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.

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.

KATHMANDU, OCT 24: The country received pledged investment totaling Rs 146 billion in the first quarter of the current fiscal year.

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).

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.

KATHMANDU, Oct 7: Nepal’s private sector has come up with a common agenda in support of the controversial Millennium Challenge Corporation (MCC) Nepal Compact, pressurizing the government to endorse the agreement soon.

KATHMANDU, Sept 30: Nepal Electricity Authority (NEA) has planned to invest an additional Rs 364.71 billion in the construction of infrastructure related to electricity supply in the next four years.

KATHMANDU, September 16: The Employees Provident Fund (EPF) has invested a total of Rs 436.54 billion in the six decades of its establishment.

KATHMANDU, September 8: Nepal has faced a shortfall of investment worth Rs 558 billion annually to achieve its targets of the Sustainable Development Goals (SDGs) by 2030.

KATHMANDU, September 5: The Investment Board Nepal (IBN) has projected to facilitate investment worth Rs 1.18 trillion inside the country in the next four years.

KATHMANDU, August 16: Finance Minister Janardan Sharma has urged the savings and credit cooperatives to inject 60 percent of the investment in the productive sector.

KATHMANDU, August 4: Huawei has announced to invest US $ 100 million in the promotion of startups in the Asia Pacific region.

KATHMANDU, June 22: The government has approved investment worth Rs 97 billion to construct two hydropower projects.

KATHMANDU, April 19: The Non-resident Nepali Association (NRNA) launched a Rs 10 billion fund that aims at generating capital to invest in Nepal’s mega infrastructure development.

KATHMANDU, Dec 9: Russia has expressed an interest to build a large investment hydropower project in Nepal.

KATHMANDU, Oct 15: Nepal and Austria have agreed to expand and deepen engagements in bilateral trade, investment, technology transfer, renewable energy, and tourism.

KATHMANDU, Oct 3: Stating that the amount spent on nuclear weapons every year is much higher than the official development assistance (ODA) to the neediest and poorest countries, Foreign Minister Pradeep Kumar Gyawali has stressed the need for focusing on the security and well-being of people and humanity at large.

While the Nepal government's stated attitude toward FDI is positive, this has not yet translated into practice, says State Department’s Investment Climate Statement

There have been many analyses worldwide about the effects and possible effects of Covid-19 in social, economic, cultural, education, and public health sector. Economists have also discussed the multi-dimensional impacts of Covid-19 in Nepal, most of them based on assumptions or available rough data. This article is mainly focused on how this pandemic is going to affect the lifecycle of development projects in Nepal. Generally, large-scale projects pass through five phases: project conceptualization, project planning (feasibility studies), construction, operations, and handover under the project lifecycle.

BEIJING, Jan 19: China’s state planner said on Sunday that it had approved 157 fixed-asset investment projects in 2019, worth a total 1.33 trillion yuan ($195 billion).

Nepal’s ranking in World Bank’s Doing Business (DB) improved from last year’s 110th to 94th, mainly due to the improved scores in getting credit, trading across borders, and dealing with construction permit sub indicators. This news brought much needed joy to the finance ministry beset with the increasing criticism of how it has hitherto handled economy. The finance minister was said to be “giddy”, according to an expatriate living in Kathmandu who met him after the ranking came out, and a news conference was organized in the ministry the next day. The ranking, which had remained more or less constant for more than 10 years (see the graph), suddenly seemed to be moving in the right direction. The ministry officials rightly promised to create a momentum and improve the ranking in the years to come.

KATHMANDU, Oct 3: The government is committed to facilitate business and investment in Nepal, according to Baikuntha Aryal, secretary at the Ministry of Industry, Commerce and Supplies.

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).

Invitation comes as part of campaign by Gandaki Province that is celebrating Internal Tourism Year 2019

BEIJING, Sept. 22: Jin Liqun, the president of China-initiated Asian Infrastructure Investment Bank (AIIB), said on Sunday that the bank will invest in six projects with 1.09 billion U.S. dollars in countries of the Association of Southeast Asian Nations (ASEAN).

When the basics are not gotten right, analysis becomes wonky and the resulting policy misguided. We can then only pray for Lord Pashupatinath to come to the rescue. It is fashionable among the commentariat, the intelligentsia and the political class to sigh in despair over how little of the remittances sent home by Nepalis toiling abroad is saved. If you ask them how they know that remittance receivers do not save much, they are likely to point to either media reports or the survey such reports cite—the Third Nepal Living Standards Survey (NLSS)of 2010/11.

Nepal’s young democracy requires Nepalis to demand more from themselves and their government instead of falling victim to the allure of progress that foreign aid promises

KATHMANDU, Sept 6: Minister for Land Management, Cooperatives and Poverty Alleviation, Padma Kumari Aryal, has urged cooperatives to make investment in setting up industries to boost production.

KATHMANDU, Aug 21: Minister for Energy, Water Resources and Irrigation, Barshaman Pun, has urged the Japanese government to further invest in Nepal's energy and water resource.

KATHMANDU, Aug 14: Finance Minister Dr Yubraj Khatiwada told the United Arab Emirates (UAE) that Nepal holds a suitable atmosphere for investment.

KATHMANDU, July 29: Almost all the commercial banks in the country are found ignoring Nepal Rastra Bank (NRB)'s request to compulsorily increase the investment in the agriculture sector to 10 percent.

Your daily dose of the missed important news of the day.

RAMECHHAP, July 16: Concerned authorities of the district have complained that lack of proper business environment in the district has been hindering entrepreneurs from making investments.

Sources of investment lie in our doorsteps but Nepal is still reeling under low investment trap inimical to achieving prosperity through industry and trade

Nepal’s first ‘Smart Film City’ with modern technologies is going to be built by some private companies in Lamjung. Sky Entertainment and World Area Holding (SRL) signed a contract for the film city which spreads on 5,000 ropanies of land on Wednesday amid a special event organized at the premises of Ministry of Communication And Information Technology.

KATHMANDU, June 27: Prime Minister KP Sharma Oli has urged the Nepali honorary consul generals based in different countries to pursue economic diplomacy to raise the flow of foreign investment and transfer technology to Nepal to meet the country's priorities of achieving economic prosperity.

KATHMANDU, June 22: To achieve the sustainable development goals (SDGs), there will be an average investment requirement of Rs 2,024.8 billion per year until 2030, according to an estimate by the National Planning Commission (NPC).

KATHMANDU, June 11: The government has urged the Japan International Cooperation Agency (JICA) to increase investment in Nepal's energy sector.

KATHMANDU, May 21: With technological advances changing the nature of many jobs and leading to the need for new skills, the International Labour Organization (ILO) has called for expediting human-centered agenda for the future of work.

KATHMANDU, May 14: Prime Minister KP Sharma Oli, who is currently paying official visit to Cambodia, has said that Nepal can learn a lot from Cambodia's rapid economic development.

KATHMANDU, May 7: Bank's lending to service industry has jumped by 18 percent over the first eight months of the current fiscal year 2018/19, reflecting buoyant sentiment among investors on what is called a tertiary sector in the economy.

KATHMANDU, April 29: Nepal-China Chamber of Commerce and Industry (NCCI) signed a Memorandum of Understanding with Beijing-based China Overseas Developing Association (CODA) with the objective of promoting bilateral trade, investment and tourism.

BEIJING, April 28: Foreign Minister Pradeep Kumar Gyawali, has said Nepal welcomes foreign investment and is committed to protecting foreign investment.

KATHMANDU, April 19: A high-level interaction has been held between a trade delegation led by Taiwan External Trade Development Council and Nepali businesspersons here on exploring avenues for investment and trade expansion.

KATHMANDU, April 19: Minister for Industry, Commerce and Supplies of Nepal Matrika Prasad Yadav has urged ministers representing different countries to push investment flow in Nepal.

BHAIRAHAWA, April 16: Twenty-seven youth entrepreneurs have teamed up to establish a notebook factory at Parasahawa in Tilottama Municipality-17, Rupandehi, with an investment of Rs 150 million.

Foreign Direct Investment (FDI) is an effective instrument for promoting sustainable development in Least Developed Countries (LDCs) like Nepal. Realizing this fact, the government of Nepal has organized three investment summits so far. First was in 1992 following the restoration of democracy. The investors attending the summit had pledged investment of approximately $100 million, but only around 25 percent of the pledged amount was realized.

Before and even after Nepal Investment Summit 2019, there have been debates for and against such investment promotion event. Some claimed this is not the right time to organize the event when investment-friendly environment is still elusive in the country. Others went to the extent of saying that it would be a mistake to go for such summit without evaluating the achievement of 2017 summit.

Nepal Investment Summit 2019, held in Kathmandu on 29-30 March, was so well attended that the Minister of Industry, Commerce and Supplies couldn’t even find a vacant seat in the opening session of the conference.

HETAUDA, April 8: State 3 government is to organise a conference to attract investors of the country. The State government is going to request the entrepreneurs of private sector for investment by gathering them to encourage them to invest in different sectors of the state.