Daniel Workman of the Emerging Frontiers recently interviewed Shikhar Bhattarai, Founder of The Udaya Group, on investment opportunities in Nepal. Please follow the link to Emerging Frontier's original page. http://www.emergingfrontiers.com/article/20293-the-himalayan-hope-nepal Click to listen to the interview.
The Government of Nepal (GoN) is preparing to provide housing facility for investors investing more than US 1 million for the tenor of project operation. Such facility will be borne by Government of Nepal. To encourage foreign investment in the country, Department of Industry (DOI) has decided to add such provision in the foreign investment policy. “We want to attract …
Source:- e-Kantipur KATHMANDU, NOV 29 - The Saarc Chamber of Commerce and Industry (Saarc CCI) on Friday described the signing of the Saarc energy pact as the commencement of a new era which would not only light up South Asia but also energize the whole region if it was implemented in both letter and spirit. The eight Saarc member countries …
Source: http://www.state.gov/p/sca/rls/rmks/2014/234448.htm Honorable Prime Minister Koirala, Excellencies, Distinguished Colleagues, it is a pleasure to be here today representing the United States of America at the 18th Summit of the South Asian Association for Regional Cooperation (SAARC) summit. Let me begin by congratulating the Government of Nepal and Secretary General Thapa for a tremendous job organizing this Summit and for extending …
Source: The Himalayan Times (November 22nd, 2014) KATHMANDU: As the board meeting of Investment Board Nepal (IBN) has approved the foreign direct investment (FDI) proposal of Reliance Group for an investment of $400 million in a cement plant and limestone mines, IBN has said that it will inform the investor at the earliest about the ‘go-ahead’ from Prime Minister-led board. …
Source: Kantipur Daily KATHMANDU, NOV 13 - Nepal Rastra Bank Governor Yuba Raj Khatiwada said on Wednesday that the country’s private sector could generate resources through public limited companies to invest in the infrastructure sector. Since the country’s private sector has been doing business by establishing mostly private limited companies, they have not been able to generate low-cost resources from …
The following news excerpt came out on November 12 in Kantipur under the headline “Have Cash will Dash”. I have further categorized this into different sectors within Tourism industry. NOV 12 - Nepal will be injecting more than Rs 150 billion into the development of tourism and airport infrastructure in the next five years reaffirming the belief that tourism will …
The next big thing in Nepali capital market and overall economy is hydropower. The new entrants in Nepal Stock Exchange (NEPSE) are mostly hydropower companies. There will be at least 16 hydropower companies within two years. Currently, there are 6 listed hydropower companies in NEPSE. With plenty of hydropower companies in the IPO pipeline, general investors may have trouble choosing …
