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

Over 343,000 Nepali youths sought foreign employment in the first half of current FY

CEO Tab by CEO Tab
January 21, 2024
in Prime News
0
DoFE halts online service
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

More than 343,000 individuals received work permits from the government for foreign employment in the first half of the current fiscal year.

You might also like

Digital Economy Expanding Beyond Fintech and Digital Payments

Nepal Increases E-Passport Production Capacity

NRB Tightens Regulations on Hire Purchase Companies

According to the Department of Foreign Employment (DoFE), the figure was 71,000 less compared to the work permit issued by the government in the same period last year. During mid-July and mid-January of 2022/23, a total of 414,000 Nepalis received permits from the government for foreign employment.

Kabi Raj Upreti, information officer of the DoFE, said 65,813 Nepalis took permits for foreign employment just in one month between mid-December and mid-January. This included both the new permits and renewal of work permits for foreign companies.

Most of them were bound for the United Arab Emirates (UAE). Out of those who received permits last month, around 16,000 individuals sought jobs in the UAE, 14,000 each in Saudi Arabia and Qatar, 8,000 individuals in Malaysia, 3,000 individuals in Kuwait and 1,000 in South Korea.

Since the past few years, Nepal has been witnessing a massive brain drain of the youths from the country in the search of jobs abroad. A staggering number of more than 771,000 young individuals ventured abroad for foreign employment in the fiscal year 2022/23. More than 600,000 individuals pursued foreign jobs in the year following the pandemic.

According to the DoFE records, nearly all migrant workers from Nepal fall within the economically productive age group of 18 to 44 years. Over the past three years, half of these migrant workers were between the ages of 25 and 34 years old.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Digital Economy Expanding Beyond Fintech and Digital Payments

by CEO Tab
August 12, 2026
0
Digital Economy Expanding Beyond Fintech and Digital Payments

Nepal’s digital economy is expanding beyond fintech and digital payments into areas such as content creation, the gig economy and algorithm-driven businesses, experts said during a discussion organized...

Read more

Nepal Increases E-Passport Production Capacity

by CEO Tab
August 12, 2026
0
Nepal Increases E-Passport Production Capacity

The Department of Passports has significantly increased its capacity to produce electronic passports (e-passports) to meet growing demand. On August 10 (Shrawan 25), the department successfully printed 5,878...

Read more

NRB Tightens Regulations on Hire Purchase Companies

by CEO Tab
August 12, 2026
0
NRB Tightens Regulations on Hire Purchase Companies

Nepal Rastra Bank (NRB) has tightened regulations governing hire purchase companies to prevent excessive interest charges, improve transparency and strengthen financial discipline. Under the sixth amendment to the...

Read more

Government to Conduct On-Site Inspections of Madhesh Local Bodies Over Delayed Budgets

by CEO Tab
August 12, 2026
0
Government to Conduct On-Site Inspections of Madhesh Local Bodies Over Delayed Budgets

The government is preparing to conduct on-site inspections of local governments in Madhesh Province that have failed to announce their annual budgets within the stipulated deadline. According to...

Read more

Government to Raise Rs. 100 Billion in Internal Debt in First Quarter

by CEO Tab
August 11, 2026
0
Government to Raise Rs. 100 Billion in Internal Debt in First Quarter

The government plans to raise Rs. 100 billion in internal debt during the first quarter of Fiscal Year (FY) 2026/27, according to the annual borrowing calendar released by...

Read more
Next Post
NRNA

NRNA extends Rs 1 million support to Nepali cricket team

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.