Business and Economy Bureau Chief of Nagarik (national vernacular daily) and Republica (English national daily), Kuber Chalise (print name: Kuvera Chalise) has almost two decades’ experience of journalism especially in business and economy.
KATHMANDU, March 16: The Ministry of Finance has released Rs 5 million each to the 744 new local units. A cabinet meeting had last week decided to provide at least Rs 10 million each to the local units.
KATHMANDU, Mar 16: Despite clear direction of the Parliamentary Accounts Committee (PAC) to investigate and penalize responsible authorities for not recovering capital gains tax (CGT) from the seller of GSM operator Ncell, concerned authorities, after 10 months of the shares transfer, are arguing on who should pay the CGT.
KATHMANDU, Mar 15: The Ministry of Finance has started the process to withdraw budget from projects that have failed to spend till the end of the eighth month -- by March 13 -- of the current fiscal year.
KATHMANDU, March 8: The government on Wednesday decided to recover capital gains tax (CGT) from TeliaSonera, the seller of telecommunications company Ncell while other remaining taxes from Axiata, the buyer of Ncell.
KATHMANDU, March 2: The government in recent months has passed and introduced key legislations to create investment friendly environment. And with the new legislatures that have helped create investment climate, the government is organizing the Investment Summit after a long duration of 25 years. The earlier Investment summit, the government organized was in the 1992.
KATHMANDU, Feb 22: The agitating petroleum tanker operators should be jailed as they have been disrupting the supply of essential products, Supplies Secretary Prem Kumar Rai told the parliamentarians on Wednesday.
KATHMANDU, Feb 18: For anyone born on February 18, 1951, the day democracy came to Nepal, it has been a lifetime wasted by political instability decade after decade and lack of economic vision among successive leaders.
KATHMANDU, Feb 6: Various studies show that 1 percent increase in the stock of infrastructure is associated with a 1 percent increase in gross domestic production (GDP). One of the key avenues through which infrastructure contributes to economic growth is by improving competitiveness and facilitating international and domestic trade by reducing the cost, according to World Development Report.
KATHMANDU, Jan 18: Nepal is not only advancing -- in the last five years -- in the Inclusive Development Index (IDI) but also ranks first in the South Asian region, a global report published on Tuesday shows.
KATHMANDU, Oct 1: Though Nepal has improved its competitiveness by a notch, it has lost its rank as the third most competitive economy in South Asia, according to Global Competitiveness Report 2016-17 published by World Economic Forum (WEF).
KATHMANDU, Sept 20: The country is celebrating first anniversary of the promulgation of the new constitution. One year on, the constitution that was expected to end political transition spanning almost seven decades and bring stability has still been revolving around the politics, pushing the economic agenda on the back burner.