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NEPSE lost 53.16 points, while investors lost Rs 85 billion from shares trading last week

Published On: April 20, 2024 07:15 PM NPT By: Republica

KATHMANDU, April 20: Nepal Stock Exchange (NEPSE) lost 53.16 points last week after the country’s secondary market failed to boost investor’ confidence even with the beginning of the Nepali New Year 2081.

286 new industries registered in Nepal in first nine months of current FY, attracting Rs 165 billion investment

Published On: April 20, 2024 01:26 PM NPT By: Republica

KATHMANDU, April 20: During the first nine months of the current Fiscal Year 2023/24, a total of 286 new industries have been registered, according to the Department of Industry.

352 climbers obtain permits to ascend Mount Everest this season

Published On: April 20, 2024 12:20 PM NPT By: Republica

KATHMANDU, April 20: A total of 352 climbers have obtained permission to climb Mount Everest this year.

WB to take financial management lead for proposed Upper Arun Project

Published On: April 20, 2024 11:15 AM NPT By: Republica

KATHMANDU, April 20: An agreement in principle has been reached for the financial management of the proposed 1063-megawatt Upper Arun Semi-Reservoir Hydropower project in Sankhuwasabha district.

Godepani welcomes over 31,000 foreign tourists in a year

Published On: April 20, 2024 10:25 AM NPT By: RSS

MYAGDI, April 20: More than 31,000 foreign tourists visited Ghodepani-Poon Hill area of Annapurna rural municipality-6 in Myagdi district in 2080 BS.

Private sector leads hydropower generation over government

Published On: April 20, 2024 10:15 AM NPT By: Hari Prasad Sharma

KATHMANDU, April 20: The private sector is ahead of the government in terms of the construction and production of hydropower projects. According to the electricity production details of Nepal Electricity Authority (NEA) as of mid-March, the private sector leads in electricity production compared to the government.

Lack of investment-friendly laws raises concerns as Investment Summit approaches

Published On: April 20, 2024 08:35 AM NPT By: Dilip Paudel

KATHMANDU, April 20: Despite the private sector’s recommendations to amend about two dozen laws to promote both foreign and domestic investment in the country, the government has yet to make any amendments. With only nine days remaining for the start of the Nepal Investment Summit-2024, where the government aims to attract foreign investment, the private sector is worried due to the absence of legal reforms.

Over 400,000 tourists visited Mustang by road last year

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