Nepal News Evening Economic Brief – August 9, 2025
Summary
Madhes province faces stalled drinking water projects affecting 1.6 million people, while Nepal's life insurance business grew 16% in FY 2081-82. Nepal Telecom is losing market share to Ncell amid controversies involving Huawei. Nepal exported a record Rs. 17.46 billion worth of electricity in FY 2024/25.
Key Points
- 371 drinking water projects remain stalled in Madhes province, impacting 1.6 million residents due to funding shortages.
- Life insurance business in Nepal grew by 16.05% in fiscal year 2081–82 with increased premiums collected.
- Nepal Telecom lost 7.7 million mobile broadband customers in one year as Ncell gained market share.
- Nepal exported electricity worth Rs. 17.46 billion in FY 2024/25, marking significant growth in power exports.
