Kathmandu / Nov 2: The Nepal Oil Corporation has today withdrawn its decision of increasing the price of petroleum products, which was enforced from Wednesday mid-night, on Prime Minister Sher Bahadur Deuba’s direction. The NOC Board of Directors took the decision in this regard after Prime Minister Deuba directed the NOC management not to increase […]
Kathmandu / Oct 31: An eight-point bilateral agreement between the representatives of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Austrian Federal Economic Chamber was signed amid a programme here today to strengthening the economic ties between the two countries. The agreement signing ceremony was held in the presence of Minister for […]
Kathmandu / October 27 : Nepal may face shortage of 3.6 million workers by 2030 if people continue to take up jobs in foreign labour markets, creating hurdles for nation’s transformation into a middle-income economy in the next 13 years as envisaged by the government, a latest report says. The projection was made on the […]
Kathmandu / Oct 12:Prime Minister Sher Bahadur Deuba today paid final tributes to Sharad Kumar Gauchan, chairman of the Federation of Contractors Association Nepal (FCAN). Gauchan was shot dead by an unidentified group in the capital on Monday. PM Deuba reached FCAN’s office, Anamnagar and extended tributes by wrapping his body in the national flag. […]
Kathmandu / Oct 9:The President of Federation of Contractors Association of Nepal Sharad Kumar Gauchan has been shot dead in Kathmandu on Monday. Two motorcycle borne assailants had attacked Gauchan who was inside the vehicle at Kharibot in Shantinagar, KMC-32, this afternoon, according to police. It has been learned that Gauchan sustained bullet injuries in […]
Pokhara / Sept. 15: Buddha Air has started its direct flights to Bharatpur and Bhairahawa from Pokhara from today. The private airline company’s first flight to Bharatpur took off at 10 this morning from Pokhara while another aircraft flew to Bhairahawa at 11:22 am, according to Buddha Air’s Station Manager, Gautam Baral. The aircraft would […]
Kathmandu / Sept. 11:The government has forwarded power purchase process for purchasing electricity generated from two sugar mills. The sugar mills generate power by utilising ‘bagasse’ (cane pulp). This way there would be optimum utilisation of industrial wastages. An agreement to this effect was signed between the government and representatives from Indu Shankar Sugar Mill […]
Kathmandu / Sept. 10: Deputy Prime Minister and Minister for Foreign Affairs Krishna Bahadur Mahara has urged Chinese business community to invest in infrastructure sector in Nepal, as environment conducive to investment has been created in the country. “Nepal has focused on investment in infrastructure development and inter-country economic sector in order to increase connectivity […]
Kathmandu / Sept. 7: Despite repeated round of talks between the stakeholders to open the passenger vehicles’ ticket sale for long and medium routes for upcoming Dashain festival, it did not materialize even on Thursday after the transport entrepreneurs refused to do so arguing poor condition of roads and lack of hoods on the vehicles. […]
Kathmandu / Sept. 6: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has pledged to comply with the election code of conduct to make the elections free, fair and economical. At a program on the compliance of code of conduct from the private sector in upcoming elections, the FNCCI expressed its commitment to […]