KATHMANDU, Oct 31: Foreign Minister NP Saud, who is currently on a week-long visit to the US, and US Secretary of State Antony Blinken have held discussions about the United States providing a loan of more than Rs 16.5 billion to support the development of small and medium enterprises (SMEs) in Nepal.

Kathmandu, Aug 17: President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has emphasized Nepal's burgeoning stature as a promising investment destination, underpinned by its wealth of natural resources, skilled workforce, market access, and advantageous trade agreements.

SMEs demand financial relief measures

February 13, 2023 13:07 pm

KATHMANDU, Feb 13: The small and medium enterprises (SMEs) have demanded arrangement of financial relief to the entrepreneurs hit hard by the COVID-19 pandemic.

KATHMANDU, Jan 23: Senior Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has said that the government needs to develop small, domestic, small and medium industries to boost economic development in Nepal.

Is FDI really the panacea we seek?

September 15, 2022 13:15 pm

FDI needs to be viewed as a means to achieve SDGs and not an end in itself. This means that all FDI potential projects should be viewed from the lenses of environment, labor and human rights, SMEs, health, inclusion and diversity.

KATHMANDU, August 11: Small businesses and people in Nepal will have better access to financing, with IFC’s broader strategy for small and medium enterprises (SMEs) aiming to reach over 30,000 SMEs by 2023 while helping to improve inclusiveness, competitiveness, and sustainability of the financial sector in the country.

KATHMANDU, Jan 6: Private sectors have said half of the small and medium enterprises (SMEs) will be closed if the loan payment period for them will not be extended.

KATHMANDU, Sept 30: Daraz Sahayatri Program, an SME (Small and medium sized enterprises) support package worth Rs 5.5 million, which invited SMEs to set up their online stores on the nation's leading ecommerce platform, has successfully received more than 8,000 registrations, Daraz said in a press release recently.

Digital Revolution in Lending

February 25, 2020 09:54 am

China has long recognized the importance of increasing SMEs’ access to finance. Now, online banks are providing the solution the country needs

KATHMANDU, Sept 27: Small and medium enterprises (SMEs) in Nepal have been largely relying on the ancestral property of their proprietors for the initial investment to start their businesses, according to the latest study report of the Nepal Rastra Bank (NRB).