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 […]
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 […]
Kathmandu / March 28: The Asian Development Bank (ADB) has projected that the country’s economic growth will be between 5.2 to 6.2 percent in 2017. The ADB shared this information organizing a news conference here today. It estimated that the GDP increase in terms of basic price in the Fiscal Year 2017/18 will be […]
Kathmandu / March 23: The government has formed nine separate committees for the coordination and effectiveness of the Sustainable Development Goals (SDGs) implementation. According to the National Planning Commission (NPC), the committees themselves can prepare their term of references and invite government officials and representatives of private and non-governmental sectors as the invitee members. The […]
Kathmandu / March 16: The Nepal Rastra Bank (NRB) has said that country’s overall economic activities have witnessed progress during the first seven months of the current fiscal year, thanks to rise in agriculture, industry and service sectors. Releasing the ‘Current Macroeconomic and Financial Situation’ of the country on Thursday, the central bank said that […]
Kathmandu / March 15: The Government of Nepal has handed over an official letter approaching the European Commission (EC) to lift a ban on Nepali Airlines in European skies. Secretary at Ministry of Foreign Affairs, Shanker Bairagi, handed the approach paper to European Union Ambassador to Nepal, Renjse Tehrink, at Ministry on Wednesday, asking withdrawal […]
Kathmandu / March 15: The 4th National Microfinance Summit organized by the Center for Microfinance (CMF), Nepal has kicked off in the capital from today. Minister for Finance Krisha Bahadur Mahara inaugurated the three-day summit where more than 800 participants from various stakeholders like the government, microfinance institutions, development partners, Nepal Rastra Bank (NRB) and […]
Kathmandu / March 13: The Executive Director of the World Bank Dr Andin Hadiyanto today has paid a courtesy call on National Planning Commission (NPC) Vice-chairman Dr Min Bahadur Shrestha at the NPC office Singh Durbar today. According to NPC office sources, issues related to economic condition, future scenario and WB’s support among others […]
Myagdi / March 10: Over 200 households of six wards of Malkwang VDC of Myagdi now have an access to electricity facility with the completion of a 42-kilowatt Nandiwangkhola Micro Hydroelectricity Project. The project constructed at a cost of over Rs 20 million was inaugurated amidst a programme here Thursday. On the occasion, Project Chief […]
Kathmandu / March 7: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said the banks and financial institutions should play a pivotal role in raising the living standard of the people through mobilization of the financial resources. Addressing to the annual conference of the Global Alliance for Banking on Values (GABV) here today, PM Prachanda said, […]
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Kathmandu, Nepal
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Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa