KATHMANDU, Jan 18: Foreign companies have pledged to invest Rs 22.33 billion in the first half of the current fiscal year.

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.

KATHMANDU, OCT 18: The government has fixed the income tax for the foreign service providing companies at 1.5 percent of the contract amount.

The commonly accepted objective of foreign direct investment is to create conducive policy, regulatory and operational environment for attracting foreign owned companies or the multi-nationals to invest into the host country. The investment made in the productive sector of economy not only helps create job and employment opportunities through injection of foreign capital and technology but also helps in increasing productive capacity of the economy and improve balance of payment through increased export of goods and services.