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Government to increase minimum wage from next fiscal year: Minister Bista

Kathmandu, May 9 Minister for Labour, Employment and Social Security, Gokarna Bista, says that the government has started homework to increase the minimum wage of labourers in Nepal. The Ministry is preparing to increase the minimum wage of Rs 9,700 to Rs 15,000 a month to be effective from the next fiscal year which begins […]

Chinese e-commerce giant Alibaba enters Nepal

Kathmandu, May 8 Chinese e-commerce giant Alibaba has ‘entered’ Nepal and four other South Asian countries by acquiring a Pakistan-based company operating in the sub-continent. According to reports, Alibaba Group has bought the entire share capital of Rocket Internet’s Daraz Group, Rocket Internet. The financial details are, however, under the wraps. Daraz, founded in 2012, […]