nepal stock exchange
Nepal Business News: Loans, Elections, Currency Update
Nepal Government Approves World Bank Loan for Development Projects Kathmandu, May 3: In a significant move to boost the country’s economy, the Nepal government has given the green light for a concessional loan of around Rs 13.33 billion from the World Bank. This decision was announced during a press conference held at the Ministry of […]
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Xiamen Golden Dragon Partners & Koshi NK Motors to setup Nepal’s first EV Assembly Plant
In a groundbreaking move for Nepal’s automotive industry, Xiamen Golden Dragon, a leading Chinese vehicle manufacturing company, is set to establish the nation’s first-ever electric vehicle (EV) assembly plant. The company has inked a historic deal with Koshi NK Motors Pvt. Ltd., a Nepali firm, to invest a massive Rs. 300 Crore (Rs. 3 Billion) […]
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NEPSE Rebounds with Strong Gains After Investment Summit
Following the conclusion of the Third Investment Summit on Monday, the Nepal Stock Exchange (NEPSE) has witnessed a remarkable resurgence on Tuesday, buoyed by positive investor sentiment and renewed confidence in the Nepali market. On the third day of trading, the NEPSE index surged by an impressive 25.93 points, reaching 2006.28 points, a notable increase […]
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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 Attracts Foreign Investment, China & India Offer Incentives
Nepal’s capital Kathmandu recently hosted the third Nepal Investment Summit, attracting over 1,100 foreign participants, predominantly from neighboring giants China and India. The summit aimed to showcase Nepal as an emerging destination for private sector investment and highlight recent reforms to enhance the investment climate. In a significant move, China announced the exemption of visa […]
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Investment Talks and MoUs Signed as Nepal, Russia Explore Trade Expansion
In a significant move to boost economic cooperation, the Confederation of Nepalese Industries (CNI) and a visiting business delegation from the Russian Chamber of Commerce and Industry held discussions on expanding trade and business ties between Nepal and Russia on Wednesday. The talks focused on exploring investment opportunities and strengthening bilateral relations. During the business […]
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Nepali Businesses Face IP Challenges
Nepal’s business landscape is grappling with a surge in intellectual property rights (IPR) violations, posing significant challenges for domestic industrialization and attracting foreign direct investment (FDI). As the country commemorates World Intellectual Property Day, government officials and industry experts have raised concerns over the alarming rise in trademark, patent, and design infringements, underscoring the need […]
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Nepal-China Trade Fair Returns
The highly anticipated 17th Nepal-China (Tibet) Economic and Trade Fair is set to take center stage in the federal capital, Kathmandu, on April 29th. This biennial event, organized under the agreement between the Nepali government and the commerce department of the Tibet Autonomous Region of China, has become a pivotal platform for fostering robust economic […]
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Industrialists Propose Tax and Customs Reforms
Banke industrialists convened to address taxation concerns during a session with the Revenue Advisory Committee. The discussion, organized by the Nepalgunj Chamber of Commerce and Industry, highlighted the need for revisions in customs and tax rates to foster a conducive business environment. During the session, business leaders expressed dissatisfaction with the current single-rate value-added tax […]
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NEPSE Index Drops, Finance Subgroup Hit Hardest
The Nepal Stock Exchange (NEPSE) index faced a downturn on Monday, following a recent surge on Sunday. Experiencing a decline of 15.41 points, the stock market reached 1969.02 today. A significant total of 5,656,282 shares exchanged hands, amounting to Rs 2,058,300,000 in value. Compared to Sunday’s trading worth Rs 2.26 billion, Monday’s trading saw a […]
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