Kathmandu / May 5: The Asian Development Bank (ADB) has launched an Asia Pacific Tax Hub, with the aim to create an open and inclusive platform to promote strategic policy dialogue, improve knowledge-sharing, and strengthen coordination on tax policy and administration among ADB, its members, and development partners. The hub is expected to maximize regional […]
Kathmandu / Apr. 28: Nepal’s gross domestic product (GDP) is anticipated to grow by 3.1% in fiscal year (FY) 2021 from a contraction of 1.9% in FY2020, says the Asian Development Outlook (ADO) 2021, the flagship economic publication of the Asian Development Bank (ADB). Growth is expected to recover from the low base in FY2020, […]
Kathmandu / April 23: Gross Foreign Direct Investment (FDI) inflows rose by 18.2 per cent at the end FY 2018/19, amounting to Rs. 19.68 billion, according to the FDI survey report of Nepal Rastra Bank, 2021. However, total stock of FDI stock diminished by 8.8 per cent in 2018/19, shrinking to Rs. 182.92 billion. In […]
Kathmandu / April 18: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has called for applications from those seeking support for scaling up and establishing a new business or the startup. The FNCCI made this announcement through its official website on April 16 for the online application. The Startups and Innovation Committee (SUIC) of […]
Kathmandu / April 12: The World Bank (WB) has projected that Nepal’s public borrowing will reach around half of the country’s gross domestic product (GDP) in the next fiscal year. Unveiling ‘Nepal Development Update’ on Monday, the WB estimated that Nepal will be having public debt of 47.9 percent of the country’s GDP in 2021/22. […]
Adarsha Subedi / Kathmandu: The year 2020 has not been something we envisioned or expected yet something we needed to adjust to. An infection known as COVID – 19 so threatening surfaced in our current circumstance closing the whole world down. As per the WHO, COVID – 19 has disturbed in excess of 100 million […]
Dhirendra Prasad Sah, Rajbiraj, Jan. 19: The National Planning Commission (NPC) held an interaction with local level people’s representatives and stakeholders of Saptari and Siraha districts in Rajbiraj on Tuesday for the internal evaluation of the People’s Housing (Janata Awash) programme. In the interaction, officials at the Urban Development and Building Office (Saptari-Siraha) Rajbiraj briefed […]
Pokhara / Jan 8: The construction work of the Pokhara regional airport has made 68 per cent progress so far. According to the Airport construction project, the construction activities of the airport would be completed within next six months. Looking at the current progress, it seems that the construction of the airport would be completed […]
Kathmandu / Jan 6: The World Bank (WB) has projected that Nepal’s economy will grow by a meager 0.6 percent in the current fiscal year. Reaffirming its projection made earlier in October, the international lending institution has stated that Nepal’s economic growth rate will remain at less than one percent in 2020/21. The low growth […]
Kathmandu / Dec. 3: Finance Minister Bishnu Prasad Paudel has assured the private sector that the Ministry of Finance would give special emphasis to the development of and collaboration with the private sector. Welcoming the newly elected leaders of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) at the ministry on Wednesday, he […]
