Republic of Korea," Foreign Secretary Amrit Bahadur Rai informed at a press meet organised at the Ministry on Sunday.

The government has also received airtight bags for the management of the dead bodies and more are also being delivered. A team of 18 forensics experts from India specialising in DNA analysis has also arrived.

The government is coordinating for additional experts and equipment for the same. However, it is yet to make any estimates for the people trapped in the tunnels of the hydropower projects.

Meanwhile, Rai also expressed concerns over false reports circulating in national and foreign media that Nepal rejected international assistance and support.

"We have requested international support only to cater particular purpose such as tunnel rescue team at this rescue and relief state. We will require a significant level of support in the phase of reconstruction," he said.

He informed that the government has asked for freezers to preserve dead bodies which is a top priority. Support and expertise are also sought for DNA testing, for which, the country needs about 1000 freezers and several personnel for DNA testing.

With regard to the government’s priority for the search, rescue and relief operations, Prime Minister Balendra Shah is engaged in coordinating and supervising this operation.

He had telephone conversation with Indian Prime Minister Narendra Modi and Pakistani PM Shehbaz Sharif, while Foreign Minister Shisir Khanal talked to his counterparts and dignitaries of India, China, the United Kingdom, South Korea, Australia, Bangladesh, South Africa, Venezuela and USA, among others.

 

Nepal continues to receive foreign support

Relief and humanitarian assistance are being provided in the affected areas. Nepal has received relief materials from India China and UAE and other countries. Essential items are also being received from the USA, Japan, Qatar, Singapore, Australia, Malaysia, Myanmar, Bangladesh, Pakistan and other countries and partners.

"As relief operations continue, further assessments are being made and we will reach out to our neighbours and international partners for additional assistance and support as needed," said Rai.

Given the extensive damage to critical infrastructure, houses, road networks, bridges and hydropower facilities, a detailed assessment of the needs is currently underway for the Post Disaster Need Assessment (PDNA). "We anticipate requiring international assistance for rehabilitation and reconstruction. As the assessment progresses, we will communicate specific requirements later," Rai said.

According to the Foreign Ministry, the government is mobilising all resources at its disposal for the search, rescue and relief operations. Separate teams including security personnel, provincial and local governments, medical and emergency responders are continuously working together in the affected areas of Rasuwa, Nuwakot, Dhading, Gorkha and Chitwan Districts to locate, search, rescue and assist them who have been affected and need urgent help.  

It reiterated that the relief operations of the government continue to focus on providing immediate and all necessary assistance, including emergency medical care, food, safe drinking water, temporary shelter and other essential supplies.

 

ECR coordinating for missing foreign people

Stating that in this hour of difficulty, the government continues its close communication and coordination with our immediate neighbours and international community, Rai said that the Emergency Control Room at the MoFA is coordinating with relevant agencies as well as with the families of missing foreign people.  

Nepal's diplomatic missions are also constantly sharing and updating verified information, and facilitating communication with families and extend any necessary assistance, identification and repatriation procedures.  

By Sunday, around 19,000 security personnel and 16 helicopters have been mobilised in the areas affected by the devastating floods occurred in the Bhote Koshi River on August 26.

In view of the rainy season and possible floods, the river systems and downstream flood risks are being continuously monitored. Our systems are on high alert for any additional flood risks and all required coordination is in place.  

Meanwhile, dead bodies and mortal remains have been buried temporarily and can be extracted and provided to the concerned family when they were identified in future, said Rai.

"Following standard and accepted protocols such as those by ICRC, the mortal remains of the dead – especially those not recognisable, amputated and decomposed due to longer time exposure to water – have been temporarily buried," he said.

Medical teams take DNA samples from every victim prior to the burial so that families can match records later, and will be allowed to exhume for necessary rituals.    

Published in The Rising Nepal on 31 August 2026.   

NRNA distributes relief materials in Rasuwa

Kathmandu, Aug. 30

The Non-Resident Nepali Association (NRNA) has distributed 3000 items of clothing and 50 solar lights on Sunday to around 400 children temporarily sheltering in Gosainkunda, Uttargaya and Kalika rural municipalities in Rasuwa.

The support was distributed with the support from NRNA CHINA.

A team led by NRNA China Vice-President Pradeep Nepal, which travelled to Rasuwa, distributed the relief materials to the affected children. The NRNA said the clothing and solar lights were provided to meet the immediate needs of children affected by the floods. Prior to this, the NRNA had provided relief materials worth Rs. 5 million in Nuwakot over the previous two days, it informed in a statement on Sunday.

According to the statement, the association has also been in contact with local residents and concerned individuals in flood-affected areas including Thuman, Uttargaya and Gosainkunda in Rasuwa, as well as Aankhutaar, Trishuli Bazaar and Shole in Nuwakot, to assess the current situation, the problems faced by affected residents and their immediate needs.

Based on the information collected, the association said it has formulated a strategy for future relief, rehabilitation and support to address both the immediate and long-term needs of those affected. It has also met people displaced by the floods who have arrived in Kathmandu to learn about their current situation, problems and needs.

Under the NRNA's relief campaign, commitments for assistance worth Rs. 48.27 million have so far been received. The funds collected would be deposited into the Prime Minister's Disaster Relief Fund after the relief and humanitarian assistance have been provided, read the statement.

It also said it would prepare and make public transparent details of the assistance collected through various National Coordination Councils (NCCs).

Alongside relief efforts, the NRNA has continued providing health and medical assistance, taking into account the health conditions of those affected. A team of healthcare professionals led by Dr Sanjeev Sapkota will travel to Nuwakot on Monday.

The team will conduct health check-ups and provide necessary medical services to affected residents. Arrangements have also been made to refer patients requiring further treatment to the relevant health institutions.

Published in The Rising Nepal on 31 August 2026.   

NAIMA pledges Rs. 5M relief aid

Kathmandu, Aug. 30

The Nepal Automobile Importers and Manufacturers Association (NAIMA) has decided to contribute Rs. 5 million to the Prime Minister Disaster Relief Fund to support relief and rehabilitation efforts for communities affected by the devastating flood in the Bhotekoshi River in Rasuwa.

NAIMA has expressed deep sorrow over the loss of lives and property caused by the disaster. The Association extends its heartfelt condolences to the bereaved families, pays tribute to those who lost their lives, and wishes a speedy recovery to the injured.

NAIMA has also acknowledged the support extended by its member companies during this difficult time. Since the onset of the disaster, member companies have contributed to relief and rescue efforts through financial assistance, transportation support, logistics, and other forms of assistance.

Noting that NAIMA has supported the government and affected communities during disasters and emergencies since its establishment, NAIMA President Ritu Singh Vaidya said, “Supporting the government and affected citizens during times of disaster is a shared responsibility of the private sector. Effective relief and rehabilitation can only be achieved through strong cooperation among the government, private sector, and communities.”

NAIMA has also expressed its appreciation to the government and security agencies, health professionals, rescue personnel, volunteers, local communities, and organizations engaged in search, rescue, and relief efforts.

The Association has encouraged stakeholders across the automobile and mobility sector to extend support to affected communities according to their capacity and available resources.

Published in The Rising Nepal on 31 August 2026.   

Minister Khanal cancels Serbia visit

Kathmandu, Aug. 29

Foreign Minister Shisir Khanal has cancelled his trip to Serbia owing to the devastating floods that struck Rasuwa, Nuwakot and other areas on last Wednesday.

His secretariat issued a statement on Saturday to inform that he will not be travelling to Serbia.

Minister Khanal was scheduled to travel to Belgrade, the capital of Serbia, on Sunday to attend the High-Level Commemorative Meeting of the Non-Aligned Movement (NAM) scheduled on 31 August and 1 September.

As decided by the Cabinet decision of August 11, a three-member Nepali delegation led by FM Khanal had been preparing to attend the event.

However, following the extensive loss of life and property caused by the devastating floods in Rasuwa, Nuwakot and other areas, he has decided not to travel to Serbia.

Nepal will instead be represented at the meeting by a two-member delegation led by Krishna Prasad Dhakal, Head of the United Nations and International Organisations Division at the Ministry of Foreign Affairs.

The first NAM Summit was held in Belgrade in 1961. The meeting is being organised in Belgrade this year to mark the 65th anniversary of the first summit.

Published in The Rising Nepal on 30 August 2026.   

Businesses contribute fund for rescue, relief

Kathmandu, Aug. 27

Organisations, companies and individuals have donated money to the Prime Minister's Disaster Relief Fund (PMDRF) to support the rescue, relief and rehabilitation of people affected by the devastating floods in the Bhotekoshi river that swept people and settlements in Rasuwa and Nuwakot districts,

The Nepal Rastra Bank (NRB) has removed the maximum limits on digital payments to the accounts designated for the PMDRF. It has directed the Banks and Financial Institutions to make necessary arrangements to allow transfer of any amount of the fund.

The government has made the collection of financial support one-door. Finance Minister Dr. Swarnim Wagle began to accept the contribution to the Fund through the one-door system, informed the Finance Ministry. He accepted the cheque bearing Rs. 30 million from Kumari Bank Limited handed over by its CEO Ram Chandra Khanal.

Kumari Bank has also dispatched five surveillance drones valued at approximately Rs. 3.9 million, three 5 KVA generators, and 100 power banks to the Nepali Army camp in Nuwakot to assist rescue and monitoring operations.

The Non-Resident Nepali Association (NRNA) was among the first to announce the relief support of Rs. 50 million. It initiated relief distribution for families affected by the flood on Thursday. It's President Dr. Hem Raj Sharma, informed that relief materials including tents, food, clothing, and medicines are being distributed to 500 affected families in Nuwakot in coordination with local authorities. The Association has also decided to dispatch medical teams to affected areas, and mobilize national coordination councils globally.

Global IME Bank Limited announced financial assistance of Rs. 50 million to the Fund. The bank informed that the support has been provided under Corporate Social Responsibility (CSR) to assist in search operations, treatment of the injured, provision of food and shelter, and reconstruction of damaged infrastructure in flood-affected riverbank areas, including Rasuwa, Nuwakot, Dhading, Gorkha, and Chitwan.
Likewise, the Independent Power Producers' Association, Nepal (IPPAN) and its member hydropower companies decided to contribute Rs. 50.5 million to the PMDRF. It also said that it will coordinate with the government for the reconstruction and rehabilitation of damaged operational and under-construction hydropower projects.

Nepal Bank Limited has donated Rs. 31 million to the fund. Sanima Bank Limited also announced a contribution of Rs. 22.5 million to the PMDRF.

Similarly, the Golchha Group announced a contribution of Rs. 15 million to the Fund to support relief, rescue, and recovery efforts for people affected by flooding.

"In moments like these, the private sector must come together and stand alongside the government and our communities, doing whatever we can to support relief and recovery efforts," said the Group.

Kalika Construction Pvt. Ltd. provided Rs. 10.01 million to assist victims of flooding and landslides.

Maxus Nepal, in coordination with Saic Maxus Automotive Co. Ltd., China, has allocated Rs. 7 million for relief and recovery operations. The contribution includes Rs. 5 million committed to the PMDRF, while the remaining Rs. 2 million is dedicated to procuring and directly distributing relief supplies to affected communities.

Similarly, Udhyog Sangathan Morang has provided Rs. 1.5 million in cash assistance as humanitarian support. It handed over a cheque for Rs. 1.5 million to Morang Chief District Officer Yuba Raj Kattel on Wednesday for deposit into the PMDRF. It has also urged all its member industries and institutions to contribute to government relief and rescue funds according to their capacity.

The NADA Automobiles Association of Nepal informed that it has decided to provide Rs. 1 million to the Fund, and appealed all stakeholders to contribute to the rescue, relief and reconstruction of affected areas.

Similarly, Divakar Golchha Organisation has announced that it will provide construction materials – galvanised sheets and pipes – required to establish temporary rehabilitation centres for families affected by the recent floods. The initiative is intended to provide temporary accommodation for displaced families.

Issuing a statement, Nepal Chamber of Commerce (NCC) said that it has started collecting and distributing relief materials to support the rescue, relief and rehabilitation of people affected by the disaster. It has provided cash and goods through the respective district chambers in Rasuwa, Nuwakot and Dhading and said further assistance would be provided according to need. To support rescue operations, the Chamber has sent a drone with a 50-kilogram payload capacity and a surveillance drone to Bidur Municipality. Preparations are under way to send another drone with a 100-kilogram payload capacity.

The Confederation of Nepalese Industries (CNI) has established a Disaster Response Committee to provide essential relief materials to affected citizens and support reconstruction and other necessary activities. The committee has begun collecting and distributing relief materials.

The Confederation of Banks and Financial Institutions Nepal and Nepal Bankers' Association (NBA) said that the banks and financial institutions are making alternative arrangements to restore banking access for customers in affected areas as soon as possible.

They will also coordinate with the government and the NRB to adopt appropriate policy and operational measures.

The banking sector is committed to supporting the government’s relief, rescue and rehabilitation efforts and will contribute as much as possible to assisting affected employees, their families and citizens, said the NBA.

Published in The Rising Nepal on 28 August 2026.   

FM Khanal talks with China's Wang

 Kathmandu, Aug. 29

Foreign Minister Shisir Khanal held a telephone conversation with his Chinese counterpart Wang Yi held on Saturday, and discussed the ongoing search, rescue and relief operations in the flood-affected areas.

According to the Minister's secretariat, the two leaders discussed the repatriation and rescue of Nepali citizens stranded in China due to the floods. Foreign Minister Khanal, through Minister Wang, expressed his gratitude to the Government of China for the emergency humanitarian relief and assistance it has provided at this difficult time.

The talks also covered ways to make the real-time exchange of hydrological and meteorological data between Nepal and China more effective.

"Both sides stressed the need to enhance cooperation in developing effective early-warning systems to reduce the risk of such disasters in the future and to further strengthen existing mechanisms between the two countries," read a statement from the Ministry.

They also discussed the need for continued coordination and cooperation to make disaster management, information sharing and early-warning systems between Nepal and China more effective.

During the call, both leaders expressed deep sorrow over the loss of lives and property caused by the devastating floods in the Rasuwagadhi–Gyirong port area in both countries. They paid tribute to those who lost their lives and expressed condolences to the bereaved families.

Meanwhile, the Embassy of China in Kathmandu, said that Chinese expert teams have always made every effort, within the limits of existing technologies, to conduct monitoring, assessment and analysis, and have shared important information with the Nepali side in a timely manner.
Issuing a statement in response to recent comments in media accusing China of failing to warn Nepal of the mudslide disaster, the Embassy said that, on August 26, the China Meteorological Administration held an urgent virtual meeting with the Department of Hydrology and Meteorology of Nepal to assess the disaster situation and share data simultaneously.

"China is currently continuing to share hydrometeorological information with Nepal, including monitoring data on the barrier lake, to jointly support disaster relief and prevention efforts. The China Meteorological Administration has provided Nepal with preliminary customized services under the 'MAZU' - the Chinese Intelligent Meteorological Early Warning Solution, enhancing the two countries' capacity to respond to transboundary disasters," read the statement.

It highlighted the importance and sincere attitude of China to Nepal's needs for disaster prevention cooperation, and said, "We are confident that exchanges and cooperation between Nepal and China in these areas will be further deepened, better safeguarding the safety and well-being of the people of our two countries."

Citing the research findings by Chinese and international experts, the Embassy said that risk points in the Himalayan region are highly dispersed. A large number of glacial lakes and ice-rock masses are located in high-altitude frigid zones at elevations of 4,000 to 5,000 meters or above, where routine ground surveys by personnel cannot achieve the same comprehensive coverage as in low-altitude areas.

"Furthermore, image errors on steep slopes and high-precision monitoring over vast and complex terrains remain international challenges," it said. 

Published in The Rising Nepal on 30 August 2026.   

Govt asks for specialised support from India, China

Teams from both neighbours reach the site on Saturday

 

Kathmandu, Aug. 29

The Ministry of Foreign Affairs (MoFA) said on Saturady that the government has asked for specific and specialised assistance from neighbours to further strengthen search-and-rescue efforts in areas such as opening the tunnels where people have been trapped.

Such support would be accepted in technologies that help Nepal locate people alive in the affected areas, quick forensic and DNA analysis and mortuaries to keep the bodies, Foreign Minister Shisir Khanal said at a press meet at the MoFA.

According to him, although security agencies and other response teams are currently handling the situation effectively, specialised support is sought to handle complex situation faced during the rescue as the operations continued.

An eleven-member specialised technical reconnaissance team for tunnel rescue from India has been mobilised and a tunnel rescue team from China has also arrived on Saturday.

Speaking at the first press meet following the devastating flood in the Bhotekoshi River on last Wednesday, August 26, swept away people, residences and livelihood, FM Khanal said that the government has mobilised all available resources and efforts at its disposal for search, rescue, relief and recovery operations, with particular attention to people who remain missing, including both Nepali and foreign nationals.

"This is currently our national priority," he said.

The priority of the government is to save lives, locate missing persons, rescue them, provide urgent relief to survivors, and ensure that affected Nepalis as well as foreigners receive appropriate assistance and support.

The search and rescue teams including security personnel, provincial and local governments, medical and emergency responders are continuously working together in the affected areas of Rasuwa, Nuwakot, Dhading and Chitwan districts to locate, search, rescue and assist them who have been affected and need urgent help.

 

More support needed for reconstruction

According to the MoFA, relief and humanitarian assistance are being provided in the affected areas. The country has received more than 57 tonnes of relief materials from India. Essential items were also received from China, Japan, Australia and other friendly nations.

"As relief operations continue, further assessments are being made and we will reach out to our neighbours and international partners for additional assistance and support as needed," said FM Khanal.

Given the extensive damage to critical infrastructure, houses, road networks, bridges and hydropower facilities, the government is conducting a detailed assessment of the needs, and its report will be ready soon.

FM Khanal said that the scale of the devastation is quite significant, and the country anticipates requiring international assistance for rehabilitation and reconstruction. He said,
"As the assessment progresses, we will communicate specific requirements later."

Expressing concerns over some false reports circulating in national and foreign media that Nepal has rejected international assistance and support, he clarified that the scale of devastation is extremely huge, and support and assistance are required, not just in the phase of rescue and relief, but more so in the phase of reconstruction.

According to the MoFA, relief operations are focused on providing immediate and all necessary assistance, including emergency medical care, food, safe drinking water, temporary shelter and other essential supplies.

The government is in close communication and coordination with 'our immediate neighbours and international community'.

As many foreign nationals are also missing, a dedicated Emergency Control Room has been established at the Ministry. "Our diplomatic missions are also constantly sharing and updating verified information, and facilitating communication with families and extend any necessary assistance, identification and repatriation procedures," said the Minister.

Published in The Rising Nepal on 30 August 2026.   

Ncell extends free service in flood-hit areas

Kathmandu, Aug. 29

Ncell has extended its free voice, data and SMS services in flood-affected areas by 7 days, effective from Saturday, to facilitate communication, search and rescue, and relief distribution efforts.

"With this extension, these services will now be available free of charge in the affected areas for additional one week," the company informed in a statement.

Earlier on Wednesday, Ncell had announced free data, on-net voice calls and 100 free SMS for three days for people in areas affected by the severe flooding in the Bhotekoshi River in Rasuwa.

Stating that communication services play a vital role during disasters by facilitating information sharing, coordination, and search, rescue and relief efforts, Ncell said that it has extended the free service period to make it easier for people in the affected communities to stay connected with their families, loved ones, and teams involved in rescue and relief operations.

Upanga Dutta, Chief Consumer Business Officer of Ncell, said that he company has restored 18 mobile towers that were disrupted due to the floods in the affected areas and is continuing efforts to restore remaining nine affected sites.

Similarly, Ncell through its Ncell Foundation contributed Rs. 10 million to the Prime Minister Disaster Relief Fund on Thursday.

Meanwhile, Nepal Telecom has resumed its services through a tower located alongside the Trishuli 3A Hydropower Project in Rasuwa. This will make communication easier for the rescue operations being carried out in the tunnel of the hydropower project, the company said in a statement.

The generator and fuel required to operate the tower were transported to the site using the company’s vehicles and by human carriers over a distance of nearly one hour. The company’s technicians conducted the necessary technical tests before bringing the tower into operation.

Similarly, the Tupche BTS in Rasuwa district has also resumed operation from Saturday. Services have now been restored in the vicinity of the Trishuli 3B project site, Betrawati and parts of Kalikasthan through this site.

Published in The Rising Nepal on 30 August 2026.   

Women, girls affected disproportionately in disasters: UN Women

Kathmandu, Aug. 29

An estimated 157,050 women and girls living in Rasuwa and Nuwakot districts have been directly and indirectly affected by flash floods that swept through communities on 26 August 2026, UN Women stated in a statement.

More than 500 people have been killed and nearly 1,000 remain unaccounted for by Friday. Some 10,000 homes have been washed away, while critical infrastructure has been destroyed. With search and rescue operations still underway, the full scale of the disaster continues to emerge.

"Survivors now face severe shortages of food and water, disrupted health and protection services, and heightened risks of violence and exploitation. These risks are particularly acute for women and girls," read the statement.

Patricia Fernandez-Pacheco, UN Women Representative to Nepal, said that existing risks for women and girls skyrocket when disasters hit. "More women and girls are exploited and abused. More women and girls go hungry and without medicine when resources are scarce. There is even evidence from previous disasters to suggest women are more likely to die than men,” she said.

According to the UN Women, in all disasters, women and girls are impacted disproportionately. In addition to increased risks of violence and exploitation, women take on vastly greater unpaid care responsibilities than men, are forced to travel even further to secure water, and fall quicker and more deeply into poverty.

Women also experience barriers to accessing information and assistance. Across Rasuwa, Nuwakot, Dhading, Gorkha and Chitwan districts, approximately one in three women is illiterate, making it harder to access information on relief efforts, complete registration processes and independently claim assistance.

One in three households across Bagmati Province is headed by a woman, out of which one third rely on already strained remittances.

Within the government's overall response, and in partnership with UN agencies, women's rights organisations and humanitarian partners, UN Women is working to ensure women and girls can access essential services and protection, and that the response addresses their needs.

The UN Women is mobilising resources for its 'Community Kitchen' initiative, a women-led emergency response mechanism providing immediate food assistance while creating opportunities for women’s leadership, livelihoods and longer-term recovery.

Published in The Rising Nepal on 30 August 2026.   

Sharif calls PM Shah to express solidarity in difficult hour

Kathmandu, Aug. 28

Pakistani Prime Minister Shehbaz Sharif called Prime Minister Balendra Shah on Friday and conveyed his condolences over the tragic loss of lives and widespread devastation caused by the recent flash floods and landslides.

"Pakistan stands in complete solidarity with the government and people of Nepal in this difficult hour," he wrote in his post on X, and added, "I assured Prime Minister Shah of our full support and conveyed that Pakistan is dispatching emergency relief assistance to contribute to the ongoing relief efforts."

Xi, Putin express condolences

Similarly, Chinese President Xi Jinping has written a message of condolence to Nepal over the huge loss of life and property in the devastating flood occurred on August 26.    
President Xi sent the condolence message to Nepali President Ramchandra Paudel, according to Chinese Embassy based in Kathmandu.

Likewise, Russian President Vladimir Putin has expressed his condolences to President Ramchandra Paudel and Prime Minister Balendra Shah over the heavy loss of life and extensive destruction caused by floods and mudslides in Nepal.

“We share the grief of the friendly people of Nepal,” the Russian Foreign Ministry said in a message issued on August 27.

President Putin conveyed his sincere sympathies to the families and loved ones of those who lost their lives and wished a speedy recovery to those injured in the natural disaster.

Australia ready to support Nepal

Meanwhile, Australia has said that it is ready to provide all possible assistance needed by Nepal in the difficult circumstances it is facing.

In a telephone talk with Foreign Minister Shisir Khanal on Friday afternoon, Australian Foreign Minister Penny Wong pledged for the support. During the conversation, Minister Wong expressed, on behalf of the Australian Government, her deep sorrow over the loss of life caused by the disaster.

"The conversation took place as search, rescue and relief operations continued in areas affected by the devastating floods that caused significant loss of life and property in Rasuwa, Nuwakot and other areas on Wednesday," FM Khanal's Secretariat informed in a statement.

Foreign Minister Khanal, expressed his gratitude to the Australian government and the people of Australia for their solidarity and support. He particularly thanked Australia for the goodwill and assistance it had demonstrated at this critical time.

Published in The Rising Nepal on 29 August 2026.   

Over Rs. 2.29 billion donated to Disaster Relief Fund in 2 days

ADB approves Rs. 750 million in grant

 

Kathmandu, Aug. 28

More than Rs 2.295 billion has been raised for the Prime Minister’s Disaster Relief Fund (PMDRF) by Friday evening.

It received Rs. 1.91 billion within a period of 36 hours from Wednesday afternoon to Thursday midnight while assistance worth Rs. 385.5 million was donated on Friday.

The Ministry of Finance (MoF) informed that donors deposited the amount into accounts held at 10 different commercial banks during the period.

After the Bhote Koshi River flowing along the Nepal-China border was hit by severe flooding on Wednesday morning, causing extensive loss of life and property, the government declared the affected areas disaster zones. Following the decision, individuals and organisations began contributing to the Fund.

The government has designated the MoF as the focal ministry for collecting contributions to the PMDRF and coordinating the assistance. Finance Minister Dr. Swarnim Wagle has been personally accepting contributions of Rs. 10 million or more from institutional donors, Minister's Secretariat informed.

Similarly, individual donors can provide cash contributions by visiting the ministry in person.

With these contributions, the Fund’s balance has reached Rs 4.09 billion from Rs. 2.17 billion.

 

Surya Nepal, Raji Rana make largest donations

The PMDRF received assistance worth Rs. 385.5 million from 27 organisations and individuals on Friday alone.

Surya Nepal Pvt. Ltd. contributed Rs. 150 million and handed over a cheque for the amount to FM Dr. Wagle.

According to the MoF, this is the largest contribution from the private sector to the Fund among donations made with prior notification to the government.

Surya Nepal Managing Director Gaurav Tayal, Vice-Presidents Dipra Laheri and Ravi KC, and General Manager Prem Aryal had reached the Ministry to hand over the cheque

Likewise, Raji Rana has provided Rs. 10.9 million in financial assistance to the Fund, making it the largest donations made to the relief fund by an individual.

Rana, 87, a businessperson, sent the donation through her associate Krishna Basnet.

On the occasion, employees working at Rana’s office also contributed Rs. 80,000 from their own resources. Rana is also preparing to provide in-kind assistance, including goods and food supplies, worth an additional Rs. 2.5 million.

Former president of the Non-Resident Nepali Association (NRNA) RK Sharma has contributed Rs 2.5 million to the Fund. Sharma, who is also Chairman of Pigeon Engineering Group, said in a statement that the contribution was less about the amount and more a small expression of the emotional bond and responsibility felt by Nepalis towards their country during times of crisis.

Padma Jyoti Group contributed Rs. 10 million to the PMDRF.

 

ADB approves Rs. 750 million emergency grant

On Friday, the Asian Development Bank (ADB) approved a US$5 million (Rs. 750 million) emergency grant to fund urgent rescue and relief operations in the disaster hit areas.

“This $5 million grant is a promise kept. When people in our member countries need us, we will be there for them. The losses are devastating and are still being counted but this will help get food, safe water, shelter, medicine, and other urgent support to people who need it now.” said ADB President Masato Kanda.

The multilateral donor informed in a statement that the grant, financed through ADB’s Asia Pacific Disaster Response Fund, will help pay for search and rescue equipment, medical supplies, food, safe drinking water, temporary shelter, sanitation and hygiene supplies, debris clearance, emergency stabilization work, and logistical support.

 

Arya donates medicines worth Rs. 8.25 million

Arya Pharma has provided medicines worth Rs. 8.25 million for health posts and health workers operating in flood- and disaster-affected areas.

"With the aim of supporting the rescue, relief and healthcare treatment of citizens and families affected by floods and natural disasters, we have provided essential medicines to the government," it said in a statement. The company has also expressed its commitment to provide medical equipment and medicines as assistance if further support is required for the healthcare treatment of affected citizens.

Meanwhile, the US Embassy in Kathmandu said that the US is delivering a range of supplies requested by the government. IT sent the first shipment of emergency supplies to the flood-affected areas.

According to the embassy, Catholic Relief Services working through Caritas Nepal, will deliver more than 2.5 tonnes of food supplies, 500 blankets, 500 mosquito nets, and 500 insulating foam sheets for temporary shelter flooring to two school locations in Rasuwa.

Published in The Rising Nepal on 29 August 2026.   

CNI members contribute over Rs. 355 million to PMDRF

Kathmandu, Aug. 28

Member organisations of the Confederation of Nepalese Industries (CNI) have contributed over Rs. 355 million to the Prime Minister’s Disaster Relief Fund under the coordination of the CNI.

A CNI delegation led by President Birendra Raj Pandey handed over cheques to Finance Minister Dr. Swarnim Wagle on Friday on behalf of member organisations and individual donors.

Likewise, former President Bishnu Kumar Agrawal handed over a cheque for Rs. 111 million from MAW Group, while CNI Governing Council member and industrialist Bijay Kumar Shah presented a cheque for Rs. 100 million.

Similarly, Jawalakhel Distillery contributed Rs. 100 million, Himalayan Distillery Rs 100. million, and Himalayan Bullion Company Rs. 101 million. Chaudhary Group and Nabil Bank have provided more than Rs 1.5 billion in assistance. Nepal Adarsha Nirman Company has pledged Rs. 1 million.

Good Home Products contributed Rs. 221,000, British Colour Industries Rs. 210,000, Langtang Re Trekking Rs. 112,000, CAS Trading Rs. 111,111, Silver Lining Rs. 111,111, and Glocal Pvt Ltd Rs. 50,000.

Earlier, Gorkha Brewery had contributed Rs. 100 million to the relief fund under the coordination of the CNI.

The CNI has also urged its member organisations, industrialists and businesspeople to provide whatever assistance they can towards rescue, relief and rehabilitation efforts for those affected by the floods.

Published in The Rising Nepal on 29 August 2026.   

PMO cautions against depositing disaster support into individual QR codes, personal accounts

Kathmandu, Aug. 28

The Prime Minister’s Office (PMO) has expressed concerns over reports that individuals, groups and organisations are raising funds for the support of people affected by the Bhote Koshi floods in Rasuwa and Nuwakot by publishing unauthorised QR codes and personal details.

"The PMO has noted that while financial support is being gathered from various sectors for rescue, relief, and rehabilitation efforts for citizens affected by the floods in Rasuwa, serious concern has been raised regarding individuals, groups, and organisations collecting money by publishing unauthorised QR codes and personal account details indiscriminately," Spokesperson of the Office Hemraj Aryal said in a notice published on Friday.

The PMO has also appealed for caution when providing financial assistance for flood victims.

To prevent potential financial fraud and to ensure the transparent usage and proper management of contributions during this difficult disaster situation, the government has urged one and all to verify the name of the accounts into which financial support is being deposited.

"Make sure that the account name strictly reads Prime Minister Disaster Relief Fund, Disaster Relief Fund, Disaster Relief Fund or PDPU before making any financial contributions to the official accounts and QR codes released by the government," read the notice.

Those who want to make an inquiry or obtain further information, they can contact the PMO at Singha Durbar, Hello Sarkar or National Emergency Operation Centre (NEOC).

 

'Use card payment from abroad'

The PMO informed that individuals staying abroad can use card payment gateways via dedicated online payment links (pmdrf.nchl.com.np or pmrelieffund.himalayanbank.com) or by scanning the provided NCHL and HBL card payment QR codes.

Likewise, users of Alipay+ (along with 12 interoperable wallets) and UPI-India can scan domestic QR codes linked to the fund, which include Fonepay QR codes - supporting both Alipay+ and UPI - and NepalPAY QR codes which support Alipay+ only.

Similarly, UPI-India users can remit funds using the cross-border P2P fund transfer option within UPI-enabled Indian banking applications. Global transfers can be made via SWIFT through internet banking or by visiting a local bank branch, ensuring the account name for all accounts is set to Prime Minister Disaster Relief Fund.

International remittance services such as GME, Remitly, Wise, TapTapSend, or other domestic remittance partners can be utilised to remit funds directly to the designated Nepali Rupee (NPR) accounts.

Designated Bank Accounts and Domestic QR Options

SWIFT transfer accounts for the PMDF are available across multiple banks in Nepal. Account numbers in Nepali Rupees (NPR) include:

Rastriya Banijya Bank (1130100003762001 / 1130100000006006, SWIFT: RBBANPKA),

Nepal Bank Limited (00211600510039000003 / 00200100510039000001, SWIFT: NEBLNPKA),

Agriculture Development Bank Limited (0100201002907014, SWIFT: ADBLNPKA),

Everest Bank Limited (00100105200270 / 00101102200012, SWIFT: EVBLNPKA),

Global IME Bank (00401010000057 / 00411010000005, SWIFT: GLBBNPKA),

Nabil Bank (1710017505285, SWIFT: NARBNPKA),

Standard Chartered Bank (01013243801 / 02013243801, SWIFT: SCBLNPKA),

Laxmi Sunrise Bank Ltd (1628885410110925, SWIFT: LXBLNPKA), and

Himalayan Bank Ltd (12005631210039, SWIFT: HIMANPKA).

Additionally, Himalayan Bank Ltd offers a US Dollar (USD) account (01905631210045, SWIFT: HIMANPKA).

According to the PMO, for domestic QR payments, Fonepay QR codes are linked to Rastriya Banijya Bank Ltd, Nepal Bank Ltd, Agriculture Development Bank Ltd, Everest Bank Ltd, Nabil Bank Ltd, Laxmi Sunrise Bank Ltd, and Global IME Bank Ltd., while NepalPAY QR codes are available for Standard Chartered Bank Ltd, Laxmi Sunrise Bank Ltd, and Agriculture Development Bank Ltd. 

Published in The Rising Nepal on 29 August 2026.   

NICCI, BU to bridge academia-industry gap

Kathmandu, Aug. 28

The Nepal-India Chamber of Commerce and Industry (NICCI) and Bagmati University (BU) signed a Memorandum of Understanding (MoU) to promote institutional collaboration between the two institutions and bridge the gap between academia and industry.

"The partnership will focus on internships, facilitating placement, joint research initiatives, academic-industry exchange, skill and capacity-building programmes, and the co-hosting of training sessions, workshops, conferences, and seminars," the NICCI said in a statement on Friday.

The agreement seeks to build a dynamic interface between academic knowledge and industry practice, equipping students with practical skills while strengthening innovation and entrepreneurship through joint efforts.

The MoU was signed by President of NICCI Sunil KC and President of The BU Prof. Dr. Chandra Mani Poudel. The BU is a public university established by Bagmati Province.

As per the MoU, the two institutions will collaborate to establish a platform for internship and job placement facilitation, joint research and innovation, capacity-building and training, and academia-industry conferences and workshops.

It will also be used for knowledge exchange and publications, entrepreneurship and start-up support, student and faculty engagement, policy advocacy, and infrastructure and centre development.

Both institutions expressed confidence that the partnership will strengthen academia-industry collaboration, enhance youth skills, and encourage entrepreneurship in the years ahead. 

Published in The Rising Nepal on 29 August 2026.   

MOFA sets up Emergency Response Team

Kathmandu, Aug. 27

The Ministry of Foreign Affairs (MOFA) established an Emergency Response Team (ERT) on Thursday to facilitate search, rescue, information verification and consular assistance in respect of foreign nationals affected by, missing in, or otherwise connected to the flood incident in Rasuwa and Nuwakot districts on Wednesday.

"In view of the recent flash floods in Rasuwa district, which has resulted in massive loss of life, damage to infrastructure, and reports of missing persons including foreign nationals, the MoFA has formed the ERT with immediate effect," read a statement from the Ministry.

The ERT shall serve as the central coordinating body within the MoFA in facilitating the search, rescue, verification and support to the foreign nationals affected by the disaster.

Concerned persons and relatives can contact the ERT via Hotline/WhatsApp +977-9744441227 +977-9744441228 (7am to 10pm) or Email to emergency@mofa.gov.np.

The Ministry has requested the concerned diplomatic missions, international organisations, families of missing persons, and members of the public are requested to contact these numbers and email for any information regarding foreign nationals affected by or missing in connection with the Rasuwa flash flood.

"The Ministry appeals to all concerned to refrain from circulating unverified information and to rely on official channels for updates," it said. 

Published in The Rising Nepal on 28 August 2026.   

BOP shows positive growth in current fiscal year

Kathmandu, Aug. 27

With the shrinking economic and business activities in the country in the past few years, the financial indicators, including the current account, capital transfers, and Balance of Payments (BOP), showed positive growth that doubled their position in the Fiscal Year 2025/26 compared to FY 2024/25.

Current account surplus went up by more than a double in 2025/26 to reach Rs. 923.56 billion from Rs. 409.84 billion in FY 2024/25. In US Dollar terms, the current account registered a surplus of 6.33 billion in the review year against a surplus of 3.01 billion in the previous year, the Nepal Rastra Bank (NRB)'s annual macroeconomic situation report published on Wednesday.

Last year, Net capital transfer amounted to Rs. 18.50 billion which is also almost double of Rs. 9.84 billion of FY 2024/25. Nepal received equity-based Foreign Direct Investment (FDI) of Rs. 28.49 billion last year against Rs. 12.02 billion of the previous year.

Likewise, the Balance of Payments (BOP) remained at a surplus of Rs. 1027.04 billion last year compared to a surplus of Rs.594.54 billion in the previous year.

Meanwhile, the government mobilised domestic debt of Rs. 358.66 billion and made principal repayment of Rs. 250.56 billion thereby mobilising net domestic debt of Rs. 108.10 billion in 2025/26. Net domestic debt mobilisation stands at 1.6 per cent of GDP.

The government mobilised external loans of Rs. 88.50 billion during the year. The NRB reported that the outstanding public debt amounted to Rs. 2927.90 billion in mid-July 2026. Of which, foreign and domestic debt stood at Rs. 1599.48 billion and Rs. 1375.42 billion, respectively.

With this, the ratio of total outstanding public debt to GDP reached 45.07 per cent in 2025/26, which was 43.06 per cent in 2024/25.

According to the report, deposits at Banks and Financial Institutions (BFIs) increased by 13.9 per cent (Rs.1,013.05 billion) reaching Rs. 8,276.93 billion in 2025/26 compared to an increase of 12.6 per cent (Rs.811.49 billion) in the previous year.

The share of demand, saving, and fixed deposits in total deposits stood at 8.1 per cent, 47.0 per cent and 35.3 per cent, respectively, in mid-July 2026. The share of institutional deposits in total deposit of BFIs stood at 33.9 per cent in mid-July 2026. Such a share was 36.1 per cent a year ago.

Likewise private sector credit from BFIs increased by 6.5 per cent (Rs. 359.36 billion) to Rs. 5,857.06 billion last year compared to an increase of 8.4 per cent (Rs. 423.73 billion) in 2024/25. The shares of private sector credit from the BFIs to non-financial corporations and households stood at 62.1 per cent and 37.9 per cent, respectively, in mid-July 2026.

Last year, private sector credit from commercial banks, development banks, and finance companies increased by 6.5 per cent, 7.0 per cent, and 5.4 per cent, respectively.

Out of the total outstanding credit of the BFIs, 15.1 per cent is against the collateral of current assets (such as agricultural and non-agricultural products) and 62.9 per cent against land and building. Such ratios were 14.5 per cent and 64.7 per cent, a year ago.

The report noted that the outstanding loan of the BFIs to construction sector increased by 18.6 per cent, consumable sector by 17.8 per cent, transportation, communication and public sector by 15.0 per cent, industrial production sector by 5.2 per cent, finance, insurance and fixed assets sector by 5.0 per cent, and service industry sector by 4.4 per cent, while agriculture sector decreased by 1.8 per cent.

Similarly, the weighted average 91-days Treasury bills rate was 2.32 per cent in mid-July 2026 against 2.95 per cent in mid-July 2025. The weighted average inter-bank rate among the BFIs, which was 2.96 per cent in mid-July 2025, decreased to 2.75 per cent in mid-July 2026.

The average base rate of commercial banks, development banks, and finance companies stood at 4.83 per cent, 6.58 per cent, and 7.09 per cent, respectively, in mid-July 2026. 

Published in The Rising Nepal on 28 August 2026.   

Major iron projects remain stalled

Iron mining projects at Dhaubadi, Jhumlabang and Phulchoki fail to gain momentum

 

Kathmandu, Aug. 23

Iron mining initiatives have failed to gain momentum at Dhaubadi in Nawalparasi (East), Jhumlabang in Rukum (East) and Phulchoki in Lalitpur – three large iron deposits in Nepal.

Jhumlabang, located in Bhume Rural Municipality-3 in Rukum (East), has the largest deposits of iron ore which is estimated to be around 200 million tons – almost double that of Dhaubadi in Nawalparasi (East).

The Department of Mines and Geology (DMG) was planning to begin the drilling work in Bhume by the end of 2025, but no progress could be made. The mine is tendered out to Ramesh Steel for 30 years but work is not begun, said Narayan Banskota, Information Officer at the DMG.

"The locals have filed compliants at the National Human Rights Commission, the government and the DMG demanding to halt the work at the site saying that it will damage the livelihood, culture and displace people who have been residing in the area for centuries," he said.

Chairperson of Bhume had updated the Department that the locals are not in the mood to allow even the study works other than the excavation. It might take more than a decade to begin exploration.

Minister for Industry Gauri Kumari Yadav has also shown interest in the matter and requested both the DMG and local government to facilitate in the project.

The site is located in a remote mid-hill area and is at a distance of 165 km from Ghorahi in Dang. The private company has demanded with the government for the construction of the basic infrastructure including roads, bridges and information technology.

"Access to the site is 7-km from the recently opened track of the Mid-Hill Highway but the industrial production of iron there needs a well facilitated road network because the processing industry should be established in Dang district," said Banskota while stating that construction of a cable way can also be a solution.

Likewise, Dhaubadi Iron Company Limited (DICL) is conducting the chemical analysis of the iron ore from the sites and is set to begin the preparation of the Detailed Project Report (DPR). Although the government had given priority to the DICL in its budgets for the past several fiscal years, substantive progress is not seen.

According to Dr. Janak Bahadur Chand, CEO of the company, the DPR is estimated to complete in one-and-a-half years.

The DMG reported that while 3000 tonnes of iron could be produced from ore processing at Jhumlabang, Dhaubadi can produce 1500 tonnes.

 

Highly potential Phulchoki

Meanwhile, iron mining at Phulchoki came to a complete halt after court, in Godavari Marble Case, barred commercial mining in ecologically sensitive conservation area as well. A private sector company Sagarmatha Iron has leased the iron excavation in Phulchoki but the government did not facilitate the company in clearing the policy hurdles, including that created by the court decision. It's been 12 years since the court barred mining and related works in Godavari and surrounding areas.

Feasibility study of Phulchoki iron deposit was conducted about 50 years ago and partial extraction was also conducted. The DMG said that iron ore from Phulchoki has the highest iron content of 56 per cent compared to 40 per cent of Bhume and 35 per cent of Dhaubadi.

It means processing one tonne of iron ore from Phulchoki can yield up to 560 kg of iron against 400 kg in Bhume and 350 kg in Dhaubadi. Production cost is also lowest at Phulchoki.

Banskota said that there is a possibility to extract iron ore at Phulchoki through underground tunnel from the outside of the Kathmandu Valley.

 

Second largest import

Iron and steel are the second largest imports of Nepal after petroleum products. The country imported iron and steel products worth Rs. 169.56 billion in Fiscal Year 2025/26. It was up by 7.37 per cent of previous year 2024/25 when imports of iron and steel stood at Rs. 162.50 billion. Steel and iron constituted 8.1 per cent share in the total imports.

Mining and quarrying sector is expected to contribute to 0.43 per cent to the national Gross Domestic Product (GDP) of the country in 2025/26 with an annual growth rate of 3.52 per cent. The total GDP of the country is expected to reach Rs. 6600 billion, according to the National Statistics Office.

Published in The Rising Nepal on 24 August 2026.