nepal startup ecosystem
Bagmati Province Leads Nepali GDP Contributions
Bagmati Province has emerged as the frontrunner in contributing to Nepal’s Gross Domestic Product (GDP), while Karnali Province lags behind, according to the latest Provincial GDP Estimates for the fiscal year 2080/81 released by the National Statistics Office (NSO). The report, made public on Wednesday, reveals that Bagmati Province is estimated to account for a […]
Read MoreNCC’s Bold Vision: Rs. 1,000 Billion Export Target
The Nepal Chamber of Commerce (NCC), under the leadership of its newly elected President, Kamlesh Agrawal, has formulated an ambitious plan to propel the country’s annual export capacity to an unprecedented Rs. 1,000 billion. This bold initiative, outlined in the NCC’s export promotion action plan, aims to catalyze export growth and reduce the nation’s trade […]
Read MoreNepal ISPs Await Court Ruling on Internet Tax Payment
In a move that could potentially impact internet access and prices in Nepal, internet service providers (ISPs) are eagerly awaiting the full text of the Supreme Court’s ruling regarding the payment of taxes they collected from customers. This comes after the court scrapped a writ petition filed by Worldlink Communications, ordering ISPs to pay the […]
Read MorePrivate 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 […]
Read MoreDFI 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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