Fonepay Payment Service partnered with India’s NPCI International Payments to launch the cross-border payment service using quick response (QR) codes. Indian visitors can now scan the Fonepay QR code using India’s digital payment app–PhonePe.

For Nepal, monsoon remains a major macroeconomic event that is closely watched by the government, farmers, businesses and consumers.

Airtel, India’s leading vendor, halted services for around 5 hours over outstanding payments by Nepali private ISPs.

Nepal’s telecom regulatory body has asked the central bank not to provide foreign exchange and bank guarantees to the ISPs until they clear their taxes.

The UK investors are also looking for investment protection through the bilateral investment treaty, which protects companies from any policy changes while doing business.

There’s no environment to achieve double-digit growth anytime soon. The government needs to boost spending and encourage private sector to spend more.

The Khumbu Pasang Lhamu Rural Municipality has made poop bags mandatory for climbers above the base camp.

Beijing plans to open flights to Pokhara and Bhairahawa airports, announces visa fee exemption for Nepali travellers.

Yingming Yang discusses a range of issues, including ADB’s support for improving Nepal’s business climate, agricultural productivity, supporting private sector investments and disaster risk management. 

Industry insiders say it takes years for infringement settlement because the Department of Industry, which handles the cases, is not a fully judicial body.