Nepal’s digital payment landscape has grown significantly, with a notable decline in cheque usage and a surge in mobile and QR code transactions. This growth is fueled by cost savings and government incentives like VAT refunds on digital transactions at hospitality venues.
Dove and Outreach Nepal have introduced an innovative advertising campaign in Nepal, featuring Augmented Reality (AR) technology to enhance traditional print ads. This campaign allows consumers to experience interactive content about Dove Bar’s benefits directly from newspaper ads by scanning a QR code.
Ncell has introduced a new feature in its app, allowing customers to apply for a Police Clearance Certificate for free. This service simplifies the process, saving time and effort, and includes free browsing of the Nepal Police website. Ncell continues to enhance its customer services with this valuable public offering.
Ncell, a leading telecommunications provider in Nepal, has renewed its service operation license for five more years, paying the first installment of NPR 5 billion. The renewal process, approved by the Council of Ministers, allows Ncell to continue operations, with the remaining balance to be paid in installments with interest.
Nepal is set to lift its nine-month ban on TikTok, following new regulatory changes. The government initially banned the app over social harmony concerns but now plans to reintroduce it with stricter guidelines. The move comes after TikTok pledged compliance with local regulations, addressing concerns while balancing user freedom and safety.
Digital Rights Nepal has released two analysis papers scrutinizing Nepal’s cyber security policies. The papers critically assess the National Cyber Security Policy and the proposed National Internet Gateway, highlighting potential risks to human rights, internet freedom, and privacy due to increased surveillance and governmental control over digital content.
WorldLink has launched its FTTH fiber internet service in Taplejung, Koshi Province, enhancing connectivity for residents, businesses, and government bodies. This expansion supports digital inclusion and provides high-speed internet access, IPTV, and improved opportunities in education, healthcare, and business in remote Nepal. WorldLink plans to extend services nationwide.
Experts at a cybersecurity event in Kathmandu emphasized the need for enhanced education, awareness, and a robust policy framework to combat rising cyber threats in Nepal. They highlighted the importance of practical skill development, grassroots cyber literacy, and a comprehensive National Cybersecurity Policy to protect the nation’s digital infrastructure and ensure long-term resilience.
Nepal Telecom (NT) reported a 16.44% decline in net profit for Q4 FY 2080/81, dropping to Rs. 6.62 billion. The decrease was driven by a 4.99% reduction in revenue and significant declines in investments and finance income. However, the company saw a slight increase in reserves and reduced operating expenses by 12.98%.
The DIGI Nepal Fintech Challenge, launched by the Swiss Agency for Development and Cooperation (SDC) and True North Associates (TNA), aims to promote digital innovation in Nepal’s fintech sector. The challenge offers an accelerator program with technical assistance, mentorship, and potential co-funding grants for selected participants to pilot their innovations.
