December 17, 2023 21:21 pm
KATHMANDU, Dec 17: Foreign investors have repatriated approximately Rs 11 billion in dividends and royalties from Nepal in the first five months of the current fiscal year (mid-July to mid-December). According to data released by the Department of Industry (DoI) on Sunday, foreign investors withdrew Rs 10.91 billion in dividends and approximately Rs 1.5 billion in royalties from Nepal until mid-December.
March 18, 2023 09:30 am
KATHMANDU, March 18: The country has witnessed outflow of approximately Rs 13.5 billion as dividends in the eight months of the current fiscal year 2022/23. The Department of Industry has recommended the outflow of Rs 13.45 billion as dividends from the country in the period, according to the Department.
January 22, 2023 08:30 am
KATHMANDU, Jan 22: The commitment for foreign direct investment (FDI) declined by 43.39 percent in the first six months of the current fiscal year compared to the same period last year.
April 29, 2022 12:29 pm
KATHMANDU, April 29: At a time when the country’s foreign reserves are declining, the commitment for foreign direct investment (FDI) has increased, according to the Department of Industry. In the past nine months of the current fiscal year, more than Rs 33 billion of FDI has been approved.
December 9, 2021 13:16 pm
KATHMANDU, Dec 9: Foreign Direct Investment (FDI) inflows have increased this year after the transmission of COVID-19 declined. According to the Department of Industry (DoI), foreigners have taken permission to invest around Rs 30 billion in Nepal in the first four and a half months of the current fiscal year.
December 2, 2021 14:44 pm
KATHMANDU, Dec 2: The government has appointed Ram Chandra Tiwari as the director general (DG) of the Department of Industry.
November 27, 2019 09:31 am
KATHMANDU, Nov 27: A total of 32 companies operating under foreign direct investment have forwarded applications at the One-Stop Service Center under the Department of Industry seeking repatriation of the dividend amounts.
November 13, 2019 07:41 am
KATHMANDU, Nov 13: Nepal has seen less than half the pledged amount of foreign direct investment (FDI) materialize in each of the last five years. Data from the Department of Industry shows that Nepal received commitments for cumulative foreign investment of Rs 114.96 billion in the past five years.
May 16, 2019 12:36 pm
KATHMANDU, May 16: Services of as many as 14 different government agencies were brought under one roof from Wednesday, targeting to provide a one-stop service to investors.
April 10, 2019 08:47 am
KATHMANDU, April 10: The Department of Industry (DoI) has said that it would complete necessary works to set up one-stop service for investors by mid-May.
October 29, 2018 09:13 am
KATHMANDU, Oct 29: Sugar mills have started releasing pending payments to sugarcane farmers after the Department of Industry (DoI) stopped providing government services like issuing letter of recommendations to the mills.
October 14, 2018 07:31 am
KATHMANDU, Oct 14: Foreign Direct Investment (FDI) commitment to Nepal has fallen over the first two and half months of the current fiscal year.