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Lack of investment-friendly laws raises concerns as Investment Summit approaches

KATHMANDU, April 20: Despite the private sector’s recommendations to amend about two dozen laws to promote both foreign and domestic investment in the country, the government has yet to make any amendments. With only nine days remaining for the start of the Nepal Investment Summit-2024, where the government aims to attract foreign investment, the private sector is worried due to the absence of legal reforms. ....

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CAAN's decision stayed

​​​​​​​High Court Patan has stayed the Civil Aviation Authority of Nepal (CAAN) decision to issue a show cause notice to Simrik Air Pvt Ltd for allegedly getting Annapurna media cover news stories critical of CAAN. ....

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