• Saturday, May 03, 2025

Economy

Korean Company selected for DPR for Fast-Track

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 […]


Rs 120 b revenue collected in first two months: FinMin Khatiwada

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 […]


EPF invests its Rs 287 billion in different sectors

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 […]


Dhunche-Syaphrubesi road section opens

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 […]


NEA to build high-capacity power transmission line in Kathmandu

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. […]


International airlines companies adding flights to Nepal

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 […]


BRI to enhance cross border connectivity: Speaker Mahara

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 […]


Bangladesh to purchase power from Upper Karnali Hydel Project

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 […]


Hydels with collective capacity of 2,356 MW under construction

Kathmandu / Aug 26: As many as 107 hydropower projects with collective installed capacity of 2,356 MW electricity are under construction in Nepal. According to Nepal Electricity Authority, these projects are in different phases of construction. Most of these will be completed within a year. The Upper Tamakoshi, which is listed as a national pride […]


Government for accelerated economic development: PM Oli

Bhaktapur / Aug 25: Prime Minister KP Sharma Oli has said the communist majority government was working in the direction of achieving rapid economic and social development. Inaugurating the Madan Bhandari Asian School at Kharipati here today, PM Oli said the government efforts were concentrated on achieving prosperity for the future generation. “Sustainable economic development […]




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