Nepal Economic Digest (April 27, 2020) « Khabarhub
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Nepal Economic Digest (April 27, 2020)


27 April 2020  

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KATHMANDU: Economic Digest, a daily morning email digest, is basically a relatable summation of important business news from Nepal into easy-to-understand summaries.

36 firms face music during lockdown

Various firms, including surgical houses, meat shops, and department stores have faced action for selling daily essentials at an inflated price by taking advantage of the ongoing lockdown.

The Department of Commerce, Supplies, and Consumer Protection took action against these firms for selling daily essentials in an inflated rate.

Some 36 firms, including 2 firms from Banke district have faced action from the Department. The department has collected some Rs 5 million revenue as fine.

Around 1,000 foreign tourists waiting to be evacuated

Around 1,000 foreign tourists in Nepal are waiting for flights to take them back to their homes as Nepal is currently under lockdown to cope with the global pandemic of novel coronavirus.

They arrived in Nepal for mountain climbing, trekking, and other purposes in the spring season, and are seeking the help of their respective embassies and tourism-related organizations to return homes.

Nepal Tourism Board (NTB) chief executive officer Dr Dhananjay Regmi said that such a number of foreign tourists from around 60 countries, including China are currently stuck in Nepal due to lockdown.

Govt should provide guardianship to 5 million Nepalis abroad: NC

he Nepali Congress has said that the government should increase resources and provide guardianship to fight and keep all Nepalis at home and abroad safe from coronavirus.

There is a need to increase relief support, treatment and rescue of Nepali people in foreign countries stranded due to coronavirus pandemic after holding consultations about their situation, reads a statement by NC’s Spokesperson Biswo Prakash Sharma, referring to approximately 5 million Nepalis living in foreign countries.

Over Rs 2.13 billion deposited in COVID-19 fund so far

Over Rs 2.13 billion has deposited in the government fund to fight COVID-19 so far.

According to Spokesperson at the Office of Prime Minister and Council of Ministers, the amount has been deposited to the government’s Coronavirus Infection Prevention, Control and Treatment Fund as of Friday afternoon.

Medical equipment, safety materials being imported from Tatopani regularly

The Tatopani border point is being operated daily since it resumption on April 8. Medical equipment and safety materials are being imported regularly.

Chief of the customs office, Lal Bahadur Khatri, said Nepal has so far imported two PCR machines, 20,000 sets of testing kits, and 72,000 pieces of face masks.

Similarly, 12,000 pieces of disposable masks, 26,723 liters of sanitizers, 3,009 sets of gloves, and 12,260 sets of PPEs were brought.

The Tibet government of China provided health-related materials worth Rs 83 million to Nepal in a grant.

(Compiled and prepared by Swastik Aryal and Nitish Lal Shrestha)

Nepal Economic Digest is a daily morning email digest, basically relatable summations of the most important business news, happenings from Nepal into easy-to-understand summaries. The Institute for Strategic and Socio-Economic Research (ISSR), Nepal’s independent think tank, and Khabarhub — Nepal’s popular news portal — have joined hands to disseminate news from Nepal in the form of Economic Digest.

Publish Date : 27 April 2020 08:03 AM

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