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

South Korea Cuts EPS Quota, Impacting Nepali Migrant Workers

CEO Tab by CEO Tab
December 26, 2025
in Prime News
0
Korean support worth over Rs 800 million for cyber bureau
79
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

South Korea has decided to significantly reduce the quota for foreign workers under its Employment Permit System (EPS), a move that will directly affect Nepali migrant workers.

You might also like

Government Approves Rs 1.5 Billion Subsidy for Sugarcane Farmers

NRB Tightens Reporting Rules for Remittance Companies

Nepal Ranks 90th in Global Economic Freedom Index

For 2026, the quota for non-professional workers under the E-9 visa has been set at 80,000, down from 130,000 in 2025—a reduction of 50,000 or 38.46 percent. The decision was taken by South Korea’s Foreign Workforce Policy Committee, which approved quotas for 17 labor-sending countries, including Nepal.

Korean authorities said the cut was necessary as the post-COVID surge in demand for foreign workers has stabilized. Economic slowdown, changing labor demand, and the underutilization of this year’s quota—only 48,668 permits issued out of 130,000 by November 2025—were cited as key reasons.

Despite the reduction, South Korea remains a major destination for Nepali workers. In total, the country plans to bring in 191,000 foreign workers in 2026, including 80,000 under the E-9 visa for manufacturing, agriculture, fisheries, and construction, and 109,000 under the E-8 visa for seasonal work.

Of the E-9 quota, 70,000 slots are sector-specific, while 10,000 are kept as a flexible reserve. The Korean labor ministry said visas will be allocated based on integrated demand-and-supply assessments rather than fixed sector-wise quotas.

Share32Tweet20
CEO Tab

CEO Tab

Recommended For You

Government Approves Rs 1.5 Billion Subsidy for Sugarcane Farmers

by CEO Tab
October 9, 2026
0
Government Approves Rs 1.5 Billion Subsidy for Sugarcane Farmers

Minister for Agriculture, Forests and Environment Gita Chaudhary has approved the procedure for distributing more than Rs 1.5 billion in incentive subsidies to sugarcane farmers in the current...

Read more

NRB Tightens Reporting Rules for Remittance Companies

by CEO Tab
October 9, 2026
0
NRB Tightens Reporting Rules for Remittance Companies

Nepal Rastra Bank (NRB) has tightened reporting requirements for remittance companies and financial institutions involved in remittance services, requiring them to submit daily transaction details within three days....

Read more

Nepal Ranks 90th in Global Economic Freedom Index

by CEO Tab
October 9, 2026
0
Nepal Ranks 90th in Global Economic Freedom Index

Nepal has dropped one position to 90th among 165 countries in the 2026 Economic Freedom of the World report, despite a slight improvement in its overall score. According...

Read more

CAAN Bars Airlines from Raising Airfares During Dashain

by CEO Tab
October 9, 2026
0
CAAN Bars Airlines from Raising Airfares During Dashain

The Civil Aviation Authority of Nepal (CAAN) has directed domestic airlines not to increase ticket prices during Dashain amid growing complaints about soaring airfares during the festival season....

Read more

NEPSE Gains 11.96 Points to Close at 2,578.73

by CEO Tab
October 6, 2026
0
NEPSE Gains 11.96 Points to Close at 2,578.73

Nepal’s stock market rebounded on Tuesday after falling for two consecutive sessions, with the NEPSE index rising 11.96 points to close at 2,578.73. Most subgroups posted gains, while...

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

Government Allows Land Plotting Under Power Transmission Lines

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.