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Daraz lays off 60 percent workforce from Nepal, daily activities controlled by Bangladesh office

KATHMANDU: Daraz, a prominent e-commerce platform owned by Chinese e-commerce giant Alibaba, has laid off 280 workers from its Nepal office. This decision marks a significant reduction in the workforce, impacting 60 percent of its employees in Nepal. The Bangladesh office now oversees the daily operations of the Nepal...

Daraz lays off 60 percent workforce from Nepal, daily activities controlled by Bangladesh office
Rising gold prices in Nepal further impacted by increased customs duty

Rising gold prices in Nepal further impacted by increased customs duty

Shree Airlines flight redirected back to parking due to fuel odor

Shree Airlines flight redirected back to parking due to fuel odor

Nepal Oil Corporation announces price reduction for Petrol, Diesel, and Kerosene

Nepal Oil Corporation announces price reduction for Petrol, Diesel, and Kerosene

Non-Life Insurers to Continue Farm Insurance Following Government Agreement

Non-Life Insurers to Continue Farm Insurance Following Government Agreement

NEA starts exporting surplus electricity to India amid rising river flows

NEA starts exporting surplus electricity to India amid rising river flows

Electric Vehicles to become pricier as government increases customs and excise duties

Electric Vehicles to become pricier as government increases customs and excise duties

Finance Minister Pun defends budget allocation and tax revisions amid criticism

Finance Minister Pun defends budget allocation and tax revisions amid criticism

Government revises budget utilization estimate to Rs 1.530 trillion for current fiscal year

Government revises budget utilization estimate to Rs 1.530 trillion for current fiscal year

Budget 2024-25: VAT cancelled on vegetables and fruits, taxes increased on cigarettes and alcohol

Budget 2024-25: VAT cancelled on vegetables and fruits, taxes increased on cigarettes and alcohol

Government unveils record Rs 1.860 trillion budget for fiscal year 2024-25

Government unveils record Rs 1.860 trillion budget for fiscal year 2024-25

Government sets ambitious economic growth rate targets at 6 pc for next fiscal year

Government sets ambitious economic growth rate targets at 6 pc for next fiscal year

Government outlines five strategies and priorities in budget for fiscal year 2024-25

Government outlines five strategies and priorities in budget for fiscal year 2024-25

Government to legalize commercial marijuana production for medicinal use

Government to legalize commercial marijuana production for medicinal use

Government targets Rs 3 trillion IT Export over next decade

Government targets Rs 3 trillion IT Export over next decade

Budget speech (Live)

Finance Minister Barshaman Pun to present annual budget for fiscal year 2024-25 today

Finance Minister Barshaman Pun to present annual budget for fiscal year 2024-25 today

Government’s arrears increase by Rs 95.60 bn in fiscal year 2022-23, total reaches Rs 669 bn

Government’s arrears increase by Rs 95.60 bn in fiscal year 2022-23, total reaches Rs 669 bn

Majority of Nepal’s Public Institutions Profitable, Reports Ministry of Finance

Majority of Nepal’s Public Institutions Profitable, Reports Ministry of Finance

NAS-IT urges government to enact policies to transform Nepal into a Global Tech Hub

NAS-IT urges government to enact policies to transform Nepal into a Global Tech Hub

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Middle East conflict between Iran and Israel sparks global oil price surge, Nepal braces for economic impact

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