All preparations have been completed for the investment conference to be held by the Koshi Province Government.
Iskander Lutsko, the Dubai-based head of research and portfolio management at Istar Capital, noted a visible thaw in relations between Moscow and Washington, which, in his view, also played a role in making the Russian currency more attractive to investors. "There are no clear drivers for the ruble’s weakening at this stage," Lutsko said, noting that the conditions supporting the ruble are likely to persist in the future.
Minister for Labour, Employment and Social Security, Sharat Singh Bhandari, has expressed concern over lack of skilled human resources in the country despite immense possibility of employment in the country.
Minister for Foreign Affairs Dr Arzu Rana Deuba said that the ministry is working through a separate division to promote economic diplomacy.
Prime Minister KP Sharma Oli has urged the businesspersons to invest confidently, while sharing that there is political stability in the country. The stable politics has paved way for economic development.
In the eight months of the current fiscal year, 2081/82, the year-on-year inflation has been recorded to be at 3.75 percent.
China-U.S. economic and trade relations are mutually beneficial and win-win in nature, and cooperation benefits both sides while confrontation harms both, said a white paper released by China's State Council Information Office on Wednesday. Maintaining the stable development of China-U.S. economic and trade relations is in the fundamental interest of both nations and peoples, which is also conducive to global economic development, according to the white paper titled "China's Position on Some Issues Concerning China-U.S. Economic and Trade Relations."
Businesspersons of Thailand have shown willingness for investment in different areas including tourism, hotel and construction raw materials in Nepal after Prime Minister KP Sharma Oli's call for the same.
Minister for Foreign Affairs Dr Arzu Rana Deuba has said that the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) should evolve into a vibrant, people-centric and development-oriented organisation.
The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and the Thai Chamber of Commerce and Board of Trade signed a memorandum of understanding on forging cooperation to promote trade between the two countries.
Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has said that the government’s focus is on presenting an implementable and realistic budget for the new fiscal year.
The government has appointed Choodamani Chapagain from Jhapa as the new Chief Executive Officer (CEO) of the Nepal Stock Exchange Ltd (Nepse).