News

Nepal government approves special price adjustment for construction contracts

KATHMANDU: The government has approved a special price adjustment mechanism for public construction contracts, providing relief to construction businesses affected by unusual increases in material prices. A Cabinet meeting held on Monday decided to implement the special price adjustment under…
News

Nepal proposes government compensation for hit-and-run victims

KATHMANDU: Victims of hit-and-run road accidents could receive compensation from a government fund under a new road safety bill proposed by the Ministry of Physical Infrastructure and Transport. The draft Road Safety Bill proposes that victims who are unable to…