Author: Sam Allcock

Sam Allcock is a business and finance correspondent for Nepal Monitor, specializing in corporate earnings, market trends, and economic policy analysis. With over a decade of experience in financial journalism, Sam has reported extensively on South Asia’s energy, infrastructure, and investment sectors. His work combines data-driven insights with clear, accessible storytelling, helping readers understand the forces shaping Nepal’s economy. When he’s not tracking quarterly earnings reports, Sam enjoys exploring Himalayan trekking routes and studying emerging market economies.

In particular, to solve the problem of ‘digital divide,’ which the Nepalese government would mean as the inability of rural populations throughout the country to get necessary amounts of energy for further development, the government has put forward a highly developed plan of digital literacy for the country’s villages. The program revealed today by Ministry of Communications and Information Technology aims to offer at least fundamental computer and internet literacy to half a million-plus people in nascent regions within the next two years. The new project called ‘Digital Nepal for All’ will setup community information technology centers in each of…

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It was another major achievement for South Asian energy integration when Nepal inked a historic power deal that gives it a green signal to export electricity to Bangladesh via the Indian electricity network. The signed tripartite agreement has been signed in Kathmandu is significant for energy trade of South Asian countries and will stimulate significant economic opportunities for every party involved. According to the agreement, under the first phase of the contract, Nepal will sell 40MW of electricity to Bangladesh but intends to ramp this up later. It will be transmitted through the current Indian transmission system thus asserting a…

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Heavy rain has continued for one week and; thus, Kathmandu, the capital city of Nepal, has experienced severe flooding and landslides a few days ago. Heavies rainfall has therefore interfered with people’s routines and normal lives and a number of people have been affected and buildings destroyed in this city and the surrounding areas. The Met Forecasting Division said that over 200mm of rainfall has been recorded in the past 48 hours in Kathmandu valley, while the central, eastern and western hills have been receiving hefty amounts of rain leading to flash flooding in some of the valley areas and…

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The rains that are sweeping through Nepal are part floods, part cyclones, and part cloudbursts, and the country is drowning, literally. Kathmandu valley especially the capital city of nepal has been devastated,due to the flash floods and landslides that were caused by the unusually heavy rainfall. The number of casualties continues to grow and thousands of residents are affected, protests against the government and increased demand for its activities regarding disaster management, road construction, and urbanization. Kathmandu dwellers woke up to their roads and houses flooded due to the highest level of rainfall the city has seen in three and…

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Hundreds of Nepali journalists have gone for protest in different demos against one of the biggest media houses of Nepal, Kantipur Media Group (KMG) for not paying their dues wages and arbitrary firing of employees. The Federation of Nepali Journalists (FNJ) called for one hour daily protest right infront of KMG office from October 17. This move comes at a time when relations between the media workers and their employers has deteriorated reaching extreme levels This comes at a time when Journalists undergo some of the toughest conditions of working in the new era of media of Nepal. The protests…

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The share of dependent type of power in Nepal is gradually increasing, recent changes show that Nepal is ready to use renewable energy sources. There has been faith and commitments on scores of renewable source of energy where government has set target of 15% of total energy mix by 2030. Tentatively in this regard, the Upper Tamakoshi Hydroelectric Project, the largest hydropower project of Nepal, has now become fully operational. The $456 million project has since come on stream and now supplies the national grid to the benefit of the country that has cut down on imported power. Nepal’s Energy…

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The performance of Nepal’s economy is still plagued with some challenges as inflation rates are soaring high to hit the pockets of both the households and firms in Nepal. The tables prepared by the Nepal Rastra Bank depict that the yoy inflation rate was touching the peak of 7.26 % in September that is the highest level of inflation observed during the last two and half years. This has been occasioned by elevated food and beverage costs which were up by 9.02% to the similar period in the prior year. Higher inflation is already affecting the people of Nepal most…

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In Nepal’s scenic landscapes of green valleys and raised hillsides an evolving shift is happening. Across the nation farmers are turning to sustainable farming approaches and leaving behind the conventional practices that were once common. It goes beyond just raising productivity; this transformation prioritizes an all-encompassing method that incorporates care for the environment and fair practices. Among many who are taking on these new approaches is Kamala Thapa from the Kavre district. She used to depend largely on chemical fertilizers and pesticides. Currently I’m collaborating with nature rather than against it. Thapa uses intercropping methods by growing marigolds near her…

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The nation is seeing an important increase in renewable energy initiatives while striving to expand its energy options and cut dependence on fossil fuels. Known for its hydropower abilities in the Himalayas country is now aiming its energy plans toward solar and wind as well. In the last few years,the Nepalese administration has significantly improved its electrical power sector. In the previous five years the country launched 1.100 MW of new hydropower and gathered $1.7 billion in private funding. These actions have established the basis for Nepal’s dream of becoming a leading energy center in the region. Through its Energy…

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In a blow to climate change, Nepal has recently introduced powerful policies and programs to secure and advance the nation from the climate change changes. The government, along with its counterparts and development partners and in partnership with stakeholders, here and abroad, has embarked on an integrated and comprehensive strategies in dealing with the challenge that confronts this Himalayan kingdom. Among these are Nepal’s first National Adaptation Plan (NAP), an innovative approach being implemented to strengthen the nation’s capacity to cope with climate change impacts. Presented at the National Climate Summit in Kathmandu only a few days ago, the strategy…

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