Search Results for “nepal investment” – South Asia Time

715 delegates and more than 300 companies from over 40 countries Participated in Nepal Investment Summit

Kathmandu  :  Nepal investment summit held on Friday and Saturday in Nepal’s capital Kathmandu has been summoned with 15 Nepali and foreign companies signing an investment deals and Memorandum of Understandings. The country with huge potential and market expended to India and China has received 17 applications for other 10 projects showcased during the two-day event, […]

Amazon and Microsoft are also to participate in Nepal Investment Summit

RSS , Kathmandu : Nepal is hosting the Nepal Investment Summit, 2019 on March 29-30 and it is determined to prove the country is an appropriate place for investment. Speaking at a press meet on the eve of the Summit Wednesday at the Ministry of Finance, Finance Minister Dr Yuba Raj Khatiwada expressed his hope […]

China to be the top participant in Nepal investment summit going to held on March 29-30 in Kathmandu

KATHMANDU:  China will be the largest represented country in the Nepal Investment Summit to be held in Kathmandu on March 29-30 with more than one-third of total participants coming from China, the Investment Board Nepal (IBN) said. According to the IBN, which is coordinating the event, a total of 620 investors from 38 countries have […]

Nepal investment summit 2019: opportunity for foreign investors

Kathmandu : Government of Nepal is going to organise  “Nepal Investment Summit- 2019” on coming 29th and 30th March . According to the Finance minister Mr. Yubaraj Khatiwada, the aim of the event is to focus on transforming the political and policy stability into trust among the domestic and international business fraternity. This two-day conference […]

Major Boost for Nepal’s Economy as Global Tycoons Pledge Billions in Investments

Kathmandu — In a groundbreaking development, Elon Musk, the CEO of Tesla and SpaceX, has proposed a staggering investment of nearly 6 billion in Nepal’s internet sector through his company’s Starlink project. Starlink aims to revolutionize internet connectivity globally through satellite technology. Meanwhile, Indian billionaire Gautam Adani has expressed his keen interest in investing in […]

Nepal and UK Commemorate 100 Years of Friendship Treaty with Pledge for Investment and Collaboration

London – Marking the centenary of the Treaty of Friendship between Nepal and the United Kingdom, the Ambassador hosted a prestigious high-level conference at the City of London Mansion House. Distinguished guests gathered to celebrate this historic milestone and discuss a range of collaborative ventures. Nepal’s Finance Minister, Prakashsharan Mahat, underscored the pressing need for […]

Nepal’s Finance Minister Urges British Investment in Renewable Energy Sector During London Meeting

London, United Kingdom – In a significant diplomatic move, Nepal’s Finance Minister, Dr. Prakash Sharan Mahat, held a crucial meeting with the British Treasury Lords Minister, Baroness Penn, at the Treasury Office in London on Monday. During this meeting, Finance Minister Mahat emphasized the need for British investment in Nepal’s renewable energy sector, underlining the […]

Nepal and Bangladesh to Finalize Investment Modality for Sunkoshi-3 Hydropower Project in Bilateral Energy Talks

KATHMANDU – Nepal and Bangladesh are set to commence bilateral energy talks on May 15, aiming to finalize the investment modality for the Sunkoshi-3 Hydropower Project. The two-day meeting, taking place in Bangladesh, will focus on accelerating the development of the hydropower project and enhancing cross-border energy trade. Madhu Prasad Bhetuwal, spokesperson for Nepal’s Ministry […]

BNCC organises an interaction to discuss about investment climate in Nepal  

London — The Britain Nepal Chamber of Commerce (BNCC)  organised an interaction with a leading investor and expert on Nepal’s hydropower, Er. Gyanendra Lal Pradhan, on Thursday. Speaking at the interaction, Er. Pradhan highlighted many opportunities available for investors in Nepal. “A reliable partner and a viable project specially in hydropower could be a sustainable […]

Conference on Investment in Emerging Nepal organised at Nepal Embassy London

London — The Embassy of Nepal, in cooperation with the UK-Nepal Trade and Investment Forum and the Britain-Nepal Chamber of Commerce, organized a conference on Investment in Emerging Nepal” at the Embassy on Thursday. Addressing the conference, The ambassador of Nepal to the U.K. Gyan Chandra Acharya, urged the British investors and businessmen to explore the opportunities […]

Committed Chinese investments in Nepal surge amid pandemic

KATHMANDU — Chinese investors had pledged more direct investments into Nepal during the first half of the current fiscal year than the entire previous fiscal year, according to Nepali government figures. Chinese investors committed 23.37 billion Nepali rupees (195.74 million U.S. dollars) in foreign direct investment in Nepal during the first six months of the […]

Britain and Nepal can do a lot together to promote trade and investment: MP Hunt

J. Karki, London — British MP Jane Hunt has said that the 206-year-long friendship between Britain and Nepal has built a special relationship and the Nepali community living in the United Kingdom is contributing well to the British economy. She also appreciated the special contribution of Gurkhas and other professionals in Britain. Addressing an annual […]

Nepal relaxes rules on entry of foreign investment, exit of dividends by foreign investors

Kathmandu  — The central bank of Nepal has eased the provisions related to the entry of foreign direct investment (FDI) and exit of dividends earned by foreign investors in Nepal in a bid to attract more FDI to the country. By issuing a set of bylaws on foreign investment and foreign loans management, Nepal Rastra […]

The UK-Nepal Trade and Investment Forum formed

London – A meeting of entrepreneurs and leading British business persons has formed the United Kingdom-Nepal Trade and Investment Forum (UKNTIF). The meeting presided over by Vice-Chair of the All Party Parliamentary Group for Nepal, Lord Sheikh, decided to constitute the Forum, Nepali embassy in London said. Vice-chairpersons of the Forum are Lord Karan Bilimoria, […]

Asian Infrastructure Investment Bank to grant $112.3m to Nepal

Kathmandu— The Asian Infrastructure Investment Bank (AIIB) has agreed to provide a sovereign-backed loan of $112.3m to Nepal to increase electricity access in the country. The loan will be used by the country to finance its Distribution System Upgrade and Expansion project. It is expected to increase electricity access and improve the quality of the […]

Meeting of Nepal-China working group on investment cooperation held in Kathmandu

Xinhua, Kathmandu — The first meeting of the working group on investment cooperation between Nepal and China was held in Kathmandu on Friday as officials of two sides discussed issues to facilitate Chinese investment in the Himalayan country, a senior official of Nepal’s Finance Ministry said. “During the meeting, we discussed on measures taken by […]