Economy

Buddha Air begins flights to Bharatpur and Bhairahawa from Pokhara

Buddha Airlines

Pokhara / Sept. 15: Buddha Air has started its direct flights to Bharatpur and Bhairahawa from Pokhara from today. The private airline company’s first flight to Bharatpur took off at 10 this morning from Pokhara while another aircraft flew to Bhairahawa at 11:22 am, according to Buddha Air’s Station Manager, Gautam Baral. The aircraft would […]


6 MW electricity to be purchased from sugar mills

Electricity

Kathmandu / Sept. 11:The government has forwarded power purchase process for purchasing electricity generated from two sugar mills. The sugar mills generate power by utilising ‘bagasse’ (cane pulp). This way there would be optimum utilisation of industrial wastages. An agreement to this effect was signed between the government and representatives from Indu Shankar Sugar Mill […]


DPM Mahara calls on Chinese business community to invest in Nepal

Krishna-Bahadur-Mahara

Kathmandu / Sept. 10: Deputy Prime Minister and Minister for Foreign Affairs Krishna Bahadur Mahara has urged Chinese business community to invest in infrastructure sector in Nepal, as environment conducive to investment has been created in the country. “Nepal has focused on investment in infrastructure development and inter-country economic sector in order to increase connectivity […]


How long passengers have to wait to get bus tickets?

packed micro bus old bus park

Kathmandu / Sept. 7: Despite repeated round of talks between the stakeholders to open the passenger vehicles’ ticket sale for long and medium routes for upcoming Dashain festival, it did not materialize even on Thursday after the transport entrepreneurs refused to do so arguing poor condition of roads and lack of hoods on the vehicles. […]


FNCCI pledges to comply with election code of conduct

FNCCI

Kathmandu / Sept. 6: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has pledged to comply with the election code of conduct to make the elections free, fair and economical. At a program on the compliance of code of conduct from the private sector in upcoming elections, the FNCCI expressed its commitment to […]


Tourists start to bustle in Chitwan

Chitwan National Park

Chitwan / Aug. 25: Sauraha, a popular tourist destination, which had seen a sharp decline in the flow of tourists following the recent flood incidents, have started witnessing increase in the number of tourists. Of a total 110 hotels in the locality that came across the brunt of inundation the locality following August 13 flood, […]


Rain affects Upper Tamakoshi works, cost expected to rise

hydropower project

Charikot / Aug. 20: Monsoon rain coupled with other factors have affected the construction works of Upper Tamakoshi Hydropower Project. Repercussion of rainfall, ongoing upgradation of Lamo Shaghu-Jiri road section and the rise and fall of US Dollars among others have been reasoned to have affected the construction process, while also increasing the cost of […]


Nepal – China seal agreements on petroleum products survey, investment and promotion

Nepal China Deal

Kathmandu / Aug. 15: Nepal and China have sealed three important agreements with long term impact on Nepal’s socio-economic development. Following on the heels of a high-level dialogue among the top government officials from both the neighbours, agreements were held on three different topics – Economic and Technological Cooperation, China -Aid Oil and Gas Resources […]


Stronger partnership, deeper collaboration to combat BIMSTEC challenges: PM Deuba

BIMSTEC

Kathmandu / Aug. 10: Prime Minister Sher Bahadur Deuba has underscored the need for stronger partnership and deeper collaboration among the BIMSTEC member states in order to combat the challenges facing the BIMSTEC region. In his inaugural address to the 15th BIMSTEC Ministerial Meeting in the capital city Thursday evening, the Prime Minister said, “Poverty […]


Electricity from India to cost Rs 10 per unit; Additional electricity to be imported from India 

Electricity

Kathmandu / Aug. 09: Nepal Electricity Authority (NEA) has determined the new tariff for the electricity that is being imported from India. The meeting of the Nepal-India Electricity Exchange Committee held on Tuesday in New Delhi of India has fixed the tariff to be Rs 8.88 in minimum to Rs 10.32 in maximum per unit. […]




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