Kathmandu / Apr 8: The government is set to make a soft-launch of its ‘Visit Nepal Year 2020’ campaign from Pokhara, a famous tourist destination, on April 13 marking the eve of the Nepali New Year, 2076. In preparations for this bid, a meeting of the main organising committee under the chairpersonship of Prime Minister […]
Kathmandu / Apr 3: The Asian Development Bank (ADB) has estimated Nepal’s economy to grow at 6.2% in fiscal year (FY) 2019 and 6.3% in FY 2020. “The outlook is for a stable growth on the back of strong domestic demand, fueled by a larger budget allocation to subnational governments and accelerated post-earthquake reconstruction,” said […]
Kathmandu / Mar 27: The government said on Wednesday that it has made all preparations to host the Nepal Investment Summit in Kathmandu later this week. At a press conference at the Finance Ministry, Finance Minister Yubaraj Khatiwada said that all preparations have been completed to host the summit. Finance Minister Khatiwada hoped that the […]
Dolakha / Mar 23: Minister for Energy, Water Resources and Irrigation, Barshaman Pun observed the 456-Megawatt capacity Upper Tamakoshi Hydropower Project, a national pride project, today. Minister Pun, who has been putting in meaningful efforts for the completion of this project, had reached Dolakha, the district where the project is located, on Friday. The Minister […]
Kathmandu / Mar 20: Nepal Telecommunication Authority has decided to collect Rs 20 billion from Nepal Telecom (NTC), to renew its Mobile license for five years. The NTA board on Sunday reached the decision. “Earlier, Nepal Telecom had paid Rs. 180 million to renew its license. However, now, we’ve made it clear that the company […]
Kathmandu / Mar 18: Finance Minister Dr Yuba Raj Khatiwada has said that the social security program would be kept under a single umbrella. Addressing the 29th-anniversary program and foundation-laying ceremony of the new building of the Citizen Investment Trust (CIT) here today, he said the various government bodies and agencies operating the social security […]
Kathmandu / Mar 15: The Minister for Industry, Commerce and Supplies, Matrika Prasad Yadav hinted that he might be axed from his ministerial portfolio if Prime Minister KP Sharma Oli is to reshuffle his cabinet. While Yadav admitted of poor performance, he said he hadn’t taken wrong decisions either. “I have not misused my power […]
Kathmandu / Mar 15: As per the statistics revealed by Nepal Rastra Bank on Friday, the country has witnessed a surge in remittances by 28.9 per cent in seven months of the fiscal 2018/19 when compared to same period last year. The NRB in its macroeconomic and financial situation review informed that the country saw […]
Kathmandu / Mar 5: The midterm review of the current fiscal year budget has found country’s economic indicators satisfactory with the increase in agricultural products, expansion of industrial capacity, increase in tourist arrival and reform in power supply. The midterm review report presented by Finance Minister Dr Yubaraj Khatiwada on Tuesday mentioned that in the […]
Kathmandu / Mar 5:Nepal and Bangladesh today signed a Memorandum of Understanding (MoU) on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income. Revenue Secretary Lal Shanker Ghimire and Senior Secretary, International Resources Division, Ministry of Finance and Chairman of the National Board of Revenue of Bangladesh, […]
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Kathmandu, Nepal
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Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa