Kathmandu: Amid the Covid-19 pandemic, foreign investors are excited to open new industries in Nepal. Although covid-19 cases are increasing significantly in the country, the processes of registering new industries with foreign investment seems to be normal at present.A total of 89 industries with foreign investment have been registered in the first three months of… Continue reading FDI increases even during pandemic
Category: Finance
Asian stocks dip as U.S. political concerns grow
SYDNEY/NEW YORK (Reuters) – Asian stocks slipped on Tuesday as investors adjusted risk exposure heading into the U.S. election and as a deadline for Washington to pass an economic stimulus bill approached while Europe reported record daily coronavirus infections.MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.11 percent lower after U.S. stocks ended the… Continue reading Asian stocks dip as U.S. political concerns grow
Social Security Administration announces 1.3 % benefit increase for 2021
New York: The Social Security Administration (SSA) has announced today, that Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase by 1.3 percent in 2021. According to SSA, the 1.3 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 64 million Social Security beneficiaries in January… Continue reading Social Security Administration announces 1.3 % benefit increase for 2021
NYS Economy added 75,300 Private Sector Jobs in September
New York: In September 2020, the number of private sectors’ jobs in New York State has increased over the month by 75,300 or 1.0 percent to7, 285,400, according to the preliminary figures released by the New York State Department of Labor on October 15. This represents the fifth straight month of job gains for the… Continue reading NYS Economy added 75,300 Private Sector Jobs in September
Nepal’s per capita income reached $1,115: IMF
Kathmandu: The average income of Nepali citizens has increased at a time when the global economy is in a recession due to the coronavirus epidemic and Nepal’s economic growth is also in a phase of deflation. According to the International Monetary Fund (IMF) per capita income of Nepalis has reached 1,115 US dollars. In the… Continue reading Nepal’s per capita income reached $1,115: IMF