economy
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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Nepal Rastra Bank Governor Assesses Economic Outlook as Moderate
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 […]
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IMF Upgrades Global Economic Outlook: Soft Landing Ahead
The International Monetary Fund (IMF) has revised its global economic forecast, painting a picture of a “soft landing” for the world economy. Anticipating steady if modest growth, the IMF now projects a 3.2% expansion worldwide for the current year, matching the pace of 2023, with a similar growth outlook for 2025. Key to this outlook […]
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Nepali economy
I hear that there’s widespread recession. Talks of closed shutters, financial insolvency, lethargic spending etc are thrown around left and right. People of r/Nepal, what’s your personal experience regarding this topic? Do you see this happening? Is it affecting you personally? If so, how? Genuinely curious. View on r/Nepal by LegitimateAd6922
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Yatri’s P-1 Model Revolutionizes Nepali Automobile Industry
The registration of Yatri’s P-1 model as the first fully designed and manufactured vehicle in Nepal is a remarkable achievement that is set to revolutionize the Nepali automobile industry. The registration of the P-1 model marks the beginning of a new era for Yatri, and a new chapter for the Nepali automobile industry as a […]
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Nepal Government to tighten the credit for import of fuel based vehicles
The government of Nepal has announced plans to reduce the import of fuel vehicles and encourage the use of electric vehicles. The move is part of a broader effort to reduce the country’s trade deficit and improve its environmental sustainability. Under the new plan, the government will implement a number of measures to discourage the […]
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Thriving Wedding Industry in Nepal – Modernizing a Celebration of Traditional and Cultural Richness
Wedding is a significant cultural event in Nepal, with elaborate ceremonies and traditions that reflect the country’s diverse ethnic and cultural heritage. The wedding industry in Nepal is a thriving sector, with various vendors and service providers offering a range of services to help couples plan and execute their dream wedding. In this article, we […]
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Samsung Partners with Him Electronics to Open Nepal’s First Multinational Electronics Manufacturing Facility
Samsung and Him Electronics have partnered to open Nepal’s first multinational electronics manufacturing facility. The landmark television factory is located in Nawalparasi and was inaugurated by the Hon’ble Minister of Industries, Commerce and Supplies and Samsung Southwest Asia’s CEO, Mr. JB Park. This move is expected to have a significant impact on Nepal’s economy and […]
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List of Nepali Startups
Nepal may not be the first place that comes to mind when you think of startups, but it is slowly making a name for itself in the entrepreneurial world. With a young population that is eager to innovate and a growing economy, Nepal has become a hotbed of startups in recent years. One of the […]
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Google Enrolls itself in the Nepalese Tax System
Nepal’s tax system now includes Google LLC, one of the world’s biggest technology companies, as per the Inland Revenue Office. Google has registered in the Lalitpur-based Large Taxpayer Office to pay taxes on the different services and products it offers in Nepal, including electricity services, for Fiscal Year 2079/80. The spokesperson for IRD, Raju Prasad […]
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