growth
Nepal’s 16th Five-Year Development Plan Unveiled
In a recent announcement, the government of Nepal has unveiled its 16th Five-Year Development Plan, outlining ambitious goals for economic growth and social development. The plan, revealed during a press conference at Singha Durbar, aims to propel the country’s economy forward, targeting a substantial increase in GDP and significant improvements in key indicators. The National […]
Read More
Nepal’s Economy Projected to Grow by 3.87% This Year: CBS
The Central Bureau of Statistics (CBS) has estimated that Nepal’s economic growth rate will be 3.87 percent for the current fiscal year 2080/81. This projection suggests a significant expansion of the Nepali economy by 3.87 percent compared to the previous year’s growth rate of 1.86 percent. According to the details disclosed in the Annual National […]
Read More
NEPSE Surges as Trading Week Commences
The Nepal Stock Exchange (NEPSE) kicked off the trading week with a significant surge, sparking interest among investors. On Sunday, the NEPSE index surged by an impressive 12.29 points, hitting 1984.43 points and setting a positive tone for the week ahead. Trading activities were bustling, with a substantial volume of shares changing hands. A total […]
Read More
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 […]
Read More
Democracy has not failed. The corrupted politicians have slowed down growth.
During the Monarchy, resources were misallocated or not allocated all. The rural parts of the country was very poor. There was little economic activity happening. People only 20 years ago were very poor. Ask your parents. They were likely in the villages farming and living a subsistence lifestyle. My parents both were before they god […]
Read More
Has limited social interaction actually limited my growth in life?
well we are social animals and we learn form interacting with our environment. A human learns how to behave, how others think and what the important things are from the environment. I didn’t have close friends who i played with or went to places with during my school days.i was alone most of the time.i […]
Read More
India-Nepal Economic Partnership Summit 2023
The India-Nepal Economic Partnership Summit 2023 is a major event that will bring together key stakeholders from both countries to discuss ways to deepen economic engagement. The summit is being organized by the Nepal-India Chamber of Commerce and Industry (NICCI), the PHD Chamber of Commerce and Industry (PHDCCI), the Startup Network, the Nepal SBI Bank, […]
Read More
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 […]
Read More
Electric Vehicle (EV) Sales in Nepal in Rise
The surge in gasoline prices has become a catalyst for the remarkable growth of electric vehicles (EVs) in Nepal’s market. Despite the recent decline in fuel prices, EVs continue to gain popularity and market share in the country. Among the EV models capturing significant attention is the Tata Nexon EV, regarded as a major attraction […]
Read More Sales in Nepal in Rise){kind=link}
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 […]
Read More