Nepal News Evening Economic Brief – June 23, 2026
Summary
Nepal News presents key economic updates including the Nepal-Spain Business Forum in Madrid, low pass rates for Israel caregiver jobs, NEPSE stock market decline, closure of thousands of businesses, and efforts like smart postal services and infrastructure upgrades across Nepal.
Key Points
- Nepal-Spain Business Forum 2026 emphasized strengthening bilateral trade and investment cooperation, focusing on textiles and handicrafts.
- Only 1,231 of 15,626 candidates passed the English test for caregiver jobs in Israel, far below the required demand of 2,300.
- Nepal Stock Exchange (NEPSE) dropped 26.16 points with a decline in turnover; hydropower stocks showed mixed performance.
- National Economic Census found around 38,000 business establishments permanently or temporarily closed due to economic challenges.
- An outbreak of bird flu in Kavrepalanchok poultry farms led to culling and containment measures, with possible supply disruption feared.
