Economy

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 […]


DoFE announces EPS application form

Kathmandu / Mar 22: Department of Foreign Employment (DoFE) has announced application forms for the Korean Language Test under the Employment Permit System (EPS) on Thursday. The date for applications will remain effective until April 11. Candidates aged between 18 to 39 years can take part in the langue test. Those meeting the criteria set […]


NRB paints mixed macroeconomic picture in first seven months of current FY

Kathmandu / Mar 19: Consumer price inflation has accelerated to 5.0 percent in mid-February 2018 from 3.3 percent recorded in mid-February 2017, Nepal Rastra Bank (NRB), the central bank, stated in its report entitled ‘Current Macroeconomic and Financial Situation of Nepal’ released on Monday. The report based on the seven months’ data of fiscal year […]


Finance Minister directs to be strict on revenue collection

Kathmandu / Mar 3: Finance Minister Dr Yubraj Khatiwada has directed the chiefs of the customs office to resolve the loopholes witnessed in revenue collection. The Finance Minister issued such directive to the chiefs of the customs offices across the country to meet the target of revenue collection as the revenue collection was not as […]




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