Blogs & Articles
Nepal’s Inflation Cools with Mixed Regional Trends
Nepal’s consumer price inflation exhibited a mixed trend across various regions, according to the latest data. While the Kathmandu Valley and Terai regions experienced a moderation in inflation rates, the Hilly region witnessed a notable increase. The year-on-year consumer price inflation in the Kathmandu Valley stood at 4.06 percent, a significant drop from 8.57 percent […]
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Nepal’s Foreign Exchange Reserves Surge by 24.2% to New Heights
Nepal’s foreign exchange reserves have witnessed a remarkable surge, according to the latest data released by the Nepal Rastra Bank (NRB). In mid-April 2024, the gross foreign exchange reserves soared by an impressive 24.2 percent, reaching a staggering Rs. 1911.86 billion, a significant increase from the Rs. 1539.36 billion recorded in mid-July 2023. In US […]
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Nepal’s Banking Sector: A Beacon for Women’s Advancement
In Nepal, Banking Industry Leads Women’s Empowerment Efforts, Nepali Women in Finance, Nepali Market Progress, Nepal Women Workforce, Nepal Banking Gender Equality, Nepal Business News, Nepal’s banking sector is paving the way for women’s empowerment despite social challenges in the patriarchal society. A recent report by the International Finance Corporation (IFC) unveils Nepal’s leading role […]
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EU Pledges Support for Boosting Investment in Nepal
The European Union (EU) has reaffirmed its commitment to supporting Nepal in attracting foreign investment, with a particular focus on bringing European companies to the Nepali market. During a reception held on Thursday to commemorate the 50th anniversary of diplomatic relations between Nepal and the EU, Ambassador Veronique Lorenzo highlighted the upcoming ‘EU-Nepal Trade Forum’ […]
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Gold Prices Soar in Nepal’s Domestic Market
Nepal’s domestic bullion market witnessed a significant surge in gold prices, with the precious yellow metal recording an increase of Rs 2,300 per tola (11.66 grams) on Wednesday. According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of hallmark gold has been fixed at a staggering Rs 137,900 per tola, a […]
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Nepal Fuels Entrepreneurial Spirit with Start-up Loans and Incentives
Nepal’s start-up ecosystem is set to receive a significant boost as the government gears up to disburse start-up loans beginning the second week of Jestha (May/June). The Industrial Enterprise Development Institute has announced that selected businesses, chosen based on their presentations, will commence receiving loans during this period, fueling entrepreneurial endeavors across diverse sectors. Out […]
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Hyundai Assembly Plant Inaugurated in Nepal
Nepal’s Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has reaffirmed the government’s commitment to fostering an investment-friendly environment, driving economic transformation, and bolstering the country’s industrial sector. During the inauguration of the Hyundai Motor Assembling Plant of Laxmi Motor Corporation in Nawalparasi, PM Prachanda emphasized the pivotal role of the private sector in propelling Nepal’s journey […]
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Blacklisting in Nepal: A Harsh Reality for Defaulters
In the dynamic world of finance, where loans and credit play a crucial role, Nepal’s banking sector has grappled with the issue of defaulters and blacklisting. As the number of individuals, firms, and companies failing to repay their loans continues to rise, the consequences of being blacklisted have become a harsh reality. The credit information […]
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Private Sector Calls for Increased Capital Expenditure to Boost Economic Growth
As Nepal gears up for the presentation of the annual budget for the fiscal year 2024-25 on May 28, the country’s private sector has been counting on the government to target a larger capital expenditure outlay to support higher economic growth amid the ongoing economic slowdown. In a pre-budget discussion organized by the Society of […]
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