Foreign companies operating in Nepal without local regulatory oversight can now send their profits abroad more easily, thanks to a new rule from Nepal...
Finance Minister Barshaman Pun has outlined the government's commitment to introducing a balanced budget for the upcoming fiscal year, emphasizing a prudent approach to fiscal management amidst evolving economic challenges.
Disney is teaming up with Mukesh Ambani's Reliance Industries to address challenges in its Indian streaming business.
The company announced a merger between its...
Nepal Rastra Bank (NRB) has reported a surge in year-on-year y-o-y consumer price inflation in the Kathmandu Valley, Terai, Hill and Mountain region to 10.23 percent, 5.66 percent, 7.38 percent, and 10.24 percent, respectively, in the three months ending Mid-October 2023/24.
Kaligandaki Rural Municipality in Syangja district exported flowers worth Rs 2 million this festive season, boosting the local economy. The municipality, supporting growers with subsidies and grants, expects to hit Rs 2.5 million by the Tihar festival end.
Nepal Rastra Bank NRB has published the economic and financial status of the country for the first three months of the current fiscal year.
Inflation...
The Millennium Challenge Account Nepal Development Committee has cancelled a 400-KV transmission line contract due to increasing construction costs, causing uncertainties over the project's timeline and next tender announcement.
