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    Nepal receives remittances of 1.112 trillion  rupees in the current fiscal year

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Nepal, Malaysia agree to revise labor agreement

Metakhabar by Metakhabar
February 3, 2023
in Business, Featured-news, News
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KATHMANDU: A memorandum of understanding has been reached between Nepal and Malaysia to revise the bilateral labor agreement.

The agreement to this effect was reached between the two sides after the delegation led by the Home Minister of Malaysia, Saifuddin Nasution Ismail, met Prime Minister Pushpa Kamal Dahal ‘Prachanda’ on Friday.

According to PM Dahal’s Secretariat, the authorities concerned of both countries would work on mutual cooperation for the same.

During the meeting, a discussion was held on the issues related to carrying out activities jointly in the sector of trade, investment, tourism, and economic development by increasing high-level political and administrative visits and dialogue between the two countries.

On the occasion, Prime Minister Dahal stressed that the concerns of the welfare and security of Nepali workers in Malaysia should be addressed. “I on the behalf of the government want to thank the Malaysian government for the environment provided to the Nepali workers. We are confident that the Malaysian government will ensure Nepali workers’ welfare and security by making legal and institutional reforms to address problems, if any, in this regard. We are ready to collaborate with the Malaysian government on it,” the PM said.

The Prime Minister thanked the government of Malaysia for increasing the minimum wage of workers to 1,500 Ringgit from 1,200. Expressing commitment to strictly implement a free visa, free ticket system, he opined that the employment sector could be made more systematic if the provision was implemented.

Urging the Malaysian government to increase the number of Nepali workers in Malaysia in the future, he laid emphasis on the need for support from the government of Malaysia on the issue of making the labor sector open, transparent, accountable, effective, and systematic for Nepali workers in Malaysia.

Similarly, the Malaysian Home Minister said the Malaysian government was serious about the issue of the welfare and security of Nepali workers and bringing in foreign workers to Malaysia.

Stating that there is a need for workers in five economic sectors in Malaysia, he expressed commitment to make policy-level reform for the welfare of workers.

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Nepal receives remittances of 1.112 trillion  rupees in the current fiscal year
Business

Remittance inflow stands at Rs 221 billion in a month

by Metakhabar
October 15, 2026
0

Kathmandu, Oct 15: Remittance amounting to Rs 221 billion has entered the country during August 17 to September 16 (Bhadra)...

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