Govt ready to facilitate foreign investment: Minister Saud Minister for Foreign Affairs Narayan Prakash Saud stated that the government is ready to facilitate the inflow of foreign investment. Business 02 Jan, 2024
Revamping Nepal's FDI approach: Agenuine commitment to diversify investments a must Foreign direct investment (FDI) is recognised as a crucial means to bridge the funding shortfall and holds a substantial influence in driving swift economic advancement in the least developed nations. Opinion 06 Oct, 2023
EDITORIAL: Economic outlook The World Bank expects Nepal’s economy to rebound to 3.9 per cent in the current fiscal, which is one percentage point lower than its earlier projection, owing to “lagged impact of the lifting of import restrictions, strong rebound in tourism, and gradual loosening of monetary policy”. However, the projection is lower than that of India, Bangladesh and Bhutan. Opinion 05 Oct, 2023
Actual net FDI inflow 36.2pc of total approval The latest survey report on foreign direct investment (FDI) in Nepal published by the Nepal Rastra Bank indicates a significant gap in approved FDI and actual net FDI inflows in Nepal. Between 1995-96 and 2021-22, the total actual net FDI inflow stood at around 36.2 per cent of total FDI approval as per the survey report. Business 29 Sep, 2023
Call to operate direct flights from China President of Federation of Nepalese Chambers of Commerce and Industry Chandra Dhakal has said Nepal is looking forward to support from the Government of China for operation of direct flights to two new international airports, Bhairahawa and Pokhara in the major tourist destinations of Nepal. Nepal 25 Sep, 2023
SDGs in dire need of rescue plan: PM Dahal Prime Minister Pushpa Kamal Dahal has said more investment in people, support for structural transformation and achievement of rapid and sustainable recovery from the COVID pandemic was necessary for achieving the sustainable development goals. Nepal 19 Sep, 2023
Country received Rs 116 billion plus remittance in first month of current fiscal year According to the central bank, the current account remained at a surplus of Rs12.99 billion in the review period against a deficit of Rs 15.13 billion in the same period of the previous year. Business 17 Sep, 2023
JICA chief injured The Chief Representative of JICA Nepal Office was injured after a group of demonstrators pelted a stone at him as he passed by them in his car in Kathmandu today. His car was also damaged. Kathmandu 15 Sep, 2023
Minister lays foundation stone for dam of UT-1 Minister for Energy, Water Resources and Irrigation Shakti Bahadur Basnet has laid the foundation stone for the construction of 29.5-metre high dam of the 216 MW Upper Trishuli-1 (UT-1) runof-the-river hydroelectric project in Trishuli River of Rasuwa District. Business 13 Sep, 2023
PM Dahal seeks proactive role of envoys to promote Nepali migrant workers' rights Prime Minister Pushpa Kamal Dahal has directed Nepali ambassadors abroad to work keeping the interests of Nepali migrant workers at the first. Kathmandu 12 Sep, 2023
Startup Summit 2023 concludes successfully In a bid to foster entrepreneurship, promote innovation, and facilitate connections between startups, investors, and mentors and for the development of entrepreneurship capabilities in all aspects of startup development, implementation, etcetera, the ‘Startup Summit Nepal 2023’ was held here today. Business 10 Sep, 2023
Digital transformation: Key to enriching people's quality of life The COVID-19 pandemic has accelerated an already-ongoing process of massive digitalization in economic production and services together with the development of digital transformation, migration to digital platforms, and a surge in demand for digital services. Opinion 24 Aug, 2023
