Economy

FNCCI releases postage stamp

Kathmandu / Dec 19: Minister for Information and Communications Surendra Kumar Karki has made public a postage stamp featuring the logo of Federation of Nepalese Chamber of Commerce and Industry (FNCCI). During a programme organized on the golden jubilee celebration of the FNCCI here on Monday, Minister Karki affixed the first cancellation mark on the […]


WB provides Rs 5.94 billion additional loan for RSDP

Kathmandu / Dec 19: The World Bank has agreed to provide US Dollar 55 million (approximately Rs 5.94 billion) additional loan assistance to the government for the implementation of Road Sector Development Project (RSDP) which has been under implementation since 2008. The project has three components. They are the Road and Bridge Development, the Institutional […]


US President Obama proclaims to implement Nepal Trade Preference

Kathmandu / Dec 18: US President Barack Obama, on December 15, proclaimed to implement Nepal Trade Preference Programme which is incorporated in Trade Facilitation and Trade Preference Act (TFTEA) of 2015. The enforcement of the TFTEA officially provides duty-free treatment for 66 types of imports including carpets, shawls, travel blankets and bags from Nepal to […]


Bhaktapur Int’l Trade Fair records transactions worth over 160 million

Bhaktapur / Dec 14: The Bhaktapur International Trade Fair recorded transactions of over Rs 160 million. The trade fair started on December 9 and concluded today. It was organised at Sallaghari of Bhaktapur. More than 130 thousand people observed the fair and transactions exceeding Rs 160 million were carried out, said Raju Mrigendra Joshi, the […]


Good relations between owners and workers stressed for sound industrial climate

Kathmandu / Dec 13: Speakers at a programme here today stressed on promoting amiable relations between the owners and workers for creating a healthy industrial environment in the country. Speaking in the two-day seminar on ‘Industrial Relations and Labour Policy’ jointly organised by Nepal Trade Union Congress and Japan International Labour Foundation (JILAF) here today, […]


Govt. will provide subsidy for private investors to establish industry: Minister Joshi

Makawanpur / Dec 11: Industry Minister Nabindra Raj Joshi has said the government was committed to providing subsidy to investors from private sector in establishing industry for economic prosperity of the country. Speaking at a programme organised to mark 31st anniversary of Hetauda Cement Industry here today, Minister Joshi said the state had to suffer […]


Locals disrupt Kaligandaki transmission line work

Parbat / Dec 11: The under construction Kaligandaki corridor 20 KV capacity transmission line work has been disrupted by local villagers. The locals of Dhairing VDC located at the northern part of Parbat have created hurdles in construction work protesting that the transmission line cannot be expanded through Phant area of Salyan, which falls under […]


New gas industry comes into operation in Jhapa

Jhapa / Dec 10: A new gas industry has come into operation from today in Jhapa district. The industry was set up at an investment of Rs 150 million. The Pathibhara Gas Industry has been operated at Charpane, Birtamod Municipality -2. The Industry’s managing director Laya Bhandari said the industry has been set up to […]


International Investment Conference to be held on March 2 and 3

Kathmandu / Dec 9: The government is to organise the International Investment Conference on March 2 and 3. Minister for Industry Nabindra Raj Joshi, who is also the chairman at the conference directive committee, said the conference was aimed at reassuring the foreign investors to invest in Nepal as safe place for investment. The meeting […]


ADB to provide loan assistance for School Reform Program

Kathmandu / Dec 2: The Asian Development Bank has agreed to provide US dollar 120 million loan equivalent to Rs 13,111 million for the implementation of School Sector Development Plan (SSDP). More, the ADB is to provide technical assistance worth Rs 54.5 million for the capacity development technical assistance project, supporting policies and implementation in […]




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