Cambodia extradites alleged scam mastermind to China after arrest

Cambodia says it has extradited to China a billionaire businessman accused of masterminding a vast cryptocurrency scam in which trafficked workers were lured to forced labour camps to defraud victims globally, BBC reported. 

Chen Zhi was among three Chinese nationals arrested on 6 January after a joint investigation into transnational crime lasting several months, Cambodia said.

The US charged the 37-year-old, who was born in south-east China, last October with running internet scams from Cambodia that it said had stolen billions in cryptocurrency, according to BBC. 

Energy Minister Kulman Ghising resigns

Minister for Energy, Water Resources and Irrigation, Physical Infrastructure and Transport and Urban Development Kulman Ghising tendered his resignation on Wednesday.

He submitted the resignation letter to Prime Minister Sushila Karki this evening.

Accepting the letter, Prime Minister Karki congratulated and thanked Ghising for efficient leadership of three important ministries for three and a half months.

She also wished him greater success in his future political endeavors.

Minister Ghising also expressed his gratitude to the Prime Minister for providing him with the opportunity to work during this interim period.

 

 

 

 

 

Four killed in Shankharapur bus accident

Four persons died in a bus accident in Shankharapur Municipality-3, Kathmandu.

Superintendent of Police Pawan Kumar Bhattarai, spokesperson of the District Police Range, Kathmandu, confirmed that four people have died and 22 others injured in the accident. 

He said that the bus (Ba 4 Kha 8788) returning from a picnic met with an accident at around 6 pm. 

The injured are being treated at various hospitals in Kathmandu. 

The bus was reportedly carrying 40 people, who were employees of the 'Nature Herb' organization, returning after a picnic, police said.

 

 

Around 600 police personnel face action for posting unprofessional social media posts

The Nepal Police has taken action against 599 of its service personnel for posting non-professional and unauthorized content contrary to policy related to social media use.

Spokesperson of Nepal Police, Abinarayan Kafle, shared that departmental action was taken against Deputy Inspector General to office assistant for making indecent comments against police organization and misusing police uniform in different social media platforms including Facebook, X and Tiktok.  

Kafle stated that the figure covers cases recorded up to the current date, starting from the fiscal year 2077/78 BS.

The Nepal Police had issued guidelines related to the use of social media in 2071 BS in order to make the use of social media disciplined and systematic. 

 

 

EC introduces new communication rules in code of conduct

The Election Commission has introduced a new regulation concerning communications within the election code of conduct. 

The Commission declared today during an event that throughout the election campaign prohibition period, no form of discussion, interaction, assembly, convention, workshop, or seminar is permitted, and it is forbidden to solicit votes or campaign through any method, process, or medium. 

According to the newly established regulation, details of campaign expenditures via online media must also be accounted for in election expenses. 

Political parties, candidates, and party-affiliated organizations are required to conduct their campaigns through online media and report such expenses in the election expense documentation. 

Furthermore, the new regulation emphasizes the internalization of the complete press freedom guaranteed by the Constitution along with its self-regulation. 

The definition of social media has been broadened to encompass specific social media platforms, while the utilization of artificial intelligence (AI) to contravene the code of conduct in evolving times has also been addressed. 

Provisions have been established to permit promotional materials to be published in any newspaper as part of newspaper promotions, and arrangements have been made to facilitate election campaigns through online media utilizing roadblocks, content blocks, homepage banners, detailed page banners, and box advertisements (within the news).

 

NC special general convention called for Jan 11

The Nepali Congress leaders, who are in favour of the party's special general convention, have called for the special general convention as per party's statute.

Organizing a press conference today, they shared that the special general convention will be held on January 11 and 12. 

The leaders determined that the special general convention was indispensable to make the NC strong, dynamic and in favor of the people in the existing difficult political scenario as well as to rebuild the party along with political policy making. 

Out of total general convention representatives, 54.58 percent (2,488) representatives had registered applications at the party office on October 15, 2025, demanding a special general convention. 

Though the Article 17 (1) of the party statute has clearly mentioned that the party's 15th general convention should be held within December 1, 2025, it was not held on the slated date, argued the leaders. 

There is a provision that a special general convention should be called within three months if 40 percent members of the general convention make written requests for the same. 

Central committee members--Ajay Babu Siwakoti, Pratima Gautam, Prakash Snehi, Devraj Chalise, Jagadish Narsingh KC, Subas Pokharel, Manoj Mani Achary, among others said no one has the right to neglect such demand.

They also urged all central general convention representatives to participate in the special  general convention

 

Sunil Thapa elected unopposed as National Assembly member

Nepali Congress candidate Sunil Thapa has been elected unopposed as a member of the National Assembly.

He was elected unopposed after no nominations were filed against him in the open category. 

With no contesting candidates, Thapa secured the seat automatically. 

The formal announcement of the result is scheduled for January 11.

 

 

 

 

Nepse plunges by 13. 35 points on Wednesday

The Nepal Stock Exchange (NEPSE) plunged by 13. 35 points to close at 2, 635. 94 points on Wednesday. 

Similarly, the sensitive index dropped by 2. 22 points to close at 455. 01 points.

A total of 10,633,717-unit shares of 323 companies were traded for Rs 1. 50 billion.

Meanwhile, Narayani Development Bank Limited (NABBC) was the top gainer today with its price surging by 6. 08 percent.

Likewise, SY Panel Nepal Limited (SYPNL) was the top loser as its price fell by 8. 45 percent.

At the end of the day, the total market capitalization stood at Rs 4. 42 trillion.