Urbanization, Investments and Economy

November 26, 2023 09:00 am

According to world bank data, the world’s urban population has grown from 34% in 1960 to 57% in 2022. At the same time, per capita income has grown from USD 456 to USD 12,647. However, the economic performance of South Asia has been below par in comparison to average global economic performance.

Kathmandu, Aug 29: Deputy Prime Minister and Home Minister Narayan Kaji Shrestha has said that the government will guarantee the security of big investments in the energy sector.

KATHMANDU, Sept 17: The government has asked North Korea to take back its investment made in Nepal by October in view of the UN Security Council Resolution against Pyongyang.

WASHINGTON DC, Aug 6: Finance Minister Dr Yubaraj Khatiwada has urged Nepali diaspora to make investments in diverse areas including tourism and finance in Nepal.

Russia, June 20: The US market saw a significant plunge in investment from China in the first five months of the year amid a growing trade row between the world's two largest economies. Chinese investments totaled $1.8 billion from January through May, representing a 92-percent drop against the same period a year ago.

QATAR, MAR 4: Qatar is expected to import high-quality mineral water from Nepal by 2019, according to professor Ramesh Prasad Koirala, Nepal’s ambassador to Qatar.

KATHMANDU, June 19: The Asian Infrastructure Investment Bank (AIIB) is to invest hugely in Nepal's six projects.

KATHMANDU, Aug 13: Business leaders have expressed their serious concern over deteriorating industrial security in the country.