Ghimire is associated with Republica, English National Daily, since November 2013. He reports and writes on banking, financial, cooperatives, labor, foreign employment and Mount Everest expedition issues. Twitter:@sagarghi email@example.com
KATHMANDU, April 8: Prime Minister KP Sharma Oli expressed dissatisfaction about how local middlemen escalated sugar prices after the government announced a ban on sugar import to promote local industries and farmers.
KATHMANDU, April 5: The National Development Council (NDC) meeting has endorsed the approach paper of 15th National Plan and a long-term vision paper with various 'ambitious' targets like achieving 10.2 percent economic growth and raising per capita income to $1,600 by the end of the five-year plan, among others.
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 30: Prime Minister KP Sharma Oli has vowed to protect the investments of foreign investors in Nepal and 'guarantee' their profits, as part of the government efforts to woo foreign investment .
KATHMANDU, March 16: The Investment Board of Nepal (IBN) has approved a proposal for foreign direct investment (FDI) worth Rs 10.54 billion from a South Korean firm, Motrex Co Ltd, for setting up a vehicle manufacturing and assembly plant in Nepal.
Dan Alluf, Mashav Counsellor, Science, and Agriculture, was in Nepal as a guest speaker for ‘Small Farmer Summit, 2019’ that concluded on Friday. Mashav is Israel’s International Development Cooperation
KATHMANDU, Feb 19: The International Monetary Fund (IMF) has warned that prolonged rapid credit expansion by Nepal’s bank and financial institutions over the last few years has likely led to a build up of credit and liquidity risk.
KATHMANDU, Jan 30: A high-level task force formed to study the possibility of enrolling workers going for foreign employment in the country’s social security system has recommended to the government to include them in foreign employment provident fund and various social security schemes of the government.
KATHMANDU, Jan 20: The government has disbursed Rs 758.2 million in interest subsidy for loans floated under a concessional credit scheme for certain agricultural and livestock businesses. It bears five percent of the interest for loans disbursed by banks and financial institutions.
KATHMANDU, Dec 26: Nepal Rastra Bank (NRB) has set a limit on the payments that a Nepali national can make in India through electronic cards such as credit, debit and prepaid as well as point of sale (PoS).
KATHMANDU, Dec 14: The International Monetary Fund (IMF) has made an upward revision to its forecast of Nepal’s economic growth rate to 6.5 percent, from 5 percent that it projected in World Economic Outlook published earlier in October.
European Investment Bank (EIB) is the public bank owned by 28 member countries of the European Union. The EIB supports investment in 160 countries worldwide. In Asia, it focuses on support for climate-related investment. Nearly 14 percent of its investment is outside the EU including Asia. The EIB has provided more than 190 million euro for energy investment across Nepal over the last five years.
KATHMANDU, Nov 28: The government has launched a social security scheme that multiple stakeholders have hailed as a 'milestone' in the country's labor relations and social protection for workers employed by the private sector.