The much-awaited Nepal Investment Summit 2024 has kicked off in Kathmandu, Nepal, drawing over 1,600 participants from 55 countries around the globe. Organized by the Office of the Investment Board of Nepal, the third edition of this prestigious event aims to showcase the vast investment opportunities in the Nepali market and foster partnerships between local […]
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Nepal Eyes Increased Foreign Investment as Global Investors Flock to Mega Summit In a strong display of international interest in Nepal’s burgeoning investment opportunities, over 1,600 individuals from 55 countries have confirmed their participation in the upcoming third Nepal Investment Summit, scheduled to commence on Sunday, April 28. The Office of the Investment Board of […]
In a significant move to attract more foreign investment, the Nepali government has revived the process of obtaining a Sovereign Credit Rating (SCR), which had been stalled for three years due to the COVID-19 pandemic’s economic impact. The SCR, issued by international credit rating agencies, is a crucial indicator of a country’s financial status and […]
In a significant move to boost economic cooperation, the Confederation of Nepalese Industries (CNI) and a visiting business delegation from the Russian Chamber of Commerce and Industry held discussions on expanding trade and business ties between Nepal and Russia on Wednesday. The talks focused on exploring investment opportunities and strengthening bilateral relations. During the business […]
Amidst soaring unemployment rates in Nepal, a burgeoning interest in startups has emerged among the country’s youth. Young entrepreneurs are increasingly drawn to the prospect of availing concessional loans to kickstart their business ventures, a trend that has been further catalyzed by the government’s startup loan scheme. The Ministry of Industry, Commerce, and Supplies has […]
In a comprehensive address marking the 69th anniversary of Nepal Rastra Bank (NRB), Governor Maha Prasad Adhikari provided an assessment of the country’s current economic condition, describing it as moderate. Despite challenges like low credit demand and economic slowdown, Adhikari highlighted positive signs in the external sector as a notable development during the year 2080 […]
In a pivotal move to enhance Nepal’s investment climate, the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has welcomed the government’s recent amendments to 12 laws and regulations through ordinances. These reforms come on the eve of the highly anticipated 3rd Nepal Investment Summit 2024, scheduled to take place on April 28-29 in […]
Nepal’s business landscape is grappling with a surge in intellectual property rights (IPR) violations, posing significant challenges for domestic industrialization and attracting foreign direct investment (FDI). As the country commemorates World Intellectual Property Day, government officials and industry experts have raised concerns over the alarming rise in trademark, patent, and design infringements, underscoring the need […]
Nepal’s Unfinished Mini Great Wall in Shailung Emerges as Unexpected Tourist Drawcard Despite being an ongoing construction project, the Shailung Great Wall in Dolakha district has unexpectedly become the latest attraction for tourists visiting Nepal. This mini replica of the iconic Great Wall of China has witnessed a significant surge in visitor numbers, captivating both […]