Economy

Banking Expo-2017 begins

Kathmandu / Apr. 28: Banking Expo-2017 targeted to the financially backward communities has started at Bhrikutimandap from today. Nepal Rastra Bank (NRB) Governor Dr. Chiranjibi Nepal inaugurated the expo amid a program. It is stated that there are hundreds of thousands of people even in Kathmandu valley who are not within the financial and banking […]


First banking expo from April 28

Kathmandu / Apr. 25: A banking expo is being organised at local Bhrikutimandap from April 28 in collaboration with the Nepal Rastra Bank (NRB), Bankers Association, Development Bankers Association and Micro Finance Development Bankers Association. According to NRB deputy director Bibhu Prasad Aryal, this type of expo going to be organised for the first in […]


Industry Ministry unveils plan to create job opportunity for one million in a decade

Kathmandu / Apr. 20: The Ministry of Industry has unveiled an ambitious plan with the promise of attracting foreign investment in domestic industrial sector and thus creating employment opportunities for one million people within the next 10 years. The Ministry unveiled this plan in a meeting with the representatives of various diplomatic missions here today […]


Capital expenditure only 36 per cent in nine months

Kathmandu / Apr. 17: The total capital expenditure in the country has stood at 36 per cent in the first nine month of the current fiscal year. The information was shared during the second quarterly meeting of the ministry-level development problem resolution committee held in Singhadurbar on Monday. Deputy Prime Minister and Minster for Finance […]


Shekhar Golchha elected for the post of senior VP in FNCCI

Kathmandu / Apr. 11: Ending long speculation about the future president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the umbrella organization of the Nepali entrepreneurs, industrialist Shekhar Golchha became the new senior vice-president of the organisation. As per the new statute of FNCCI, which has a provision to automatically appoint the […]


51st AGM of FNCCI: No dual taxation in federal system: PM Dahal; FNCCI honours eminent personalities

Kathmandu / Apr. 10: Prime Minister Pushpa Kamal Dahal has said there would not be any sort of dual taxation system on the movement of goods, services and capital within the states after the implementation of federal system. Addressing the 51st Annual General Meeting of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) […]


Foreign investment increases four folds in eight months

Kathmandu . Apr. 10: Foreign investment has surged four folds in the eight months of the current fiscal year. The Current Economic Situation Report released by Nepal Rastra Bank on Monday states that Rs 8.35 billion foreign direct investment flowed into the country during this period. As per the report, the FDI in the corresponding […]


Tourist arrival surges in Annapurna trek route

Lamjung / Apr. 9: The surge in the arrival of tourists at the Annapurna trek route has been a matter of great joy for entrepreneurs and villagers here. As per the data provided by the Timsa Check Post, Besisahar, more than 2,000 foreign tourists traveled through the Annapurna circuit in the month of March. According […]


NAC signs deal with AAR Corp to buy 2 wide body jets

Kathmandu / Apr. 07: Nepal Airlines Corporation (NAC) has signed a $209.6 million deal to purchase two Airbus A330-200 long-range jets from US-based AAR Corp on Friday, marking the largest-ever jet purchase deal in Nepal’s aviation history. The A330-200 can accommodate up to 280 passengers in a two-class layout. The agreement was signed between NAC […]


Power worth Rs 15 billion to be imported

Kathmandu / April 4: Nepal Electricity Authority (NEA) has shared that power worth Rs 15 billion would be imported to liberate the country from load-shedding. The NEA has so far imported electricity worth Rs 9.68 billion in the first nine months of the fiscal year 2073-74 BS. It is projected that additional power worth Rs […]




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