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'Creating a conducive environment crucial for fostering investment'

'Creating a conducive environment crucial for fostering investment'

- by Republica

There is an urgent need to boost both domestic and foreign investments in Nepal to propel economic development and prosperity given the fact that the level of investment the country is receiving now is minimal. Nepal Republic Media Limited (NRM) collaborated with the Investment Board Nepal to organize a 'Nagarik Impact Forum' on Monday to identify challenges in attracting investments and propose measures to address them.

'Govt should support IT and green energy investment for economic transformation'

'Govt should support IT and green energy investment for economic transformation'

- by Republica

In 2022, Nepal generated half a billion dollars through IT exports. According to IIDS research, the credibility of experts in the IT industry has increased since then. Out of this half a billion dollars, $300 million was contributed by 67,000 individuals working locally but earning globally through freelancing, while only 106 companies brought in over $200 million.

FinMin Pun linked to a gold smuggling network!

FinMin Pun linked to a gold smuggling network!

- by Tapendra Karki

KATHMANDU, March 13: In the ongoing investigation by Nepal Police's Central Investigation Bureau (CIB), it's been discovered that Finance Minister Barshaman Pun has been in touch with gold smugglers. This revelation surfaced when questions arose regarding the possible involvement of former Vice President Nanda Bahadur Pun's family in gold smuggling.

SC to deliver verdict on 12-year-old case unheard for years on March 21

SC to deliver verdict on 12-year-old case unheard for years on March 21

- by Bhasa Sharma

KATHMANDU, March 13: The Supreme Court (SC) is set to deliver its verdict on March 21 on a corruption case that has been pending for the past 12 years. A joint bench of Justices Saranga Subedi and Abdul Ajeej Musalman is scheduled to deliver the verdict. The case dates back to 2011 (2068 BS).

'Nepali Fiction' premieres at Kantipur Cinemas

'Nepali Fiction' premieres at Kantipur Cinemas

- by Republica

KATHMANDU, March 13: Kantipur Cinemas has emerged as a promising platform for independent filmmakers to showcase their work. The OTT platform, known for streaming independent films such as 'Murder', 'Mukhiya', 'Ritu', 'Kharani', and 'Pakheta', has now added another independent film to its collection with the release of 'Nepali Fiction'.

Concerns of Pokhara hoteliers: Despite enhanced facilities and services, prices remain unchanged

Concerns of Pokhara hoteliers: Despite enhanced facilities and services, prices remain unchanged

- by Santosh Pokharel

POKHARA, March 13: Businessmen in Pokhara have raised concerns regarding the tourism sector’s inability to generate expected income despite an increase in commercial competition and hotel facilities. With about 700 touristic hotels and around 40,000 beds, Pokhhara’s hospitality industry faces strong competition. Although some hotels are still under construction, the overall number of rooms is expected to rise further, intensifying the competition.

T20I Series: PNG secures victory over Nepal

T20I Series: PNG secures victory over Nepal

- by Republica

KATHMANDU, March 13: Papua New Guinea (PNG) emerged victorious in the Tri-nations T20 International Series final match held in Hong Kong, defeating Nepal by 86 runs in the finals.