Kathmandu / Feb 6: The Securities Board of Nepal (SEBON) has given permission to issue an initial public offering worth Rs 27.76 billion in the past six months of the current fiscal, said data published by the Board. According to data made public amid a programme today, there is an increase in both acquiring permission […]
Kathmandu / Feb 05: A significant cut in power outage in the country had led to the increase in industrial capacity by 9.1 percent. According to the Economic Activities Study Report- 2073/74 BS unveiled by the Nepal Rastra Bank (NRB) recently, capacity of industries in the fiscal year 2073-74 BS went up by 9.1 percent […]
Chitwan / Jan 11: Vice-President Nanda Bahadur Pun has said that the country has entered into a new era of economic prosperity. Inaugurating the Ratnanagar Festival at the proposed regional stadium at Ratnanagar today, Vice-President Pun said that this period is the era of economic prosperity as political stability has been established in the country […]
Kathmandu / Jan 6: Nepal Airlines Corporation would soon be adding new destinations to its domestic flight services while expanding the domestic air routes. The flag carrier airline has geared up for the management of required aircraft and human resources including pilots for the same. “At present, two Y-12 aircraft are in use for the […]
Kathmandu / Jan 3: Foreign Direct Investment (FDI) of Rs 151 billion has entered the country so far, according to a study conducted by the Nepal Rastra Bank. This amount has been invested in 252 companies. Among these industries 37 are production based industries while only 11 have been producing goods for export. Executive Director […]
Kathmandu / Jan 2 : The Confederation of Nepalese Industries (CNI) has urged the Prime Minister to take initiatives for promptly addressing the problem the industries and business sectors are facing due to the prevailing liquidity in the country’s economy. A delegation led by CNI president Hari Bhakta Sharma today called on Prime Minister Sher […]
Kathmandu / Dec 24: Nepal Electricity Authority (NEA) has begun performance evaluation agreement with officers to upgrade the quality in service provided by the organization. NEA will start its first phase agreement with the staffs of Direct Customer Service (DCS) department. The first agreement was made between Managing Director Kul Man Ghising and Biratnagar Regional […]
Rasuwa / Dec 15: Cheese (yak) around Rs 59 million was produced in the past seven and half months in Rasuwa, a mountainous district. Such an amount of cheese was produced from four cheese production centres based in different locations. Cheese production centres based in Chandanbari, Gatlang, Langtang and Dhunche witnessed an increase in the […]
Kathmandu / Dec 8: The World Bank has approved a US$80 million (approximately 8 billion rupees) loan for a Livestock Sector Innovation Project. The project will support the objectives of the Government of Nepal’s Agriculture Development Strategy (ADS, 2015) which underpins the role of livestock for sustained agriculture and economic growth, poverty reduction, and improving […]
Rasuwa / Dec 7: Power generation from the Chilime Hydropower Project which had stopped from Wednesday afternoon has now been restored. The power generation from the 22 MW-capacity hydel project had stopped after the problems in the power transmission line. The power supply has been restored after fixing the problem with the power transmission tower, […]
Newbaneshwor
Kathmandu, Nepal
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Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa