KATHMANDU, June 8: Nepal Rastra Bank (NRB), in a bid to shorten the process for licensing of the foreign direct investment (FDI)-based companies, has scrapped the provision that required foreign investors to take permission from the central bank to bring in the foreign capital inside Nepal.

KATHMANDU, Feb 26: The government registered a bill to amend and integrate foreign investment and technology transfer related act in parliament on Monday, proposing a new provision to open public companies and other companies authorized to issue securities to float their debentures, bonds and other securities in foreign capital market.