Top News

25th March 2025, Kathmandu

IME Group and IXI Corp Jointly Launch Kathmandu Technical School; Inaugurated by Labor Minister Bhandari to produce 10,000 Skilled Workers Annually.

Kathmandu Technical School Inaugurated

To address the growing demand for skilled workers in the job market, IME Group and IXI Corp have jointly established Kathmandu Technical School. The school was officially inaugurated by the Minister of Labor, Employment, and Social Security, Sarat Singh Bhandari, at a special ceremony held on Tuesday at the school’s premises in Dhumbarahi, Kathmandu.

Kathmandu Technical School will offer training programs in over three dozen employment and self-employment-oriented fields, including hospitality, culinary arts, caregiving, barista training, and bartending.

The school aims to produce more than 100,000 skilled professionals over the next decade.

With a business legacy spanning two and a half decades, IME Group has successfully operated numerous industries and projects across sectors such as banking and finance, insurance, tourism and hospitality, tourism infrastructure, hydropower, and manufacturing.

Currently, IME Group directly employs over 25,000 individuals, while also assisting an equal or greater number of people in becoming self-employed.

IXI Corp is engaged in alternative investment, renewable energy, alternative education, technology, and public policy sectors.

Addressing the inauguration ceremony, Minister Bhandari emphasized that the combination of skills, employment, entrepreneurship, and capital is essential for solving unemployment and poverty. He stated that the government prioritizes partnerships with the private sector to achieve this goal.

The minister also reiterated that the production of technical manpower is a key government priority and assured support to private sector initiatives in skill development and technical education. He emphasized that skill acquisition is crucial not only for employment and self-employment within Nepal but also for overseas employment opportunities.

President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Chairman of IME Group, Chandra Prasad Dhakal, highlighted that the formal launch of Kathmandu Technical School marks IME Group’s significant step into technical workforce development.

He further expressed confidence that the school would play a crucial role in preparing thousands of young individuals for employment or self-employment. “Established with the vision of ushering in a new era in technical and vocational education in Nepal, this school is expected to make a positive impact on employment, education, society, and the overall economy,” he said.

“We have set a goal of producing over 100,000 skilled professionals in the next decade. To achieve this, the school will offer training in more than three dozen employment and self-employment-oriented fields,” he added.

Dhakal also urged the government to encourage and support the establishment and operation of technical schools and training centers. He pointed out that Nepal’s biggest challenge today is unemployment and youth migration, asserting that skill development is the solution.

“Even if individuals choose to go abroad for work, having the right skills ensures better job opportunities and higher wages. This will also have a positive impact on Nepal’s remittance economy. Our goal is to equip youth with the necessary skills to succeed,” he remarked.

Chairman of Kathmandu Technical School (KTS), Manoj Poudel, stated that the school will contribute to the government’s target of producing 100,000 skilled workers over the next ten years.

He further added that KTS is committed to providing world-class training and education to youth, not just for overseas employment but also to create opportunities within Nepal.

KTS plans to collaborate with local and national industries, businesses, and international partners to ensure its graduates are globally competitive.

The event was attended by representatives from the Nepalese government, private sector, foreign diplomatic missions, donor agencies, and other stakeholders.

For more: Kathmandu Technical School Inaugurated

25th March 2025, Kathmandu

Upaya, a leader in technology-driven logistics, has revealed plans to construct Nepal’s first large-scale third-party logistics (3PL) warehouse in Sanga, Kavrepalanchok.

Nepal 3PL Warehouse

The Upaya Warehousing project marks a significant advancement in Nepal’s logistics infrastructure. The new warehouse will focus on providing advanced technology and sustainable design to fill key gaps in Nepal’s logistics sector.

Project Overview

The warehouse will cover 18 ropanis (100,000 sq ft) of land. It will be strategically located near the Arniko Highway and Nepal Police School. The facility will include 45,000 sq ft of built-up space with a total storage capacity of over 100,000 sq ft.

The warehouse will use a Grade-A Pre-Engineered Steel Structure (PEB), making it seismic-resistant. It will feature High-Density Racking (HDR) and multi-tier shelving for better storage management. The warehouse will also offer Built-to-Suit (BTS) facilities for anchor clients across various sectors. These include FMCG, FMCD, e-commerce, retail chains, electronics, and auto parts industries.

Sustainability will be a priority in the facility’s design. Green energy, rainwater harvesting, and waste management systems will be incorporated into the infrastructure. Corescape Design LLP, a well-known design firm from India, is responsible for the warehouse’s planning and design.

Financial Details and Investment

The total cost of the project is estimated at NPR 1.2 billion. NPR 950 million has been secured through consortium debt financing. Citizens Bank International and Machhapuchchhre Bank are leading this financing. In addition, Dolma Impact Fund II and other investors are contributing equity to the project.

Ganesh Pokharel, CEO of Citizens Bank International, highlighted the project’s significance:
“This warehouse is a milestone for infrastructure development in Nepal. It will unlock new economic potential for the country.”

Impact on Nepal’s Logistics Industry

Currently, Nepal’s logistics costs account for 20% of the GDP, primarily due to inefficiencies. Upaya’s 3PL model aims to reduce these costs by providing end-to-end solutions. These solutions will include storage, inventory management, invoicing, and transportation services. The new warehouse will help businesses by offering a scalable solution for their logistics needs.

Ranjeev Shrestha, Co-founder of Upaya, emphasized:

“We plan to replicate this model across the country. Our goal is to drive efficiency and modernization in Nepal’s logistics sector through technology and improved infrastructure.”

Industry Support and Future Expansion

The project has received strong support from industry leaders. Santosh Koirala, CEO of Machhapuchchhre Bank, praised the initiative:
“Innovative projects like this are crucial for Nepal’s economic growth. Such developments create opportunities in sectors with limited investible projects.”

The construction of Upaya Warehousing will begin in April 2025. The facility is expected to be completed by the end of 2026. After that, Upaya plans to expand its warehousing network to other major cities in Nepal. This expansion will enhance the country’s logistics and supply chain capabilities.

The launch event for the project saw participation from Dolma Impact Fund, Pragati Infra Solutions (India), logistics experts, financial institutions, and potential clients. This strong industry support indicates that the project will be a key driver of change in Nepal’s logistics sector.

For more: Nepal 3PL Warehouse

25th March 2025, Kathmandu

On Monday, the Koshi Province Government launched two new funds to support small and medium enterprises (SMEs): the Udaya Guarantee Fund and the Udaya Challenge Fund. These funds will provide loan guarantees, making it easier for SMEs to access financing.

Koshi Province SME Loan Guarantee Funds

The initiative aims to foster the growth of local businesses by addressing their financial challenges, enabling them to expand and contribute to the province’s economic development. This move is a significant step toward supporting entrepreneurship in the region.

Key Leaders Inaugurate Funds

Minister for Industry, Commerce, and Supplies Damodar Bhandari, Koshi Province Economic Affairs Minister Ram Bahadur Magar, and Swiss Ambassador Danielle Meuwly attended the launch event in Kathmandu.

SMEs Critical for the Economy

Minister Bhandari stressed the importance of SMEs for Nepal’s economy. He said many SMEs struggle due to a lack of collateral. “This initiative will help them secure loans and grow,” he added.

Minister Magar called the funds a major step forward. “They will create jobs and attract investment to Koshi Province,” he said.

Swiss Support for Sustainable Growth

Ambassador Meuwly praised the province’s efforts. She said Switzerland has long supported Nepal’s development. “These funds will help shift Nepal from aid-based to trade-based growth,” she explained.

How the Funds Work

The Provincial Credit Guarantee Fund has a budget of NPR 600 million.

The Koshi Province Government and Swiss Development Cooperation each fund 50%.

Banks will receive partial guarantees, reducing risks when lending to SMEs.

Over 3,000 SMEs could benefit.

Part of the Udaya Project

The funds fall under the Udaya Project, a Nepal-Swiss partnership started in November 2023. The project runs until 2027 and focuses on:

Business training for SMEs.

Financial and technical support.

Reducing risks for lenders.

A digital portal for SME resources.

The total budget is NPR 1.149 billion, with 62% from Switzerland and 38% from Koshi Province.

A Model for Nepal

Ramesh Ghimire, CEO of the Deposit and Credit Guarantee Fund, said this approach could expand nationwide. “It makes SME lending safer for banks,” he noted.

Expected Benefits

The funds aim to:

Increase SME access to loans.

Boost business growth and innovation.

Strengthen Koshi Province’s economy.

This initiative marks a major effort to empower SMEs, create jobs, and drive sustainable economic growth in Nepal.

For more: Koshi Province SME Loan Guarantee Funds

25th March 2025, Kathmandu

The government has removed Kulman Ghising, the Managing Director of Nepal Electricity Authority (NEA). The Cabinet meeting on Monday made the decision, to appoint Hitendra Dev Shakya as his replacement.

Nepal NEA Chief Kulman Ghising Fired

Ghising, credited with ending Nepal’s chronic power shortages, was dismissed while working in a remote Chepang village in Makwanpur. At the time, he was leading a project to bring electricity to homes in Khairang, a place where many had never had power before.

Controversial Decision Triggers Public Outrage

The sudden dismissal has sparked widespread criticism. Many believe the move is politically motivated, as Ghising is highly respected for his role in eliminating Nepal’s infamous 18-hour daily load-shedding. Under his leadership, electricity supply improved significantly, making power shortages a thing of the past.

Energy Minister Deepak Khadka played a key role in pushing for his removal. Khadka had previously downplayed Ghising’s contributions, stating that electricity imports from India, rather than internal reforms, ended the power crisis.

Ghising’s Final Contribution – Bringing Light to Khairang

Even on the day of his dismissal, Ghising remained focused on his mission. He was in Khairang, Makwanpur, where he switched on the first electricity meter for a 70-year-old resident, Tulkumari Chepang. Three other families also received electricity for the first time that day.

As part of the initiative, the NEA provided 303 free meters to poor families in Raksirang Rural Municipality. The local government honored Ghising for his dedication, and he promised to replace old poles and upgrade transmission lines to ensure better service in the area.

Political Motives Behind the Removal?

Many believe Ghising’s removal is driven by political interests rather than performance issues. His leadership at NEA transformed Nepal’s power sector, bringing stability and reducing dependency on imports. Critics argue that replacing such an experienced and result-oriented leader could put Nepal’s energy security at risk.

Minister Khadka had recently warned of possible power cuts, raising concerns that load-shedding might return under the new leadership. With Ghising gone, uncertainty looms over Nepal’s energy future.

Ghising’s Farewell Message

Before departing, Ghising addressed the villagers of Khairang. He stated, “A lamp’s light fades, but education and development must shine forever.” His last contribution—bringing electricity to a neglected rural community—symbolized his commitment to Nepal’s progress.

Now, many question the government’s decision to remove a leader who played a pivotal role in modernizing the country’s energy sector. With concerns over future power stability, public discontent continues to grow, pressuring the government to justify its decision.

For more: Nepal NEA Chief Kulman Ghising Fired

25th March 2025, Kathmandu

Narad Luintel is the new Chief Executive Officer (CEO) of the Nepal Stock Exchange (NEPSE). The Cabinet meeting on Monday evening made the official decision.

Narad Luintel Appointed NEPSE CEO

Luintel has a strong background in business and tourism. He previously served as Member Secretary of the Taragaon Development Committee. His leadership experience extends to various sectors, including academia and tourism management.

Selection Process

The process for selecting a new NEPSE CEO started with an open application. The recommendation committee invited applications from February 24 to March 9. A total of 10 candidates submitted their applications.

After reviewing qualifications, the committee shortlisted five candidates. These included Chudamani Chapagain, Narad Kumar Luintel, Purna Prasad Acharya, Badri Prasad Pyakurel, and Hemant Basyal. The selected candidates attended a presentation and interview at the Ministry of Finance on March 19.

Each candidate presented a professional work plan. Based on the evaluation, three finalists were recommended for the CEO position. Among them, Luintel received the highest marks and was officially appointed.

Luintel’s Background and Experience

Luintel, 45, is from Hariwan, Sarlahi. He holds a Master’s degree in Commerce from Tribhuvan University. His career includes key leadership roles in Nepal’s tourism and business sectors.

From 2015 to 2019, Luintel led the Taragaon Development Committee as Chairman. Later, he was reappointed as Member Secretary under Minister Prem Ale’s administration.

Luintel also worked as the Executive Director of the Nepal Academy of Tourism and Hotel Management (NATHM). However, he resigned after serving for about seven months when Sudan Kirati was the Minister of Tourism.

Besides his leadership roles, Luintel has been involved in teaching and tourism business for many years. His expertise in financial management, stock markets, and economic policies makes him a strong choice for leading NEPSE.

Expectations as NEPSE CEO

Luintel’s appointment brings new hope for Nepal’s stock market. NEPSE plays a vital role in the country’s financial sector, and strong leadership is essential for growth.

His experience in tourism and business will help shape new policies. Experts expect his leadership to focus on modernization, investor confidence, and better market regulation.

The stock market is facing many challenges, including market volatility, policy reforms, and investor participation. Luintel’s leadership will be crucial in handling these issues effectively.

With his knowledge and experience, Luintel is expected to introduce new strategies. These may include digital transformation, increased foreign investment, and improved financial transparency.

Conclusion

The appointment of Narad Luintel as NEPSE CEO is a major decision. His business expertise and leadership experience make him well-suited for the role.

NEPSE investors and stakeholders will now watch how he implements reforms. His tenure will play a key role in shaping Nepal’s financial market and economic growth.

For more: Narad Luintel Appointed NEPSE CEO

24th March 2025, Kathmandu

The E-Governance Blueprint 2081 represents a transformative step toward modernizing Nepal’s governance through digital innovation. The Center for Cybersecurity Research and Innovation (CSRI Nepal) and Information Security Response Team Nepal (npCert) have submitted critical recommendations to strengthen this initiative. Their insights aim to enhance accessibility, security, and efficiency in Nepal’s e-governance framework.

Nepal E-Governance Blue Print 2081

This article explores the key recommendations from the report, highlighting how Nepal can build a future-ready, inclusive, and secure digital governance system.

Why E-Governance Matters for Nepal

E-governance offers immense opportunities for Nepal, including:

✔ Efficient public service delivery (e.g., NID system, online tax filing)

✔ Enhanced citizen-government interaction

✔ Economic growth through digital innovation

✔ Improved transparency and accountability

However, challenges such as cybersecurity risks, data privacy concerns, and the digital divide must be addressed to ensure sustainable success.

Top Recommendations for E-Governance Blueprint 2081

1. Strengthening Digital Infrastructure

Expand internet access to rural areas to bridge the digital divide.

Minimize infrastructure duplication by leveraging existing systems like Nagarik App.

Digitize databases across ministries following international best practices.

2. Enhancing Citizen Engagement & Trust

Implement digital suggestion boxes in municipalities for public feedback.

Use AI and blockchain for secure, transparent feedback processing.

Boost digital literacy programs across all seven provinces.

3. Cybersecurity & Legal Reforms

Update Nepal’s Cyber Laws (e.g., Electronic Transaction Act, Muluki Penal Code) to align with global standards.

Ensure data privacy and security in all online government systems.

Establish IT wings in every ministry for better coordination.

4. Policy & Governance Improvements

Clarify the vision of the blueprint to avoid confusion with the Digital Nepal Framework.

Encourage Public-Private Partnerships (PPP) with telecom providers like Ncell for infrastructure development.

Reform policies to support efficient feedback mechanisms.

5. Academic & Institutional Development

Universities, not ministries, should lead academic courses on e-governance.

Promote collaboration among federal, provincial, and local governments.

The Road Ahead: A Sustainable Digital Nepal

For the E-Governance Blueprint 2081 to succeed, Nepal must:

Prioritize cybersecurity and data protection

Ensure inclusivity by reaching rural populations

Leverage emerging tech (AI, blockchain) for transparency

Maintain strong stakeholder engagement

By implementing these recommendations, Nepal can build a resilient, citizen-centric digital governance system that drives socio-economic growth.

Conclusion

The CSRI & npCert’s recommendations provide a comprehensive roadmap for Nepal’s E-Governance Blueprint 2081. By focusing on infrastructure, security, citizen engagement, and policy reforms, Nepal can create a future-proof digital ecosystem.

What are your thoughts on Nepal’s e-governance future? Share your views in the comments!

For more: Nepal E-Governance Blue Print 2081

24th March 2025, Kathmandu

The Nepal Securities Board (SEBON) has increased the underwriting limit for merchant banks. This decision will impact banks, financial institutions, and insurance company subsidiaries involved in securities underwriting.

SEBON Underwriting Limit Increase

SEBON spokesperson Niranjaya Ghimire explained the change. “Merchant banks can underwrite up to three times their net worth. This limit remains for independent merchant banks. However, subsidiaries of banks, financial institutions, and insurance companies can now underwrite up to their parent company’s net worth. The parent company must ensure liability coverage,” he stated.

Key Changes in Underwriting Rules

The adjustment falls under Schedule 9 (Clause G) of the Securities Businessperson (Merchant Banker) Regulations, 2064. Previously, underwriters could only underwrite securities up to three times their net worth, while investment managers could manage investments up to fifteen times their net worth.

SEBON’s decision on March 20, 2025 (Chaitra 7, 2081) adds a new provision. Now, if a subsidiary of a bank, financial institution, or insurance company signs an agreement with the parent company, it can underwrite up to its parent company’s latest audited net worth.

Impact on Merchant Banks

The change will give more flexibility to bank-affiliated merchant banks. With increased underwriting capacity, these institutions can participate in larger securities transactions.

Before this, they faced strict limits, restricting their ability to support big stock issuances. The new rule allows them to expand operations, enhance liquidity, and boost investor confidence.

SEBON has also clarified that the parent company must take full responsibility for underwriting risks. This ensures that financial stability remains a priority.

Benefits of the New Policy

This decision aims to strengthen Nepal’s capital market by increasing participation from large banking and insurance-backed institutions. Some expected benefits include:

Higher liquidity in the securities market

Better investment opportunities for institutional investors

Larger underwriting transactions for major financial groups

More robust financial backing for capital market issuers

Implementation and Next Steps

SEBON has yet to formally include this change in the Merchant Banker Regulations. Officials have confirmed that regulatory adjustments will be made soon.

Independent merchant banks, however, will still follow the old limit of three times their net worth for underwriting. Only subsidiaries with a parent company’s guarantee can use the new rule.

Conclusion

Nepal’s capital market is evolving, and regulatory changes are helping financial institutions expand. SEBON’s decision allows larger institutions to play a bigger role in securities underwriting. This move aligns Nepal with global capital market trends and ensures stronger financial backing for issuers.

Market participants must adapt to the new changes, but this shift promises a more active and stable securities market in Nepal. SEBON will monitor implementation to ensure compliance and market growth.

For more: SEBON Underwriting Limit Increase

24th March 2025, Kathmandu

The Birgunj Chamber of Commerce and Industries (BCCI) has completed its 49th Annual General Meeting (AGM) and convention, with key leadership positions filled for the upcoming term.

Birgunj Chamber of Commerce Election

During this meeting, Hari Gautam was elected unopposed as the President of the chamber, marking a seamless transition in leadership.

Along with Gautam, several other positions were filled by unanimous votes. Madhav Rajpal was appointed Senior Vice President, while Manoj Das will serve as Second Vice President. Shivji Prasad Kalwar was elected as General Secretary, and Anoj Rungta as the Treasurer. Additionally, Premchandra Goyal and Sushant Chachan were chosen as Secretaries, and Niraj Agarwal was appointed Assistant Treasurer. Naresh Tiwadewal secured the position of Assistant Secretary through a unanimous decision.

The only contested position was that of Assistant Secretary, for which Anup Agarwal was elected. The election process followed the chamber’s constitution, which stipulates that 12 officebearers should be elected.

The newly appointed leadership is expected to continue driving the Birgunj Chamber of Commerce and Industries toward achieving its mission of supporting and developing the business community in the region. Over the years, the chamber has played a critical role in representing the interests of local businesses, advocating for trade growth, and improving the economic environment of Birgunj and its neighboring areas.

According to Bal Mukund Kharel, the Chief Election Officer, the chamber members showed a broad consensus for most of the positions, except the Assistant Secretary role, which went to an election. This indicates strong trust and cohesion among the chamber’s members.

The chamber’s work is essential to fostering trade and commerce, and the new leadership will continue to focus on vital issues such as infrastructure development, access to finance, and creating a supportive environment for entrepreneurs. Their leadership will ensure that Birgunj remains a vibrant and growing economic hub for businesses.

In line with its constitutional framework, the Birgunj Chamber of Commerce and Industries will maintain its structure of 12 office bearers. The chamber will now focus on fulfilling its key objectives, which include boosting the regional economy, supporting local businesses, and creating better opportunities for industrial growth.

In conclusion, the Birgunj Chamber of Commerce and Industries has completed its leadership elections. With Hari Gautam at the helm as President, the chamber is poised for further growth and development, ensuring that Birgunj continues to thrive as a significant center for commerce and industry in Nepal.

For more: Birgunj Chamber of Commerce Election

24th March 2025, Kathmandu

Foton created history in commercial vehicle sales worldwide by crossing the mark of 10 million unit sales. Significantly, this achievement cements Foton as a leader in the global commercial vehicle industry, which will still drive economic growth and shape the future of transport with innovative and reliable vehicle solutions.

Foton 10 Million Commercial

Beyond borders, Foton has footprints internationally. It continues to break the boundaries of online commercial vehicle supply and has fulfilled high-quality and advanced technology for commercial vehicles, meeting the needs of evolving businesses around the globe. Efficient, long-lasting, and cost-effective mobility solutions make Foton a preferred choice for industries in sourcing trucks buses, and specialized vehicles.

On the contrary, none of such successful miles adds to the Foton history, but it has opened its doors to market possibilities and leads on to the platform of continuous growth. Thus, the future of commercial transportation is what Foton drives today by integrating intelligent and sustainable solutions, making it a cutting-edge technology company. Foton has the full commitment and implements an advanced fuel efficiency operating system while reducing emission levels from its vehicle systems that ensure overall contribution for the global level shift toward greener mobility.

Apart from excellent vehicles, the company also bolsters the economy through supply chain integration, employment creation, and the enhancement of transport networks. This company indicates that globalization market expansion is the pledge that such solutions are feasible in advancing industry into the future.

From another point of view, Foton will grow up holding fast to lead breakthrough changes in sustainable and efficient transport. The research and development advancement that Foton does creates and brings commercial mobility’s future into place when modern high-performance vehicles are made available for companies globally.

With over 10 million units sold and a strong vision for tomorrow, Foton continues to set the standards anywhere and anytime in the commercial vehicle sector, re-establishing its stamp on the world stage.

About Foton

Foton is one of the global leaders in manufacturing commercial vehicles, producing high-end trucks, buses, and specialized vehicles for various markets in the world. As China’s number one commercial vehicle enterprise, Foton is focused on the long run toward innovation, sustainability, and satisfying customers. With a strong presence in more than 110 countries, it continues to push the development of a transportation revolution that will contribute to global economic growth.

Foton is one of the global leaders in manufacturing commercial vehicles, producing high-end trucks, buses, and specialized vehicles for various markets in the world. As China’s number one commercial vehicles enterprise, Foton is focused on the long run toward innovation, sustainability, and satisfying customers. With a strong presence in more than 110 countries, it continues to push the development of a transportation revolution that will contribute to global economic growth.

For more: Foton 10 Million Commercial

24th March 2025, Kathmandu

The Embassy of Nepal in Yangon is organizing a two-day “Nepal-Myanmar Trade and Tourism Expo 2025” on 21-22 March 2025 at Lotte Hotel, Yangon.

Nepal-Myanmar Trade & Tourism 2025

As envisioned by the slogan “Coming together for Trade and Tourism Promotion”, the Expo comprises showcasing commodities, tourism, and information technologies by participating companies from Nepal and Myanmar. The Expo was jointly inaugurated by Union Minister for Commerce H.E. U Tun Ohn and Ambassador Mr.  Harishchandra Ghimire on 21 March 2025.

The Expo began with an exhilarating ceremony of ribbon cutting and balloon flying followed by a formal event which consisted of presentations, cultural performances, stall visits by the guests, and was concluded with dinner.

Welcoming guests Ambassador Mr. Harishchandra Ghimire asseverated that the Expo is the Embassy’s pursuit to enhance and extend Nepal and Myanmar’s relationship beyond historical religious linkages, and to consolidate partnership in potential sectors of trade, tourism, businesses, and people-people relations.

He hailed tourism and IT services as sectors where both countries can collaborate for mutual benefits. Ambassador Mr. Ghimire thanked the supporting partners – Nepal Tourism Board (NTB), KK Business Group, Kyay O Kyee Petroleum Products Co. Ltd, Myanma Tourism Bank, and IT Partners- Awesome Asia, Info Developers, Onepoint Financial Services, Citytech, Smart Choice Technologies and Diyalo technologies for their contribution and participation. He also thanked participating travel and tour companies from Nepal along with other participating companies from Myanmar.

The Union Minister for Commerce H.E. U Tun Ohn stated that Nepal and Myanmar attach great importance to Buddhist linkages in his remarks. Further, he mentioned that The significance of Lumbini to Myanmar people is of utmost importance, and therefore Nepal is a very attractive destination for them.

Similarly, he stressed the need to establish direct air connectivity between the two countries. Presidents of the Union of Myanmar Federation of Chambers of Commerce and Industries (UMFCCI) and Nepal Myanmar Chambers of Commerce and Industry also underlined the potentialities for tourism and IT trade between the two countries.

The presentation by Ms. Ranu Shah, Senior Manager of NTB shed light on attractive tourist places and activities in Nepal beyond Lumbini. Mr. Kyaw Dewa, Joint Secretary General of UMFCCI shared a glimpse of Nepal-Myanmar trade relations exploring huge potentials in commodity trade, particularly pulses and beans from Myanmar to Nepal and medicinal herbs, and handicrafts from Nepal to Myanmar.

The presentation by Mr. Binod Pokhrel, a representative from one of the participating Nepali IT companies highlighted the booming IT sector of Nepal. During the stall visit of more than 50 booths, the Union Minister and other guests showed keen interest in the products and services showcased at the Expo.

About 250 guests comprising of Government officials including the Chief Minister of the Yangon Region, Minister of Economic Affairs of Yangon Region, representatives from UMFCCI, members of Myanmar Women Entrepreneurs Network (MYAWEN), Presidents, Vice Presidents and members of the Union of Myanmar Travel Association (UMTA), Myanmar Travel Federation (MTF) and Myanmar Tourism Marketing Association (MTMA), representative from business community, CEOs and CCTOs from banking sectors, members of Nepali community attended the event.

More than 50 booths comprising commodities, Fast-moving consumer goods (FMCG), Gems and Jewelry, Tourism, Travel, and Tours, have set up stalls for the Expo.

For more: Nepal-Myanmar Trade & Tourism Expo 2025