• Wednesday, April 23, 2025

Economy

Discrimination in course of budget and plans formulation to be ended: Finance State Minister

Dadeldhura / March 11: Minister of State for Finance, Damodar Bhandari, has said that the discrimination toward the Far-western region in course of formulating budget and plans would be ended. Bhandari, who has been taking responsibility of state minister for finance for the first time from the far-western development region, said that he would take […]


Chaudhary continues to maintain place in Forbes billionaires’ list

Kathmandu / March 10: The Forbes magazine published from the US has included Nepali industrialist Binod Chaudhary in the world billionaires list of 2016. Chairman of the Chaudhary Group, owns the properties worth 1.1 billion US dollars (some Rs 110 billion). The list made public by the magazine on Wednesday said Chaudhary stands 577th among […]


Industrial corridor operation in each province on card-Minister Pandey

Morang / March 9: Minister for Industry Som Prasad Pandey has said the government would operate industrial corridor in all seven provinces. At a programme organized by Morang Trade Association on Tuesday, Minister Pandey said the government would arrange at least 1,000 bighas of land in each province and implement the corridor operation policy which […]


Government will boost performance, Finance Minister Poudel

Butwal / March 8: Minister for Finance Bishnu Poudel has said the incumbent government would be the last one from the Legislature-Parliament. He ruled out any chance for the change of guard as the government has possessed a clear majority in the parliament. Minister Poudel, also the deputy general secretary of CPN-UML, hinted at the […]


Five new storage centres for fuel: Supplies Minister

Jhapa / February 28: Minister for Commerce and Supplies Ganesh Man Pun has said that fuel supplies would be eased soon. Speaking at a press meet at Birtamod today, Minister Pun said the current scarcity was because fuel being received from India was not in sufficient quantity. He said the storage capacity for fuel would […]


International investors keen on Nepal

Kathmandu / February 26: Nepal Chamber of Commerce has said the investors from international sectors have shown keen interest on Nepal. During the meetings with the representatives of the Chamber in India, the international investors wondered why Nepal failed to attract investment from neighbouring country. The Chamber made such revelation by holding a press meet […]


US president signs law granting special trade preference to Nepal

Kathmandu / February 25: U.S. President Barack Obama on Wednesday signed legislation authorizing special trade preferences for Nepal, which will grant duty-free tariff benefits for up to 66 types of items, including certain carpets, headgear, shawls, scarves, and travel goods. A US Embassy Kathmandu press release states that the Nepal programme is authorized for ten […]


Foreign investment vital for Nepal, says PM Oli

By Prakash Silwal (New Delhi) / February 22: Prime Minister KP Sharma Oli has said that there was an overwhelming consensus in Nepal that economic agenda should now be among the foremost priorities. “There is also consensus that foreign investment is vital and we need to attract it,” he added. Prime Minister Oli, who is […]


International trade fair from March 17

Kathmandu / February 18: An international trade fair is going to take place at local Bhrikutimandap from March 17 to 21. The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is hosting the fair that will be supported by the Ministry of Commerce and Supplies and Trade and Export Promotion Center. Stalls booking has […]


Foreign trade declines by 29 per cent

Kathmandu / February 16: The country’s foreign trade shrank by 29 per cent in the first six month of the current fiscal year 2015/016. The slump in the foreign trade volume is attributed to the decrease in import and export with India which constitutes two third of Nepal’s foreign trade, according to the Trade and […]




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