Economy

Per capita debt up by Rs 2,114

Kathmandu / Apr 23: Per capita debt of Nepalis has increased by Rs 2,114 in the fiscal year 2016/17. Now it has reached to Rs 24,276 against Rs 22,129. A report submitted by the Financial Comptroller General’s Office stated that the total debt of the government was Rs 696.69 billion till 2016/17. Of the total […]


684 kms of water supply pipeline installed under Melamchi project

Kathmandu / Apr 20: Six hundred eighty four kilometres water supply pipeline has been installed so far under the Melamchi Water Supply Project. The project has estimated to install a total 720 kilometers of pipeline within 45 days but 684 kilometres has been completed in the first phase so far. The Kathmandu Upatyaka Khanepani Limited […]


FNCCI backs govt decision; Minister Thapa reiterates severe against corruption and monopoly

Kathmandu / Apr. 19: Federation of Nepalese Chambers of Commerce and Industries (FNCCI) has backed the government decision not to renew any transportation committees, which are registered at district administration offices (DAOs). Issuing a press statement on Thursday, the FNCCI has supported the government decision and has argued that any form of syndicate and cartels […]


Tourist arrivals in first three months of 2018 hits 300,000

Kathmandu / Apr 16: Some 300 thousand tourists arrived by air route to Nepal in the first three months of 2018, the latest figures on tourist arrivals by air route released by the Department of Immigration show. As per the data given by the Department, 286,882 tourists arrived in Nepal via air route in January, […]


First National Economic Census- 2075 kicks off

Kathmandu / Apr 14: The ‘First National Economic Census-2075 has been initiated from today. The economic survey being conducted by the Central Bureau of Statistics is aimed at providing basic economic data for the formulation of plans and policies at the federal, provincial and local levels, consolidating the nation’s accounts system, augmenting the policy and […]


Nepal to take part in Vietnam Expo 2018

Kathmandu / Apr 09: Nepal is going to take part in Vietnam International Trade Fair – VIETNAMEXPO to be held under the assignment of the government of Vietnam and collaborations of Ministry of Industry and Trade (Department of Trade Promotion), relevant ministries, sectors, localities, trade promotion organizations and Vinexad Company. A 15- member delegation led […]


DoTM to allow new route permits to all new companies

Kathmandu / Apr 06:Department of Transport Management has circulated letters to its branch offices across the country on Friday to provide route permits to any companies willing for it. Along with it, new companies can be registered at the department for permanent route permits after submitting required documents, said Department Spokesperson Tulsiram Aryal. It is […]


NOC hikes petrol, diesel by Rs 2 per liter

Kathmandu / Apr 02: Nepal Oil Corporation (NOC), the state oil monopoly, has hiked the price of petroleum products. According to Birendra Goit, spokesperson, the State Oil monopoly increased the price of petrol and diesel by Rs 2 each per liter. With the new price adjustment, petrol will now cost Rs 105 and diesel Rs […]


Finance Minister Khatiwada presents current picture of nation’s economy

Kathmandu / Mar 30: Finance Minister Yubaraj Khatiwada today pointed out economic challenges facing the country due to various causes. Blaming the lack of proper capital mobilisation in part for economic challenges, he stated some difficulties in budget expenditure. “Big projects fail to be completed in stipulated time, and for estimated costs. Distribution-oriented programmes have […]


Narayangadh-Muglin road widening costs to increase by 430 million

Chitwan / Mar 24: The Narayangadh-Muglin road widening costs are to increase by at least Rs 430 million due to project time extension, awarding contract on backdate cost estimation, and additional inevitable work during the widening drive. With a target of completing the road widening drive within two years, the contract amounting to Rs 2.89 […]




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