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NRB allows banks to issue RFID prepaid toll cards, Moves to digitize highway payments

KATHMANDU: Nepal Rastra Bank has allowed commercial banks to issue RFID-based prepaid toll cards, marking a significant step toward digitizing road user fee collection and reducing cash-based leakages in the country’s transport system. The central bank, Nepal Rastra Bank, introduced the provision through an amendment to its Integrated Payment...

NRB allows banks to issue RFID prepaid toll cards, Moves to digitize highway payments
New parliament building delayed, Multipurpose hall to temporarily host oath and early sessions

New parliament building delayed, Multipurpose hall to temporarily host oath and early sessions

Chinese firms dominate technical evaluation for Nagdhunga Tunnel operation; 7 companies shortlisted

Chinese firms dominate technical evaluation for Nagdhunga Tunnel operation; 7 companies shortlisted

Naubise–Nagdhunga section of Prithivi Highway road project nears completion, 85% work finished

Naubise–Nagdhunga section of Prithivi Highway road project nears completion, 85% work finished

Reconstruction drive begins: Govt to spend Rs4.34 billion this year on protest-hit infrastructure

Reconstruction drive begins: Govt to spend Rs4.34 billion this year on protest-hit infrastructure

PM Karki directs officials to pursue alternative alignment for Kathmandu–Terai Fast Track

PM Karki directs officials to pursue alternative alignment for Kathmandu–Terai Fast Track

Govt collects Rs 5 billion in land revenue in Magh as property transactions remain weak

Govt collects Rs 5 billion in land revenue in Magh as property transactions remain weak

Govt spends 40pc of annual budget by Mid-February; Capital expenditure shrinks to 15pc

Govt spends 40pc of annual budget by Mid-February; Capital expenditure shrinks to 15pc

Legal barrier removed: Government to confiscate Rs 3.60 billion from Sunkoshi–Marin contractor

Legal barrier removed: Government to confiscate Rs 3.60 billion from Sunkoshi–Marin contractor

Development snapshot: Gandaki leads while Karnali and Sudurpashchim trail, govt survey shows

Development snapshot: Gandaki leads while Karnali and Sudurpashchim trail, govt survey shows

Gagan Thapa unveils five-point infrastructure roadmap, pledges governance overhaul

Gagan Thapa unveils five-point infrastructure roadmap, pledges governance overhaul

PM Karki inspects Kathmandu–Terai Fast Track, Orders acceleration of construction

PM Karki inspects Kathmandu–Terai Fast Track, Orders acceleration of construction

Kirtipur Cricket Stadium listed as national priority project, Rs 10 bn investment planned

Kirtipur Cricket Stadium listed as national priority project, Rs 10 bn investment planned

Rapid reconstruction underway on flood-damaged BP highway

Rapid reconstruction underway on flood-damaged BP highway

Ten firms, including chinese company, Apply to operate Nagdhunga–Naubise tunnel

Ten firms, including chinese company, Apply to operate Nagdhunga–Naubise tunnel

The high cost of Gen-Z protest: Nepal needs Rs 36 billion to fix damaged buildings and vehicles

The high cost of Gen-Z protest: Nepal needs Rs 36 billion to fix damaged buildings and vehicles

Government moves to restart stalled building projects

Government moves to restart stalled building projects

Nepal prepares for second National Economic Census, 5,000 enumerators to collect data across sectors

Nepal prepares for second National Economic Census, 5,000 enumerators to collect data across sectors

Nepal introduces multi-year funding rules: Focus shifts to priority projects

Nepal introduces multi-year funding rules: Focus shifts to priority projects

Rs 2.19 billion approved for reconstruction of disaster-hit roads in Ilam

Rs 2.19 billion approved for reconstruction of disaster-hit roads in Ilam

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