Economy

Revenue worth Rs. 2.6 million collected

Nuwakot, July 28: The District Administration Office has collected revenue worth Rs. 2.69 million in the previous fiscal year 2074/75. According to the details made public on Friday, the highest revenue collection was from making of passports in the district. A total of 4,968 locals acquired their passports and thereby paying Rs. 2.6 million in […]


Direct bus service from Bhaktapur-Pokhara started

Bhaktapur, July 27: Direct bus service from Bhaktapur to Pokhara has been operated from today. Mayor of Suryabinayak municipality, Basudev Thapa, inaugurated the bus service and welcomed the passengers including two foreign nationals travelling to Pokhara. On the occasion, Mayor Thapa said that the Municipality is going to develop Suryabinayak area of Bhaktapur as a […]


Another NAC’s wide body airbus lands at TIA

Kathmandu, July 26: An another wide body Airbus A330-200 of Nepal Airlines Corporation (NAC) has landed at the Tribhuvan International Airport (TIA) on Thursday morning. The airbus landed at 9 am. The airbus, which has been given call sign 9N-ALZ, was brought to Kathmandu straight from France following nine hours’ flight. The corporation had brought […]


Discussion to increase EPS quota held

Kathmandu / July 23: Nepal and the Republic of Korea held a discussion on matters pertaining to the welfare of Nepali workers and increasing quota under the Employment Permit System (EPS). The discussion was held during the fourth meeting of Bilateral Consultation Mechanism between Nepal and the Republic of Korea at the Ministry of Foreign […]


Nepal allows foreign companies to borrow short-term advances from abroad for infrastructure projects

Kathmandu, July 21 (Xinhua) — Nepal’s central bank has allowed foreign companies involved in Nepal’s infrastructure development to receive Short-Term Advances from foreign countries through their parent companies abroad. The Nepal Rasra Bank (NRB), the central bank of the Himalayan country, said the facility was extended to help them sustain their administrative expenses during the […]


Committee formed for policy level adjustment of 13% TSC

Kathmandu, July 21: The Ministry of Communications and Information Technology is working out to make a policy level adjustment of the telecommunication service charge (TSC). The TSC will be adjusted considering the fact that the price of internet bandwidth was falling in the international market. A meeting held in the presence of Communications Minister Gokul […]


Over 500 thousands foreign tourists visit Nepal in six months

Kathmandu / July 20: In the first six months of the year 2018, Nepal welcomed over 520,000 tourists from various parts of the globe. The statistics of the Department of Immigration shows that the inflow was over by 13 percent compared to the corresponding period last year. In the same period in 2017, a total […]


FDI in 170-megawatt solar plant approved

Kathmandu, July 20: Investment Board Nepal (IBN) has approved a foreign direct investment proposal of Dolma Fund Management, a Mauritius-based company, to set up a 170 MW solar plant in Nepal. The decision means the company can now begin works on investment plan and also conduct detailed study for the project estimated to cost US$ […]


Policy promoting entrepreneurship stressed

Kathmandu, July 15: Speakers attending an interaction program here today pointed out the need to formulate policy to promote entrepreneurship and achieve economic prosperity. At the program organized by the Sushil Koirala Memorial Foundation on the theme ‘Entrepreneurship in Nepal: Social and Government Responsibility’, they spoke of the need to consider amendment in the policies […]


Govt preparing to lift ban on land plotting

Butwal, July 14: Minister for Agriculture, Land and Cooperatives Chakrapani Khanal has said that the government is making preparations to lift ban on the plotting of land in the country. Speaking at a land ownership certificate distribution program organized by Bhirahawa-based survey office and Tilottama Municipality today, Minister Khanal said that preparations are underway to […]




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