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Bureau of Standards Board members appointed

The Minister of Trade and Commerce, Bob Loughman, has appointed six members for the Board of the Bureau of Standards, a statutory body under the ministry.

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Dragon's embrace: China's expanding footprint in Nepal triggers local displeasure

Dragon's embrace: China's expanding footprint in Nepal triggers local displeasure
firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.

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Seize the current momentum of FDI pledges

In a welcome development, Nepal is poised to see significant growth in the inflow of Foreign Direct Investment (FDI). Foreign companies have pledged investment of Rs 22.33 billion in the first half of the current fiscal year. According to the Department of Industry (DoI), a total of 226 foreign firms have expressed their commitment to inject the amount in Nepal.

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Seize the momentum of surging foreign investments in Nepal

In a welcome turn of events, Nepal is experiencing a resurgence in foreign investment commitments, signaling a promising economic shift after a period of decline attributed to the global financial crisis.

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Foreign investment commitment to Nepal surges with a 42% increase in one month

KATHMANDU, Dec 17: Foreign investment commitment to Nepal has begun to rise after a period of decline, which was attributed to the global financial crisis. In the past month alone, foreign investment in Nepal's industries has surged by 41.83 percent, signaling a positive turnaround.

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Foreign investors repatriate Rs 11 billion in dividends and royalties from Nepal

KATHMANDU, Dec 17: In the first five months of the current fiscal year (mid-July to mid-December), foreign investors have repatriated approximately Rs 11 billion in dividends and royalties from Nepal. According to data released by the Department of Industry (DoI) on Sunday, foreign investors withdrew Rs 10.91 billion in dividends and approximately Rs 1.5 billion in royalties from Nepal until mid-December.

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Take holistic measures to boost FDI in Nepal

In a promising turn of events, Nepal has witnessed a substantial surge in Foreign Direct Investment (FDI) commitment, reaching an impressive Rs 22.08 billion during the first four months of the current Fiscal Year (FY). This figure nearly doubles the FDI commitment recorded in the corresponding period of the previous FY, signaling a positive trajectory for the nation's economic landscape. While this surge is undoubtedly a cause for celebration, it is crucial to acknowledge that there is still a long way to go in making Nepal truly conducive for FDI.

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