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Impending Covid-19 second wave in Nepal shakes businesspersons confidence – OnlineKhabar English News

Royal Acharya April 15, 2021 Comments Shopkeepers wait for their customers at a shop in New Road, Kathmandu, as the lockdown continues, on Thursday, June 4, 2020. On Thursday last week, the government issued a notice requesting restauranteurs and other nighttime business operators to close their businesses after 9 pm as the number of active Covid-19 cases is on the rise again. Following the recent spike in Covid-19 cases in India, Prime Minister KP Sharma Oli, also on Thursday, urged the public to remain vigilant. He also warned of another round of lockdown. On Friday last week, the Ministry of Health and Population recommended the closure of crowded areas, such as schools, colleges and restricting the gathering of more than 25 people. 

South Korean ambassador vows additional investment in Nepal

RSS January 12, 2021 Kathmandu, January 12 The South Korean Ambassador to Nepal has announced to facilitate the investment in Nepal’s tourism, hydropower and infrastructure sectors. Interacting with the office-bearers of Confederation of Nepalese Industries (CNI) on Monday, Ambassador Park Chong-suk assured of additional investment from South Korean investors in Nepal and facilitation for such investment. On the occasion, the CNI President Satish Kumar More said that the CNI was ready to cooperate with the investors from South Korea stating that opportunities and returns for foreign investment in Nepal were lucrative. Stating that the friendly ties between Nepal and South Korea should be transformed into a robust economic partnership, President More urged the ambassador to support for bringing in Korean capital and technology.

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