Top4 min readHilton Reinsurance Dispute Escalates as Probe Report Reaches Anti-Graft CommissionHilton Reinsurance Dispute Escalates as Probe Report Reaches Anti-Graft Commission The investigation report prepared by Nepal’s insurance regulator into the controversial reinsurance arrangement linked to Hilton Hotel has formally reached the Commission for the Investigation of Abuse of Authority, marking a critical escalation in one of the most sensitive insurance-sector controversies in recent years. The report was forwarded through the Ministry of Finance following repeated concerns over regulatory violations, potential financial manipulation, and institutional silence during a high-value risk transfer process. The case centers on allegations that reinsurance coverage for riot and terrorism risks was arranged retrospectively—after physical damage had already occurred at Hilton Hotel—raising serious questions about intent, compliance, and governance. The scale of the potential insurance claim, estimated to run into billions of rupees, prompted regulators to treat the matter as one involving systemic risk rather than a routine procedural lapse.Dipesh Ghimire·10 Feb, 2026
Top2 min readTaxpayer Numbers Surge as Nepal Expands Its Revenue Base in FY 2082/83Taxpayer Numbers Surge as Nepal Expands Its Revenue Base in FY 2082/83 Kathmandu — Nepal’s tax administration has recorded strong progress in expanding its revenue base during the first half of the current fiscal year 2082/83, with more than 360,000 new taxpayers added to the system. Data from the Inland Revenue Department shows that the total number of active taxpayers has reached over 7.36 million, reflecting growing economic formalization and wider public participation in the tax network. By the end of the last fiscal year, the number of active taxpayers stood at just under seven million. The sharp rise within six months indicates a combination of improved registration systems, stronger enforcement, and increased awareness among citizens and businesses about tax obligations. Officials say this trend also mirrors gradual recovery in economic activities after recent slowdowns.Dipesh Ghimire·9 Feb, 2026
Top3 min readGovernment Questions Effectiveness of Senior Citizen Welfare Program Despite Wide CoverageGovernment Questions Effectiveness of Senior Citizen Welfare Program Despite Wide Coverage Kathmandu — Nepal’s social security allowance program currently supports more than two million senior citizens, but the government has admitted that the health and social services linked to the scheme are falling short of expectations. Officials say that while financial assistance has reached a large section of elderly citizens, gaps in service delivery and accessibility continue to undermine the program’s overall impact. The issue was raised during a meeting of the parliamentary Public Policy and Delegated Legislation Committee held at Singha Durbar on Sunday. At the meeting, officials from the Ministry of Women, Children and Senior Citizens acknowledged that the support system surrounding the allowance program has not been as effective as originally planned.Dipesh Ghimire·9 Feb, 2026
Top3 min readBusiness Leaders Call for Strong Public–Private Partnership Ahead of Nepal’s Economic Census 2082Business Leaders Call for Strong Public–Private Partnership Ahead of Nepal’s Economic Census 2082 Kathmandu — With Nepal preparing to conduct the National Economic Census 2082, business leaders and government statisticians are pushing for closer coordination between public agencies and the private sector to ensure the exercise delivers credible, usable results. Stakeholders say the census is more than a routine survey: it is expected to provide the most comprehensive snapshot of how businesses operate across the country—data that can shape economic policy, investment planning, and employment strategy for years. The interaction program held on Monday, jointly organized by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and the National Statistics Office (NSO), focused on building confidence among businesses to participate fully. Participants stressed that without private-sector cooperation, even the best-designed census can produce gaps and inconsistencies, weakening its value for national planning. They urged the government to prioritize transparency and communication throughout the process.Dipesh Ghimire·9 Feb, 2026
Top3 min readLoan Quality Review Raises Red Flags for Nepal’s Banking SectorLoan Quality Review Raises Red Flags for Nepal’s Banking Sector Kathmandu — A comprehensive loan quality assessment conducted by a Bangladeshi consulting firm has raised serious concerns about credit management practices in Nepal’s major commercial banks. The review, carried out by Houladar Yunus & Company, found weaknesses in loan classification and risk control systems, prompting Nepal Rastra Bank to consider stricter regulatory measures. The findings come at a time when rising bad loans are already putting pressure on the country’s financial system. According to the central bank, several banks have failed to strictly follow regulatory guidelines while categorizing their loans as performing, watchlist, substandard, doubtful, or bad. As a result, Nepal Rastra Bank is preparing to require additional loan-loss provisioning from institutions that do not correct these weaknesses. Officials say that banks will first be asked to clarify their positions before any formal enforcement action is taken.Dipesh Ghimire·9 Feb, 2026
Top3 min read30MW Myardi Hydropower Project Planned on Manang–Lamjung Border, EIA Process Begins30MW Myardi Hydropower Project Planned on Manang–Lamjung Border, EIA Process Begins Kathmandu — A new 30-megawatt hydropower project is being planned on the border of Manang and Lamjung districts, adding momentum to Nepal’s ongoing push to expand electricity generation. The Ministry of Forests and Environment has initiated work to prepare the Environmental Impact Assessment (EIA) report, marking the project’s formal entry into the approval pipeline. The project will be located between Nasong Rural Municipality in Manang and Marsyangdi Rural Municipality in Lamjung. The proposed project, named the Myardi Hydropower Project, is being promoted by Myardi Khola Hydropower Company Pvt. Ltd. and is designed as a run-of-river scheme. This means the plant will rely mainly on the river’s natural flow rather than storing large volumes of water in a reservoir. While such projects are generally faster to build and involve less large-scale submergence, they can also face seasonal fluctuations in output—an issue Nepal’s hydropower-heavy system already experiences.Dipesh Ghimire·9 Feb, 2026
Top3 min readNepal Adds Nearly 500 MW to Grid in Six Months, but Seasonal Power Imbalance PersistsNepal Adds Nearly 500 MW to Grid in Six Months, but Seasonal Power Imbalance Persists Kathmandu — Nepal’s power sector has recorded notable progress over the past six months, with nearly 500 megawatts of electricity added to the national grid. According to the Ministry of Energy, Water Resources and Irrigation, 495 MW was connected to the transmission system by mid-January, raising the country’s total installed capacity to 4,086 MW. The growth reflects the gradual completion of several hydropower projects and improved coordination in grid integration.Dipesh Ghimire·9 Feb, 2026
Top3 min readGlobal IME Laghubitta Faces Profit Pressure Despite Strong Income GrowthGlobal IME Laghubitta Faces Profit Pressure Despite Strong Income Growth Global IME Laghubitta Bittiya Sanstha Limited has released its unaudited financial report for the second quarter of the current fiscal year, showing a decline in net profit despite significant growth in core income. The report reflects the growing challenges faced by microfinance institutions amid weakening loan quality and rising financial risks. During the review period, the company earned a net profit of NPR 105.9 million. In the same period last year, it had recorded a profit of NPR 118.3 million. This represents a decline of around 10.51 percent. Analysts say the fall in profit indicates increasing pressure on microfinance companies as repayment capacity weakens in many rural and semi-urban areas. Although profit declined, the company’s net interest income showed strong improvement. By mid-Poush, net interest income reached NPR 487.6 million, up from NPR 350.7 million in the previous year. This nearly 39 percent growth suggests that the company has expanded its lending activities and strengthened its interest collection mechanism. Similarly, total operating income rose to NPR 521.8 million from NPR 392.1 million last year, recording a growth of about 33 percent. The increase reflects higher loan disbursement, improved service coverage, and greater outreach among low-income borrowers. Experts interpret this as a sign that demand for microfinance services remains strong despite economic uncertainty.Dipesh Ghimire·8 Feb, 2026
Top3 min readTrademark Registrations Rise Sharply, Reflecting Growing Business AwarenessTrademark Registrations Rise Sharply, Reflecting Growing Business Awareness Nepal has witnessed a significant rise in trademark registrations during the first six months of the current fiscal year 2082/83, highlighting increasing awareness among entrepreneurs and businesses about brand protection. According to the Department of Industry, a total of 1,520 trademarks were registered between Shrawan and Poush, marking steady growth in intellectual property activities. Information Officer Suresh Dahal said that registrations have gained momentum in recent months. He noted that 504 trademarks were registered in Poush alone, indicating that more businesses are taking legal steps to secure their brand identities. Officials believe this reflects a gradual shift toward formal and organized business practices.Dipesh Ghimire·8 Feb, 2026
Top2 min readIntellectual Property Law Workshop Highlights Need for Practical Reforms in NepalIntellectual Property Law Workshop Highlights Need for Practical Reforms in Nepal A workshop on the proposed Intellectual Property Act was concluded in Kathmandu on Friday, bringing together policymakers, legal experts, and stakeholders to discuss the future of intellectual property protection in Nepal. The program was jointly organized by the Intellectual Property Protection Society Nepal (IPPSN) and the Department of Industry under the Ministry of Industry, Commerce and Supplies. The event aimed to gather expert opinions and improve the effectiveness of the proposed legislation.Dipesh Ghimire·8 Feb, 2026