How will Nepal’s economy be affected after 10 years on the ‘Grey’ list? ‘LC remittance woes may increase’

Kathmandu. Nepal has been included in the grey list after 10 years. The Financial Action Task Force (FATF) has included Nepal in the ‘grey’ list. The official announcement of the grey list is coming from Paris, France in a few hours. This is not the first time that Nepal...

Nepal and Laos on ‘grey list’ of money laundering, Philippines removed

खेमराज श्रेष्ठ

Nepali oil traders get rich as India increases customs duties, oil exports worth Rs 39 billion hit

Over 6,000 EV vehicles worth Rs 15 billion imported in 7 months, revenue only rose by Rs 9 billion

Economic MORE

We will exit the grey list ahead of schedule: Finance Minister Poudel

MPs’ anger: Berujuku has led to irregularities and corruption in every village

Shangri-La Motors’ business increased by 185.76 percent, turnover of Rs. 823 million in a year

Birgunj Customs Office collects 94.5 billion rupees in revenue in seven months

Socio-Politics MORE

‘We should focus on production to make the country prosperous’

Agreement reached between the protesting doctors’ association and the Ministry of Health

We have not abandoned the issue of identity and rights: Chairman Dahal

‘It is sad that the government machinery does not implement the laws made by the government’

Bank-Finance MORE

Nepal Pay Time’s payment service provider license not renewed

Denmark’s Danish kroner notes will only be exchangeable until mid-February

Arrested for embezzlement of Rs 1.49 billion from Kumari Multipurpose Cooperative

‘6th SARFII Leaders Roundtable’ held in Kathmandu, to prepare a blueprint for inclusive financial services

Rastriya Banijya Bank provides pre-service training to 97 newly appointed employees

Insurance MORE

Motor insurance for EV Easy Taxis sold through Sarina G Trade will be provided by Salico Insurance.

Citizen Life announced a 28.41 percent dividend, how much is the bonus and cash?

Prabhu Insurance shares on sale

National Life’s training program completed, 100 MDRT agents honored

3 Insurance Authority officers promoted to Deputy Directors

Video MORE

Government and opposition face-to-face at the new stock exchange, Prachanda, Bishnu Poudel and Varshaman made sarcastic remarks

Golchha group enters education sector, ‘Sure job after completing education’

A tile factory in a rural field that will build a country, entrepreneurial entrepreneurs pouring four billion

Rumors of monetary policy reform boost market sentiment, market rises by 72.08 points

Balen fails to stop sale of plastic flowers, banned flowers and garlands are found everywhere (Photo Feature)

Capital Market of the Week: Market falls by about 39 points, investors lack enthusiasm

‘Not collecting electricity bills, grounding planes, and government only gossiping’: Congress MP Bhandari

Top 5

1

3 secretaries including Chief Secretary on CIAA’s radar, ‘Securities Board employees are terrified’

2

3 Insurance Authority officers promoted to Deputy Directors

3

Insurance Authority officers Savita Thapa and Ranjita KC promoted to directors

4

Who are the five names shortlisted for the position of Insurance Authority Chairman?

5

Nepal and Laos on ‘grey list’ of money laundering, Philippines removed

Recent News MORE

We will exit the grey list ahead of schedule: Finance Minister Poudel

‘We should focus on production to make the country prosperous’

How will Nepal’s economy be affected after 10 years on the ‘Grey’ list? ‘LC remittance woes may increase’

Agreement reached between the protesting doctors’ association and the Ministry of Health

We have not abandoned the issue of identity and rights: Chairman Dahal

‘It is sad that the government machinery does not implement the laws made by the government’

Political leadership needs to be determined to increase capital spending: MPs

MPs’ anger: Berujuku has led to irregularities and corruption in every village

‘The parties that drafted the bill are the ones who are opposing it,’ says PM

Don't Miss MORE

२०८१ फाल्गुन ८, बिहीबार ११:१०

76,000 vehicles from world-famous brands recalled after serious risks were identified, including BMW, Kia, and Tesla

२०८१ फाल्गुन ६, मंगलवार १९:२९

US decision to block MCC, letter sent to Nepal

२०८१ फाल्गुन २, शुक्रबार ०७:३५

‘I am finding that the culture of paying off debt is slowly disappearing’, interview with Upendra Paudyal

२०८१ माघ २५, शुक्रबार १७:५६

Capital Market of the Week: NEPSE rises by 42 points, turnover worth Rs 52 billion, where is the journey now?

२०८१ माघ २३, बुधबार १३:१४

We will ban Facebook if it is not registered: Minister Gurung

२०८१ माघ २३, बुधबार ०८:०५

NRB amends law to blacklist debtors, says ‘Entrepreneurs must be protected in difficult times’

२०८१ माघ २०, आईतवार १८:२७

Foreign exchange reserves rise to $16.84 billion, inflation rises to 5.41 percent

२०८१ माघ २०, आईतवार ११:२०

Broker number 58 sold 66,000 shares of Corporate Development, while 71 and 72 increased their shares.

२०८१ माघ १८, शुक्रबार १४:५५

“If you have proof that I have committed corruption, please provide it.” What did Prime Minister Oli say in Parliament after spending 5,000 words?

Thoughts

‘I am finding that the culture of paying off debt is slowly disappearing’, interview with Upendra Paudyal

‘Bank CEOs are confused about whether to give money if someone comes asking for it’ Interview with Dr. Ramesh Poudel

Chandra Dhakal’s view: ‘The residents of Phungling will get crores of rupees in investment and 300 jobs in the cable car’

‘Just because you are a little below par shouldn’t put you on the blacklist, bankers should also provide counseling’ – Governor Adhikari’s opinion

If the court’s decision is followed, hydropower production will be pushed back 20 years: Chairman Karki

“If you have proof that I have committed corruption, please provide it.” What did Prime Minister Oli say in Parliament after spending 5,000 words?

‘Money laundering is a by-product of the original crime’ – Suman Dahal’s article

सुमन दाहाल

‘The government should demonetize once and for all’ – Interview with Hemraj Dhakal

Why has the economy not been able to thrive? What is the solution? Dr. Dinesh Chandra Devkota’s thoughts

Stock Market MORE

Pure Energy’s IPO opens for sale from Falgun 20

Swayambhu Festival to be held from Falgun 10 to promote local identity

‘Commendable work under the leadership of KMC’

Bonus shares of 3 more companies listed on NEPSE, how much each one costs?

These 10 companies, including Nepal Re and Himalayan Re Insurance, had the highest turnover

Stock market rises by modest percentage points, trading volume exceeds 8.5 billion

Diaspora MORE

Shree Krishna Nepal leaves Budget Division to join ADB, procedure for 10,000 rupees payment scrapped

Unnati Sahabat Microfinance disappointed shareholders, no dividend

‘We are preparing to send 100,000 people annually to Japan, Europe, and Israel on working visas’ – President Bhandari

Nearly 1.2 trillion rupees in remittances entered in ten months, 374,000 people received final work permits

Financial News MORE

Birgunj Customs Office collects 94.5 billion rupees in revenue in seven months

Public debt to GDP ratio exceeds 45 percent

Nepal and Laos on ‘grey list’ of money laundering, Philippines removed

Imports reached close to 1 trillion in seven months, these are the 10 most imported items

Mechi Customs collects Rs 8.84 billion in revenue

This is the foreign exchange rate for today.

Massive demonstration by locals in Taplejung demanding construction of cable car

The Ministry of Finance has approved Rs 18.88 billion for the reconstruction of 26 projects.

‘No child should be deprived of cancer treatment due to financial constraints’: Minister Poudel

This is the foreign exchange rate for today.

This is the foreign currency exchange rate for today.

Socio-Politics MORE

We have not abandoned the issue of identity and rights: Chairman Dahal

‘It is sad that the government machinery does not implement the laws made by the government’

Political leadership needs to be determined to increase capital spending: MPs

MPs’ anger: Berujuku has led to irregularities and corruption in every village

‘The parties that drafted the bill are the ones who are opposing it,’ says PM

One person dies after being hit by a roller in Kathmandu

I will take initiative to bring the Federal Language Act soon: Minister Pandey

‘Those who are accustomed to violating the Constitution are equally prone to violating the law’

In Magh alone, 478 fire incidents occurred, 22 died, 87 were injured

Kathmandu Metropolitan City is laying stones on approximately 33,000 square meters.

All ministers, MPs and leaders are united for the development of the Far West: Minister Bhandari

Auto-Tech-Life MORE

Motor insurance for EV Easy Taxis sold through Sarina G Trade will be provided by Salico Insurance.

Ncell introduces ’90 Unlimited’ and ’50 Data’ offers to provide convenient internet facilities to customers

Shangri-La Motors’ business increased by 185.76 percent, turnover of Rs. 823 million in a year

Nepal Pay Time’s payment service provider license not renewed

Bookings for ‘NADA Presents WADA Auto Show’ to be held from Chaitra 14th open from today

MAW Earthmovers launches JCB NXT series mechanical excavators in Nepal

Stories MORE

Doli money printing market awaits preservation, migration ruins artistic houses

Tourism: ‘Virgin Land’ can bring back rhythm to the Far West

Sarlahi’s Binod earns Rs 1 lakh per month by selling tea

Sharma’s brothers are carrying on their father’s legacy: They earn more than 50,000 rupees a month

International MORE

Britain and France to deploy 30,000 troops to Ukrainian fields to defend Ukraine

Donald Trump to distribute $400 billion left over from USAID MCC to the American people

Malaysia’s population reaches 34.2 million

Food waste from Australian businesses reduced by 13 per cent in 3 years

Infrastructure MORE

Question to Minister Dahal: Why didn’t the Ministry of Physical Infrastructure consider implementing legal reforms to increase capital expenditure?

Initiative for drinking water after 51 years of settlement in Tanahun

Pure Energy’s IPO opens for sale from Falgun 20

Construction of Ghoptekhola drinking water project begins at Rs 28.5 crore, estimated to cost Rs 35 crore more

Agriculture/Business MORE

‘We should focus on production to make the country prosperous’

Chaitra paddy is being planted using technology on 48 bighas of land in Jhapa

Wool not sold, ‘Vedihar’ at risk of being displaced

Scientific use of biological resources will bring about radical change in agriculture: Agriculture Minister Adhikari

Tourism MORE

Tourism Minister Pandey directs necessary preparations to make Mahashivaratri grand

Mustang’s Kaihyolong Cave suffers from lack of infrastructure and publicity

Construction of ‘Our Love House’, which was halted due to financial constraints, gains momentum

More than 10,000 foreign tourists visited Bandipur in three months

Employment MORE

Reliance Spinning, which employs 4,500 people under one roof, has posted earnings per share of 22.19 percent, outperforming other indicators as well.

Sushil Dev Subedi appointed as Executive Director of Insurance Authority

Electricity Authority asks for a large number of employees, what are the educational qualifications?

‘Emphasis on using skills acquired from foreign employment in the development of the country’

Photos MORE