Samsung, Him Electronics to set up TV factory in Nawalparasi Him Electronics, a subsidiary company under Golchha Group, along with Samsung have announced plans to set up a television factory in Nawalparasi, giving a boost to the country’s electronics sector. Business 25 Aug, 2022
Government, private sector bat for investment from Indian investors The government and the private sector have urged Indian investors to invest in Nepal. Business 19 Aug, 2022
Govt committed to protecting IPR, says Badu Minister for Industry, Commerce and Supplies Dilendra Prasad Badu has reiterated the government’s commitment to protection of intellectual property rights (IPR) to motivate intellectuals and creative individuals and companies, and facilitate and enhance foreign direct investment (FDI) for economic prosperity. Business 18 Aug, 2022
Nepal's BoP deficit at Rs 255.26 billion Nepal’s balance of payments (BoP) deficit stood at Rs 255.26 billion in the fiscal year 2021-22 that ended in mid-July compared to a surplus of Rs 1.23 billion recorded in the previous fiscal year, the latest macroeconomic update of Nepal Rastra Bank (NRB) shows. Business 17 Aug, 2022
Research and development: Necessity for economic growth I believe in innovation, and the way you get innovation is you fund research and you learn the basic facts.– Bill Gates A study conducted to investigate the impact of research and development (R&D) on economic growth in the European Union during the period 2002- 2012 showed that an increase in R&D expenditure enhanced a country’s real gross domestic product (GDP). Opinion 20 Jul, 2022
Badu urges ambassadors to help increase exports Minister of Industry, Commerce, and Supplies Dilendra Prasad Badu has said ambassadors have an important role in attracting foreign direct investment to Nepal. Kathmandu 14 Jul, 2022
UK posts record current account gap, urges caution on data Britain racked up a record shortfall in its current account in the first three months of this year, as the deficit ballooned to 51.7 billion pounds ($62.8 billion) or 8.3% of gross domestic product, official data showed on Thursday. World 30 Jun, 2022
EDITORIAL: Far-West's potential Sudurpaschim Province is lagging behind in terms of development and economic progress despite the fact that it has abundant natural resources for agricultural development, tourism, herbal farming and livestock rearing. Opinion 14 Jun, 2022
Zambian flag raised on top of Mt. Everest to highlight bilateral relations Nepali Mountaineer Furba Ongel Sherpa successfully scaled and raised the Zambian Flag on the top of Mt. Everest, according to Zambia’s Honorary Consul in Nepal Desh Bandhu Basnet Nepal 30 May, 2022
BII celebrates $100 million milestone in Nepal British International Investment (BII), the newly rebranded UK government’s development finance institution (DFI) formerly known as Commonwealth Development Corporation, and Colonial Development Corporation (CDC), has announced that it has invested over $100 million in Nepal. Business 27 May, 2022
Nabil, OIBN sign MoU Nabil Bank has entered into a partnership with the Office of Investment Board Nepal to foster economic development in Nepal through promotion of foreign direct investment. Business 20 May, 2022
US getting closer to Bangladesh Looking for a strategic partnership? The US is seeking more engagement with Bangladesh now than ever before. Although the two countries’ diplomatic ties began on April 4, 1972, the current focus of US on Bangladesh reminds us that it desires a strategic partnership with Bangladesh. Opinion 20 May, 2022
