Nepal’s trade treaty with India is in need of substantial revisions in order for Nepal to be able to arrest its ballooning trade deficit with its biggest trade partner.
Prime Minister KP Sharma Oli who is presently in Switzerland in course of attending the World Economic Forum’s annual meeting- 2019 has called on the international community to help make the ‘Investment Conference’ Nepal is hosting on March 29-30 successful.
Province 3 chief minister Dormani Poudel has suggested the evaluation of returns in the areas of investment made by the Asian Development Bank (ADB).
A master plan has been formulated for the development of tourism at Pandaveshwor Mahadev Dham here. The master plan amounting to Rs 900 million to develop and promote the religious spot Pandaveshwor Mahadev Dham at Dharapani in Dang district.
A total of 144,000 kilograms of sugar brought from India some four months ago targeting the major festivals is yet to obtain the customs clearance document from the Nepalgunj Customs Office. The sugar has been stored in the customs office following the government to impose a quantitative restriction on sugar imports, it is said. T
Nepal has the potential to increase exports to South Asian countries four-fold. Man-made trade barriers have held back intraregional trade in South Asia. If these barriers were reduced, intraregional trade could grow from its current value of $23 billion to $67 billion, says a new World Bank report.
Economies in developing Asia and the Pacific are weathering external challenges thanks to robust domestic demand, while inflationary pressures are abating, says a new report from the Asian Development Bank (ADB).
But major challenges remain, including slow progress on policies to decarbonize heating and transport, according to a new report
Around four months after the commencement of the fiscal year 2075/76, the Nepal Tourism Board (NTB) has allocated around Rs 1.7 billion budget for the FY. The budget was approved by the Board of Directors of the NTB.
A total of Rs 17.5 million was collected from the week-long Shreemad Bhagawat story recitation programme organized by Shanti Basic School at Madhyabindu Municipality-1 in Nawalparasi district.
Siddhartha SJB Rana bagged the award for paying the highest amount of income tax in the individual category, while Sipradi Trading Private Limited paid the highest amount of tax among trading companies for the fiscal year 2073/74 B.S. Siddhartha SJB Rana is the executive chairman of Sipradi Trading Pvt. Ltd.
The government of Japan has agreed to provide grant assistance of 350 million Yen equivalent to about Rs 356 million to Nepal for carrying out food assistance programme.