International Education Representative's Initiative of Nepal (IERIN) in association with Educational Consultancy Association of Nepal (ECAN), FECON, NAAER and JALSAN organized a press meet regarding Foreign Direct Investment (FDI) in educational consultancy sector on Sunday at Indreni Food Land, New Baneshwar.
KATHMANDU, July 30: Hamro Samman Project under United States Agency for International Development (USAID) has joined hand with its development partners and private sectors to counter trafficking in persons in Nepal.
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.
KATHMANDU, July 13: Nepal Rastra Bank (NRB) introduced Monetary Policy for Fiscal Year 2018/19 in Kathmandu on Wednesday. The monetary policy unveiled a week before the new fiscal year begins has drawn positive responses from bankers, business leaders and economic analysts, as it focuses on reining in the runaway interest rates that has dampened confidence of the private sector which was increasingly finding credit from the banking industry unaffordable.
KATHMANDU, July 12: The Nepal Rastra Bank (NRB) has introduced a provision in the Monetary Policy for Fiscal Year 2018/19 which allows banks to count loans against academic certificates, and higher education loans for students of marginalized and Dalit community, among others, as deprived sector lending.
KATHMANDU, June 22: Minister for Culture, Tourism and Civil aviation, Rabindra Prasad Adhikari, has said that International Civil Aviation Organisation (ICAO) has removed Nepal's aviation sector from Significant Safety Concern (SSC) list.
BANEPA, June 15: Minister for Communications and Information Technology Gokul Prasad Baskota has said it should be demarcated if the media was industry or service sector based on the changed technology and investment.
A one-day national consultation, “Roles and Responsibilities of Private Sector in Public Services for Achieving SDGs in Nepal” was held in Kathmandu on Wednesday. The program, which was jointly organized by Resource Center for Primary Health Care (RECPHEC), LDC Watch and South Asia Alliance for Poverty Alliance (SAAPE) had the speakers discussing on potential areas for Nepali private business fraternity to contribute in achieving the national SDGs 2030 goal.
KATHMANDU, May 31: The provincial heads of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and businesspeople across the country have termed the new budget underwhelming. Though apparently grand, it lacks substance, they said.
KATHMANDU, May 31: The government is anticipating a massive industrial and agricultural expansion this year as it has set growth target for these sectors at 12 percent and 4.5 percent, respectively, in Fiscal Year 2018/19.
KATHMANDU, May 30: In contrary to expectations, the budget of Fiscal Year 2018/19 has just given continuity to the old plans and programs for the development of tourism sector of the country. Presenting the Rs 1.315 trillion budget for the FY2018/19, finance minister Yuba Raj Khatiwada said that a total of Rs 5.20 billion has been allocated for the tourism sector of country.
KATHMANDU, May 18: Both current account and balance of payment (BoP) of the country slipped into deficit in the third quarter of the current fiscal year 2017/18, posing risk to external sector stability.
BUTWAL, May 6: Flourishing of commercial agriculture in Rupandehi district has boosted up the potentiality of agro tourism in the district. Commercial farming of Ostrich, country’s largest cow farming & research center, commercial fish farming, bee-keeping as well as expanding pocket area of organic vegetables and mushroom are some of the attractions for tourists in the district. Locals are enthusiastic with the rising prospects of agro tourism.
KATHMANDU, May 6: All assets of over 300 Bus Entrepreneurs Committees and their federations, which won't exist by the end of Mid July, will come under ownership of government automatically as per law. Such assets which will come under government ownership includes the money deposited in the banks, office buildings and other movable assets owned by those committees, which are registered at the district administration offices under Association Registration Act 1977.
KATHMANDU, April 29: Five student unions affiliated to different political parties submitted a two-point memorandum on Sunday to Finance Minister Dr Yuba Raj Khatiwada, demanding allocation of at least 20 percent budget to the education sector for the upcoming fiscal year.
KATHMANDU, April 26: Gross Value Added (GVA) by hotel and restaurant sector has increased significantly over the past one and half decades, the National Accounts Statistics of Nepal (2017/18 Annual Estimates) shows.
KATHMANDU, April 20: Of the complaints that the Commission for the Investigation of Abuse of Authority (CIAA) received last year, charges relating to the education sector and local level outnumbered other sectors.
KATHMANDU, March 28: Country’s private sector will have something to cheer about if a proposal of the Ministry of Home Affairs to slash public holidays is endorsed by the cabinet, business leaders have said.
KATHMANDU, March 29: Country's private sector will have something to cheer about if a proposal of the Ministry of Home Affairs to slash public holidays is endorsed by the cabinet, business leaders have said.
KATHMANDU, March 27: A total of US $ 70 million has been disbursed by the European Union (EU) for various ongoing projects but there are hardly any infrastructure projects that can help in capital formation.
KATHMANDU, March 21: There has been a steep rise in import of construction materials and industrial raw materials over the past two years. This indicates the construction and man ufacturing sector of the nation has at least been vibrant. A report published by Nepal Rastra Bank (NRB) suggests that the import of these materials has increased by more than double in the past two years.
POKHARA, March 16: Turkish Airway's airliner had an accident at Tribhuvan International Airport (TIA) about three years ago. All the passengers in the aircraft were unharmed. However, as the plane remained grounded at TIA for a few days, larger aircraft could not approach the runway, which affected the tourism sector greatly as the tourist season in Nepal was approaching.
KATHMANDU, Mar 13: Minister for Industry, Commerce and Supplies, Matrika Prasad Yadav, has urged Nepali private sector to focus on increasing production capacity rather than holding a discussion on increasing exports.
KATHMANDU, Feb 17: Engagement of private sector in promoting climate smart agriculture can be beneficial for both farmers and private sector if the results of a pilot program for climate resilient agriculture are something to go by.
KATHMANDU, Feb 6: The Metropolitan Police Sector (MPS), New Bus Park has launched a 'Harek Din Naya Kaam Suru' (start new work each day) campaign under its drive to make the Bus Park area a fully peaceful zone.
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.