PM bats for minimising trade deficit with China PM bats for minimising trade deficit with China Business 15 Mar, 2023
Diversion tunnel of 216-megawatt Upper Trishuli-1 project completed The construction of a diversion tunnel of 216 MW Upper Trishuli-1 (UT-1) run-of-theriver hydroelectric project in Rasuwa district has been completed. Business 02 Mar, 2023
Nepal may have access to $52m thru IMF's ECF The International Monetary Fund (IMF) staff and Nepali authorities have reached staff-level agreement on the policies needed to complete the combined first and second reviews of the extended credit facility (ECF) arrangement. Business 01 Mar, 2023
Country's economic indicators positive: PM Prime Minister Pushpa Kamal Dahal has said that the economic indicators have turned positive in recent times. Business 13 Feb, 2023
Meera secures FDI Meera Biotech Pvt Ltd has secured a second round of foreign direct investment (FDI) equity funding from South Korea-based My Bio Co, Ltd. Business 19 Jan, 2023
No foreign investment in agriculture: NPC study A study carried out by the National Planning Commission has said foreign investment should not be made in the primary sector of agriculture. Nepal 26 Dec, 2022
Forex reserves increase by $130m in one month Significant improvement in remittance inflow coupled with import restrictions on certain non-essential goods seem to have propped up the country’s foreign exchange reserves, which rose by $130 million in the one-month period between mid-September and mid-October, as per the latest macroeconomic update unveiled by the Nepal Rastra Bank (NRB) today. Business 17 Nov, 2022
NC promises it will not dissolve HoR in manifesto In a rebuke to CPN-UML Chair KP Sharma Oli, the Nepali Congress pledged in its poll manifesto that it would not dissolve the House of Representatives due to inter or intra-party feud. Nepal 31 Oct, 2022
NPC vice-chair highlights challenges to global economy National Planning Commission Vice-chairman Biswo Nath Poudel addressed the opening session of the Third Ministerial Conference on Regional Economic Cooperation and Integration in Asia and the Pacific today. Kathmandu 30 Sep, 2022
'We enable entrepreneurs to increase inclusive and sustainable prosperity for local communities' NMB Bank’s joint venture agreement with the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO) has cemented its position as the market leader in managing environmental and social risks and the leading player in renewable energy and agribusiness in Nepal. Business 14 Sep, 2022
Actual net FDI inflow at only 36.5 per cent of total approval There is a huge gap between the approved foreign direct investment (FDI) and actual net FDI inflows in Nepal, according to a latest central bank report. Business 14 Sep, 2022
Nepal's FDI exceeds Rs 227 billion Nepal received foreign direct investment of over Rs 227 billion from 55 countries as of mid-July. Nepal 13 Sep, 2022
