Nepal’s tourism experienced a dramatic turnaround last year after being hit by the twin disasters of a devastating earthquake and crippling trade embargo in 2015.
Foreign tourist arrivals to Nepal jumped 39.71 percent to 753,002 in 2016, boosted by robust visitor growth from India, China, the US, the UK and Sri Lanka, according to the statistics of the Department of Immigration.
However, 2016 arrivals are still 4.69 percent down from 2014 when the country welcomed 790,118 foreign visitors. The tourism boom is expected to continue in 2017 and remains a major growth driver for the economy even as the industry sees low overseas promotional activities.Add a comment
Export earnings from handmade products surged 19 percent in the first four months of the current fiscal year, thanks to sustained demand from markets like China, the US and Europe. Nepal’s handicraft industry is on the recovery path after suffering a massive hit from the earthquake and trade blockade last year. Statistics released by the Federation of Handicraft Associations of Nepal (Fhan) show that Nepal exported handmade products worth Rs1.98 billion during the period mid-July to mid-November Shipments amounted to Rs1.67 billion in the same period last year.Add a comment
Sabita Maharjan, a social entrepreneur, has been providing employment to hundreds of women in her knitting business.
She founded Kritipur Hosiery Industry in 2008 with the aim to uplift socially vulnerable and underprivileged women so they could be financially independent.Add a comment