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In 2009, PEL became the sole distributor of LG Corporation's home appliances in Pakistan. In February 2018, the World Bank imposed a 33-month debarment on PEL, its affiliates PEL Marketing, Kohinoor Power Company, and its former general manager, Abdul Waheed Butt, for engaging in collusive practices during bidding on World Bank-financed ...
[1] [2] Kathmandu is the nation's capital and largest city. Nepal's gross domestic product (GDP) for 2024 was estimated at over $43 billion (adjusted to nominal GDP ). [ 3 ] In 2010, agriculture accounted for 36.1%, services comprised 48.5%, and industry 15.4% of Nepal's GDP. [ 4 ]
In 2008, LG became sponsors of the Extreme Sport 'FSO4 Freeze' festival. [102] The LG Electronics company in Australia dissolved its sponsorship with cricketer David Warner on 27 March 2018 and dropped him as the brand ambassador of the company over the ball tampering scandal during the third Test of their 2017–18 tempestuous series against ...
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Pakistan's total exports to Nepal are worth US$1.631 million, while Nepal's exports to Pakistan tally $3.166 million. [12] Both countries have recently stepped up efforts to promote bilateral trade, especially in textiles, oilseeds, extraction of oil and tourism; Pakistan also offered a US$5 million line of credit to Nepal.
This is a list of salaries of heads of state and government per year, showing heads of state and heads of government where different, mainly in parliamentary systems.Often a leader is both in presidential systems.
The economy of Nepal is a developing category and is largely dependent on agriculture and remittances. [6] Until the mid-20th century Nepal was an isolated pre-industrial society, which entered the modern era in 1951 without schools, hospitals, roads, telecommunications , electric power, industry, or civil service.
The inflation rate in Pakistan has averaged 7.99 percent from 1957 until 2015, reaching an all-time high of 37.81 percent in December 1973 and a record low of -10.32 percent in February 1959. Pakistan suffered its only economic decline in GDP between 1951 and 1952. [3]