September 23, 2023 19:41 pm
KATHMANDU, Sept 23: Nepal has not been able to benefit from trade with its northern neighbor China, which has the second largest economy in the world. Since China does not prioritize trade with Nepal, the trade deficit with China is deepening.
May 20, 2023 15:00 pm
KATHMANDU, May 20: The government has announced various programs to promote the use of indigenous products. Through policies and programs, the government is going to identify industries that can produce goods and services that can be self-sufficient and make policy arrangements for the development and stability of such industries.
February 9, 2020 10:51 am
BUTWAL, Feb 9: The first Special Economic Zone (SEZ) of the country in Bhairahawa has completed 18 years but it still lacks required infrastructure. It has been six years since the Bhairahawa SEZ started its operation but one-door service is yet to be implemented. It has also failed to attract domestic and international investors as expected.
February 3, 2020 11:13 am
BHAIRAHAWA, Feb 3: Local industrialists have suggested authorities concerned to remove minimum export threshold for attracting industrial units inside Special Economic Zone (SEZ) Bhairahawa.
February 1, 2020 12:58 pm
BUTWAL, Feb 1: Three years have already passed since the Special Economic Zone (SEZ) Bhairahawa has been involved in trying to complete the tender procedure for the electric sub-station. In 2016, during the second inauguration of the SEZ, former executive director Chandrika Prasad Bhatta had committed to complete the tender procedure within six months and construct the 33 KV sub-station in a year and half.
December 7, 2019 12:44 pm
BHAIRAHAWA, Dec 7: The government established Special Economic Zone (SEZ) in Bhairahawa two decades ago with hopes to attract investment, increase production, and boost exports. But the investors are yet to be impressed.
October 31, 2019 10:31 am
BUTWAL, Oct 31: Is industry first? Or services and facilities first? The Special Economic Zone (SEZ) in Bhairahawa -- the country’s first and only economic zone -- seems to be lost in this dilemma.
June 27, 2019 04:30 am
BUTWAL, June 27: The first Special Economic Zone (SEZ) of Nepal in Bhairahawa has not started a process to manage electricity for the production units even after a year of establishment of factories in the zone.
March 5, 2019 16:50 pm
KATHMANDU, Mar 5: Industry, Commerce, Labor and Consumers Welfare Committee under the House of Representatives, has agreed for representation of Labor organization in the Board of Directors of Special Economic Zone (SEZ) Authority.
February 5, 2019 09:20 am
KATHMANDU, Feb 5: Industrial enterprises established in Special Economic Zone (SEZ), Bhairahawa, are entitled to a tax rebate on import of equipment and machineries as per the SEZ Act, 2016. However, the Ministry of Finance is not providing the promised tax incentives to industrialists setting up their plants in SEZ.
January 25, 2019 07:49 am
KATHMANDU, Jan 25: Industrialists are upbeat with the government’s preparation to make an amendment to Special Economic Zone (SEZ) Act to encourage investors for putting their money to set up export-oriented industries in SEZs.
September 30, 2018 03:05 am
BUTWAL, Sept 30: Industries in the Special Economic Zone (SEZ), Bhairahawa, are facing trouble of operation due to legal and procedural ambiguities.