Nepal investment opportunities
Nepal’s Economic Landscape: Volatility, Reforms, and Progress
Nepal’s economic landscape has been marked by volatility and strategic planning, as the nation navigates global instabilities, domestic reforms, and sectoral advancements. The fluctuations in gold prices, mirrored by the NEPSE index’s volatility, underscore the market’s sensitivity to geopolitical tensions, monetary policy shifts, and economic uncertainties. Amidst this dynamic environment, Nepal unveiled its new fiscal […]
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NRB Revises Vehicle Loan Rules, Eases Home Loan Criteria
In a significant move aimed at promoting financial inclusion and supporting economic growth, the Nepal Rastra Bank (NRB) has announced key revisions to its monetary policy during the third-quarter review for the fiscal year 2023/24. Among the notable changes, the central bank has reduced the risk weightage on vehicle loans and eased the eligibility criteria […]
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Nepali Businessman Sharma Appointed as Kyrgyzstan’s Honorary Consul
In a move to strengthen economic ties between Nepal and Kyrgyzstan, Ramesh Sharma, the Secretary General of the Nepal-India Chamber of Commerce and Industry, has been appointed as the Honorary Consul General of Kyrgyzstan to Nepal. The flag hosting and inauguration ceremony was held in the presence of Non-residential Ambassador to Nepal, Askar Beshimov. Sharma, […]
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Koshi NK Motors Revs Up Electric Vehicle Production in Nepal
In a significant stride towards promoting sustainable transportation and indigenous manufacturing, Koshi NK Motors Pvt. Ltd. has accelerated its preparations to commence the production of electric vehicles (EVs) within a year. Established in Koshi Province with an investment exceeding Rs. 3 billion, this ambitious venture has taken a concrete step forward by entering into a […]
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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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First MCC construction contract awarded – Butwal Substation Deal Signed
In a significant stride towards bolstering Nepal’s energy infrastructure and facilitating cross-border energy trade, the Millennium Challenge Account-Nepal (MCA-Nepal) has inked a contract agreement for the construction of the New Butwal Substation. This pivotal project is being funded through a grant from the US Mission Millennium Challenge Corporation (MCC), marking the first construction contract under […]
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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
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
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 Investment Summit 2024 Concludes – Cements Path for Boosting Investments
The third edition of the Nepal Investment Summit 2024 concluded on Monday, marking a significant milestone in the country’s efforts to attract domestic and foreign investments. The two-day event witnessed the signing of several crucial agreements and the laying of foundations for bringing in more investments into Nepal. According to Sushil Bhatta, Chief Executive Officer […]
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