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Nepal Weekly Round-up July 13-19, 2019

Nepal Important News Updates for the Week of July 13-19, 2019.




Nepal Weekly Round-up July 13-19, 2019

Nepal is currently undergoing great turmoil due to natural calamities like floods and landslides. With more than a 100 lives lost in a matter of days and thousands of people displaced from their homes, the country lies in a state of utter chaos.

However, Nepal continues to maintain a strong presence in various areas nationally and internationally including tourism, sports, politics and more.

Let’s take a look:


Minister Pokharel Urges People to Visit Nepal

Minister for Education, Science, and Technology, Girirajmani Pokharel

This week, Minister for Education, Science and Technology Girirajmani Pokharel attended a seminar on Nepal Tourism, Art and Culture in New York. Speaking at the event organized to promote Visit Nepal 2020 campaign, Pokharel urged all the people to visit Nepal stating that it was one of the best tourist destinations in the world

He also said that Nepal being the birthplace of Gautam Buddha and home to the world’s highest peak, has a unique identity in the world. The event was organized by the Consulate General of Nepal and Nepal-America Foundation.

Nepal Rastra Bank Decides to Sell NEPSE Share

Nepal Rastra Bank

In the most recent update from Nepal Rastra Bank (NRB), the financial institution is withdrawing its investment in the Nepali Stock Exchange (NEPSE). Releasing a notice on July 16, 2019, NRB stated that it is selling its NEPSE share in auction at a starting price of NPR 1,032 per unit.

The financial entity has asked interested buyers including banks, financial institutes, listed organizations and share traders to submit a sealed application by August 19, 2019 for the same. The bank is selling 1,729,989 units of its shares.

Nepal Beats Malaysia in T20I Bilateral Series

Nepal T20I Series With Malaysia

Nepal beat Malaysia 2-0 in its first T20I bilateral series played cricket at the Kinrara Academy Oval in Kuala Lumpur on July 14, 2019. In their first match on July 13, 2019, the Rhinos beat the Malaysian team by 7 wickets and in the following match by 6 runs.

In the fate-defining match that led to Nepal’s victory, the team won the toss and elected to bat first. They set a target of 174 runs at a loss of 6 wickets. Binod Bhandari and Sarad Vesawkar remained the top scorers with a contribution of 51 and 40 runs, respectively.

Nepal Internet Service Providers (ISPs) Hike Internet Bill

Nepal Internet Bill Increased

Nepal’s ISPs have increased the internet bill by 13 percent with effect July 17, 2019. The decision comes after the government failed to keep up to its promise of waving 50 percent tax on telecommunications service charges.

“The government, last year, had agreed to waive 50 percent tax of telecommunications service charge while the remaining 50 percent charge would be borne by the telecommunications itself according to the agreement. However, the government did not implement this agreement which forced us to hike the Internet charge,” said Bhoj Raj Bhatta, Nepal ISPs Chairman.

Surkhet District Traffic Police Office Draws NPR 16.485 Mn

Nepal District Traffic Police Revenue Increased

The Surkhet District Traffic Police Office (DTPO) has raised NPR 16.485 million in revenue from fines charged for traffic rules violators.

“The revenue was raised by fining those who drove vehicles under the influence of alcohol, without carrying license and carrying passengers beyond capacity among others,” said Hari Bahadur BC, Surkhet DTPO Chief.

According to DTPO, the revenue collected was for the fiscal year 2018-19. In the previous fiscal year, DTPO Surkhet collected NPR 8,798,000 in the fiscal year 2017-18, indicating an increase of revenue earned from fines by 47 percent.

July 20, 2019 |

The buddha life journey and significance


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