May 26, 2026, Tuesday

Economy

The Realities of Nepal’s IT Industry Outsourcing: Challenges and Opportunities

The Realities of Nepal’s IT Industry Outsourcing: Challenges and Opportunities

Prabesh Yadav In recent years, Nepal’s IT industry has seen an increase in outsourcing projects to foreign countries. Companies leverage the skilled workforce in Nepal to complete projects for international clients. This trend has boosted the economy and created jobs, but it also raises significant issues concerning workers’ rights, fair pay, and sustainable growth. One…

Rapid Growth of Restaurant Franchises in Nepal: Opportunities and Challenges

Prabesh Yadav Nepal has experienced a significant rise in the number of restaurant franchises opening across its towns and districts in recent years. Eateries such as Burger House, Chicken Station, and Bajeko Sekuwa are now ubiquitous, from the bustling streets of Kathmandu to the serene shores of Pokhara. This surge in franchise growth offers more…

  • Global IME Bank Launches ‘Digital Universe’

    Global IME Bank Launches ‘Digital Universe’

    Global IME Bank Limited has launched its 'Digital Universe', a dedicated digital lounge designed to offer a range of automated banking services in Kamaladi, Kathmandu. Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry, and...

  • Nepal-Myanmar Trade Relations: Promoting Software Business

    The Embassy of Nepal, Yangon organized an event “Nepal-Myanmar Trade Relations: Promoting Software Business” at Chatrium Hotel, Yangon today. The event aimed to promote Nepal’s emerging IT sector - software development and digital services as a potential sector for collaboration...

  • Cooperative Agreement between Bankers and  Insurance Association

    Cooperative Agreement between Bankers and  Insurance Association

    An agreement letter has been signed between Nepal Bankers Association and Nepal Insurance Association.On behalf of the Nepal Bankers Association, the president of the association Sunil K.C. And Chunki Chhetri, president of the association, signed on behalf of the Nepal...

  • Deposits of the banking system fell by 2 billion in one day

    Deposits of the banking system fell by 2 billion in one day

    Monika Maharjan The deposits of the banking system increased by 2 billion rupees in one day. According to the data released by Nepal Rastra Bank today, 2 billion rupees were withdrawn from the banking system on May 9. According to...

  • Daraz are gaining popularity in the Nepali market

    Daraz are gaining popularity in the Nepali market

    Monika Maharjan The online shopping company has updated the return process if a consumer receives an incorrect or damaged package when shopping on daraz.As stated by the company, if a consumer receives an incorrect or faulty package, he or she...