Invest in Nepal

March 28, 2019 02:00 am

More than 600 participants from 40 countries will participate in the Investment Summit to be held in Kathmandu from Friday. Nepal Investment Board (NIB) has prepared a list of 77 projects (50 public and 27 private) to be presented at the Summit.

KATHMANDU, Dec 10: Minister for Agriculture and Livestock Development, Chakrapani Khanal, has urged Non-Resident Nepalis to invest in Nepal without any fear.

BEIJING, July 21:  China has decided to invest 600 million yuan ($88 million) in North Korean infrastructure such as roads around a border bridge, sources in both countries have said, raising concerns that Beijing may violate U.N. resolutions.

KATHMANDU, July 20: Minister for Energy, Water Resources and Irrigation, Barshaman Pun, and Australian Ambassador to Nepal, Peter Budd, held discussion on the matters of collaboration in energy and hydropower sector.

TEHRATHUM, July 13: Myanglung Municipality has made a decision not to invest in the rural roads having less than four meters of width.

KATHMANDU, July 12: CPN Chairperson Pushpa Kamal Dahal urged the World Bank's representatives to consider investment in Nepal's highly prioritized sectors, stating that Nepal has already paved its path towards economic prosperity.

KATHMANDU, July 2: The government has urged the Japanese government to provide support in Nepal's energy sector.

Chinese enterprises have invested $835 million on advertising for this year’s Russia FIFA World Cup, according to statistics released by Zenith Group, a firm that provides top echelon services in market research information and data analysis.

KATHMANDU, June 4: Chandra Prasad Dhakal, vice president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has urged foreign investors to invest in Nepal, stating that favorable business environment has been created in the country with for formation of a stable government.

NEW DELHI, April 9: The State Bank of India (SBI) will be investing a total of INR 80 billion in the Arun III hydropower project of Nepal, which has 900 megawatts (MW) electricity production capacities.

RIYADH, Feb 20:  Three months after Saudi Arabia detained scores of people in a crackdown on corruption, its rulers are trying to reassure investors that the kingdom remains open for business.

UML Chair Oli urges UK to invest in Nepal

February 13, 2018 13:06 pm

KATHMANDU, Feb 13: CPN (UML) chairman KP Sharma Oli has urged the visiting UK Minister of State for the Armed Forces, Mark Lancaster, for promoting British investment for the economic prosperity and development of Nepal.

KATHMANDU, Jan 27: President Bidya Devi Bhandari has stressed the need for developing infrastructures to promote economic development. Harnessing hydropower was an infrastructure development and also constitutes a base for prosperity, she added.

Resist the robots, invest in people

January 7, 2018 00:12 am

MANILA – A knitting factory in Bangladesh brings together the past, present, and future. On one floor, workers knit by hand. On another, people and machines do the work together. And on a third floor, there are only robots.

KATHMANDU, Dec 12: A Malaysian investor, which employs over 400 Nepalis as security personnel in Malaysia, has announced its plan to invest US$ 400 million in Nepal.

GERMANY, Nov 19: Minister for Population and Environment, Mithila Chaudhary has said the non-resident Nepalis (NRNs) living and working in various countries across the world could significantly contribute by investing knowledge and capital for the motherland's prosperity.

KATHMANDU, Nov 8: Non-Resident Nepali Association (NRNA) Korea Chapter has showed interest to invest in Nepal. According to a statement issued on Tuesday by Hotel Association Nepal (HAN), the NRNA Korea expressed its interest to invest in Nepal during a meeting with the Nepali trade delegation comprising of nine hoteliers and 14 members of Nepal-Korea Chamber of Commerce and Industry.

BERLIN, July 16: Chancellor Angela Merkel's challenger in Germany's national election called Sunday for the government to be obliged to invest a set amount in infrastructure such as roads, railways and schools.

KATHMANDU, June 19: Confederation of Nepalese Industries (CNI) has urged the government to invest at least 10 percent of the country's total gross domestic product (GDP) in infrastructure projects.

KATHMANDU, June 12: International Financial Corporation (IFC), a member of the World Bank Group, has said that it was investing US$ 7.3 million into Business Oxygen (BO2) -- a private equity fund.

Morocco has appointed Mohamed Maliki as its ambassador to Nepal. Maliki, who is based in New Delhi, is in Kathmandu to present his credentials to President Bidhya Devi Bhandari. Ashim Neupane of Republica talked to Maliki on different issues including the possibility of fostering bilateral trade, among others. Excerpts:

Republic of Lithuania, a northern European country, officially inaugurated its Honorary Consulate in Nepal on Tuesday. Shovakar Hari Neupane, a Kathmandu-based businessman, has been appointed as Lithuania's Honorary Consular in Nepal. Lithuanian ambassador to Nepal, Laimonas Talat-Kelpsa, who is based in New Delhi, is in Kathmandu for the inauguration of the consular office. Ashim Neupane of Republica talked to Talat-Kelpsa on the sidelines of the inauguration ceremony to know about bilateral trade between Nepal and Lithuania, among other issues. Excerpts:

KATHMANDU, April 29: Nepal's ambassador to Thailand Dr Khaga Nath Adhikari on Saturday said Nepal has abundant opportunities available for investors.

KATHANDU, March 27: Prime Minister Pushpa Kamal Dahal  has called on the Chinese investors and businessmen to invest in Nepal, saying Nepal is a virgin land for investment and that there were prospects for investments and returns in every sector.

KATHMANDU, March 5: Nepali businesspersons in India have showed their interest to invest in Nepal in various sectors.

Dr Mahabir Pun is known for his extensive work in applying wireless technologies to develop remote areas in various parts of the country. He is now the founder and chairman of National Innovation Center. He was awarded Ramon Magsaysay in 2007 in recognition of his innovative application of wireless computer technology in remote parts of Nepal. Pun, in conversation with Republica’s Prasansha Rimal,  explains the need of involvement of government in the field of technology and innovation.

KATHMANDU, Feb 17: Nepali Ambassador to China Leela Mani Paudyal urged Chinese entrepreneurs to promote Nepali products and services in Chinese markets through their value chains.

KATHMANDU, Feb 13: Bangladesh has shown a keen interest to invest in Nepal's hydropower sector.

KATHMANDU, Jan 24: Prime Minister Pushpa Kamal Dahal has requested international community to confidently invest in Nepal as an environment for investment was being created in the country.

KATHMANDU, Jan 17: Prime Minister Pushpa Kamal Dahal has urged foreign investors to make investment in Nepal's hydropower sector.

KATHMANDU, Jan 16: Minister for Energy Janardan Sharma has urged Energy Minister of the United Arab Emirates (UAE) Suhail Al Mazroui to invest in the hydropower sector of Nepal.

PARSA, Jan 7: Minister for Energy Janardan Sharma urged the industrialists to take advantage by investing in the hydro power sectors as the government was encouraging the same.

KATHMANDU, Nov 23: Minister for Industry, Nabindra Raj Joshi, has urged international communities to invest in infrastructure development and industrial sector of Nepal as it has adopted a very liberal and competitive foreign investment policy.

PALPA, Nov 12: Investment in hotel and hospitality business has increased in the recent years. Hoteliers say that a total of Rs 1 billion has been invested in different hotels in district headquarter and of which few are under construction.  The occupancy of the hotels in the city has increased fivefold in the three years from 200 to 1000, according to Palpa Chamber of Commerce and Industries (PCCI). District's hotel industry has so far been received an investment of Rs 3 billion, they said. The district has received more tourists both domestic and foreigners in the recent years and this has boosted confidence of hoteliers.

Before you Invest

October 21, 2016 07:26 am

KATHMANDU, Oct 21: Investing can be scary. The fear of the unknown always is. However, it’s important that young adults overcome their fears and start investing to secure their financial future.

Professor Dan Shechtman, the Nobel Prize winner for Chemistry in 2011, is an Israeli engineer and material scientist. He was recently in Kathmandu to participate in the 13th International Conference on Quasicrystals (His Nobel Prize winning discovery) organized in Dhulikhel.  Akhilesh Tripathi and Krishna Dhungana of Republica Online caught up with Professor Shechtman for an interview.

KATHMANDU, Sept 20: Soaltee Crowne Plaza's Malshree Hall was jam-packed on Monday with scientists, engineers, politicians and students. They had gathered to attend a lecture from Nobel laureate Dan Shechtman.

KATHMANDU, Sept 15: The government has allocated Rs one billion for the rebuilding of health institutes in the earthquake-affected districts.

KATHMANDU, Aug 25: The China Machinery Engineering Corporation (CMEC), a government-owned company of China has expressed interest in making investment in two important hydropower projects of Nepal.

Invest in teenage girls: UNFPA

July 11, 2016 01:50 am

KATHMANDU, July 11: United Nations Population Fund (UNFPA) has urged concerned stakeholders on investing in young people, including teenage girls, in order to attain the Sustainable Development Goals by 2030 and upgrade Nepal to the status of a middle-income country.

DOLAKHA, July 3: Minister for Culture, Civil Aviation and Tourism Ananda Prasad Pokharel has urged investors to invest in agriculture and the tourism sector.

KATHMANDU, June 24: Fourteen industries within the British Virgin Islands have received approval from the Nepal government to invest in various sectors in Nepa