KATHMANDU, Feb 2: Representatives of international chain hotels operating in Nepal have demanded immediate amendments to the Foreign Investment and Technology Transfer Act (FITA).
The recent move by the government to streamline the process for attracting Foreign Direct Investment (FDI) is undoubtedly a commendable step towards fostering economic growth and development in the country.
KATHMANDU, Oct 5: The government has simplified the procedures for registration of foreign direct investment (FDI) of up to Rs 500 million, allowing the investors concerned to use automated routes for the process.