CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Nepal to Sign Labor Agreements with Oman and Spain

CEO Tab by CEO Tab
October 24, 2024
in Prime News
0
Labor ministry begins discussion on labor migration policy
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

MoLESS Expands Labor Opportunities for Nepali Workers

You might also like

Nepal’s Economy Projected to Reach Rs 6.6 Trillion, but Growth Slows to 3.85%

FNCCI Reschedules 60th AGM and Leadership Election for May 4 After Court Stay

NPC Says Upcoming Budget to Emphasize Governance Reform and Long-Term Economic Growth

The Ministry of Labor, Employment, and Social Security (MoLESS) is actively working to establish new labor destinations for Nepali workers, with bilateral agreements in progress with Oman and Spain. Following high-level discussions, the draft agreement with Oman is awaiting government approval, while negotiations with Spain are being finalized through correspondence.

Kabiraj Upreti, an information officer at MoLESS, noted that alongside renewing agreements with Malaysia, Qatar, and South Korea, new agreements with Oman and Spain are on track. The zero-cost labor agreement with Malaysia, a key destination, is set to expire on October 28, five years after its signing. Renewals for Qatar and South Korea are also in progress.

In his first 100 days, Labor Minister Sharat Singh Bhandari reported significant advancements, including the completion of workplace-based security insurance for workers. The ministry aims to restructure the Employment Program for better disaster management and enhance social security benefits, including increased compensation for families of workers who have died abroad.

MoLESS is forming task forces to improve health check-ups for returning workers and to restructure the social security fund. The ministry has exceeded its registration goals for employers and contributors to the fund.

Additionally, efforts are underway to establish immigrant resource centers in 33 more districts, expanding access to information on foreign employment. The ministry is also focusing on building vocational training centers in Madhesh Province and facilitating loans for workers seeking overseas jobs.

Lastly, the ministry is preparing for operations at Gautam Buddha International Airport and Pokhara, ensuring labor approvals from these locations, while updating regulations to provide compensation of Rs 1,000,000 for deaths occurring during foreign employment or within a year of return.


Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal’s Economy Projected to Reach Rs 6.6 Trillion, but Growth Slows to 3.85%

by CEO Tab
April 29, 2026
0
Nepal’s Second Economic Census to Begin on March 15

Nepal’s economy is projected to reach Rs 6.6 trillion by the end of the current fiscal year (FY), marking an increase of Rs 401 billion, according to preliminary...

Read more

FNCCI Reschedules 60th AGM and Leadership Election for May 4 After Court Stay

by CEO Tab
April 29, 2026
0
Nepal trails behind many countries in 13 global indices

The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has announced that it will hold its 60th Annual General Meeting (AGM) and leadership elections on May 4....

Read more

NPC Says Upcoming Budget to Emphasize Governance Reform and Long-Term Economic Growth

by CEO Tab
April 29, 2026
0
NPC directs to carry out a feasibility study of tunnel in Myagdi

National Planning Commission (NPC) member Dr Sanjay Acharya has said the upcoming Fiscal Year (FY) 2026/27 budget will focus on strengthening good governance and laying the foundation for...

Read more

Nepal Launches One-Stop Digital Service Center to Streamline Investment Process

by CEO Tab
April 29, 2026
0
Investment Board to approve investment worth $10 billion  in 5 years

The Investment Board Nepal (IBN) has introduced a one-stop service center aimed at making investment procedures easier and more accessible for potential investors. The board has launched an...

Read more

Nepal’s Capital Gains Tax from Share Trading Falls by 36%

by CEO Tab
April 27, 2026
0
Govt collects CGT of Rs 4.23 billion in first month this FY

The government collected Rs 8.17 billion in capital gains tax (CGT) from share transactions during the first nine months of the current fiscal year, marking a 36.44 percent...

Read more
Next Post
Land acquisition initiated for transmission line of Arun III

88 MW of Power Integrated into National Transmission Grid in Just 100 Days

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.