Nepal economic development
Nepal’s Economic Outlook: Positive Trends in Key Indicators
Nepal’s economic landscape demonstrates resilience and positive growth trajectories across several key indicators as per the latest report by the Nepal Rastra Bank (NRB). The report highlights encouraging trends in various economic facets: Inflation Trends: CPI-based inflation remained stable at 4.61 percent year-on-year (y-o-y), down from 7.76 percent compared to the previous year. Food and […]
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Nepal’s Banking Sector: A Beacon for Women’s Advancement
In Nepal, Banking Industry Leads Women’s Empowerment Efforts, Nepali Women in Finance, Nepali Market Progress, Nepal Women Workforce, Nepal Banking Gender Equality, Nepal Business News, Nepal’s banking sector is paving the way for women’s empowerment despite social challenges in the patriarchal society. A recent report by the International Finance Corporation (IFC) unveils Nepal’s leading role […]
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EU Pledges Support for Boosting Investment in Nepal
The European Union (EU) has reaffirmed its commitment to supporting Nepal in attracting foreign investment, with a particular focus on bringing European companies to the Nepali market. During a reception held on Thursday to commemorate the 50th anniversary of diplomatic relations between Nepal and the EU, Ambassador Veronique Lorenzo highlighted the upcoming ‘EU-Nepal Trade Forum’ […]
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Nepal’s Investor-Friendly Climate Lauded at Investment Summit 2024
The third Nepal Investment Summit 2024 has served as a platform for national and international entrepreneurs to showcase Nepal’s investment-friendly climate and abundant opportunities. During the session ‘Success Stories of Investment in Nepal,’ participants shared their experiences of thriving businesses in the Himalayan nation and expressed optimism about the prospects of investing in various sectors. […]
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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 […]
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Nepal Investment Summit 2024: Projects Worth Rs 9.13 Billion Approved
Investments worth a whopping Rs 9.13 billion have recently gotten the nod for four diverse projects in Nepal. These developments come as part of the ongoing 3rd Nepal Investment Summit 2024, signaling promising growth in the nation’s economic landscape. The Department of Industry has greenlit significant investments across various sectors, setting the stage for enhanced […]
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Nepal Focuses on Diversifying Energy Mix: Experts Advocate for Hydrogen, Solar, and Wind Power
During the Himalayan Hydro Expo 2024, organized by the Independent Power Producers’ Association, Nepal (IPPAN), stakeholders and experts converged to discuss the pressing need for diversifying Nepal’s energy mix. The session, titled “Pioneering the Clean Energy Synergy,” shed light on the immense potential of alternative energy sources, including hydrogen, solar, and wind power, alongside the […]
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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 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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Third Investment Summit Unveils Exciting Opportunities for Nepal’s Economic Growth
The Third Investment Summit, scheduled for April 28 and 29, in Kathmandu, is set to unveil a plethora of investment prospects for Nepal’s economic advancement. Organized by the Investment Board, this two-day event promises enlightening sessions and discussions aimed at fostering sustainable development. The Summit’s agenda includes an array of insightful sessions, starting with two […]
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