Published On: November 22, 2023 07:30 AM NPT By: Republica
In a promising turn of events, Nepal has witnessed a substantial surge in Foreign Direct Investment (FDI) commitment, reaching an impressive Rs 22.08 billion during the first four months of the current Fiscal Year (FY). This figure nearly doubles the FDI commitment recorded in the corresponding period of the previous FY, signaling a positive trajectory for the nation's economic landscape. While this surge is undoubtedly a cause for celebration, it is crucial to acknowledge that there is still a long way to go in making Nepal truly conducive for FDI.
Published On: November 21, 2023 08:00 AM NPT By: Republica
In the wake of recent revelations from the Department of Customs (DoC), the alarm bells for our economy are ringing louder than ever. The government's ambitious revenue target of Rs 52.24 billion from foreign trade during mid-October and mid-November fell painfully short, with only Rs 27.56 billion making its way into the coffers.
Published On: November 20, 2023 08:00 AM NPT By: Republica
In the wake of the devastating earthquake that struck Jajarkot and Rukum East, the government's swift action in collecting a substantial relief fund of Rs 152.80 million is commendable. However, the urgency now lies not just in disbursing immediate relief to the victims but in ensuring that this substantial fund is utilized judiciously for the long-term benefit of those affected.
Published On: November 19, 2023 08:00 AM NPT By: Republica
As the 28th Conference of the Parties of the UN Framework Convention on Climate Change (COP28) approaches, Prime Minister Pushpa Kamal Dahal has asserted that it is high time for the nation to claim its rights rather than resort to supplication in the global fight against climate change.
Published On: November 18, 2023 07:50 AM NPT By: Republica
In a surprising turn of events, the government announced a ban on the popular social media platform, TikTok, on the eve of Tihar-- the second greatest festival of Hindus across the country. This decision taken by the cabinet on November 13 in the name of preserving social harmony has sparked deep concern and disappointment among citizens and various stakeholders, including this newspaper.
Published On: November 17, 2023 07:31 AM NPT By: Republica
In the midst of the vibrant festivities during Tihar, the Kathmandu Metropolitan City (KMC) undertook a commendable initiative to ensure the proper management of floral vendors. The move taken in collaboration with the Floriculture Association of Nepal (FAN) and the Nepal Chamber of Commerce (NCC) aimed to streamline the scattered business of flower vendors by designating specific sales points.
Published On: November 12, 2023 07:30 AM NPT By: Republica
Tihar, the festival of lights, has formally begun, and the vibrant celebrations have once again enveloped our communities in joy and festivity. This festival holds a special place in our hearts, with its warm ambiance, colorful decorations, and the beauty of lights.
Published On: November 11, 2023 07:45 AM NPT By: Republica
In the Nepali month of Ashoj (mid-September to mid-October) this year, the remittance inflow has set a new record, with a staggering Rs 136 billion received in remittances for that month alone. This marks the highest amount ever received in a single month.
Published On: November 10, 2023 07:33 AM NPT By: Republica
In the wake of the devastating earthquake that struck Jajarkot and Rukum West on November 3, it is disheartening to hear tales of discrimination and neglect among those affected. As the dust settles and the aftershocks continue to rattle the very foundation of these communities, the cry for relief grows louder, particularly from those residing in rented rooms who feel abandoned in their time of need.
Published On: November 9, 2023 07:30 AM NPT By: Republica
Kathmandu Metropolitan City (KMC) Mayor Balen Shah, popularly known as Balen, has taken a noble initiative to provide shelter to stray animals. This pioneering initiative aims to address the longstanding issue of stray cattle wandering on the streets, often neglected, starved, and exposed to risks of accidents.