Kathmandu / Nov 12: The national flag carrier—Nepal Airlines- is to operate the international flight from Bhairahawa-based Gautam Buddha International Airport. The spokesperson of the Nepal Airlines Corporation, Archana Khadka, said preparation was underway to operate international flights from Gautam Buddha Airport by the end of this December. A team formed under the coordination of […]
Kathmandu / Nov. 9: The government has fixed the minimum support price of paddy. According to the Ministry of Agriculture and Livestock Development, the floor price of paddy was determined by the Cabinet meeting held on November 2. Prakash Kumar Sanjel, spokesperson of the Ministry, informed that the government has fixed the floor price of […]
Kathmandu / Oct 8 : The promotion of biogas in the country is not encouraging due to lack of friendly policies and working procedures. Though the private sector has its leading role in the promotion of biogas technology in the country, it faces hurdles to deliver expected results in absence of revisions in the grant […]
Kathmandu / Nov 4: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Province 1 chapter is set to start a protest stating that businesses had to be closed down due to the high interest charged by the banks and financial institutions (BFIs). A working committee meeting of the FNCCI of Province 1 held […]
Kathmandu / Nov 3: Migrant workers will now get at least 10 percent of the primary shares (IPOs) issued by the companies, according to the revised rules of the Securities Board of Nepal (SEBON). Enforcing the Amended Securities Issue and Allotment Guideline 2022 on Thursday, SEBON introduced the reservation scheme for the migrant workers. Only […]
Kathmandu / Oct 31: The World Bank (WB) has projected that Nepal’s economic growth rate will reach to 5.8 per cent in 2022. Unveiling a report ‘Nepal’s Development Update, October 2022’ on Monday, the WB estimated that Nepal’s Gross Domestic Product (GDP) would increase by 5.8 per cent. The WB projected that Nepal’s GDP would […]
Kathmandu / Oct. 21: The year-on-year (y-o-y) consumer price inflation remained at 8.64 percent in the second month of 2022/23 compared to 3.49 percent a year ago, Nepal Rastra Bank (NRB) said. According to the Current Macroeconomic and Financial Situation of Nepal (Based on Two Months’ Data Ending Mid-September, 2022/23) released by the central bank […]
Kathmandu / OCT 16: Nepal Rastra Bank (NRB) has asked the banks and financial institutions (BFIs) not to open the letter of credit (LC) for the import of restricted goods. Amending a unified directive on Sunday, NRB directed the BFIs not to open an LC for the import of banned products. The government on Friday […]
Kathmandu / Oct 15: Nepal’s realization of foreign direct investment (FDI) is only one-third of the total amount committed by the investors. According to the records with Nepal Rastra Bank (NRB), foreign investors pledged to invest Rs 357 billion, out of which the country received investment of only Rs 130 billion as of 2020/21. Since […]
Kathmandu / Oct 8: The World Bank (WB) has estimated Nepal’s economic growth rate to reach 5.1 percent in the fiscal year 2022/23, which is way higher than the projection of 4.7 percent made by the Asian Development Bank. Unveiling the report entitled ‘Latest Macroeconomic Update,’ the WB has estimated the higher economic growth rate […]
Newbaneshwor
Kathmandu, Nepal
4479401
Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa