Nepal Purbadhar

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‘Production-based industries affected by increased interest rate’

‘Production-based industries affected by increased interest rate’

 Kathmandu, Sept 22 (RSS): Minister for Finance Janardan Sharma has said there are bottlenecks to establish manufacturing industries in the country due to the culture of depositing money in the bank and financial institutions (BFIs)

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Nepal’s economy to grow by 4.7 pc in 2023, inflation to decline to 6.1 pc : ADB

Nepal’s economy to grow by 4.7 pc in 2023, inflation to decline to 6.1 pc : ADB

 KATHMANDU: The Asian Development Bank has estimated that Nepal’s economy will grow modestly by 4.7 percent in fiscal year 2023, down from an estimated growth of 5.8 percent in FY2022. Releasing an update of the Asian

Interview
‘Human capital development must be top priority for countries like Nepal’

‘Human capital development must be top priority for countries like Nepal’

Rajat M.Nag is a member of the Board of Directors at Partnership for Transparency, India. Nag was the Managing Director General of the Asian Development Bank (ADB) in Manila from 2006 to 2013 and has

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Nepal and Japan sign two agreements for improving irrigation and urban electricity distribution

Nepal and Japan sign two agreements for improving irrigation and urban electricity distribution

KATHMANDU: The Government of Nepal and the Government of Japan signed two separate agreements for utilizing grant assistance of around Rs 2 billion for the implementation of the Improvement of the Rehabilitation of Irrigation System

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India, World Bank looking to spur lending for electric vehicles

India, World Bank looking to spur lending for electric vehicles

India’s government and the World Bank are in talks to introduce a risk-sharing mechanism to compensate banks giving loans for electric vehicle purchases, an official said, as the country seeks to decarbonize the transport sector.

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PM Deuba calls for investment in Nepal’s tourism, hydropower sectors

PM Deuba calls for investment in Nepal’s tourism, hydropower sectors

KATHMANDU: Prime Minister Sher Bahadur Deuba has urged the Indonesian Ambassador to Nepal to facilitate in order to bring in investment in Indonesia in hydropower, tourism, and other potential sectors of Nepal. Prime Minister Deuba

Interview
‘Green infrastructure should be recombined with digital infrastructure’

‘Green infrastructure should be recombined with digital infrastructure’

Tae Yong Jung is a Professor of Sustainable Development, at the Graduate School of International Studies at Yonsei University. Tae has been closely studying the issues of digital transformation and green financing. He opines that

Interview
“National rules must be favorable to attract private investment in green infrastructure”

“National rules must be favorable to attract private investment in green infrastructure”

Robert Dobias is an advisor of the Climate Change Center, National Research Council of Thailand. Dobias is also associated with Asia-Pacific Network for Global Change Research. He has been involved in various climate change policy

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Nepal’s GDP could shrink by at least 7 percent by 2050 due to unchecked climate impacts: World Bank 

Nepal’s GDP could shrink by at least 7 percent by 2050 due to unchecked climate impacts: World Bank 

KATHMANDU: The World Bank Group’s  ‘Country Climate and Development Report for Nepal’ has warned that Nepal’s GDP could be at least 7 percent smaller by 2050 if climate impacts are left unchecked. The report also underscored the urgency

Infra Special
More investment in infrastructure stressed

More investment in infrastructure stressed

KATHMANDU: The speakers at the fifth session of the Nepal Infrastructure Conference 2022 highlighted the necessity of planned and strategic development of infrastructure in the country.   They expressed views at a session entitled 'Government