Nepal News Evening Economic Brief – October 22, 2025
Summary
Nepal plans a new Company Act by February 2026, issues permits for 10 hydropower projects, and observes a shift to sugarcane cultivation by farmers amid ongoing market and infrastructure challenges.
Key Points
- The government will introduce a new Company Act by February 2026 to improve service effectiveness.
- Ten hydropower projects with a total capacity of 241.50 MW received construction permits in the first quarter.
- Farmers in Mulghat are shifting to sugarcane cultivation, significantly boosting local economic activity.
- Mustang Customs at the Korala border has collected over Rs 3 billion in revenue since becoming fully operational in September.
