Foreign investment commitments remain in negative territory

https://kathmandupost.com/money/2021/10/17/foreign-investment-commitments-remain-in-negative-territory Foreign investment commitments in Nepal continued to remain in negative territory in the first three months of the current fiscal year beginning mid-July, largely due to the Covid-19 pandemic and unstable internal politics, officials said. According to the Department of Industry, foreign direct investment (FDI) dropped 16.14 percent year-on-year in the first quarter of… Continue reading Foreign investment commitments remain in negative territory

Nepal Electricity Authority is hit with a double whammy

https://kathmandupost.com/money/2021/10/18/nepal-electricity-authority-is-hit-with-a-double-whammy The 400kV Dhalkebar-Muzaffarpur Transmission Line between Nepal and India hasn’t been put to optimum use, but the Nepal Electricity Authority has been paying around Rs1 billion annually for the past 25 years to the companies that developed it. The amount to be spent for booking the transmission line is huge considering the authority’s net… Continue reading Nepal Electricity Authority is hit with a double whammy

India shatter Nepal’s SAFF dream

https://kathmandupost.com/football/2021/10/16/india-shatter-nepal-s-saff-dream Two second half goals in quick succession shattered Nepal’s ambition of lifting their first SAFF Championship title, as they faced a 3-0 defeat against India in the final of the sub-continental football tournament at the National Football Stadium in Maldives on Saturday. Following a goalless first half, India captain Sunil Chhetri made the breakthrough… Continue reading India shatter Nepal’s SAFF dream

Nepal football coach Abdullah Almutairi to quit after final

https://kathmandupost.com/football/2021/10/13/nepal-football-coach-abdullah-almutairi-to-quit-after-final Nepal’s Kuwaiti head coach Abdullah Almutairi announced on Wednesday that he would step down after the SAFF Championship final. Nepal will play the final either against India or the Maldives in Male on Saturday. Almutairi’s announcement follows Nepal’s entry into the final, for the first time in 28 years. “The final will be my… Continue reading Nepal football coach Abdullah Almutairi to quit after final

Nepal enter SAFF final first time in 28 years

https://kathmandupost.com/football/2021/10/13/nepal-enter-saff-final-first-time-in-28-years Nepal entered the SAFF Championship final for the first time after a fading moment penalty goal from winger Anjan Bista secured Nepal a 1-1 draw against Bangladesh in their last group stage match of the sub continental tournament at the National Football Stadium in Male on Wednesday. Nepal, on the verge of crashing out… Continue reading Nepal enter SAFF final first time in 28 years

Nepal enter SAFF final first time in 28 years

https://kathmandupost.com/sports/2021/10/13/nepal-enter-saff-final-first-time-in-28-years Nepal entered the SAFF Championship final for the first time after a fading moment penalty goal from winger Anjan Bista secured Nepal a 1-1 draw against Bangladesh in their last group stage match of the sub continental tournament at the National Football Stadium in Male on Wednesday. Nepal, on the verge of crashing out… Continue reading Nepal enter SAFF final first time in 28 years

4.5 million girls at risk of not finishing school due to pandemic

https://kathmandupost.com/national/2021/10/13/4-5-million-girls-at-risk-of-not-completing-education-due-to-the-pandemic-report-says The closure of schools due to Covid-19 lockdowns has put an estimated 4.5 million girls at risk of not completing their education, according to a report by UNESCO Institute of Statistics. Releasing its report on the occasion of International Day of the Girl Child on Monday, the institute said that the continuous closure of… Continue reading 4.5 million girls at risk of not finishing school due to pandemic

Over 700,000 people have left the Capital in six days since Ghatasthapana

https://kathmandupost.com/valley/2021/10/13/over-700-000-people-have-left-the-capital-in-six-days-since-ghatasthapana More than 700,000 people have left Kathmandu Valley for their hometowns and villages to celebrate Dashain in the six days since October 7 or Ghatasthapana, the first day of the festival, according to the Metropolitan Traffic Police Division. Around 80,000 people left the Valley on Tuesday alone, records maintained by the division show. Around… Continue reading Over 700,000 people have left the Capital in six days since Ghatasthapana

Nepal target first SAFF final

https://kathmandupost.com/football/2021/10/13/nepal-target-first-saff-final Nepal will aim to reach the final of the SAFF Championship for the first time when they take on Bangladesh in their final group match in Male, the Maldives on Wednesday. Nepal were already in pole position in the five-team single group standings and could have accomplished the historic feat on Tuesday had they… Continue reading Nepal target first SAFF final

The decline of social solidarity

https://kathmandupost.com/columns/2021/10/12/the-decline-of-social-solidarity This is one of those things that happens only in the land of the one-horned rhinoceros—the pachyderm of the plains that former premier KP Sharma Oli insists must be called by its Nepali name. In an arrogant display of raw power, the local administration arrested a couple of peaceful protesters, put their leader on… Continue reading The decline of social solidarity