Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Blast-scarred district in Tianjin takes ‘profound lessons’ from deadly Hong Kong blaze

November 30, 2025

Nepal slashes pricey permit to boost tourism, economy. But what’s the catch?

November 30, 2025

China’s factory activity contracts in November for 8th month in a row

November 30, 2025
Facebook X (Twitter) Instagram
Sunday, November 30
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Nepal slashes pricey permit to boost tourism, economy. But what’s the catch?
Asia

Nepal slashes pricey permit to boost tourism, economy. But what’s the catch?

adminBy adminNovember 30, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 4


Nepal is preparing to open one of its last untouched frontiers for foreigners by slashing the costly permit to enter Upper Mustang, a rugged plateau of ochre cliffs, hidden valleys and centuries-old Buddhist heritage.

The government has announced plans to replace the flat US$500 charge for a 10-day stay with a daily US$50 rate, a shift that tourism entrepreneurs believe will make the destination more accessible and help drive the local economy.

“We have been lobbying to reduce the permit fee for a long time, and this is a welcome move,” said Sagar Pandey, president of the Trekking Agencies’ Association of Nepal. “Previously, it would have taken 10 days to trek to Upper Mustang, but now it’s accessible by road and can be done in a few days. So, the hefty US$500 fee seems outdated.”

While the cabinet decided to reduce the entry fee last week, the rule will go into effect only after immigration regulations are amended. The Department of Immigration is still waiting for formal confirmation from the government, according to an official.

Snow-covered mountains tower over a village in Nepal’s Mustang district on November 12. Photo: EPA
Snow-covered mountains tower over a village in Nepal’s Mustang district on November 12. Photo: EPA
Upper Mustang, once the ancient kingdom of Lo, is part of the trans-Himalayan region in northern Nepal bordering Tibet. It is known for its Tibetan culture, dramatic landscapes, monasteries, sky caves and cave paintings.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Asia

Why South Korea-Japan ties may be tested by report on ship sunk in WWII

November 30, 2025
Asia

‘Zero-drama’ Singapore is just the ticket for Chinese tourists snubbing Japan

November 30, 2025
Asia

Thailand’s sidelined reformists battle ‘baan yai’ dynasties to repeat election win

November 30, 2025
Asia

Hotels hit back as Tokyo plans to hike lodging tax with percentage-based system

November 29, 2025
Asia

Malaysia’s Sabah begins voting as Anwar faces test over coalition’s performance

November 29, 2025
Asia

Why new coach Gavin Lee could be key to Singapore football’s revival: ‘future is bright’

November 29, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

China’s factory activity shrinks again in November, services cool – Markets

November 30, 2025

Revised wealth statements: KTBA urges FBR to modify its IRIS – Business & Finance

November 30, 2025

SC orders PPIB to return PG with interest to Spencer Powergen Co – Business & Finance

November 30, 2025

Use of certified wheat seed up by more than 2pc – Markets

November 30, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Blast-scarred district in Tianjin takes ‘profound lessons’ from deadly Hong Kong blaze
  • Nepal slashes pricey permit to boost tourism, economy. But what’s the catch?
  • China’s factory activity contracts in November for 8th month in a row
  • China’s factory activity shrinks again in November, services cool – Markets
  • Cultural events seen as new growth driver for Shanghai, drawing overseas tourists, talent

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Blast-scarred district in Tianjin takes ‘profound lessons’ from deadly Hong Kong blaze

November 30, 2025

Nepal slashes pricey permit to boost tourism, economy. But what’s the catch?

November 30, 2025

China’s factory activity contracts in November for 8th month in a row

November 30, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.