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KATHMANDU, May 21: The Charter of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) has come into force from Monday. Nepal, one of the seven member states, has implemented the BIMSTEC Charter after three decades of the establishment of this sub-regional body, following approval by the House of Representatives on April 2 as part of the internal process.
KATHMANDU, May 17: The government has withdrawn the bill to amend the Political Parties Act. A letter regarding the withdrawal of the bill has reached the parliament secretariat.
The curtains have been drawn on the two-day Nepal Investment Summit 2024, marking the conclusion of a significant event in the country's endeavor to bring in Foreign Direct Investment (FDI) for its prosperity. According to Sushil Bhatt, CEO of Investment Board Nepal, the summit garnered overwhelming interest from global business entrepreneurs and investors, with over 2500 attendees, including more than 800 international guests. Under the theme "Emerging Nepal," the summit successfully showcased Nepal as an attractive investment destination, highlighting priority projects in sectors such as Energy, ICT, Tourism, and Infrastructure.
KATHMANDU, April 28: Nepali Congress (NC) President and former Prime Minister Sher Bahadur Deuba has said Nepal’s investment regime is now liberal and open for foreign investment, tax policies and repatriation of earnings.