Friday, September 17, 2021

The initiative focuses on addressing the difficulties of traders and manufacturers.

In a recent interview, Chandra Prasad Dhakal, Senior Vice-President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), stated that in his as the umbrella organisation for all of the country's traders, entrepreneurs, and industrialists, the...

In Karnali, cereal crop production is rising, but vegetable production is down.

According to a study, food crop output has grown while vegetable production has decreased in province. According to the Provincial Economic Activities Study Report, 2020/21, issued by Nepal Rastra Bank (NRB), the area under food crop cultivation in the...

The average length of stay for foreign tourists in Nepal has risen to 15 days

Although the number of foreign tourists visiting Nepal has decreased due to the -19 pandemic, the average of stay has increased. According to the Ministry of Culture, Tourism, and Civil Aviation's recently released "Nepal Tourism Data 2020," tourists' average...

5 megawatts of solar-generated electricity connected to national grid

The solar grid has contributed 5 megawatts of electricity to the national grid, which has increased the overall of the grid. The solar-powered electricity generated by a Solar Farm Pvt Ltd in Belchautara in Shuklagandaki Municipality-5 in Tanahu...

Investors are flooding into Nepal’s stock market in large numbers.

Since the Nepalese Stock Exchange (NEPSE) first opened its trading floor in January 1994, the capitalization of the Nepalese equities market has been steadily increasing. Simply put, the overall market capitalization of NEPSE increased by nearly NRs. 3,76,871 million...

The Deuba-led government has unveiled a revised budget of Rs 1.632 trillion

For the fiscal year 2021-22, the government has proposed a new budget, which amends the prior ordinance introduced by the former KP Oli administration. The Finance Minister tabled the budget substitution bill on Friday afternoon, despite opposition from members...

Casinos in Nepal are permitted to operate for a total of 16 hours per day by the government.

Casinos around the country are now permitted to operate for a total of 16 hours each day, thanks to an agreement with the government. Following the emergence of the -19 pandemic in Nepal, casinos, which were a key source...

Despite the impact of COVID-19, Nepal’s foreign commerce grew rapidly in the first month of the current fiscal year

Despite the impact of -19, Nepal's international commerce increased by 79.71 percent in the first month of the current fiscal year 2021-2022, which began in mid-July, according to data from the Department of Customs. Exports increased by 115.85% year on...

In the first eight months of 2021, over 66,000 foreign visitors visited Nepal.

In the first eight months of 2021, more than 66,000 foreign visitors visited Nepal. According to the Nepal Tourism Board, 66,966 foreign tourists visited Nepal between January and August. In the month of August, a total of 5,917 international tourists...

Chobhar’s dry port is ready to go!

The dry port at Chobhar, Kathmandu, is about to open for business. According to the Nepal Intermodal Transport Development Board, the government-built dry port's essential infrastructure was complete. The government established the port, which can hold roughly 500 containers, to...

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