Nepal’s latest developments span governance decisions, legal accountability, infrastructure and energy progress, and major public safety and community concerns.
Politics & Governance
The Nepali government has asked Malaysia to remove 25 foreign employment firms from its Foreign Worker Centralized Management System, citing a dispute over their “principal” designation and ordering a halt on new Malaysia-bound approvals from affiliated firms while an investigation proceeds. The Nepali Congress has also imposed a strict campaign code for its 15th General Convention by banning banners, posters, and pamphlets, allowing only digital campaigning. In parallel, Sunil Lamsal said the government will not make laws to benefit middlemen and will focus on citizen-friendly legislation aligned with policy goals.
Foreign Worker Centralized Management System Nepali Congress campaign code Sunil Lamsal
Courts & Accountability
Vikal Paudel, former executive director of the Security Printing Center, was convicted by the Special Court over corruption connected to illegal asset acquisition, receiving a two-and-a-half-year prison sentence and a fine of NPR 41.94 crore. The court found his expenses exceeded his legal income by more than NPR 41 crore and rejected his claims of legitimate income tied to alleged foreign consultancy services. Separate from the corruption case, five individuals arrested in the Tripurasundari Temple offerings theft were released on bail, following concerns raised about security and accountability at religious sites.
Vikal Paudel corruption verdict Tripurasundari Temple offerings theft bail release
Economy & Business
Nepal’s House of Representatives concluded its second session after 145 days, passing 12 bills, including the Economic Bill 2083 and the Appropriation Bill 2083, with the House also expressing sorrow over flooding losses in the Bhotekoshi and Trishuli rivers. The Energy Ministry is meanwhile working to clear hurdles affecting transmission line construction, aiming to accelerate energy infrastructure development and improve electricity distribution.
House of Representatives second session closure Energy Ministry transmission line hurdles
Society & Community
A bus accident in Daunne, Nawalpur, left at least six people dead and 12 injured after the vehicle overturned and fell into a drainage ditch due to brake failure, with responders sending the injured to Madhyabindu Provincial Hospital while investigations continue. Separately, activists said the fight for climate justice is being ignored despite Nepal’s vulnerability to climate change, calling for stronger domestic action and greater international support to protect marginalized communities.
Bus accident in Daunne Daunne bus accident deaths Fight for climate justice
Date: October 03, 2026 (AD) | B.S.: Aswin 17, 2083
Top News
1. Nepal asks Malaysia to remove 25 foreign employment firms from foreign worker recruitment system (english.onlinekhabar.com)
Nepal has requested Malaysia to remove 25 Nepali foreign employment firms from its Foreign Worker Centralized Management System (FWCMS) amid a dispute over their designation as "principal" agencies. The 25 companies, which have sought to withdraw from the system, argue that the arrangement unfairly limits recruitment opportunities to a select few agencies, contradicting Nepali laws that provide equal status to all licensed firms. An investigation into these companies' involvement in the FWCMS is underway, with the Nepalese government halting new approvals for Malaysia-bound workers from affiliated firms until the inquiry is completed.
2. विकल पौडेल भ्रष्टाचार मुद्दामा दोषी ठहर, ४१ करोडभन्दा बढी बिगो र साढे दुई वर्ष कैद (newsofnepal.com)
Vikal Paudel, former executive director of the Security Printing Center, has been found guilty of corruption related to illegal asset acquisition by the Special Court. He has been sentenced to two and a half years in prison and fined NPR 41.94 crore after the court determined that his expenses exceeded his legal income by over NPR 41 crore during the investigation period. The court rejected Paudel's claims of legitimate income from various sources, including foreign consultancy services, which were deemed invalid due to his public office status.
3. Nepali Congress bans banners, posters and pamphlets for 15th General Convention campaign (english.onlinekhabar.com)
The Central Election Committee of the Nepali Congress has implemented a strict code of conduct for its 15th General Convention, banning all physical campaign materials such as banners, posters, and pamphlets to ensure a dignified and economical process. Only digital campaigning through social media and online platforms will be allowed. Additionally, the party has established a Rs 1 million humanitarian welfare fund to assist landless families and is preparing to appoint focal persons to advance pending bills.
4. त्रिपुरासुन्दरी मन्दिरको भेटी चोरी प्रकरण : पक्राउ परेका ५ जना धरौटीमा रिहा (www.onlinekhabar.com)
Five individuals arrested in connection with the theft of offerings from the Tripurasundari Temple have been released on bail. The incident has raised concerns regarding security and accountability at religious sites in the region.
5. Government will not make laws to benefit middlemen: Minister Lamsal (english.onlinekhabar.com)
Minister for Infrastructure Development Sunil Lamsal announced that the government aims to reform existing laws to foster development and investment, emphasizing the need for citizen-friendly legislation. During a workshop, he stated that laws should not benefit middlemen and highlighted that the government would not incorporate stakeholder suggestions that did not align with policy objectives. Lamsal reiterated the importance of creating laws that reflect the nation's values and contribute to effective infrastructure development.
6. At least six people killed, 12 injured in bus accident in Nepal (theannapurnaexpress.com)
At least six people died and 12 were injured when a bus overturned and fell into a drainage ditch in Daunne, Nawalpur, due to brake failure early this morning. The bus was en route from Kohalpur to Kathmandu along the Mahendra Highway when the accident occurred around 3:45 AM. Emergency responders transported the injured to Madhyabindu Provincial Hospital, and investigations are ongoing to identify the deceased.
7. प्रतिनिधि सभाको दोस्रो अधिवेशन १४५ दिनपछि समापन, १२ वटा विधेयक पारित (newsofnepal.com)
The second session of the House of Representatives officially concluded on Friday after 145 days, having commenced on April 11. During this period, 68 meetings were held, resulting in the passage of 12 bills, including the Economic Bill 2083 and the Appropriation Bill 2083, with 11 bills already certified by the President. Additionally, a special parliamentary committee was formed to study climate change impacts and disaster management, and the House expressed deep sorrow over the losses caused by flooding in the Bhotekoshi and Trishuli rivers.
8. Energy Ministry moves to clear transmission line hurdles (risingnepaldaily.com)
The Energy Ministry is taking steps to address obstacles in the construction of transmission lines. This initiative aims to expedite the development of energy infrastructure and improve electricity distribution across the country.
9. Daunne bus accident leaves six persons dead (risingnepaldaily.com)
A bus accident in Daunne has resulted in the deaths of six individuals. The incident occurred when the bus lost control and overturned. Authorities are investigating the cause of the accident.
10. Fight For Climate Justice Goes Unheard (risingnepaldaily.com)
Activists in Nepal are expressing frustration over the lack of attention to climate justice issues, despite the country's vulnerability to climate change impacts. They are calling for stronger government action and international support to address environmental challenges and protect marginalized communities.
Forex
| Currency Pair | Rate (NPR) |
|---|---|
| USD → NPR | 154.41 |
| CAD → NPR | 108.46 |
| AUD → NPR | 107.14 |
| GBP → NPR | 203.98 |
| JPY → NPR | 9.8 |
Metal Prices (International)
| Metal | Price (USD/oz) | Price (NPR/tola) |
|---|---|---|
| Gold | $4139.57 | NPR 239,696.37 |
| Silver | $60.4 | NPR 3,497.38 |
Disclaimer
- Forex rates are sourced from the Nepal Rastra Bank (NRB).
- International gold and silver prices are sourced from swissquote.
- Nepal gold and silver prices are sourced from Federation of Nepal Gold and Silver Dealers' Association.
Prices are provided for informational purposes only and may be delayed, or inaccurate.
