Recently, the Financial Action Task Force (FATF) plenary meeting held in Paris decided to continue Nepal’s grey list due to Nepal’s inability to cleanse its financial standing.
Q&A: Nepal’s economy is on firmer footing, IMF committed to continued engagement
Nepal, July 21 — In the wake of the Covid-19 pandemic, Nepal sought an Extended Credit Facility (ECF) from the International Monetary Fund as the country’s current account and balance of payments …
Foreign study costs outpace growth in Nepal’s service exports
Kathmandu, July 20 — Every year, thousands of Nepali students leave the country for higher education, taking billions of rupees in foreign exchange out of Nepal. Their educational expenses have …
Nepal SBI Bank wins four Asian Banking & Finance awards
Nepal SBI Bank Ltd. (NSBL) has won four awards at the Asian Banking & Finance (ABF) Awards 2026 in Singapore, recognizing its performance in both wholesale and retail banking. The bank was named Nepal …
The case for Nepal’s sovereign wealth funds to attract FDI
Nepal, July 9 — As Nepal targets an ambitious growth plan to become a $100 billion economy in the next five years, strategic foreign direct investment is a cornerstone of achieving this vision. Tax …
Business lessons from the top of the world
Binod Chaudhary’s story is rooted in Nepal, but its relevance extends to economies where political uncertainty, institutional gaps, and external dependencies shape business decisions …
UAE and Nepal enhance growing trade, investment opportunities
President of the Federal Democratic Republic of Nepal Ram Chandra Paudel received Dr Thani Bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, in the …
Nepal’s micro and small industry registrations plunge 75 percent in five years despite policy push
Kathmandu, July 8 — The number of micro, cottage and small enterprises (MCSEs) registered in Nepal has plunged by nearly 75 percent over the past five years despite a series of government policies …
Nepal PM meets ADB President in first one-on-one meeting with foreign dignitary
Kathmandu: Nepal’s Prime Minister Balendra Shah, who had avoided one-on-one meetings with foreign officials since taking office, held his first such meeting on Tuesday with visiting …
Nepal and ADB sign $165 million in financing agreements
The agreements, signed during ADB President Masato Kanda’s first official visit to Nepal, will finance urban water infrastructure and support customs modernisation.