Govt seeking measures to address economic crisis In the first quarter of the current fiscal year, the government's expenditure is only 20 percent of the annual target. Business 20 Nov, 2023
Sugar prices are rising worldwide after bad weather tied to El Nino damaged crops in Asia Skyrocketing sugar prices left Ishaq Abdulraheem with few choices. Increasing the cost of bread would mean declining sales, so the Nigerian baker decided to cut his production by half. Business 19 Nov, 2023
Xi-Biden meeting seen as putting rocky relations back on course, though main differences remain Perhaps just shaking hands and sitting down together can be enough sometimes. World 16 Nov, 2023
Kaligandaki exports flower worth Rs 2 million Kaligandaki Rural Municipality of Syangja district has exported flower worth Rs 2 million in this festive season. Nepal 13 Nov, 2023
'National strategy involving all tiers of government in planning and execution crucial' Due to the overlapping inter-related challenges such as jobs recovery from the pandemic, inequality, climate change, and global economic issues, among others, development partners have suggested Nepal accelerate good investments and policy implementation, while creating inclusive opportunities and green jobs. Business 08 Nov, 2023
Trade deficit widens to Rs 366.88bn The country’s trade deficit stood at Rs 366.88 billion in the first three months of fiscal year 2023- 24, that is, between mid-July and mid-October. Business 30 Oct, 2023
EDITORIAL: Poll candidates The Commission for the Investigation of Abuse of Authority (CIAA) in its annual report has recommended that public post holders facing corruption charges be barred from contesting elections. Opinion 20 Oct, 2023
EDITORIAL: Eeconomic scenario Nepal Rastra Bank, the central bank, unveiled is macroeconomic update on Tuesday, revealing gradual economic recovery with improvement in remittance inflows, stable balance of payments (BoP), rising foreign exchange reserves, and narrowing down of the trade gap. Opinion 19 Oct, 2023
Remittance inflows surges, trade deficit narrows, BoP improves The latest macroeconomic update unveiled by the Nepal Rastra Bank (NRB) on Tuesday revealed gradual economic recovery, with improvements in remittance inflows, balance of payments (BoP) and gross foreign exchange reserves and narrowing trade gap. Business 18 Oct, 2023
NEA secures AA+ rating again from ICRA Nepal ​​​​​​​ICRA Nepal, the first credit rating agency of the country and a subsidiary of ICRA (Investment Information and Credit Rating Agency) Ltd of India, has assigned an issuer rating of [ICRANP-IR] AA+ to the state-owned Nepal Electricity Authority (NEA). Business 17 Oct, 2023
Indonesia-Nepal Business Forum focuses on narrowing trade gap ​​​​​​​The Embassy of the Republic of Indonesia, in collaboration with the Federation Nepalese Chambers of Commerce and Industry (FNCCI) and the Consulate of the Republic of Indonesia in Kathmandu, organised a Business Forum on Thursday. Business 06 Oct, 2023
'Energy transition key to South Asia's growth' ​​​​​​​The World Bank, in its latest ‘South Asia Development Update (SDU), Toward Faster, Cleaner Growth’ report has projected South Asia to grow by 5.8 per cent this year — higher than any other developing country region in the world, but slower than its pre-pandemic pace and not fast enough to meet its development goals. Business 06 Oct, 2023