Author: Himalaya Post

The Need for a Management Accounting (CMA) Institute for Nation-Building

Advocate Ram Chandra Rupakheti, Kathmandu- One institution that Nepal’s economy needs today more than almost any other is a statutory body for Cost and Management Accounting (CMA). From India, Sri Lanka, Pakistan, and Bangladesh to the United Kingdom, the United States, and Australia, countries around the world established such institutions decades ago, using them to instill cost discipline and performance accountability across industry, public spending, and the service sector. Nepal has yet to take this path. Nepal’s economy today rests on remittances, imports, tourism, construction, agriculture, and hydropower. Yet problems such as project cost overruns, inefficiency in public expenditure,...

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Handover of Award of Merit under the 2025 UNESCO Asia-Pacific Awards for Cultural Heritage Conservation to the Jestha Varna Mahavihar, Lalitpur which was implemented through Government of India’s grant assistance

Lalitpur – A handover ceremony took place at the Jestha Varna Mahavihar in Lalitpur in connection with the Award of Merit accorded to it under the prestigious 2025 UNESCO Asia-Pacific Awards for Cultural Heritage Conservation. The metal plaque and official certificate were handed over by Mr. Jaco Du Toit, UNESCO Representative in Nepal to the Jestha Varna Mahavihar User Committee in the presence of Shri Chiri Babu Maharjan, Mayor of the Lalitpur Metropolitan City and Dr. Rakesh Pandey, Deputy Chief of Mission of the Embassy of India, Kathmandu. The event was attended by local community members, representative from Indian...

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India and Nepal Strengthen Development Partnership Through School Infrastructure Project

Kathmandu- The foundation stone for a new school building at Shree Jan Adarsha Secondary School in Shivasatakshi Municipality-6, Jhapa district, was laid on Wednesday under the Government of India’s development assistance program. The foundation stone was jointly laid by Koshi Provincial Assembly Member Radha Krishna Khanal, Mayor of Shivasatakshi Municipality Meghahang Thopra, and Garima Nautiyal, Second Secretary at the Embassy of India in Kathmandu. The school building will be constructed with financial assistance of approximately NPR 30 million from the Government of India under the High Impact Community Development Project (HICDP). The project will be implemented through Shivasatakshi Municipality....

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Embassy of India Successfully Concludes Second Indian Ambassador’s Cricket Tournament in Kathmandu

Kathmandu- The Embassy of India in Kathmandu has successfully concluded the second edition of the Indian Ambassador’s Cricket Tournament, held from June 26 to 28 at the Tribhuvan University Cricket Ground and Mulpani Cricket Stadium. The three-day tournament featured eight teams representing the Embassy of India, Nepal’s Ministry of Foreign Affairs, the diplomatic community in Kathmandu, Nepali media, former Nepali cricketers, Government of Nepal officials, corporate organizations, and the Indian community in Nepal (ICAN). The tournament was inaugurated on June 26 in the presence of the Ambassador of India to Nepal, Shri Naveen Srivastava, Joint Secretary (South Asia Division)...

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Foton Motors Nepal marks another important milestone with the inauguration of the FOTON Butwal Showroom

Butwal – Foton Motors Nepal successfully inaugurated its new showroom in Butwal on Ashad 15. This expansion marked another step in the company’s ongoing effort to strengthen its presence across Nepal and bring its products and services closer to customers in the western region. With Butwal serving as a major commercial and transit hub, the new showroom was positioned to cater to customers from Rupandehi, Palpa, Nawalparasi, and surrounding districts, making Foton more accessible to a wider base of vehicle owners and buyers in the area. The official inauguration ceremony was held on Ashad 15, with Anil Kumar Baral,...

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