Kathmandu / May 22: Foreign trade of the country has decreased by about Rs 311 billion compared to the last fiscal year. According to the Department of Customs, in the 10 months of the current fiscal year (up to April), trade has decreased by Rs 311 billion this year due to a decline in imports […]
Kathmandu / May 10: Country’s balance of payments (BoP) remained at a surplus of Rs 180.17 billion till mid-April, according to the report about current macroeconomic and financial situation of Nepal unveiled by the Nepal Rastra Bank today. Similarly, gross foreign exchange reserves till the date stood at Rs 1433.73 billion and 10.94 billion in […]
Kathmandu / Apr. 22: Finance Minister Dr. Prakash Sharan Mahat has said that the government is committed to overcome the challenges related to project implementation and disbursements and improve capital expenditure. He made this remark while speaking at the opening session of a 2-day country portfolio review meeting organised by the government of Nepal and […]
Kathmandu / April 18: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said the government of Nepal recognizes the energy sector as the one that can lead the country to develop a strong base for prosperity. He also stressed that green energy will be both a means and also a product that will enable Nepal to […]
Kathmandu / April 16: Newly-elected President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Chandra Prasad Dhakal, has assumed office at the FNCCI central office in Teku, Kathmandu today. After assuming office, President Dhakal pledged to work for the welfare of small businesspersons. The 57th annual general meeting of the FNCCI on […]
Kathmandu / Apr. 13: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has urged the Investment Board (IB) of Nepal to centre the investments on mega infrastructure projects. Addressing a meeting of the IB today, the PM said we need a huge investment to graduate into the middle-income country by achieving the Sustainable Development Goals (SDGs) in […]
Kathmandu, April 11: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said that the government has sought more activeness and contribution from the private sector. Speaking at the inauguration of the 57th Annual General Meeting of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) at Kathmandu, PM viewed that the nation can not achieve […]
Kathmandu / April 10: Visiting former minister of South Korea Dr Lee Nam Ki has said that the Government of South Korea could make investments in Nepal upon the creation of a climate conducive for the purpose. He made this statement during a meeting with the Vice Chairperson of the National Planning Commission (NPC) Dr […]
Kathmandu / April 7: With three months left until the end of the current fiscal year, the government has barely spent a quarter of its capital expenditure. With one week left until the end of nine months of the current fiscal year, the capital expenditure has hardly been 25 percent. According to the daily budgetary […]
Kathmandu / March 28: Nepal Rastra Bank (NRB) has implemented a simplified customer identification (KYC) process for transactions up to Rs 100,000 for licensed institutions that perform payment related activities other than banks and financial institutions. NRB issued a circular to the payment service providers today asking them to implement this system for commercial transactions […]
Newbaneshwor
Kathmandu, Nepal
4479401
Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa