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Tag: Nepal

Posted on May 23, 2023

Closure of Nepal-China border crossing leaves small businessmen in trouble: Reports

Beijing: All border crossings between China and Nepal for the past eight years is causing troubles for small businessmen and traders who operate close to the border area.
Posted on May 22, 2023

‘Nepal’s Private Sector Booms with Over 30-fold Growth in 30 Years, Contributing Over 80% to GDP and Employment’

Kathmandu, Nepal – Nepal’s private sector contributes significantly to the country’s GDP, with the service and agriculture sectors playing a dominant role, according to a new report by the Federation …
Posted on May 21, 2023

Closure of Nepal-China border crossings affected businessmen: Report

For the past eight years all border crossings between Nepal and China have remained largely closed This undeclared blockade by Beijing has left importers an …
Posted on May 20, 2023

Upcoming visit to India will script ‘new history’: Nepal PM Prachanda

Prime Minister Pushpa Kamal Dahal Prachanda on Saturday said that Nepal has made “good preparations” for his upcoming visit to India this time and it will script “new history” in bilateral ties.
Posted on May 19, 2023

“Economy is getting back on track,” claims Nepal govt

The Government of Nepal claimed the economy is getting back on track as it unveiled the annual policies and programs for the upcoming fiscal year 208081 Nepal …
Posted on May 19, 2023

Private sector contributes 81.55 percent to Nepal’s GDP, has invested Rs 3.191 trillion as of now

Nepal’s private sector has been contributing around 81.55 percent to the Nepali economy, shows a study report unveiled jointly by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) …
Posted on May 19, 2023

Concerns over Belt and Road Initiative’s lack of momentum in Nepal: Report

There are concerns regarding the Belt and Road Initiative (BRI)’s lack of momentum in Nepal even six years after the signing of a memorandum, The Post reported. China had nothing to show for a real …
Posted on May 17, 2023

Why travellers still flock to Sir Edmund Hillary’s Nepal Happy House

The renowned mountaineer rented this former sherpas’ hostel for decades. Now a refurbished hotel, you too can hire it all for $8835 a night.

( read original story …)



Posted on May 17, 2023

IFC invests $55 million in Nepal’s financial sector

International Finance Corporation (IFC) has announced an investment of $55 million in Siddhartha Bank Ltd (SBL) to support the bank in increasing access to finance for small businesses, while also …
Posted on May 16, 2023

IFC invests $55 million in Siddhartha Bank to support SMEs growth in Nepal

The private sector lending arm of the World Bank Group has been supporting the growth of Nepal’s financial sector for the past two decades.

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