As Nepal Investment Summit is taking place in Kathmandu after a five-year gap on 28-29 April, the CEO of Investment Board Nepal Sushil Bhatta deserves special compliments for unleashing Nepal’s investment drawing potential at a crucial juncture when Nepal desperately needed its political economy in the right order.

The Nepal Investment Summit 2024 is beginning today. I am confident that the two-day summit will play an important role in the economic and social transformation of Nepal. I have often been asked about the secret of Korea's economic development during discussions with politicians and other stakeholders in Nepal.

Nepal's telecommunications sector has undergone significant transformation since the 1990s when people had to stand in enduring long queues for STD and ISD calls and pay exorbitant fees for every second of talk time. It was only two decades ago, in 2004, when Nepal opened its telecommunications market to the private sector, attracting foreign investors such as United Telecom Limited (UTL), Ncell (previously Spice Nepal), and Smart Telecom.

With over 100 ethnic groups practicing over 10 different religions living in complete harmony speaks highly of Nepal’s cultural heritage. This is Nepal’s strength, and this is where investment is needed for sustainable growth to preserve and thrive. We can make Nepal a haven for sustainable tourism and further grow this industry that is already a mainstay of the country’s economy.

The North Atlantic Treaty Organization, or NATO, celebrated its 75th anniversary on April 4, 2024, reaffirming its commitment to stand by Ukraine and weighing a plan to provide more predictable and longer military support.

In an era marked by changing world order, climate change, a weak global economy, escalating conflicts, and profound human suffering, geographical people connect, and digital diplomacy emerges as a beacon of hope, offering new pathways for dialogue and understanding of local and global issues between people and government, thus providing organic geo-economics activity.

“Life and health can never be exchanged for other benefits within the society.” With this vision, the Swedish Parliament in 1997 adopted Vision Zero, a road traffic safety project that aims to minimize serious injuries and fatalities surrounding road traffic accidents. Vision Zero revisioned the concept of road users as the ultimate responsibility bearers but rather the responsibility is shared by transportation system designers and road users.

Nepal's seismic vulnerability is highlighted by its history of frequent and devastating earthquakes. Over the past 52 years, from 1970 to 2022, the region experienced 843 earthquakes with magnitudes ranging from 3 to 5 on the Richter scale, 121 earthquakes between 5 and 6, 11 earthquakes between 6 and 7, and two significant tremors between 7 and 8.

The suspension of Nepali Congress (NC) MP Tek Prasad Gurung, who was found guilty on corruption charges, has confirmed that justice can be served at the discretion of the judge of the country. In any case, the judges decide on the basis of facts, evidence, law, precedent, principles and international practice - which we call justice.

Cotiviti Nepal is accused of leaking Rs 10.36 billion (about $84 million) in money, according to a complaint lodged by the Department of Revenue Investigation (DRI) against the organization. This covers suspected avoidance of value-added tax (VAT) and income tax.