Blogs & Articles
Gold Prices in Nepal Drop by Rs 400 per Tola
In the latest development in the precious metals market, gold prices in Nepal have witnessed a notable decrease, with the cost per tola (11.66 grams) dropping by Rs 400, according to the Nepal Gold and Silver Dealers’ Association. The association has revised the price of fine gold to Rs 137,200 per tola, while the standard […]
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WAPP and NAPPP Join Forces to Promote Public-Private Partnerships in Nepal
The ongoing Third Investment Summit in Kathmandu witnessed a significant milestone as the World Association of PPP Units and Professionals (WAPP) and the Nepalese Association of PPP Professionals and Practitioners (NAPPP) signed a Memorandum of Understanding (MoU) to foster bilateral cooperation in the realm of public-private partnerships (PPP). The MoU, signed by WAPP President Ziad-Alexandre […]
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Australian Group to Invest in Luxury Resort at Nepal’s Rara Lak
In a significant development for Nepal’s tourism industry, an Australian Expert Group has pledged to invest in the development of a luxury resort in the picturesque surroundings of Rara Lake, Nepal’s largest freshwater lake. The agreement was formalized during the ongoing Third Nepal Investment Summit in Kathmandu, marking a milestone for the country’s efforts to […]
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Nepal Focuses on Diversifying Energy Mix: Experts Advocate for Hydrogen, Solar, and Wind Power
During the Himalayan Hydro Expo 2024, organized by the Independent Power Producers’ Association, Nepal (IPPAN), stakeholders and experts converged to discuss the pressing need for diversifying Nepal’s energy mix. The session, titled “Pioneering the Clean Energy Synergy,” shed light on the immense potential of alternative energy sources, including hydrogen, solar, and wind power, alongside the […]
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Nepal needs to Boost Handicraft Sector to Curb Imports
In a significant move to promote the domestic handicraft industry and curb imports, Damodar Bhandari, the Minister for Industry, Commerce, and Supplies, has recognized the vital role of the handicrafts business in reducing the country’s imports. During an interaction organized by the Federation of Handicraft Associations of Nepal on Friday, the Minister emphasized that the […]
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Nepal Attracts Foreign Investment, China & India Offer Incentives
Nepal’s capital Kathmandu recently hosted the third Nepal Investment Summit, attracting over 1,100 foreign participants, predominantly from neighboring giants China and India. The summit aimed to showcase Nepal as an emerging destination for private sector investment and highlight recent reforms to enhance the investment climate. In a significant move, China announced the exemption of visa […]
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Nepal-China (Tibet) Economic and Trade Fair Set to Boost Bilateral Ties
Kathmandu is gearing up to host the 17th Nepal-China (Tibet) Economic and Trade Fair from April 29 to May 3, 2024. Organized as per the agreement between the Government of Nepal and the Department of Commerce of Tibet Autonomous Region of China, this biennial event aims to further strengthen economic and trade relations between the […]
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NEPSE Rallies with Double-Digit Gains on Sunday
On the first day of the week, the stock market index NEPSE increased by double digits on Sunday. The NEPSE index increased by 14.33 points compared to the previous trading day. After the increase of that number, NEPSE has remained at 1980 points. A total of Rs 2.68 billion worth of securities were traded throughout […]
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Indian Envoy Pledges More Indian Investment in Nepal
In a significant move to bolster economic ties between India and Nepal, India’s Ambassador to Nepal, Naveen Srivastava, has assured that he will encourage more Indian companies to invest in the Nepali market. The ambassador made this commitment during his address at the opening session of the Third Nepal Investment Summit (NIS) held in Kathmandu […]
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Free China Visa for Nepalis from May 1
China has announced a major move to strengthen its ties with Nepal by granting free visas to Nepali citizens from May 1, 2024. The Chinese Embassy in Kathmandu has decided to waive visa fees for Nepali nationals, promoting closer people-to-people exchanges between the two countries. Chinese Ambassador to Nepal, Chen Song, revealed that this decision […]
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