Republica Watch

Lack of investment-friendly laws raises concerns as Investment Summit approaches

KATHMANDU, April 20: Despite the private sector’s recommendations to amend about two dozen laws to promote both foreign and domestic investment in the country, the government has yet to make any amendments. With only nine days remaining for the start of the Nepal Investment Summit-2024, where the government aims to attract foreign investment, the private sector is worried due to the absence of legal reforms.
Lack of investment-friendly laws raises concerns as Investment Summit approaches


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This Year

Published On: July 28, 2023 09:00 PM NPT

Meet Adukia: A most-wanted fugitive in the 100kg gold smuggling case
Meet Adukia: A most-wanted fugitive in the 100kg gold smuggling case

KATHMANDU, July 28: The Department of Revenue Investigation (DRI) has launched a manhunt for Rakesh Kumar Adukia, who is one of the two prime suspects...
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Published On: July 28, 2023 01:25 PM NPT

83 Nepalis stranded in Kuwait: No salary for 6 months, passports confiscated
83 Nepalis stranded in Kuwait: No salary for 6 months, passports confiscated

KATHMANDU, July 28: As many as 83 Nepali youths who traveled to Kuwait on November 3, 2022, in search of foreign employment have found themselves...
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Published On: July 27, 2023 06:30 PM NPT

Number of foreign junkets of ministers and secretaries on the rise despite govt’s pledge to adopt austerity measures
Number of foreign junkets of ministers and secretaries on the rise despite govt’s pledge to adopt austerity measures

KATHMANDU, July 27: The government's decision to restrict foreign travel as a cost-cutting measure is facing inconsistencies, with ministers and secretaries frequently disregarding the directive.
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Published On: July 21, 2023 03:50 PM NPT

Gold smuggling and gold-plated politics
Gold smuggling and gold-plated politics

KATHMANDU, July 21: Even though gold is smuggled into Nepal on a daily basis, it is not immediately recovered due to the strong influence of...
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