Economy

Nepal Telecom to propose reconstruction of Dharahara

Nepal Telecome

Kathmandu / Feb 15 : Nepal Telecom (NT) has proposed the reconstruction of quake-damaged Dharahara, the iconic tallest historical monument, in Kathmandu. Joint-Secretary of NT, Roman Adhikari said the state-owned telecommunication service provider is making preparations to take its reconstruction proposal to the Department of Archeology (DoA) according to which NT will invest Rs 4 […]


Syangja to be developed orange zone

Oranges

Syangja / Feb 12: Good news for orange growers! Syangja will be developed as orange zone. The move is as part of the implementation of the 10 years Prime Minister Agriculture Modernisation Project envisioned in the fiscal budget 2016-17 to improve agricultural productivity in the country. As part of the project, there will be work […]


Kathmandu – Kuala Lumpur direct flight takes off

Himalayan Airways

Kathmandu / Feb 10: Private airline company, the Himalaya Airlines, today launched direct flights between Kathmandu and Kuala Lumpur. Minister for Culture, Tourism and Civil Aviation (MOCTA), Jeevan Bahadur Shahi, inaugurated the airline’s maiden flight to the Malaysian capital amidst a special ceremony held at the Tribhuvan International Airport (TIA) this morning. Himalaya Airlines, a […]


Trade deficit increases by 71 per cent

government logo

Kathmandu, Feb. 9: The trade deficit has gone up by 71.3 per cent in the first six month of the current fiscal year, thanks to heavy increase in goods import despite normal rise in the exports in the country. According to a statistics released by the Trade and Exports Promotion Centre in the capital today, […]


NAC to add Wide Body Airbus every year

NAC

Kathmandu / Feb 6: The Nepal Airlines Corporation (NAC) has unveiled its ambitious plan to add at least an airbus every year. At a press conference organized here on Monday to address queries raised in connection with the procurement of Airbus Wide Body A 330-200, General Manager Sugat Ratna Kansakar said that the NAC has […]


No liquidity crunch in market: NRB

Nepal Rastra Bank

Kathmandu / Feb 1: Nepal Rastra Bank (NRB) has clarified that there is no liquidity crunch in the finance market. Addressing a programme organised in the Capital today by Nepal Bankers’ Association, Deputy Governor Chinta Mani Siwakoti said there is still Rs 30 billion that could be invested in the market. “It does not mean […]


Govt wants hydel projects to complete before their deadline

hydropower project

Kathmandu / Jan 24: The government has asked the stakeholders to complete all the under-construction hydropower projects before their deadline in order to increase internal production and end load-shedding across Nepal. In its 37-point action plan, the Ministry of Energy has further said it aims at producing an additional 200 MW electricity within this fiscal […]


NAC to bring two aircraft from China by Saturday

NAC

Kathmandu / Jan 24: The two aircraft the national flag carrier, Nepal Airlines Corporation, received in loan assistance from China are to be brought here by coming Saturday. The Chinese side has already expressed commitments in writing with the NAC regarding the supply of spare parts and other technical issues, according to NAC General Manager […]


CIT also starts mobile apps service

Citizen Investment Trust (CIT)

Kathmandu / Jan 14: Citizen Investment Trust (CIT) has come up with a mobile application service to inform its clients about their savings amount and details. Revenue Secretary at Ministry of Finance, Rajan Khanal, inaugurated the service that began today from Pokhara, according to CIT. Through the mobile app, the clients can access information on […]


729,550 tourists visit Nepal in 2016

tourists-visiting-Nepal

Kiran Bhattarai / Kathmandu, Jan 11: A total of 729,550 foreign tourists visited Nepal in 2016. The number of foreign tourists visiting Nepal in 2016 increased by 24 per cent as compared to 2015, according to the Department of Immigration. Out of 729,550 tourists, 23,452 Chinese tourists who visited Nepal through Rasuwa check point and […]




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