March 2, 2024 08:15 am
KATHMANDU, March 2: The Nepal Electricity Authority (NEA) has pointed out the need for an investment of US $12-13 billion in the energy sector in the next five years to enhance electricity supply for domestic consumption and cross-border electricity trade.
January 27, 2024 18:50 pm
KATHMANDU, Jan 27: Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has urged the Non-resident Nepalis (NRNs) in Qatar to invest in various sectors in Nepal.
January 3, 2024 14:18 pm
KATHMANDU, Jan 3: The American Chamber of Commerce in Nepal (AmCham) and the Confederation of Nepalese Industries (CNI) have forged an agreement to collaboratively enhance the business environment between Nepal and the United States.
December 26, 2023 20:19 pm
Chitwan, Dec 26: Finance Minister Dr Prakash Sharan Mahat has said the country's economy is improving and the economic indicators are now positive.
November 30, 2023 18:00 pm
SURKHET, Nov 30: The Karnali Province government is to organize an investment summit within the current fiscal year.
November 8, 2023 21:30 pm
KATHMANDU, Nov 8: President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Chandra Prasad Dhakal, has stressed on the need to promote partnership on bilateral investment between Nepal and South Korea to address the growing trade imbalance between the two nations.
November 8, 2023 09:00 am
KATHMANDU, Nov 8: Even though the express bus service, which was started with an investment of more than Rs 30 million, has stalled, the Department of Road (DoR) is preparing to spend an additional Rs 2 million to make it effective.
October 12, 2023 20:30 pm
KATHMANDU, Oct 12: Finance Minister Dr Prakash Sharan Mahat, who is in Marrakesh of Morocco in connection with participating in the World Bank (WB)'s annual meeting, has urged Korean companies to invest in Nepal, saying the foreign companies investing in Nepal have been making good profits.
September 6, 2023 10:30 am
KATHMANDU, Sept 6: A discussion was held between the Confederation of Nepalese Industry (CNI) and Chinese Ambassador to Nepal, Chen Song. The CNI officials led by their President Rajesh Kumar Agrawal met with Ambassador Song on Tuesday and discussed the issues of investment and expansion of business relations.
September 2, 2023 17:45 pm
KATHMANDU, September 2: Banks in Nepal have significantly expanded their investments in real estate loans. In the past fiscal year, commercial banks collectively invested over Rs 217 billion in real estate, as per the latest data from the Nepal Rastra Bank (NRB).
August 29, 2023 11:00 am
KATHMANDU, Aug 29: A visiting delegation of industrialists from South Korea including ambassador to Nepal, Park Taeyoung, called on Minister for Physical Infrastructures and Transport, Prakash Jwala, and sought a proposal for the investment in the infrastructure sector in Nepal.
August 25, 2023 16:30 pm
KATHMANDU, Aug 25: The Investment Board Nepal (IBN) has granted approval for a substantial investment of Rs 36.37 billion across four hydropower projects. In its 55th meeting convened on Friday, the IBN greenlit this investment for the Rolwaling River, Chujung River, Dana River, and Saniveri hydropower ventures.
July 19, 2023 10:30 am
KATHMANDU, July 19: Minister for Finance Dr Prakash Sharan Mahat has urged Indian investors to spur investment in Nepal with confidence as Nepal is a fertile land from investment and returns perspectives.
July 17, 2023 07:03 am
The recent surge in the number of tourists visiting the country is a positive sign of recovery for the tourism industry battered by Covid-19. The surge in the number of foreign tourists comes in the wake of significant investment made in the country’s hospitality sector.
July 14, 2023 07:32 am
KATHMANDU, July 14: The Nepal Chamber of Commerce (NCC) has requested for investment from South Korea to Nepal.
June 25, 2023 08:00 am
NEW DELHI, June 25: E-commerce giant Amazon Saturday announced it plans to invest an additional 15 billion U.S. dollars in India, taking its total investment in the country to 26 billion dollars.
June 15, 2023 17:15 pm
KATHMANDU, June 15: President of the Independent Power Producers' Association-Nepal (IPPAN) Krishna Prasad Acharya said on Thursday that the government should pave the way for the private sector to trade electricity. The private sector has had a large investment in the energy sector, he argued, while speaking at the inaugural session of the 21st annual general meeting of IPPAN today.
June 8, 2023 08:00 am
Satya Lal Yadav, a 72-year-old resident of Baluwatol,Bariyarpatti Rural Municipality-3, reminisces about the day when electricity was introduced to his village only three years ago. Having lived a major part of his life without the luxury of electricity, he never thought that the day would come when his village would be powered by electricity. However, when it finally arrived, he stayed awake all night, basking in the euphoria of the momentous occasion.
April 29, 2023 14:32 pm
KATHMANDU, April 29: Germany is willing to invest in clean energy, transmission lines and pharmaceutical industries in Nepal.
April 27, 2023 20:49 pm
KATHMANDU, April 27: The Investment Board Nepal (IBN) on Thursday signed an agreement with Dabur Nepal, paving a way to the multinational company to inject additional investments of Rs 9.68 billion in its projects.
April 13, 2023 20:37 pm
KATHMANDU, April 13: The Investment Board Nepal (IBN) has approved investment of Rs 167.59 billion for big projects proposed for development.
March 18, 2023 19:19 pm
KATHMANDU, March 18: The Citizen Investment Trust (CIT) has said it will inject huge investment in the development of infrastructure of the country.
March 6, 2023 10:00 am
KATHMANDU, March 6: The government has prepared the legal basis for the 10 billion rupees worth project announced to be established by the Non-Resident Nepali Association (NRNA). To encourage non-resident Nepalis to invest in Nepal, the conditions for establishing an investment company have been amended.
March 4, 2023 09:30 am
KATHMANDU, March 4: The government has amended the conditions for establishing investment companies in order to encourage non-resident Nepalis to invest in Nepal.
January 31, 2023 13:15 pm
KATHMANDU, Jan 30: With great expectations of an increase in the number of tourists visiting the country, the private sector has increased investment in the hotel business. According to the Department of Industry (DoI), registrations were done with a commitment to invest around 12 billion rupees in new hotels in the first half of the current fiscal year.
January 11, 2023 10:00 am
KATHMANDU, Jan 11: Prime Minister Pushpa Kamal Dahal on Tuesday said the government will increase investment in construction of economic infrastructure, at a time when the government is struggling even to spend adequately the funds allocated for the infrastructure development.
December 23, 2022 10:00 am
The US has completely realized the importance of Africa and investing in Africa is not just about competing with China and Russia; apart from the natural resources, Africa is an epicenter of tremendous opportunity. If human capital truly is the greatest asset for economic growth, Africa has unappreciated potential.
November 15, 2022 20:30 pm
KATHMANDU, Nov 15: The government has removed the minimum threshold for the investments to be made by the Non Resident Nepalis (NRNs) by using investment companies.
November 7, 2022 19:35 pm
KATHMANDU, Nov 7: The Asian Development Bank (ADB) is investing over Rs 10 billion for cultivation of walnut and fruits in the hilly region of Nepal.
September 20, 2022 18:30 pm
KATHMANDU, Sept 20: Prime Minister Sher Bahadur Deuba has asked the Indonesian Ambassador to Nepal to facilitate bringing in Indonesian investment to Nepal's hydropower and tourism sectors.
August 12, 2022 07:45 am
KATHMANDU, August 12: The Investment Board Nepal (IBN) approved projects with a total investment of over Rs 122 billion in the last fiscal year.
August 11, 2022 18:00 pm
KATHMANDU, August 11: Agriculture and Livestock Development Minister Mrigendra Kumar Singh Yadav has said that the government has not made the required investment in agriculture.
August 6, 2022 06:30 am
In the context of Nepal, a study found that the relationship between external borrowing and economic growth results in an increased burden with the significance in the size and magnitude of such debt.
August 3, 2022 06:20 am
KATHMANDU, August 3: The National Cooperative Federation of Nepal (NCF) has cautioned cooperatives not to invest in unproductive businesses, citing the liquidity crunch seen in the cooperatives.
June 26, 2022 19:40 pm
KATHMANDU, June 26: The Confederation of Nepalese Industries Young Entrepreneurs Forum (CNIYEF) on Saturday witnessed an agreement for investment worth Rs 245 million in startup projects.
June 25, 2022 18:26 pm
KATHMANDU, June 25: The government is allocating 10 percent of the issued public offerings to the migrant workers. This new arrangement will come into effect from the commencement of the fiscal year 2022/23.
June 7, 2022 18:30 pm
KATHMANDU, June 7: The government has approved an investment worth Rs 25.92 billion to build two hydropower projects.
May 28, 2022 22:50 pm
KATHMANDU, MAY 28: The gross investment of Nepal is expected to grow by 18.1 percent in the current fiscal year, way down from 29.3 percent last year.
May 4, 2022 13:30 pm
KATHMANDU, May 4: Peasants’ organizations affiliated to the five-party ruling alliance have asked the government to include the issues of import substitution and export promotion of agricultural goods through the commercialization of agriculture in the government’s new policies and programs.
April 13, 2022 19:06 pm
KATHMANDU, April 13: Investors have pledged to inject Rs 1 trillion in 31 big projects in the country.
April 3, 2022 08:55 am
NEW DELHI, April 3: Prime Minister Sher Bahadur Deuba has urged the Indian investors, industrialists and entrepreneurs to spur investment in the sectors of energy, infrastructure and tourism as Nepal has an enabling environment for investment.
March 20, 2022 18:50 pm
KATHMANDU, March 20: The government has recently provided the go-ahead to four projects worth Rs 5.58 billion that are related to energy production.
March 1, 2022 23:42 pm
KATHMANDU, March 1: Vice President of Nepal-India Chamber of Commerce and Industries (NICCI) Sunil KC paid a courtesy call on Chief Minister of Gujarat, India, Bhupendra Rajanikant Patel on Tuesday.
February 9, 2022 07:10 am
KATHMANDU, Feb 9: Dabur Nepal is injecting Rs 9.68 billion into its production plant based in Nepal, with the Investment Board Nepal (IBN) approving the investment amount for the company on Tuesday.
January 29, 2022 15:30 pm
KATHMANDU, Jan 29: State Minister Umesh Shrestha has said that the government is going to make legal arrangements to increase investment in the education sector.
December 6, 2021 07:15 am
KATHMANDU, Dec 6: A total of 87 firms have proposed to invest Rs 122 billion to set up their manufacturing plants in the country in the first three months of the current fiscal year.
November 28, 2021 18:00 pm
KATHMANDU, Nov 28: Hong Kong Redline, which is associated with the Chinese cement giant Hongshi, is investing Rs 15 billion in Dang Cement after it received a go-ahead from Nepal Rastra Bank (NRB) to inject money from an investment company.
October 24, 2021 06:30 am
KATHMANDU, OCT 24: The country received pledged investment totaling Rs 146 billion in the first quarter of the current fiscal year.
October 13, 2021 17:41 pm
KATHMANDU, OCT 13: The Asian Development Bank (ADB) is investing a total of US $ 100 billion on climate financing to its developing member countries (DMCs).
October 9, 2021 16:00 pm
KATHMANDU, Oct 9: The government on Saturday gave its go-ahead to inject an additional capital worth Rs 73 billion in the construction and development of two hydroelectricity projects.