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National News - Page 22

NEA Launches Eastern Nepal Power Inspection After Outage Complaints

The Nepal Electricity Authority (NEA) has launched a high-level inspection of electricity infrastructure in Morang and Sunsari following public complaints over frequent power outages and voltage fluctuations. The inspection aims to improve the reliability and quality of electricity supply across eastern Nepal.

Government Plans Gen Z Museum at Burnt International Convention Centre

The government is preparing to preserve the fire-damaged International Convention Centre in New Baneshwor as a museum after a technical study concluded that the structure cannot be restored for regular use. Officials are considering transforming the site into a "Gen Z Museum" to commemorate last year's protest movement.

SEBON Under Fire as IPO Applications Go Undocumented

Nepal's capital market is facing fresh uncertainty after the Securities Board of Nepal (SEBON) reportedly stopped registering new IPO applications, even as dozens of companies wait to enter the approval pipeline. The move has raised concerns over transparency, regulatory accountability, and its impact on capital formation.

Nepal's Social Security Fund: Strong Vision, Weak Execution

Nepal's Social Security Fund (SSF) has emerged as a key pillar of the country's welfare ambitions, but policy inconsistencies, restrictions on contributors, and recurring service disruptions are raising concerns about whether the system is meeting the needs of the workers it was designed to protect.

Once a Nepali, Always a Nepali': Finance Minister Calls on Diaspora to Invest

Finance Minister Dr. Swarnim Wagle has reaffirmed the government's commitment to the principle of "Once a Nepali, Always a Nepali," urging the Nepali diaspora to actively contribute to the country's development and investment opportunities.

Trump Says Iran 'More Serious' as Nuclear Talks Continue

US President Donald Trump says ongoing negotiations with Iran are showing signs of progress, while emphasizing that Washington remains fully prepared for military action if diplomacy fails.

Five Ride-Sharing Firms Apply for Registration in Gandaki

Five ride-sharing companies have applied for registration in Gandaki Province after the provincial government introduced Nepal's first legal framework for regulating ride-sharing and self-drive services.

Nepal Blocks Over 223,000 Illegal Betting and Scam Platforms

The Nepal Telecommunications Authority has blocked more than 223,000 illegal betting websites and apps as part of a government-led crackdown on online gambling, scams, and unauthorized financial transactions.

PM Balen Shah to Hold Talks with Export Industry Leaders

Prime Minister Balen Shah is set to meet representatives of Nepal's key export industries to discuss challenges, policy reforms, and measures to strengthen the country's export sector.

Oil Prices Hit $100 as Middle East Tensions Raise Global Inflation Fears

Escalating conflict in the Middle East has pushed Brent crude to $100 per barrel for the first time since May, fueling concerns over higher inflation, energy costs, and economic uncertainty.

Nepal’s First Road Tunnel to Be Inaugurated on August 27

The Nagdhunga–Sisnekhola Tunnel will be officially inaugurated on August 27, with public vehicle access expected to begin by the end of the month after trial operations.

Trump Imposes New Tariffs on 60 Trade Partners Over Forced Labor Concerns

The U.S. has introduced new import tariffs of up to 12.5% on goods from 60 major trading partners, citing insufficient efforts to combat forced labor in supply chains.