nepal investment promotion
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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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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Private Sector Calls for Increased Capital Expenditure to Boost Economic Growth
As Nepal gears up for the presentation of the annual budget for the fiscal year 2024-25 on May 28, the country’s private sector has been counting on the government to target a larger capital expenditure outlay to support higher economic growth amid the ongoing economic slowdown. In a pre-budget discussion organized by the Society of […]
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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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