Economy

68 percent progress in Pokhara regional airport; likely to complete in 6 months

Pokhara / Jan 8: The construction work of the Pokhara regional airport has made 68 per cent progress so far. According to the Airport construction project, the construction activities of the airport would be completed within next six months. Looking at the current progress, it seems that the construction of the airport would be completed […]


World Bank projects Nepal’s growth rate to limit at 0.6 percent this year

Kathmandu / Jan 6: The World Bank (WB) has projected that Nepal’s economy will grow by a meager 0.6 percent in the current fiscal year. Reaffirming its projection made earlier in October, the international lending institution has stated that Nepal’s economic growth rate will remain at less than one percent in 2020/21. The low growth […]


Govt keen to collaborate with private sector

Kathmandu / Dec. 3: Finance Minister Bishnu Prasad Paudel has assured the private sector that the Ministry of Finance would give special emphasis to the development of and collaboration with the private sector. Welcoming the newly elected leaders of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) at the ministry on Wednesday, he […]


258 billion remittance in three months, Up by 12.6 %

Kathmandu / Nov. 25: Nepal received Rs 258 billion in remittance in the first three months of the current fiscal year. This is an increase by 12.6 per cent as compared to the same period last year. Nepal Rastra Bank has stated that the first three months of the current fiscal year saw an increase […]


250 MW of electricity to be imported from India for winter

Kathmandu / Nov. 22: The Nepal Electricity Authority (NEA) is going to import up to 250 megawatt of electricity from India to ensure smooth supply of electricity during the winter. The water level in the river recedes in the winter, especially during January, February and March leading to lesser generation of power in the hydro […]


Impact of Oil in world economy

Adarsha Subedi / Kathmandu: Oil is one of the most important commodities in the world. With all the countries focusing on growth and development, oil can be regarded as the key resource. Oil can be transformed into various sources of energy to benefit the modeling of infrastructures and tools for develop-ment. Oil extraction and production […]


Tea farmers in mood of quitting tea farming

Pashupatinagar / Nov 5 : Tea farmers in Ilam district are in mood of quitting the tea farming due to price dispute and lack of workers. Hundreds of farmers have come to this stage for lack of government support at the tea sector. The tea farmers said that they are disappointed towards tea farming as […]


Central bank to issue Development bond worth Rs 20 billion

Kathmandu / Nov. 2: Nepal Rastra Bank (NRB) is issuing the ‘Development Bond 2087 Gha’ worth Rs 20 billion on November 4. The central bank is working to issue the bond through a competitive process on behalf of the Government of Nepal. Issuing a press statement Monday, the central bank said that the interest rate […]


Pokhara hopeful of tourism revival with mobility of domestic tourists

Gandaki, Oct 30 : Mobility of domestic tourists has increased lately in Pokhara, a major tourism hub of the country, raising hopes of revival of tourism industry among the local tourism entrepreneurs. Badly dented by global COVID-19 pandemic, a glimmer of hope has been raised with the increasing number of domestic visitors in this ‘Lake […]


90 percent occupancy in domestic flights

Kathmandu / Sept. 29: More than 90 per cent occupancy has been recorded in domestic flights. The domestic flights were operated amidst the COVID-19 pandemic since September 21 adopting health safety precautions. The airlines companies operating domestic flights are providing air service by following the health safety protocols. The airlines companies are also adding the […]




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