FNCCI, KOIMA sign MoU to promote Nepali products, expand investment The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and the Korea Importers Association (KOIMA) have signed a memorandum of understanding (MoU) to promote Nepali products and expand investment. Business 20 Dec, 2024
PM Oli calls on Chinese investors to expand investment in Nepal Prime Minister KP Sharma Oli has called on Chinese investors to expand their investments in Nepal. Nepal 04 Dec, 2024
Govt cooperates with private sector: Minister Bhandari Minister for Industry, Commerce and Supplies Damodar Bhandari has said the government was for cooperating with private sector to forward economic activities. Kathmandu 28 Nov, 2024
Country receives more than Rs 407 billion in remittances in three months The country received Rs 407.31 billion in remittances in the first three months of the current fiscal year, the central bank said today. Business 19 Nov, 2024
Nepal's LDC Graduation: Implication, Opportunities, and Pathways According to United Nation (UN), Least Developed Countries (LDCs) are defined as nations with the lowest socioeconomic development levels, characterized by low income, weak human assets, and high economic and environmental vulnerability. Nepal 01 Oct, 2024
PM Oli bats for doubling agro production Prime Minister KP Sharma Oli underscored doubling agricultural production and called for adopting modern and productive agriculture rising above subsistence farming. Nepal 11 Sep, 2024
Xi offers African leaders more aid as China challenges US-led global order Xi said China would eliminate tariffs on products from most of the world’s poorest countries, including 33 in Africa, in an expansion of existing exemptions. World 06 Sep, 2024
Nepal's foreign trade deficit stands at Rs 1,440 billion in last fiscal year Nepal suffered a trade deficit of Rs 1,440 billion while carrying out a foreign trade of total Rs 1,745 billion in the last fiscal year 2023/24. Business 23 Jul, 2024
Imports worth 1300 billion rupees, exports at 126 billion Goods worth Rs 1303 billion were imported, while exports were limited to just Rs 126 billion, according to the Department of Customs. Business 20 May, 2024
ADB projects Nepal's economy to grow by 3.6 per cent in FY 2024 The Asian Development Bank (ADB) has projected that Nepal’s economy is to grow by 3.6% (at market prices) in fiscal year 2024. Business 11 Apr, 2024
WB projects inflation to remain at 6.7 percent in 2024 The consumer price inflation in Nepal is expected to remain high at 6.7 percent in Fiscal Year 2024, close to the central bank's 6.5 percent ceiling, due to VAT exemptions removal, India's food export restrictions, and increased paddy minimum support prices. Nepal 03 Apr, 2024
Economic indicators gradually improving: PM Dahal Prime Minister Pushpa Kamal Dahal 'Prachanda' has said the country's economic indicators are on a positive trajectory due to the consistent efforts. Nepal 13 Mar, 2024
