Kathmandu / May 21: The government has set a target of graduating the country to the status of middle income within 10 years. The policies and programmes presented during the joint meet of the federal parliament by President Bidya Devi Bhandari on Monday, mentioned that the government aims to achieve a double figure economic growth […]
Kathmandu/May 17, Myanmar and Nepal will cooperate to raise trade between the two countries and will sign a Memorandum of Understanding to strengthen economic ties soon, with bilateral trade totaling US$8 million in 2017-18 fiscal year. During a meeting between Myanmar and Nepal at the Union of Myanmar Federation of Chambers of Commerce and Industry […]
Kathmandu / May 15: Chinese investment is flowing in one after the other in the energy sector in Nepal in recent days. In this connection, a meeting of the Investment Promotion Board (IPB) under the Department of Industries has recently given approval to a Chinese company to bring in investment of Rs 14 billion in […]
Kathmandu / May 10: The World Bank (WB) has agreed to provide concessional loan of 200 million US dollar under the First Programmatic Fiscal and Public Financial Management Development Policy Credit (DPC) in budgetary support and 66 million US dollar for Rani Jamara Kulariya Irrigation Scheme. At a programme organised at Finance Ministry on Thursday, […]
Kathmandu / May 2: Defense Ministry has prepared a draft of a separate act related to Kathmandu-Tarai Fast Track to sort out legal and technical hassles, said the Ministry. The separate act means to discourage influence of a sector on another sector taking important decisions relating to the project, said Minister for Defence Ishwor Pokharel […]
Kathmandu / Apr 30 : Minister for Energy, Water Resources and Irrigation Barshaman Pun has directed the concerned stakeholders to submit details of the hydropower projects being constructed at the investment of government and private sector. Expressing dissatisfaction over the progress of hydropower projects, Minister Pun directed the subsidiary and private investment companies under the […]
Kathmandu / Apr 28:A Chinese Company has submitted a proposal for the construction of infrastructure required for the operation of monorail in Kathmandu Metropolis. The Chinese Company, CRCC, has come up with the proposal in a way to construct the monorail infrastructure along the Ring Road of Kathmandu Valley within two years, said KMC Public […]
Kathmandu / Apr 27: Construction works of a solar project said to be the largest solar power project in the country have started at Trishuli in Nuwakot. The 25-megawatt project funded by the government and the Nepal Electricity Authority (NEA) is estimated to cost Rs 4 billion. The World Bank will also provide concessional loan. […]
Kathmandu / Apr 25: The economic growth rate is projected to be 5.89 per cent in the current fiscal year. The projection has been made based on economic indicators and data from six to nine months of the current fiscal year 2074-75 BS. The national accounts statistics of the fiscal 2074-75 BS launched by Central […]
Kathmandu / Apr 23: Per capita debt of Nepalis has increased by Rs 2,114 in the fiscal year 2016/17. Now it has reached to Rs 24,276 against Rs 22,129. A report submitted by the Financial Comptroller General’s Office stated that the total debt of the government was Rs 696.69 billion till 2016/17. Of the total […]
Newbaneshwor
Kathmandu, Nepal
4479401
Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa