Press Releases

World Bank Reduces Nepal's Growth Outlook to 2.1 Percent

(MENAFN) The World Bank has sharply reduced its economic growth forecast for Nepal, projecting a mere 2.1% expansion for the 2025-26 fiscal year, down from a previous estimate of 5.2%. The adjustment comes amid escalating political instability and...

Everest Trapped Hikers Rescued After Snowstorm

(MENAFN) A severe snowstorm over the weekend left hundreds of hikers, guides, and yak herders stranded on the eastern slopes of Mount Everest in Tibet, but Chinese authorities successfully rescued 580 individuals, according to state media reports...

Nepal Announces Sweeping Relief Plan After Gen Z Demonstrations

(MENAFN) In response to devastating youth-led protests that rocked Nepal earlier this month, the country’s interim government has announced a sweeping relief and austerity package, aiming to rebuild a battered economy and stabilize key sectors,...

Nepal Unveils Relief Plan After "Gen Z" Demonstrations

(MENAFN) Nepal’s caretaker administration has introduced a long-demanded recovery and cost-cutting initiative to respond to the large-scale devastation triggered by youth-driven "Gen Z" uprisings earlier this month, local press reported on...

Nepal launches relief plan for massive destruction after "Gen Z" protests

(MENAFN) Nepal’s interim government has introduced a significant relief and austerity program to tackle the extensive damage caused by recent youth-led “Gen Z” protests, local reports stated on Thursday. The demonstrations resulted in more than 70...

Koenig Solutions Becomes VCF Education Delivery Partner for VMware by Broadcom Across India, Bangladesh & Nepal

Koenig Solutions becomes VMware VCF Education Partner for India, Bangladesh & Nepal, offering world-class cloud training to bridge regional IT skills gaps. NEW DELHI, DELHI, INDIA, September 26, 2025 /⁨EINPresswire.com⁩/ -- Koenig Solutions, a...

Nepal Premier Steps Down Amid Protests

(MENAFN) Nepalese Prime Minister K.P. Sharma Oli stepped down on Tuesday amid escalating unrest in Kathmandu, where widespread protests have plunged the capital into chaos and left at least 19 people dead. The resignation came just hours after...

Tourism Source Market to Grow at a CAGR of 6.6% and will Reach USD 1.1 Trillion by 2032

By tourist type, the group segment dominated the global market and is likely to remain dominant during the forecast period. WILMINGTON, DE, UNITED STATES, August 25, 2025 /⁨EINPresswire.com⁩/ -- The Tourism Source Market Size was valued at $599.40...

Kremlin Voices Hope for Rapid Return to Order in Crisis-Hit Nepal

(MENAFN) Kremlin spokesperson Dmitry Peskov on Wednesday voiced hope for a rapid return to stability in Nepal, where violent demonstrations over corruption allegations and a social media blackout have led to the prime minister’s resignation. At a...

We Ramblers offers Himalayan Adventure at Nepal with Khopra Ridge, Mardi Himal, and Langtang Treks

We Ramblers unveils new guided treks in Nepal: Khopra Ridge, Mardi Himal, and Langtang Valley. Explore hidden trails and sustainable adventure BANGALORE, KARNATAKA, INDIA, August 27, 2025 /⁨EINPresswire.com⁩/ -- In a bold reimagining of Himalayan...

JLPT Applicants Hit Record 1.72 Million as Demand for Japan Jobs and Tourism Soars

As demand for employment and tourism in Japan continues to rise, the number of applicants for the Japanese Language Proficiency Test (JLPT) has increased annually, exceeding 1.72 million in 2024, a record high. The number of JLPT applicants has...

We Ramblers Elevates Everest Region Treks With Insurance, Safety Protocols & Responsible Adventure Standards

We Ramblers sets new standards in Everest treks with full insurance, safety upgrades, certified guides, and responsible adventure practices. BANGALORE, KARNATAKA, INDIA, October 7, 2025 /⁨EINPresswire.com⁩/ -- We Ramblers, the pioneering adventure...

Tourism Source Market Set to Achieve a Valuation of US$ 1.1 Trillion, Riding on a 6.6% CAGR by 2032

By tourist type, the group segment dominated the global market and is likely to remain dominant during the forecast period. WILMINGTON, DE, UNITED STATES, July 8, 2025 /⁨EINPresswire.com⁩/ -- The Tourism Source Market Size was valued at $599.40...

Pristine Nepal Treks & Expedition Unveils Budget-Friendly Everest Base Camp Trek

Kathmandu, Bagmati Province , Aug. 04, 2025 (GLOBE NEWSWIRE) -- Pristine Nepal Treks & Expedition, a renowned name in Himalayan adventures, is thrilled to announce its latest offering: a 14-day Budget Everest Base Camp Trek. This new package is...

Tourism Source Market Poised to Reach US$ 1.1 Trillion by 2032 with a 6.6% CAGR

By tourist type, the group segment dominated the global market and is likely to remain dominant during the forecast period. WILMINGTON, DE, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- The Tourism Source Market Size was valued at $599.40...

Nepal’s FDI Sees Robust in 2024-25

(MENAFN) Foreign direct investment (FDI) commitments to Nepal experienced a robust 36 percent increase year-over-year during the first 11 months of the 2024-25 fiscal year, revealed the latest statistics from the Department of Industry. This...

Adventure Tourism Market Demand will reach a value of US$ 1947.5 billion by the year 2032 at a CAGR of 19.5%

By type, the soft segment is projected to witness the highest CAGR during the forecast period. WILMINGTON, DE, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- The adventure tourism market size was valued at $324.90 billion in 2022, and is...

Mountmandu Offers Unique Guided Treks Through Nepal’s Hidden Trails

Mountmandu redefines adventure travel in Nepal with ethical treks, cultural immersion, and expert-guided journeys through the heart of the Himalayas. KATHMANDU, BAGMATI, NEPAL, June 18, 2025 /⁨EINPresswire.com⁩/ -- Mountmandu, a rising name in...

NEPAL ADDED TO ATMOSPHERE CORE’S GROWING DESTINATIONS

Aarunya Nature Resort joins Atmosphere Core’s portfolio as it introduces its distinct blend of curated brand experiences and heartfelt hospitality to Kathmandu. MALE, MALDIVES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Atmosphere Core continues its...

Bajaj Group of Organisations Celebrates 40+ Years of Travel Excellence with Digital Revamp of Flagship Brands

NEW DELHI, NEW DELHI, INDIA, June 17, 2025 /⁨EINPresswire.com⁩/ -- Adventure World India Private Limited and Perfect Travels & Tours Private Limited Unveil Dynamic New Websites, Ushering in a New Era of Travel Excellence and Purposeful Tourism...