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
'China wants Nepal to implement agreements' China is waiting for implementation of bilateral agreements and memorandum of understandings with Nepal that were inked during the recent official visit of Prime Minister Pushpa Kamal Dahal, said Rajib Kumar Jha, a Nepali professor in China. Nepal 03 Oct, 2023
Country's trade deficit at Rs 233.30 billion in first two months Nepal’s trade deficit stood at Rs 233.30 billion in the first two months of fiscal year 2023-24, that is, between mid-July and mid-September. Business 25 Sep, 2023
Prime Minister Dahal pledges to protect Chinese investors and entrepreneurs The Nepal-China Business Summit jointly organised by the Federation of Nepalese Chamber of Commerce and Industries (FNC- CI) and China Council for Promotion of International Trade (CCPIT) in Beijing today, amid Prime Minister Pushpa Kamal Dahal’s visit to the northern neighbour Business 25 Sep, 2023
Nepal should take benefits from China's miraculous development, prosperity: FM Saud Minister for Foreign Affairs Narayan Prasad Saud has expressed the view that Nepal should reap the benefits of China's remarkable development and prosperity. Nepal 24 Sep, 2023
Various factors hindering Nepal's export potential Nepal’s total exports slumped 21.4 per cent to Rs 157.14 billion in the last fiscal year compared to a surge of 41.7 per cent to an all-time high of Rs 200.03 billion in the fiscal year 2021-22. The country’s exports continued to contract in the first month of the current fiscal year, with a drop of 8.7 per cent to Rs 13.53 billion compared to the same month of last fiscal. Business 22 Sep, 2023
NEA exports power worth over Rs 5.43 billion to India in two months Nepal Electricity Authority (NEA) exported power worth over Rs 5.43 billion to India in the first two months of the current fiscal year. Business 21 Sep, 2023
Exporting electricity worth Rs 130bn will end trade deficit: Governor Adhikari Nepal Rastra Bank Governor Maha Prasad Adhikari has said that the country’s trade deficit situation would end if the country could export electricity worth Rs 130 billion annually. Business 20 Sep, 2023
Trade deficit will end if power worth Rs 130 billion is exported: NRB Governor Nepal Rastra Bank is to provide necessary facilitation in development of hydropower sector, Governor Adhikari asserted. Business 19 Sep, 2023
EDITORIAL: Remittance economy With the surge in the inflow of remittances during the first month of the fiscal year, the current account has recorded a whopping surplus after 33 months of recession caused by the outbreak of COV- ID-19 and the war in Ukraine. Opinion 19 Sep, 2023
Nepal's current account records surplus after 33 months The Nepal Rastra Bank (NRB) unveiled its latest macroeconomic update today, indicating improvements in the current account. Business 18 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
