Badly-needed economic reforms: Some suggestions The CPN UML-led government, with support from the largest party, the Nepali Congress, was formed in August with three main objectives: amendment of the constitution for political stability, strengthening governance and reforming the economy. Regarding constitution amendment, no effort has been made so far. Opinion 30 Nov, 2024
FDI practices in Nepal: Some perspectives Attracting foreign direct investment (FDI) is particularly challenging for Nepal due to its geopolitical location, economic nationalism, entrenched political partisanship, widespread corruption and longstanding regulatory environment. Opinion 27 Sep, 2024
The disappearing youth of Nepal: A national dilemma Nepal is grappling with a significant challenge: the widespread exodus of its young population. Opinion 08 Sep, 2024
EDITORIAL: Idle SEZs Nepal’s industrial development over the decades has been slow, unable as it has been to motivate the private sector to invest in industrial ventures. Opinion 12 Jul, 2023
Various factors keeping investment in SEZs at bay: PRI ​​​​​​​While the concept of Special Economic Zones (SEZs) in Nepal started with the initiation of the Bhairahawa SEZ over two decades ago, the pace of SEZ development and operation has been very disappointing. Business 11 Jul, 2023
Bhairahawa SEZ not in full operation even after 20 years of launch KATHMANDU: The Special Economic Zone (SEZ) of Bhairahawa is yet to come into full operation even after 20 years of its launch. The SEZ was established in a bid to promote trade, create jobs, and replace imports. Businesspersons complained that the... 08 Jan, 2021
Government to review rent in Bhairahawa SEZ again Kathmandu, January 16 The government is preparing to review the rental fee for factories operating from the Bhairahawa Special Economic Zone (SEZ) to lure industries inside the government protected area. The Ministry of Industry, Commerce and... 17 Jan, 2020
Complete projects on time, warns NEA Kathmandu, September 22 Due to frequent complaints made by industrialists and the general public of Province 5 of not receiving adequate amount of electricity, Nepal Electricity Authority (NEA) has warned the contractors building transmission lines... 23 Sep, 2019
Govt mulls higher import duty on luxury goods Kathmandu, June 12 A national work plan recently endorsed by the government to address the ballooning trade deficit of the country has envisioned higher import duty on luxury goods and raising country’s production base. The work plan states... 13 Jun, 2019
Amendment bill on SEZ Act gets House nod Kathmandu, March 10 The Parliament today gave its nod to the first amendment bill of the Special Economic Zone (SEZ) Act introducing a new provision under which industries located in SEZs will have to mandatorily export only 60 per cent of their... 11 Mar, 2019
Stakeholders stress effective application of SEZ Act Kathmandu, January 24 Stakeholders have said that the government should give high priority to implement provisions in the SEZ Bill to lure investors to the Special Economic Zones (SEZs). Addressing a roundtable discussion on ‘Issues of... 25 Jan, 2019
Govt relaxes export provision for firms in SEZ Kathmandu, January 15 The government has revoked the provision that made it mandatory for industries within Special Economic Zones (SEZs) to export 75 per cent of their produce right from the time they begin production. The SEZ Bill registered by... 16 Jan, 2019