Nepali businesses
Nepal Chamber of Commerce Urges Prime Minister for Economic Rejuvenation
In a recent development, a delegation from the Nepal Chamber of Commerce (NCC) convened with Prime Minister Pushpa Kamal Dahal ‘Prachanda’ to address the pressing economic issues gripping the nation. Led by NCC president Kamlesh Kumar Agarwal, the delegation presented recommendations aimed at revitalizing the economy through enhanced coordination between fiscal and monetary policies. According […]
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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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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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Nepal’s Cereal Imports Plummet in Fiscal Year 2023/24
In a significant trend for Nepal’s economy, the import of cereals has witnessed a notable decline during the first nine months of the fiscal year 2023/24. According to the latest trade data released by the Department of Customs, there has been a substantial decrease both in terms of monetary value and quantity, marking a shift […]
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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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Nepal Inks Landmark Deal with Croatia for Trade and Tourism Boost
In a major development for Nepal’s business landscape, the Nepal Chamber of Commerce (NCC) has entered into a landmark agreement with a Croatian business delegation. The Memorandum of Understanding (MoU) focuses on bolstering collaboration in the trade and tourism sectors, opening new avenues for growth and investment. The agreement, aimed at facilitating trade and attracting […]
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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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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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