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Nepal Tourism Board Celebrates 25 Years of Remarkable Achievements

The celebratory atmosphere resonated with a collective sense of accomplishment and optimism, setting the stage for Nepal's continued prominence on the global tourism map

In a momentous celebration marking the 25th anniversary of the Nepal Tourism Board (NTB), an array of dignitaries, including previous NTB chairpersons, ministers, representatives from tourism organizations, consuls, national and international guests, and diplomats, gathered for a reflective event on the progress and challenges within Nepal's dynamic tourism sector.

The commemorative event, held at a prestigious venue, showcased the rich cultural heritage of Nepal with vibrant cultural performances, felicitations, and the unveiling of the eagerly awaited In-Focus annual magazine. The highlight of the evening was a captivating promotional video that encapsulated the diverse beauty and attractions of the country.

Chief Guest Sudan Kirati, the Ministry of Culture, Tourism, and Civil Aviation, set an optimistic tone for the evening by recognizing the collaborative efforts that have propelled Nepal's tourism sector forward. Kirati emphasized the importance of preserving the authentic Nepali essence in tourism, urging for immersive experiences that showcase local traditions , culture, and unique practices. While commending infrastructure advancements, Kirati also voiced concerns about emigration issues and stressed the need for organized development to enhance overall living standards.

Dhananjay Regmi, the CEO of NTB, expressed gratitude and highlighted the remarkable achievements of the tourism sector, including surpassing the target of 1 million tourists. He joyfully noted an 85% rebound from the challenges posed by the COVID-19 pandemic, a feat globally applauded. Regmi underscored the significance of diversifying tourism aspects, emphasizing LGBTQ inclusion and the incorporation of events like the Dragon Boat Festival and Yogi Summit. He passionately advocated for Nepal to be seen as a destination for all seasons and all ages, not limiting itself solely as a mountaineering destination. Regmi also proposed the exciting initiative of "Nepal Visit Year 2025" and expressed optimism for positive policy changes.

The evening concluded on a high note with the distribution of awards for the sports week, recognizing and applauding the athletic achievements within the NTB community. The celebratory atmosphere resonated with a collective sense of accomplishment and optimism, setting the stage for Nepal's continued prominence on the global tourism map.

As the Nepal Tourism Board embarks on the next chapter, the event served as a poignant reminder of the journey so far and the promising future that lies ahead for the nation's vibrant and diverse tourism sector.

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Beautiful View of Mountain Dhaulagiri (8167 m.)

सगरमाथा आरोहणको ७० औ वार्षिकोत्सवको अवसरमा सगरमाथा आराेही वागमती प्रदेशका पूर्वाधार विकास मन्त्री मा. युवराज दुलाललाइ पर्यटन विभागका महानिर्देशक होम प्रसाद लुइटेलद्वारा व्याच वितरण गरिदै

श्रीमान सचिव भरतमणि सुवेदीज्यू विभागकाे कfर्यबिबरण छलफल कार्यक्रममा निर्देशन दिंदै

श्रीमान सचिव भरतमणि सुवेदीज्यूलाइ विभागमा स्वागत तथा विभागकाे वारेमा महानिर्देशक होम प्रसाद लुइटेलद्वारा प्रस्तुतीकरण

KRISTOFFER JON ERICKSON receiving Good Luck Shawl for successful summit by DG Hom Prasad Luintel

विभागका महानिर्देशक श्रीमान सचिव भरतमणि सुवेदीज्यूको स्वागत एवम् पद बहाली कार्यक्रममा

महानिर्देशक श्री रुद्रसिंह तामाङज्यूबाट मिति २०७७/६/२५ गतेका दिन मनास्लु हिमालको आधार शिबिरमा भएको निरिक्षण तथा उक्त टिमको अवस्था बारेको जानकारी लिने क्रममा ।

Bahrain prince in Nepal to scale Mt Manaslu

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एकतारे देखि पाँचतारे डिलक्स स्तरसम्मका होटल र पर्यटक आवास रिसोर्ट) का सम्बन्धमा जारी आदेश,२०७० (Hotel Standard, 2070)

हालको सूचना | समाचार

Royalty Report (01 March 2024 To 10 April 2024)

Countrywise sagarmatha expedition (01 march 2024 to 10 april 2024), नाम सिफारिश सम्वन्धमा।, पाँचतारा डिलक्स तथा पाँचतारा हाेटलहरुकाे विवरण सार्बजनिक सम्वन्धी सूचना , दाबी बिरोध गर्ने सम्बन्धी सूचना, expedition update countrywise, mountainwise expedition update till october 13, 2023, mountainwise expedition permitted data autumn 2023, सूचीकृत गराउने बारेकाे सूचना ।, self declaration form of successful summit on the mountain, प्रेस विज्ञप्ती, पुन: ध्यानाकर्षण गराइएकाे सूचना , लिलाम सम्वन्धि सूचना, ध्यानाकर्षण गराइएकाे सूचना, राष्ट्रिय एकद्वार प्रणाली स्वीकार गर्ने सम्बन्धि सूचना, पर्यटन विभागमा स्तरवर्गीकरण भएका पाँचतारा डिलक्स हाेटलहरुकाे विवरण, पर्यटन विभागमा स्तरवर्गीकरण भएका साधारण रिसोर्ट, लक्जरी रिसोर्ट, डिलक्स रिसोर्ट र एक तारा देखि चार तारा सम्मका हाेटलहरुकाे विवरण, पर्यटन विभागमा स्तरवर्गीकरण भएका पाँचतारा स्तरका हाेटलहरुकाे विवरण, सगरमाथा आधार शिविरमा पर्वताराेहण अनुगमन तथा सहजीकरण समितिकाे बैठकमा पर्वताराेहण सम्बन्धी विभिन्न विषयहरूमा सराेकारवालाहरूसंग छलफल हुदै।, सम्पर्क अधिकृतहरुकोलागि जरुरी सूचना, क्यासिनो संचालन अनुमति सम्बन्धमा पर्यटन विभागको विज्ञप्ति, पर्वताराेहण अनुगमन तथा सहजीकरण समिति गठन गरिएकाे सूचना, चालु आर्थिक वर्ष माघ मसान्तसम्ममा इजाजतपत्र प्राप्त भएका क्यासिनो कम्पनीहरुको विवरण, इजाजत पत्र रद्द गर्ने सम्बन्धी सूचना, साहसिक पर्यटकीय गतिबिधी सञ्चालन गर्ने सम्बन्धि सूचना, चालु आर्थिक वर्ष २०७८/७९ को पौष मसान्तसम्म यस विभागमा प्राप्त राजस्व रकमको विवरण, चालु आर्थिक वर्ष पौष मसान्तसम्ममा इजाजतपत्र प्राप्त भएका क्यासिनो कम्पनीहरुको विवरण, additional hotels enlisted for quarantine, लकडाउनको प्रकृती अनुसार स्वास्थ्य मापदण्डको पालना गर्ने सम्बन्धि सूचना, विभागमा दर्ता भएका रिसोर्ट तथा तारास्तरका होटलहरूको विवरण, hotel/resort काे संकेत चिन्ह नि‍र्धारण गरिएकाे सूचना, सूची अभिलेख दर्ता पुस्तिका प्रकाशन गरिएकाे सूचना, एकतारेदेखि पाँचतारे डिलक्ससम्मका होटलहरुको वर्गीकरणको मापदण्ड, विदेशबाट नेपाल आगमन हुने यात्रुहरूको व्यवस्थापन सम्बन्धी आदेश,२०७८, hotels enlisted for quarantine, additional hotels list for quarantine, hotel standards provision and hotels enlisted for quarantine, lilam bikri sambandhi suchana (laptops. computers, printers, etc), notice for mountaineering expedition agencies, standards to be followed by nepalese and foreign citizens coming from abroad, special weather bulletin, notice for liaison officer, आरोहण व्यवस्थापन सम्बन्धी सूचना, पुराना जिन्सी मालसामान (फर्निचर ) लिलाम विक्री सम्बन्धी बोलपत्र आव्हानको सूचना, standards for streamlining of tourist visit, 2021:download file, notice on mountain guides license and identity card, पर्यटकहरुको आवागमनलाई ब्यबस्थित गर्ने सम्बन्धि मापदण्ड २०७७, notice on mountain guides licenses and identity cards, पर्यटन उद्योग सेवा प्रवाह निर्देशिका, २०७० को दफा ९४ मा साहसिक तथा मनोरञ्जनात्मक खेल/क्रियाकलापहरु सञ्चालन गर्नु पूर्व यस पर्यटन विभागबाट इजाजत लिनुपर्ने, notice of mountain guides license and identity card, notice for mountaineering expedition management, suchi abhilekh bibaran, on arrival visa notice, entry protocol for mountaineering expeditions and trekking in nepal , 2077 date of issue : 2077/06/09, पर्बतारोहण तथा पदयात्रा मा नेपाल आउँदा पालन गर्नुपर्ने शर्त सम्बन्धी मापदण्ड २०७७, बिश्व पर्यटन दिवसको अवसर शुभकामना संदेश, शोक विज्ञप्ति: आँङरिता शेर्पाको असामयिक निधन सम्बन्धमा, kathmandu: hotel list name for quarantine: काठमाण्डौ प्र जि अ वाट क्वारेन्टाईन प्रयोगका लागि प्रकाशित होटलहरुको सूची आवश्यक जानकारीका लागि, आर्थिक वर्ष २०७७ को लागि कार्यालय मसलन्द सामग्री आपूर्ति सम्बन्धि सूचना.

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Friday, 12 April 2024 06:43 AM

Nepal Tourism Board initiates process for new CEO appointment

Published On: April 6, 2024 02:00 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, April 6: The process of appointing a new Chief Executive Officer (CEO) of the Nepal Tourism Board (NTB) has commenced. 

A recommendation committee formed for this purpose issued a notice on Saturday, inviting applications from Nepali citizens who meet the qualifications.

The CEO position fell vacant following the end of CEO Dhananjay Regmi's four-year tenure in Magh 2076 BS. The process to fill this vacant position has now begun. Applicants must be Nepali citizens aged between 35 and 60 years.

The committee's recommendation emphasizes giving preference to candidates with a minimum of a master's degree in educational qualifications and experience in any tourism-related field. The details of the application process are available on the NTB's website.

In a recent cabinet meeting, Rishi Ram Bhandari, Rajendra Bahadur Lama, and Ram Prasad Sapkota were appointed to fill three vacant positions in the NTB. Subsequently, efforts are now underway to appoint a new CEO.

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Nepal to grow by 3.6 percent in 2023-24, ADB says

Post Report

Nepal’s economy is anticipated to grow by 3.6 percent in the current fiscal year, up from 1.9 percent growth in the last fiscal year, according to the Asian Development Outlook, released on Thursday.

The projection made by the Asian Development Bank is higher than the World Bank’s estimation of 3.3 percent made a week ago.

"A gradual relaxation of monetary policy coupled with improved consumer and investor confidence is expected to stimulate economic activity in the current fiscal year,” ADB Country Director for Nepal Arnaud Cauchois.

“Moreover, industry is projected to grow more rapidly than in the last fiscal year as capital spending by the government ramps up in the second half of the fiscal year, and as additional hydroelectricity power comes online by the end of this fiscal year.”

Manbar Singh Khadka, Senior Economics Officer at the Asian Development Bank, said that energy would be the key thrust as the country will add 900 MW of electricity to the grid by the end of the fiscal year. “Besides this, low-interest rates would boost the demand for credit, and growing tourism activities will stimulate economic activities.”

According to the Nepal Tourism Board, the country's tourism promotional body, the arrival numbers crossed the million mark in 2023, the first time in four years. This is the third instance that Nepal has received over a million tourists.

“The luxury hotel building spree will create jobs demand,” said Khadka.

He said that construction and manufacturing sectors that have stalled would pick up pace.

The agriculture sector may increase marginally from 2.7 percent in the last fiscal year to 2.8 percent this fiscal year as a record paddy harvest is tempered by a shortfall in winter crops and other agricultural production, given the deficient rainfall this winter.

The report projects annual average inflation to fall to 6.5 percent in 2023-24 from 7.7 percent in 2022-23 on subdued oil prices and a decline in inflation in India, Nepal’s main import source.

The report said that the lingering weakness in domestic demand that continued in the first quarter of this fiscal year will gradually dissipate in the remainder of the fiscal year as government investment outlays accelerate.

Private consumption expenditure will rise as remittance inflow strengthens and prices moderate, while private investment expenditure will expand on monetary easing and financial sector reforms encouraging term loans.

After contracting by 20.2 percent in the last fiscal year and a slow start in the current fiscal year, public investment is expected to expand by 1.5 percent under the 2023-24 budget as development projects are implemented.

Overall fiscal policy will support growth despite the deficit being slated to decline to about 3 percent of the GDP from 6.1 percent in the last fiscal year. The report said that exports would rise on higher electricity exports as Nepal continues to expand its production and transmission infrastructure.

However, merchandise imports, particularly of capital goods, will rise as capital expenditure ramps up, and service imports will rise on higher transport payments and travel costs for Nepalis going abroad.

On balance, net exports will subtract from growth.

The ADB said that external risks remain relatively well contained. The current account deficit may fall again into deficit after registering a surplus in the first half of 2023-24.

As the trade deficit contracted by 4.7 percent year-on-year in the first half of the current fiscal year, and as workers’ remittances expanded by 22.6 percent year-on-year, the current account recorded a surplus of $1.2 billion.

However, amid higher imports and stable remittance inflows in the remainder of the fiscal year, the 2023-24 current account deficit is forecast at 0.7 percent of the GDP.

“Downside risks to the economic outlook in 2023-24 may arise from a downturn in the global economy affecting Nepal’s tourism and remittance receipts,” said ADB Principal Economist for Nepal Jan Hansen.

Any intensified geopolitical turmoil could disrupt supply chains, pushing up global inflation and tightening global financial conditions. This may lead to a tightening of domestic monetary policy, undermining investment and consumption, and dragging down growth.

A downturn in the global economy would affect Nepal’s tourism and remittance receipts, the bank said.

Delays in the implementation of public projects could weigh heavily on growth as well. As Nepal is always at high risk from natural hazards, catastrophes can substantially reduce economic growth, according to the report.

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