Monday, 19 October 2026 · 02 Kartik 2083 B.S.
KathmanduThe measure of Nepali businessnepalstandard.com
NEPSE2,634.17 ▲ +8.2316 OctTurnoverRs 4.88 bn 16 OctUSD/NPR152.24 0.0018 OctEUR/NPR171.38 0.0018 OctGold / tolaRs 289,700 ▼ −40018 OctSilver / tolaRs 4,100 ▼ −5018 OctRemittance FY25/26Rs 2.36 trn ▲ +37.1%8 OctFX reserves18.8 mo imports8 OctInflation5.96% 8 Oct

Remittance

10 stories

The money Nepalis send home, and the migration behind it.

The long view Nepal's remittance economy · 2001–2026, 17 events

Labour migration

A dispute over 25 recruiters puts Malaysia, a top job market for Nepalis, at risk

Malaysia wants hiring to run through a short list of Nepali agencies. Kathmandu has refused and stopped approving new demand letters through them, while about 400,000 Nepalis work there.

10 October 2026
Pensions

Nepal's Social Security Fund passes 3m contributors, most of them working abroad

Mandatory enrolment for migrant workers has turned a scheme built for formal employees into a Rs 116bn fund. Most payouts so far have gone on old-age claims.

10 October 2026
Editorial

Nepal cannot keep exporting its young people as its main growth strategy

Remittances now exceed the national budget. That is a measure of failure at home as much as success abroad.

Rise & Fall

Prabhu Group's Devi Prakash Bhattachan: from remittances to a bank, and a fraud case still before the court

The chairman who built a money-transfer business into a commercial bank and a life insurer faces a fraud case over unpaid remittance agents, which he denies. Nearly a year after it was filed, no verdict has been reported.

Technology

Nepal's IT exports near $1bn, but the official books record a fraction

Software firms and freelancers now earn more abroad than many of the country's goods exporters, yet most of the money arrives labelled as remittance.

9 October 2026
Banking

Still on the grey list: what FATF scrutiny means for Nepal's banks and remitters

Assessors say Nepal's bank supervision passes muster; cooperatives, casinos, property and the failure to confiscate criminal assets do not. Here is what the grey list costs, and what would end it.

9 October 2026
Banking

Nepal's banks have record deposits and the cheapest loans in years, but borrowers are holding back

Lending rates have roughly halved since 2023 and deposits are growing twice as fast as credit. The central bank is betting on 11% loan growth as the World Bank cuts its forecast after the Rasuwa flood.

9 October 2026
Economy

Nepal's workers sent home more in one month than the state invested in a year

Remittances reached Rs 2.36 trillion ($16.19bn) in 2025/26, more than the national budget, while capital spending fell below half its target and private credit stayed weak.

9 October 2026
Leaders · Rise

How Chandra Dhakal built a bank on the money Nepalis send home

In 2001 most of Nepal's remittances moved through informal hundi brokers. The IME founder bet that migrant workers would trust a licensed company instead, and turned that bet into the country's largest bank.

Dashain Economy

Remittance money meets inflation as Nepal shops for Dashain

Record transfers from abroad should make this the biggest festival season yet. Prices, a closed China border and nervous shoppers are getting in the way.

9 October 2026
Remittance: news and analysis · The Nepal Standard