Khabarhub
Nepal Investment Summit 2024 Hailed as ‘Grand Success’ by Finance Minister
Finance Minister Barshaman Pun has declared the recently concluded third Nepal Investment Summit-2024 a resounding success, citing the enthusiastic participation of development partners and the government’s efforts to create an investment-friendly environment. During a sideline meeting with representatives from the World Bank, Asian Development Bank, International Monetary Fund, the United Nations Development Programme (UNDP), and […]
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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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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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Nepal Investment Summit 2024: Nepali Businesses, Market Opportunities
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 Investment Summit 2024 Attracts Global Participants
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 […]
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Nepal Resumes Sovereign Credit Rating Process
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 […]
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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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Nepal’s Foreign Trade Sees Decline in Current Fiscal Year
Nepal’s foreign trade in the first nine months of the current fiscal year (FY 2080/081) has amounted to Rs 1.281 trillion, as per the Central Bureau of Statistics. Compared to the same period last year, which saw foreign trade at Rs 1.319 trillion, this year’s trade volume has decreased by 3 percent, equivalent to Rs […]
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NEPSE Index Drops, Finance Subgroup Hit Hardest
The Nepal Stock Exchange (NEPSE) index faced a downturn on Monday, following a recent surge on Sunday. Experiencing a decline of 15.41 points, the stock market reached 1969.02 today. A significant total of 5,656,282 shares exchanged hands, amounting to Rs 2,058,300,000 in value. Compared to Sunday’s trading worth Rs 2.26 billion, Monday’s trading saw a […]
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