Nepal
Cross-Border Digital Payment Milestone: Indians Can Now Pay in Nepal via Mobile Phones
Since March 1, a groundbreaking shift has occurred in cross-border digital payments between Nepal and India, allowing Indians to seamlessly conduct transactions using their mobile phones. This milestone marks a significant advancement in the realm of digital finance, fostering greater connectivity and convenience for individuals transacting across borders. In a strategic partnership, Fonepay Payment Service […]
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Above-Normal Monsoon: Relief for Nepal’s Farm Economy
Good news for Nepal’s farming community and agro-based businesses! Meteorologists from South Asia are forecasting above-normal monsoon rainfall for most parts of the region, including Nepal. This prediction has raised hopes for a bountiful harvest, potentially reviving the country’s farm-dependent economy. According to a statement released by the 28th Session of the South Asian Climate […]
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Nepal to Feature Revised Map on 100 Rupee Notes
In a move that underscores Nepal’s territorial claims, the government has announced its decision to incorporate a new map of the country on the 100 rupee currency notes. The decision, confirmed by the Minister for Communication, Information and Technology, and government spokesperson, was made during the Cabinet meetings held on April 25 and May 2. […]
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Nepal to Feature Revised Map on 100 Rupee Notes
In a move that underscores Nepal’s territorial claims, the government has announced its decision to incorporate a new map of the country on the 100 rupee currency notes. The decision, confirmed by the Minister for Communication, Information and Technology, and government spokesperson, was made during the Cabinet meetings held on April 25 and May 2. […]
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Global Investors Laud Nepal’s Untapped Potential at Investment Summit
Title: Global Investors Laud Nepal’s Untapped Potential at Investment Summit Subtitle: Representatives from friendly nations, development partners, and private sectors express keen interest in exploring Nepal’s diverse investment opportunities across key sectors. News Article: Kathmandu, 1st May 2024 – The third Nepal Investment Summit, which commenced in Kathmandu on Sunday, has witnessed an outpouring of […]
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Nepal using Drones to Clean Mount Everest
Nepali guides who risk their lives carrying heavy loads through the treacherous Khumbu Icefall on Mount Everest will soon face some competition – from drones. The Khumbu Pasang Lhamu Rural Municipality, home to the mighty 8,848-meter Everest peak, is testing heavy-lift drones to bring back garbage from the mountain. While officials confirm the cargo drones […]
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Nepal’s Finance and Health Sectors Forge Closer Ties with China
In a significant development for Nepal’s economic and healthcare sectors, Chief Minister Yam Lal Kandel of Karnali Province convened with Finance Minister Barshaman Pun to deliberate on crucial projects and budget allocations for the forthcoming fiscal year. During the meeting, discussions centered on prioritizing key initiatives aimed at bolstering economic growth and addressing pressing healthcare […]
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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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Indian Envoy Pledges More Indian Investment in Nepal
In a significant move to bolster economic ties between India and Nepal, India’s Ambassador to Nepal, Naveen Srivastava, has assured that he will encourage more Indian companies to invest in the Nepali market. The ambassador made this commitment during his address at the opening session of the Third Nepal Investment Summit (NIS) held in Kathmandu […]
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Nepal Investment Summit 2024: Nepali Businesses, Market Opportunities
The much-awaited Nepal Investment Summit 2024 has kicked off in Kathmandu, Nepal, drawing over 1,600 participants from 55 countries around the globe. Organized by the Office of the Investment Board of Nepal, the third edition of this prestigious event aims to showcase the vast investment opportunities in the Nepali market and foster partnerships between local […]
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