Huawei tells Nepal's internet providers to sell AI computing, not just bandwidth
At a gathering for internet service providers in Kathmandu, the Chinese telecoms giant pitched GPU rental, AI models and home security services as the next source of revenue, and pointed to Nepal's electricity costs as an advantage.
- Shilakshya and Forefront team up to cut the cost and delays of building a house with digital tools
- Nepal GDP grew 4% in Q4 2025/26, but Bhote Koshi floods cloud 2026/27
- Gyanendra Dhungana, the banker who ran Nabil and chased the governorship
- Buddha Air's Birendra Bahadur Basnet bets on rice despite a Rs 25m mill loss
- Why a Kathmandu-Dhangadhi flight costs more than a flight to Delhi
Shilakshya and Forefront team up to cut the cost and delays of building a house with digital tools
A builder and a digital engineering firm have signed an agreement to bring building information modelling, virtual reality and LiDAR scanning to homes in Nepal, so owners can see their house before ground is broken.
Nepal GDP grew 4% in Q4 2025/26, but Bhote Koshi floods cloud 2026/27
Electricity led growth in the last quarter of 2025/26. The Bhote Koshi floods have since disrupted power output, a border crossing and the state's budget.
Gyanendra Dhungana, the banker who ran Nabil and chased the governorship
He rebuilt Nepal Bangladesh Bank, led the bank lobby, then took charge of Nabil after the merger. In 2025 he gave it up to seek the central bank's top job. Now he sits on boards in Colombo and Kathmandu.
Markets today
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- RetailNepal floods choke Dashain goat supply as Kathmandu meat prices climbBlocked highways, a closed Tibetan border route and a state trader sitting out the season have left Kathmandu's festival meat market short and pricier.
- AviationWhy a Kathmandu-Dhangadhi flight costs more than a flight to DelhiState-set fare limits, expensive jet fuel and a five-month earning season sit behind a fare gap that has reached Nepal's parliament, according to The Kathmandu Post.
- Capital marketsSEBON puts NEPSE overhaul and margin lending at top of reform agendaNepal's securities regulator promises margin lending within the Nepali month of Asoj 2083 and new trading instruments before fiscal year 2083/84 ends, while pressing single-owner brokerages to merge or corporatise.
- PolicyNepal's six-month maternity leave bill puts private employers on noticeA bill to nearly double maternity leave and almost triple paternity leave would reach private payrolls, as Nepal responds to its weakest population growth in eight decades.
- AgribusinessBuddha Air's Birendra Bahadur Basnet bets on rice despite a Rs 25m mill lossThe Buddha Air chairman believes machines, bank credit and a mill's guaranteed purchase can make the economics of a two-bigha farm work. As of October 2026, the experiment had lost money.
Leaders
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How Chandra Dhakal built a bank on the money Nepalis send home
In 2001 most of Nepal's remittances moved through informal hundi brokers. The IME founder bet that migrant workers would trust a licensed company instead, and turned that bet into the country's largest bank.
Kailash Sirohiya's Kantipur survived an arrest and a fire. Its business model is the harder test
Nepal's largest media house came through its chairman's 2024 arrest, which ended without charge, and an arson attack. Revenue down about 70% in a decade and its heir's exit over the newsroom's journalism are harder problems.
Ang Tshering Sherpa built the Yeti group from a trekking kitchen. His heirs inherited its hardest tests
Seven years after the Yeti founder died in a helicopter crash, the group he built has lost control of its airline to an insurer, is preparing a share offering and faces a court case over state land in Kathmandu.
Binod Chaudhary, Nepal's only billionaire, a year after the fire
The uprising burned his home and the election that followed took his seat, yet Forbes still values Nepal's only billionaire at $2.1bn and the new prime minister has invited him to talk investment.
Markets
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NEPSE inches up 0.18% as SEBON cuts promoter share-sale notice to five trading days
Turnover fell 18% in the week to 9 October, and only banks gained ground. Now founding shareholders can sell up to 15% of their stakes without warning. Here is what that means for promoters and retail investors.
Rs 122.8bn of share, bond and fund issues wait at SEBON, some since 2023
Nepal's securities regulator holds 153 applications to sell shares, bonds and fund units. Steel and cement makers want premium prices, and a bank with thinning capital wants Rs 7.46bn from its shareholders.
NEPSE ends a nervous week flat as a share-sale notice rule rattles investors
A Friday rally rescued the index, but the regulator's 15-day notice rule for large sellers remains the market's main worry before the Dashain holiday.
Policy & Power
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Sudurpaschim budget stalls again as ruling coalition turns on its own plan
Months into 2026/27, Nepal's far-western province still has no approved Rs 37.70bn budget, and the delay has disrupted administration and development work.
Nepal's nominees for India and China pitch an economic agenda to lawmakers
At their parliamentary hearings, Pandey and Sharma put investment, power trade, tourism and transit at the centre of their plans. Investors should weigh what was promised and what remains open.
Sudurpashchim tables Rs 37.7bn budget as Supreme Court refuses interim order
Days after one justice ordered the revision halted, a joint bench declined to block it. Nepal's far-western province now has a plan before its assembly, about 70% funded by Kathmandu, and a legal question still open.
Rise & Fall
Open the Ledger →- Binod ChaudharySteady
- Chandra Prasad DhakalRising
- Min Bahadur GurungRising
- Akshay GolyanRising
- Upendra MahatoSteady
- Shesh Ghale & Jamuna GurungSteady
Cosmic Air Nepal: how the first private jet airline rose and fell
Cosmic Air put the first jets on Nepal's domestic routes and flew to Delhi, Dhaka, Kolkata and Varanasi. Fare cuts, fuel debts and lease arrears grounded it within two years, and the regulator cancelled its certificate in 2010.
Janakpur Cigarette Factory: how Nepal's state cigarette monopoly fell
A Soviet-aided factory once ran Nepal's cigarette market. Private competition, losses and politics shut it in 2011. Its land is now worth more than the business, and it houses Madhesh Province's government.
Nepal Bangladesh Bank: the run, the NRB takeover and the Nabil merger
A 1994 joint venture with two Bangladeshi lenders suffered a run in November 2006, was taken over by Nepal Rastra Bank, recovered under its management and was absorbed by Nabil Bank in 2022.
Companies & Economy
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Beni-Jomsom road reopens as late-monsoon rain batters Nepal's paddy and sugarcane
Containers stranded in Mustang for two weeks are moving again, but soaked harvests across the breadbasket show how exposed Nepal's supply lines and farm incomes remain.
Budhi Gandaki flood: disaster chief credits SMS alerts as hydropower sites are hit
No deaths were confirmed after a flash flood tore through Gorkha on 11 October 2026, and officials credit text warnings. But bridges, river gauges and two hydropower sites were lost, and the cause is still unclear.
Unilever Nepal's profit falls 19.5% on input costs while Himalayan Distillery's rises 28%
Nepal's listed manufacturers ended 2082/83 with sharply different fortunes. Costs squeezed a soap maker, a distiller grew, and a cement maker held its profit as sales shrank.
Nepal's revenue rises 16% but trails target as the flood squeezes northern trade
The government collected Rs 184.58bn in the first two months of 2026/27, against a target of Rs 214.81bn. Last year it met 83.5% of its revenue goal; this year's is Rs 1.58 trillion.