Economy

‘Made in Pakistan’ expo kicks off in capital

Kathmandu / Oct 3: The ninth edition of ‘Made in Pakistan’ expo has kicked off in the capital from Wednesday. The weeklong expo was inaugurated by Himalaya Shamsher Rana, President of Nepal-Pakistan Friendship Association. The single country Made in Pakistan Expo is organized by the Rawalpindi Chamber of Commerce and Industry in collaboration with a […]


ADB provides $130 million to boost access to urban water and sanitation in Nepal

Kathmandu / Sept 27: The Board of Directors of the Asian Development Bank (ADB) has approved a loan of $130 million to improve access to community-managed water supply and sanitation in 20 urban municipalities of Nepal. “Unmanaged rapid urban growth and lack of improved water supply and sanitation have led to environmental degradation, public health […]


Nepal’s economy to grow at a healthy, but slower rate in FY2019: ADB

Kathmandu / Sept 26: Nepal’s economy is anticipated to grow by 5.5% (at basic prices) in fiscal year (FY) 2019, down from 5.9% a year earlier says the latest Asian Development Bank (ADB) Nepal Macroeconomic Update. “The growth forecast represents a continued trend reversal but is substantially higher than the average rate of 4.3% in […]


Indian cine artist Jaya appointed Nepal’s tourism goodwill ambassador

Kathmandu / Sept 22: Former Member of Parliament of India and cine artist Jaya Prada has been appointed the goodwill ambassador for the promotion of Nepal’s tourism. A ministerial-level meeting of the Ministry of Culture, Tourism and Civil Aviation on Friday appointed the 60–year-old Indian actress as the tourism goodwill ambassador for four years, Ministry […]


Foundation stone laid for Rastra Bank’s building

Kathmandu / Sept 21: Reconstruction of a Nepal Rastra Bank’s building damaged in the earthquake of April 2015 has started as its foundation stone has been laid today. The building would be reconstructed in its original design, and covers over 42 ropanis of land in the Thapathali premises of the Bank, said a Bank official. […]


World Bank okays $100m grant for energy sector

Kathmandu / Sept 20: The World Bank has approved $100 million under the Nepal Energy Sector Development Policy Credit programme, which aims to implement key policies and regulatory and institutional measures. This is the first loan that the multilateral lending organisation has approved in the country’s energy sector. The fund will be utilised to improve […]


Korean Company selected for DPR for Fast-Track

Kathmandu / Sept 19: A South Korean Consultancy Company has been selected to prepare the Detailed Project Report (DPR) of the Kathmandu-Terai Madhesh Fast-Track project, a mega project of national pride and strategic importance. The Nepal Army (NA) had earlier assigned an Indian company named IL and FS but it did not agree with the […]


Rs 120 b revenue collected in first two months: FinMin Khatiwada

Kathmandu / Sept 18: Finance Minister Yuba Raj Khatiwada has ruled out the full-fledged budget until the half-yearly review is done on the current fiscal budget. Finance Minister Khatiwada said so in a response to Nepal Communist Party Chairman Pushpa Kamal Dahal’s statement regarding the inclusion of social security allowances at a press conference organized […]


EPF invests its Rs 287 billion in different sectors

Kathmandu / Sept 16: The Employees’ Provident Fund has invested Rs 287 billion or 98.34 percent of the total fund in different sectors. Out of total investment, 58 percent has been disbursed as loan to its contributors, 16 percent as project loan, 19 percent is in fixed deposit of commercial banks and the remaining seven […]


Dhunche-Syaphrubesi road section opens

Rasuwa / Sept 13: The Dhunche-Syaphrubesi (Nepal-China) road section that was obstructed due to landslide has opened for traffic today. According to the Road Division Office engineer Saroj Kadariya, the road section had remained obstructed since September 10 after a landslide at Khopangbhisr along the road section. The road section was halted frequently due to […]




TOP NEWSview all

Japan Hands Over the Sanitary Napkin-Making Machine in Parsa

Mayor Shah directs employees to reduce visits, seminars

Veteran singer, musician Bhakta Raj Acharya passes away

Trade deficit of Rs 811 billion in first seven months

WHO congratulates Nepal for legislation to restrict trans-fatty acids in food




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