nepal government initiatives

Hyundai Assembly Plant Inaugurated in Nepal
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Hyundai Assembly Plant Inaugurated in Nepal

Nepal’s Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has reaffirmed the government’s commitment to fostering an investment-friendly environment, driving economic transformation, and bolstering the country’s industrial sector. During the inauguration of the Hyundai Motor Assembling Plant of Laxmi Motor Corporation in Nawalparasi, PM Prachanda emphasized the pivotal role of the private sector in propelling Nepal’s journey […]

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DFI Investments Crucial for Nepal’s Economic Growth and LDC Graduation
Business | Finance | Economy

DFI Investments Crucial for Nepal’s Economic Growth and LDC Graduation

As Nepal stands at a critical juncture to graduate from the least developed countries (LDCs) category by 2026, the investment from development finance institutions (DFIs) has become crucial for the nation’s economic growth, according to experts and participants at a function held on Tuesday. DFIs are specialized foreign government-backed institutions that invest in commercially viable […]

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Tax Reforms and Economic Growth: Finance Minister’s Assurance
Business | Finance | Economy

Tax Reforms and Economic Growth: Finance Minister’s Assurance

Nepal’s Finance Minister Emphasizes Need-Based Tax Reforms Kathmandu, May 5: In a significant move to promote economic growth and address industry concerns, Finance Minister Barsha Man Pun has assured that the tax rates for the upcoming fiscal year will be revised based on need and relevance. Speaking during a meeting with youth industrialists and IT […]

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Tax Reforms and Economic Growth: Finance Minister’s Assurance
Business | Finance | Economy

Tax Reforms and Economic Growth: Finance Minister’s Assurance

Nepal’s Finance Minister Emphasizes Need-Based Tax Reforms Kathmandu, May 5: In a significant move to promote economic growth and address industry concerns, Finance Minister Barsha Man Pun has assured that the tax rates for the upcoming fiscal year will be revised based on need and relevance. Speaking during a meeting with youth industrialists and IT […]

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Nepal Amends Laws to Boost Investment Prospects – FNCCI Welcomes the govt. move
Business | Finance | Economy

Nepal Amends Laws to Boost Investment Prospects – FNCCI Welcomes the govt. move

In a pivotal move to enhance Nepal’s investment climate, the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has welcomed the government’s recent amendments to 12 laws and regulations through ordinances. These reforms come on the eve of the highly anticipated 3rd Nepal Investment Summit 2024, scheduled to take place on April 28-29 in […]

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