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Gagan Thapa unveils 7-point plan to reform infrastructure development

KATHMANDU: Nepali Congress President Gagan Thapa has proposed seven policy reforms aimed at addressing delays and structural weaknesses in Nepal’s infrastructure sector. In a video message released on Monday, Thapa said outdated laws, procedural bottlenecks, and political interference have slowed…
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EU plans ‘Buy European’ rules to support local manufacturing

KATHMANDU: The European Union is preparing new ‘Buy European’ rules to support local manufacturing and reduce dependence on foreign suppliers, especially in key sectors like batteries, electric vehicles, and renewable energy according to FT. Under the proposal, known as the…
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Kenta Kon to become Toyota CEO from April 1

KATHMANDU: Kenta Kon will take over as Chief Executive Officer of Toyota Motor Corporation on April 1. The 57-year-old executive will lead the company at a time when the global auto industry is facing challenges such as U.S. Tariffs and…
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Green energy accounts for over 90% of China’s investment growth in 2025

KATHMANDU: China’s clean energy sector accounted for more than 90 percent of the country’s investment growth last year, according to a new analysis. The report shows that industries linked to electric vehicles, batteries, solar, wind power, and related technologies contributed…
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US sets up strategic critical minerals reserve under project vault

KATHMANDU: The US government has announced Project Vault, a new strategic reserve aimed at securing rare earths and critical minerals used in automobiles, EVs, and advanced manufacturing, according to The White House. The initiative, established through an executive order signed…