Nepal News Evening Economic Brief – September 30, 2025
Summary
Nepal experiences a massive Dashain exodus from Kathmandu Valley, a sharp drop in electric vehicle imports, and a rising wave of startups gaining global attention amid economic challenges.
Key Points
- Over 550,000 people have left Kathmandu Valley during Dashain, highlighting the large-scale festival migration.
- Nepal's electric vehicle imports plummeted nearly 70% in the first two months of fiscal year 2025/26 compared to last year.
- The Nepal Electricity Authority's demand for trunkline dues has sparked industrial disputes in Rupandehi province.
- Nepal's startup ecosystem is expanding globally, with notable acquisitions and investments attracting international attention.