Nepse inches lower amid indecision in the bourse

Published On: April 1, 2019 03:00 AM NPT By: Republica

KATHMANDU, April 1: Stocks witnessed a surge in the beginning trading hour as the Nepal Stock Exchange (Nepse) index almost hit 1,150 points mark in the morning.

KATHMANDU, March 31: The business community has expressed concerns over the “minimal homework” the government did to entice foreign and domestic investors in the federal set-up. Experts argue that there was a “lack of coordination” between federal and provincial governments to identify priority investment areas that would help provinces to grow.

Investment summit encouraging, fruitful: PM Oli

Published On: March 31, 2019 02:32 PM NPT By: Republica

KATHMANDU, March 31: Prime Minister KP Sharma Oli has reiterated that government has centered its attention on building new Nepal with social justice. End of poverty and backwardness, and development of infrastructures are given top priority under the economic prosperity campaign, he added.

KATHMANDU, March 31: With a strong kick start to Investment Summit Nepal 2019, 615 delegates from over 40 countries provided a strong platform for dialogues and articulate discussions regarding Nepal's potential market.

KATHMANDU, March 31: The two-day ‘Investment Summit 2019’ concluded on Saturday with the signing of 15 memorandums of understanding (MoUs) with and among various investors, in addition to investment commitments to 17 various projects.

KATHMANDU, March 31: With the successful organization of the two-day investment summit, the government has said that the real journey to work with foreign investors has now started.

Investors seek implementation of government commitments

Published On: March 30, 2019 07:59 PM NPT By: Republica

KATHMANDU, March 30: Investors at home and abroad attending the 3rd Nepal Investment Summit have sought full implementation of Nepal government's commitment to put procedural reforms and policies for investment security, while expressing their excitements over favourable environment created for investment in Nepal.

KATHMANDU, March 30: Minister for Physical Infrastructure and Transport Raghubir Mahaseth said that Nepal is expecting to complete Detail Project Reports of Kathmandu-Kerung and Kathmandu-Raxual railways within one year.

Voting underway for a new NBA leadership

Published On: March 30, 2019 10:09 AM NPT By: Republica

KATHMANDU, March 30: Voting is underway for electing a new leadership of Nepal Bar Association, an umbrella organisation of legal practitioners in the country. A total of 10,313 voters are taking part in the voting that began at 8:00 in the morning and will run until 4:00 pm today.

KATHMANDU, March 30: Managing Director of Surya Nepal, Abhimanyu Kumar Poddar, has said that repatriating profits from Nepal has never been an issue.