Lockdown lowers pollution levels; gifts all clean air, blue skies Kathmandu The COVID-19 pandemic has shut industrial activity, cancelled flights and restricted vehicular movements, slashing emissions and air pollution around the world. Nepal has also seen something to be positive about when it comes to air... Art & Culture 29 Apr, 2020
Nepal a virgin land for investment: PM Oli We have adopted liberal investment and business policies, simplified investment procedures and ensured one stop service to open and close business ventures. We have allowed foreign investment in almost all sectors. Negative list is kept at... Travel 11 May, 2019
EDITORIAL: Inviting FDI The bill, approved by the cabinet, has pledged to treat the FDI and domestic investors equally when it comes to dealing with subsidy and tax exemptions The government has given the Department of Industry (DoI) more teeth when it comes to dealing with... 06 Jun, 2017
Cabinet okays Foreign Investment and Technology Transfer Act Kathmandu, June 4 Foreign investors can now get approval for investments of up to Rs five billion in Nepal from Department of Industry (DoI). The amendment bill of the Foreign Investment and Technology Transfer Act (FITTA), which was passed by... 05 Jun, 2017
Industries yet to be set up at Bhairahawa SEZ Kathmandu, March 21 Though all the 69 plots in Bhairahawa Special Economic Zone (SEZ) were booked in October last year, none of the companies that have been authorised to set up industries within this special zone have started construction... 22 Mar, 2017
Transforming FDI: Automatic route The automatic route in priority sectors would also put Nepal in a position to compete for FDI going into other South Asian counterparts by getting rid of the competitive disadvantage—the multilayer FDI approval system There is a lot of optimism... 15 Mar, 2017
Govt gives nod to Rs 29.83bn FDI on the eve of investment summit Kathmandu, March 1 Just a day before the Nepal Investment Summit kicks off in the capital, the government approved foreign investment worth Rs 29.83 billion today. A meeting of the Industrial Promotion Board, chaired by Minister for Industry... 02 Mar, 2017
House panel against liquor licence Kathmandu, September 29 The Industry, Commerce and Consumer Welfare Committee of the Legislature-Parliament has prevented the government from distributing licence for liquor industry. The meeting of the Industrial Promotion Board, led by Industry... 30 Sep, 2015
IPB decides to allow operation of microbreweries in country Kathmandu, September 23 For those who love craft beer and are eyeing investment in microbreweries, there is good news. The government has decided to issue permits to operate restaurants with microbreweries, allowing production of a maximum of 2,500... 24 Sep, 2015
Government approves local prefabricated industry KATHMANDU: The government has extended approval for the operation of prefabricated building manufacturing industry in the country. The meeting of the Industrial Promotion Board, led by Minister for Industry Mahesh Basnet has decided to allow... 15 Jun, 2015
Indian railways mulls what it can do for Nepal NEW DELHI: For those Nepali businessmen and travellers glued to the news, the upcoming railways budget in India could be encouraging. For the first time, Indian Railways Board has invited representatives of the Nepali business community in the... 07 Feb, 2010
UNESCO lauds government's decision to protect Lumbini KATHMANDU: The UNESCO office in Kathmandu has welcomed a recent decision of the Industrial Promotion Board under Ministry of Industry to limit industrial activities in and around the Lumbini World Heritage Site. The UN office has said it as an... Travel 28 Jan, 2010
