Economy

Drug importers’ protest draws flak

medicines

Kathmandu / May 15: Two leading professional bodies of the private sector have criticized the decision of Nepal Drug Importers Association (NDIA) to stop import of different medicines as part of its protest against the government. Responding to a series of protest programs announced by the NDIA on Friday, Federation of Nepalese Chambers of Commerce […]


Nepal, China sign framework deal on OBOR

obor-signing-2

Kathmandu / May 12: Nepal and China on Friday signed a framework agreement on China’s One Belt One Road (OBOR) initiative, days ahead of a summit in Beijing where an ambitious plan to build a modern-day Silk Road trade routes and lead a new era of globalisation would be unveiled. Foreign Secretary Shankar Das Bairagi […]


New budget to be historic, says Governor Nepal

Chiranjivi Nepal

Kathmandu / May 8:The Governor of Nepal Rastra Bank (NRB) Dr Chiranjivi Nepal has claimed that the budget for the fiscal year 2017/018 would be historic. At a pre-budget discussion programme organized here by the central bank Monday, the Governor said that the new budget would be brought in a new paradigm with the implementation […]


Banking Expo-2017 begins

Banking Expo

Kathmandu / Apr. 28: Banking Expo-2017 targeted to the financially backward communities has started at Bhrikutimandap from today. Nepal Rastra Bank (NRB) Governor Dr. Chiranjibi Nepal inaugurated the expo amid a program. It is stated that there are hundreds of thousands of people even in Kathmandu valley who are not within the financial and banking […]


First banking expo from April 28

Nepal-Bankers’-Association

Kathmandu / Apr. 25: A banking expo is being organised at local Bhrikutimandap from April 28 in collaboration with the Nepal Rastra Bank (NRB), Bankers Association, Development Bankers Association and Micro Finance Development Bankers Association. According to NRB deputy director Bibhu Prasad Aryal, this type of expo going to be organised for the first in […]


Industry Ministry unveils plan to create job opportunity for one million in a decade

nabindra-raj-joshi

Kathmandu / Apr. 20: The Ministry of Industry has unveiled an ambitious plan with the promise of attracting foreign investment in domestic industrial sector and thus creating employment opportunities for one million people within the next 10 years. The Ministry unveiled this plan in a meeting with the representatives of various diplomatic missions here today […]


Capital expenditure only 36 per cent in nine months

Finance Ministry

Kathmandu / Apr. 17: The total capital expenditure in the country has stood at 36 per cent in the first nine month of the current fiscal year. The information was shared during the second quarterly meeting of the ministry-level development problem resolution committee held in Singhadurbar on Monday. Deputy Prime Minister and Minster for Finance […]


Shekhar Golchha elected for the post of senior VP in FNCCI

Shekhar Golcha

Kathmandu / Apr. 11: Ending long speculation about the future president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the umbrella organization of the Nepali entrepreneurs, industrialist Shekhar Golchha became the new senior vice-president of the organisation. As per the new statute of FNCCI, which has a provision to automatically appoint the […]


51st AGM of FNCCI: No dual taxation in federal system: PM Dahal; FNCCI honours eminent personalities

FNCCI Convention

Kathmandu / Apr. 10: Prime Minister Pushpa Kamal Dahal has said there would not be any sort of dual taxation system on the movement of goods, services and capital within the states after the implementation of federal system. Addressing the 51st Annual General Meeting of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) […]


Foreign investment increases four folds in eight months

Nepal Rastra Bank

Kathmandu . Apr. 10: Foreign investment has surged four folds in the eight months of the current fiscal year. The Current Economic Situation Report released by Nepal Rastra Bank on Monday states that Rs 8.35 billion foreign direct investment flowed into the country during this period. As per the report, the FDI in the corresponding […]




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