Economic development

Rajesh Kaji Shrestha Elected as Chairman of Nepal Chamber of Commerce Advisory Council
News

Rajesh Kaji Shrestha Elected as Chairman of Nepal Chamber of Commerce Advisory Council

Rajesh Kaji Shrestha has been appointed as the Chairman of the Advisory Council of the Nepal Chamber of Commerce (NCC), marking a significant milestone in his longstanding association with the chamber. Shrestha, a former president of the chamber, assumes the role of advisory council chairperson, where he will play a pivotal role in guiding the […]

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Minister Bhagwati Chaudhary Inspects Bhrikutimandap Market, Calls for Enhancements
News

Minister Bhagwati Chaudhary Inspects Bhrikutimandap Market, Calls for Enhancements

Bhagwati Chaudhary, the Minister for Women, Children, and Senior Citizens, conducted an inspection of the Bhrikutimandap market, directing authorities to elevate its organization and management standards. Operating under the auspices of the Social Welfare Council, the market received attention from the minister, who expressed concerns over its vulnerability. Minister Chaudhary stressed the imperative need for […]

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“Finance Minister Emphasizes Government’s Pro-Private Sector Stance
News

“Finance Minister Emphasizes Government’s Pro-Private Sector Stance

During a meeting with representatives from the Revenue Advisory Committee and private sector umbrella organizations at the Ministry of Finance, Finance Minister Barshaman Pun highlighted the government’s efforts to promote a private sector-friendly agenda. Minister Pun noted that the active participation of the private sector in the recent Nepal Investment Summit serves as a testament […]

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Nepalganj’s Herb Exports Surpass Rs 700 Million, Fostering Optimism for Sector Revival
Business | Finance | Economy

Nepalganj’s Herb Exports Surpass Rs 700 Million, Fostering Optimism for Sector Revival

Nepalganj, the primary hub for herb exports in Nepal, has witnessed a notable achievement as herb exports exceeded Rs 700 million during a nine-month period. Despite facing various hurdles, the Nepal Herb Traders Association reports that from July to March of the current fiscal year, herb exports soared, surpassing the significant Rs 700 million mark. […]

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Cross-Border Digital Payment Milestone: Indians Can Now Pay in Nepal via Mobile Phones
Fintech

Cross-Border Digital Payment Milestone: Indians Can Now Pay in Nepal via Mobile Phones

Since March 1, a groundbreaking shift has occurred in cross-border digital payments between Nepal and India, allowing Indians to seamlessly conduct transactions using their mobile phones. This milestone marks a significant advancement in the realm of digital finance, fostering greater connectivity and convenience for individuals transacting across borders. In a strategic partnership, Fonepay Payment Service […]

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Cross-Border Digital Payment Milestone: Indians Can Now Pay in Nepal via Mobile Phones
Fintech

Cross-Border Digital Payment Milestone: Indians Can Now Pay in Nepal via Mobile Phones

Since March 1, a groundbreaking shift has occurred in cross-border digital payments between Nepal and India, allowing Indians to seamlessly conduct transactions using their mobile phones. This milestone marks a significant advancement in the realm of digital finance, fostering greater connectivity and convenience for individuals transacting across borders. In a strategic partnership, Fonepay Payment Service […]

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Nepal Launches Foreign Employment Saving Bond 2086 with 9% Interest Rate
Market

Nepal Launches Foreign Employment Saving Bond 2086 with 9% Interest Rate

The Public Debt Management Office (PDMO), operating under the Ministry of Finance, has unveiled the Foreign Employment Saving Bond 2086, offering a lucrative 9% interest rate. With the aim of attracting Nepali migrant workers and returning citizens, this bond initiative targets to raise Rs. 1 billion with a maturity period of five years. Catering specifically […]

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Nepal Finance Minister Urges US Investors for Opportunities
Business | Finance | Economy

Nepal Finance Minister Urges US Investors for Opportunities

Finance Minister Barshaman Pun, currently in the US, has captured the attention of American investors towards Nepal. He urged them to explore investment prospects. During a roundtable discussion organized by the US Chamber of Commerce in Washington on Wednesday, Finance Minister Pun emphasized the need for investors to identify opportunities in Nepal. Anjali Kaur, Deputy […]

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