Capital Club Nepal

🚨GAS QUEUES IN THE RAIN A CRISIS NEPAL KEEPS RECREATING
This week’s scene needs no caption:hundreds of Nepalis standing in monsoon rain,empty cylinders in hand, waiting for LPG gas that may or may not arrive.Some go home empty-handed after a full day.
Here’s the uncomfortable part this is not a one-off. It’s the third LPG crisis Nepal has faced in 2026 alone (February, April-May, and now August). Before that, winters brought the same scenes.
This is not a supply problem.It’s a design problem.
📌 WHY THIS KEEPS HAPPENING
→ Single-supplier dependency: Nepal’s LPG comes almost entirely from India, trucked in bulk. When one Indian refinery pauses for maintenance, Nepal has no Plan B and it keeps happening.
→ NOC’s boom-bust rationing:Half-filled cylinders introduced during one shortage, then a sudden switch back to full cylinders and the switch itself triggers the next shortage as households hoard partial fills.
→ Panic buying,engineered by mistrust:When a state monopoly has a track record of running dry,consumers stockpile the moment rumors spread.The fear becomes the shortage.
→ No pipeline infrastructure: Gas still moves by truck, not pipeline slow, exposed to bottlenecks and easy to disrupt.
→ Weak enforcement:Black marketing and overpricing complaints resurface every cycle with cylinders reportedly reselling at more than 3x the official price.
🌏 WHAT THE NEIGHBOURHOOD DOES DIFFERENTLY
→ India built dedicated LPG pipeline corridors and layered in Aadhaar/e-KYC-linked distribution digital verification that curbs diversion and panic hoarding.
→ Bangladesh broke the monopoly.Private players like Bashundhara and Omera compete in the LPG market so one company’s disruption doesn’t freeze the whole country.
→ Sri Lanka,post-2022,learned the hardest version of this lesson its fuel collapse came from zero reserve buffer and single-channel imports.Recovery meant diversifying suppliers and building actual stockpiles,not just managing queues better.
📌 THE REAL DIAGNOSIS
Nepal keeps treating each shortage as a supply blip a hotline,a rationing order an inspection drive.What’s missing is the structural fix:multiple suppliers,real distribution infrastructure,a strategic reserve and a monopoly that has earned back consumer trust.
Until that changes,this will not be the last time citizens stand in the rain for something that should simply be at the depot.

The Boiling Frog Economy:Why Nepal’s 29% Remittance Dependency Is a Serious Wake-Up Call, Not a Cushion

Nepal’s remittances have hit nearly 29% of GDP.That shouldn’t just be celebrated as a safety net.It should be treated as a warning.
Here’s the number that should worry every Nepali policymaker:In Q1 FY2025/26,more than 200,000 Nepalis received formal work permits-roughly 2,230 people a day.
They aren’t tourists or students.They’re workers.We’re not exporting products.We’re exporting the people who could be building them.
The Pakistan comparison and why it’s a caution,not a model
Pakistan pulled in $38.3B in remittances in FY2025,a record,larger than its merchandise exports.But massive inflows haven’t delivered the structural transformation Pakistan needs.Remittances prop up consumption and reserves but they also reduce the urgency to fix taxation, productivity, energy and exports.
Nepal is even more exposed:our Remittance-to-GDP ratio is 29%,well above Pakistan’s.
Bangladesh offers a different lesson
Its RMG industry built a real productive export base still 80% of exports today-while remittances became a supplementary cushion,not the main engine.

What Nepal needs to do now, not eventually:-
→ Monetize hydropower. An export asset that doesn’t require sending people abroad. Long-term PPAs and expanded electricity exports to India and Bangladesh can turn an underused resource into durable forex earnings.
→ Upgrade the workers we export. Move beyond low-skilled Gulf/Malaysia jobs toward nursing,IT,engineering, and technical trades-with bilateral agreements that protect workers and raise earnings.
→ Redirect remittance liquidity. Banks and policymakers should push more of this liquidity toward SME, manufacturing and export lending-not consumption and speculative real estate.
→ Pick 2–3 export sectors and build them seriously.IT services,Hydropower,Specialty agriculture.Herbal/Ayurvedic products.Tourism-linked services.
Nepal doesn’t need Bangladesh’s scale.It needs alternatives.
The frustration among young people across South Asia reflects the same root problem:domestic job creation hasn’t kept pace with aspirations,pushing more of them toward migration.
Remittances should be a bridge to a productive economy buying us time to build industries,skills,infrastructure and exports.
But if we become permanently dependent on them,the bridge becomes the destination.
Nepal cannot build its future by exporting its workforce forever.

https://www.facebook.com/share/p/1PEnJJmPma/?mibextid=wwXIfr

धितोपत्र दोस्रो बजारमा विभिन्न कम्पनीका संस्थापक, कर्मचारी तथा सामूहिक लगानी कोष (म्युचुअल फन्ड) का लागि छुट्ट्याइएको सेयरको लकइन अवधि सकिने क्रम सुरु भएको छ।

Will growing public frustration and shortages of basic necessities trigger another protest in Nepal?

Nepal doesn’t run out of patience overnight. It runs out slowly,in a hundred small failures,until one more becomes the last straw.
In the past two weeks alone: cooperative fraud victims camped out at Maitighar Mandala walking distance from Singha Durbar,chosen precisely because no minister can pretend not to see it.The Nepal Medical Association suspended non-emergency services nationwide, essentially telling the state: if you won’t protect us,feel what it’s like when we withdraw care.Meanwhile,deadly communal clashes in the south have pulled PM B***ndra Shah into crisis-management mode less than five months into office.
None of this is disconnected.It’s the same governance deficit that brought down a government last September, wearing different clothes.Teachers’ organizations have announced that their protest will start soon.
The uncomfortable question for anyone building or investing in Nepal right now isn’t “will there be another protest.” It’s whether the institutions meant to absorb public frustration courts,regulators,local government are being rebuilt faster than public patience is running out.

Right now, the frustration is outpacing the fixes.
Are you ready to handle
B***n PMO Nepal

Broad Peak: The 12th Highest Mountain That Just Claimed Nirmal Purja
This week’s tragedy on Broad Peak is a brutal reminder of why this mountain is so unforgiving.
On July 30, 2026,an avalanche swept ten climbers down Broad Peak’s main west-facing gulley up to a vertical mile.Among the dead:Nirmal Purja”Nims Dai”, the legendary Nepali climber who summited all 14 of the world’s 8,000m peaks,first with oxygen in 2019, then again without supplemental oxygen in 2024.

Why is Broad Peak so deadly?
At 8,051m in Pakistan’s Karakoram range,it looks “achievable” on paper not the famously brutal giant that K2 (its neighbor) is.But the danger is deceptive:

→ A summit ridge over a mile and a half long,with a soft cornice that can collapse underfoot
→ Steep upper sections riddled with avalanche and crevasse danger
→ Serac fields and unstable ice
→ Sudden, unpredictable Karakoram weather

The numbers:
As of 2018,roughly 406 climbers had summited and 34 had died trying.A fatality rate far higher than mountains twice as famous.This week adds several more names.

The mountain doesn’t care how experienced you are. Purja had climbed all 14 eight-thousanders twice.That’s the sobering part.

Before this climb,he asked the mountain for nothing but safe passage up and back down.This time,it didn’t answer.Rest easy,Nimsdai You are unforgettable 💔

Spanish show 🤧

देशकाे जीडीपी १०० खर्ब (१० ट्रिलियन) पुर्याउने जुक्ति 🤧

Heartbreaking for France 🇫🇷


Congratulations to the Spain 🇪🇸