Economy

NRB launches service for exchanging clean notes from today

Kathmandu / Sept 29: The Nepal Rastra Bank (NRB) has launched the service for exchanging clean notes for the public today, targeting the Dashain festival. According to NRB assistant spokesperson Dr Dilliram Pokhrel, the service shall be available until October 8 at the central bank’s central and province offices and at the branches of all […]


NAC to sell int’l tickets from cities outside Kathmandu

Kathmandu / Sept 25: Nepal Airlines Corporation (NAC) has decided to sell international flight tickets from the cities outside Kathmandu – Biratnagar, Pokhara and Nepalgunj. The Corporation has arranged ticket sales from those cities for the convenience of the passengers in the wake of major festivals like Dashain, Tihar and Chhath. Earlier, the NAC was […]


Rs 94.52 billion sovereign debt added so far in current FY

Kathmandu / Sept 22: Country’s sovereign debt was added by Rs 94.52 billion in the first two months of the current fiscal year. According to the Public Debt Management Office, country’s sovereign debt which was Rs 2434.9 billion till the end of the last fiscal year has now reached Rs 2528.62 billon. The country’s sovereign […]


Govt committed to foreign investment promotion and trade expansion: Minister Bhandari

Kathmandu / Sept 16: Industry, Commerce and Supplies Minister Damodar Bhandari has said that Nepal needs to pay attention to foreign investment promotion, technology transfer and trade expansion to solve the problem of low productivity and weak competition. At the opening ceremony of the seventh conference of the Trade and Investment Framework Agreement Council (TIFA […]


Country’s economy becoming viable: NRB Governor Adhikari

Kathmandu / Sept 13: Nepal Rastra Bank’s Governor Maha Prasad Adhikari said that the country’s economy was becoming viable and business environment was being enabled. Addressing the Hotelier Summit organized by the Capital Nepal Business Magazine here today, Governor Adhikari highlighted tourism’s role in earning foreign currency and job creation. He expressed his confidence that […]


IFC commits to expanding investment in Nepal

Kathmandu / Sept 10: The International Finance Corporation (IFC) is to expand its investment in Nepal. During a meeting with Deputy Prime Minister and Minister for Finance Minister Bishnu Prasad Paudel at the Ministry today, IFC regional director for South Asia, Imad N Fakhoury, said the IFC is ready for an investment escalation in Nepal, […]


Investment will be discouraged if private sector brought under ambit of CIAA: NCC

Kathmandu / Sept 8: The Nepal Chamber of Commerce (NCC) has called attention of the Chief Secretary Ek Narayan Aryal to amend the provision, in the proposed bill, of bringing the private sector under the jurisdiction of the Commission for the Investigation of Abuse of Authority (CIAA). A team led by NCC President Kamalesh Kumar […]


Cabinet approves PM Oli’s visit to New York for attending 79th UNGA; decides to accept 115 million USD soft loan from ADB

Kathmandu / Sept 6: Prime Minister KP Sharma Oli will leave here for New York, the United States of America, on September 20, leading the Nepali delegation to the 79th General Assembly of the United Nations. A meeting of the Council of Ministers held on Thursday has approved the PM’s itinerary in this connection, said […]


Finance Ministry to invest Rs 600 million loan to DDC

Kathmandu / Sept 2: The Ministry of Finance has granted permission to the Ministry of Agriculture and Livestock Development to present a proposal in the cabinet to provide Rs 600 million loan to the Dairy Development Corporation (DDC). According to the Ministry of Agriculture and Livestock Development, the loan will be provided upon certain conditions. […]


Govt ready for positive intervention in economy: DPM Paudel

Kathmandu / Sept 1 : Deputy Prime Minister and Minister for Finance Bishnu Paudel has expressed the government readiness for tangible interventions for the advancement of national economy. At the 26th annual general meeting (AGM) of Society of Economic Journalists- Nepal (SEJON) held here Sunday, Finance Minister Paudel said the government was effortful to improve […]




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