Kathmandu / Sept 21: Reconstruction of a Nepal Rastra Bank’s building damaged in the earthquake of April 2015 has started as its foundation stone has been laid today. The building would be reconstructed in its original design, and covers over 42 ropanis of land in the Thapathali premises of the Bank, said a Bank official. […]
Kathmandu / Sept 20: The World Bank has approved $100 million under the Nepal Energy Sector Development Policy Credit programme, which aims to implement key policies and regulatory and institutional measures. This is the first loan that the multilateral lending organisation has approved in the country’s energy sector. The fund will be utilised to improve […]
Kathmandu / Sept 19: A South Korean Consultancy Company has been selected to prepare the Detailed Project Report (DPR) of the Kathmandu-Terai Madhesh Fast-Track project, a mega project of national pride and strategic importance. The Nepal Army (NA) had earlier assigned an Indian company named IL and FS but it did not agree with the […]
Kathmandu / Sept 18: Finance Minister Yuba Raj Khatiwada has ruled out the full-fledged budget until the half-yearly review is done on the current fiscal budget. Finance Minister Khatiwada said so in a response to Nepal Communist Party Chairman Pushpa Kamal Dahal’s statement regarding the inclusion of social security allowances at a press conference organized […]
Kathmandu / Sept 16: The Employees’ Provident Fund has invested Rs 287 billion or 98.34 percent of the total fund in different sectors. Out of total investment, 58 percent has been disbursed as loan to its contributors, 16 percent as project loan, 19 percent is in fixed deposit of commercial banks and the remaining seven […]
Rasuwa / Sept 13: The Dhunche-Syaphrubesi (Nepal-China) road section that was obstructed due to landslide has opened for traffic today. According to the Road Division Office engineer Saroj Kadariya, the road section had remained obstructed since September 10 after a landslide at Khopangbhisr along the road section. The road section was halted frequently due to […]
Kathmandu / Sept 12: The Nepal Electricity Authority (NEA) is going to build high capacity transmission lines to ensure regular and smooth electricity supply to Kathmandu Valley. Such transmission line with capacity of 220 KV double circuit has been named ‘Ring Transmission Line’ and would cover the three districts in the Valley-Kathmandu, Lalitpur and Bhaktapur. […]
Kathmandu / Sept 11: International airlines companies have been adding to the numbers of their flights to Nepal one after another after the government announced to celebrate the year 2020 as the Visit Nepal Year. The latest airline to add to its flights is the Salam Air of Oman. The Thailine Air of Thailand had […]
Kathmandu / Sept 10: Speaking at the 4th China, Tibet Tourism and Culture Expo held at Lhasa today on the theme ‘Incorporating Nepal into Belt and Road International Cooperation’, Speaker of the House of Representatives Krishna Bahadur Mahara asserted that advancing the Trans-Himalayan Multi-Dimensional Connectivity Network under the BRI was a common vision reached between […]
Dhaka / Sept 08: Bangladesh is to purchase electricity from the Upper Karnali Hydropower Project of Nepal. The Bangladesh government some days back made a decision to purchase 500 megawatts power from the 900-megawatt project. Bangladeshi Minister of State for Electricity, Energy and Minerals, Nasrul Hamid, informed Nepal’s Minister for Energy, Water Resources and Irrigation […]