Nepal Purbadhar

शनिबार, मंसिर ८, २०८१
Saturday, November 23, 2024

शनिबार, मंसिर ८, २०८१
Saturday, November 23, 2024

Economy

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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

Breaking News
USD 19 bn investment needed for net zero target  

USD 19 bn investment needed for net zero target  

KATHMANDU: Prime Minister Sher Bahadur Deuba has said that an investment of USD19 billion is required to meet the goal of reducing carbon emissions to zero. Deuba made the remark while addressing the 'Sustainable Infrastructure

Breaking News
FM urges developed countries to support hydrogen production

FM urges developed countries to support hydrogen production

KATHMANDU: Finance Minister Janardhan Sharma urged developed countries to support the production of ammonia and hydrogen production. Sharma was speaking at the second Green Climate Fund Global Programming Conference of ministers from the Asia Pacific

Banking
FM urges Nepali expats in Korea to bring in FDI to Nepal  

FM urges Nepali expats in Korea to bring in FDI to Nepal  

KATHMANDU: Global IME Bank and Global Money Express organised an interaction with Korean officials and Nepali business people and urged them to shore up investment in Nepal.   Speaking on the occasion, Finance Minister Janardan Sharma

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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

Economy
MoICS, FNCCI to launch campaign for PPP promotion

MoICS, FNCCI to launch campaign for PPP promotion

KATHMANDU: Setting a great milestone in the implementation of the Public-Private Partnership (PPP), the Ministry of Industry, Commerce, and Supply (MoICS) and the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) signed a Memorandum

Economy
US to build the world’s largest green hydrogen storage

US to build the world’s largest green hydrogen storage

KATHMANDU: The US is developing the world's largest green hydrogen storage in the State of Utah. Aces Delta, Mitsubishi Power Americas, and Magnum Development are going to build an underground hydrogen storage facility with a

Banking
Prabhu-Century Bank merger 

Prabhu-Century Bank merger 

KATHMANDU: Century Commercial Bank and Prabhu Bank reached a merger agreement on Sunday.  The merger deal of the two leading commercial banks was signed at the meeting of a joint merger committee representing both banks.

Economy
The Federation’s statement will affect the construction of Advance planning

The Federation’s statement will affect the construction of Advance planning

KATHMANDU:  The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) said the recently announced monetary policy by Nepal Rastra Bank would create more pressure on the liquidity situation in the financial market. Issuing a press

Banking
 Implementation of monetary policy challenging: CBFIN

 Implementation of monetary policy challenging: CBFIN

KATHMANDU: The Confederation of Banks and Financial Institutions Nepal(CBFIN) has concluded that it is challenging to implement the recently unveil monetary policy (2022/23) and achieve its goals. “It will be challenging to maintain economic stability, keep