Economy

‘Investment on hydropower can be generated from within country’

Kathmandu / Aug 26: Stakeholders concerned have said investment on hydropower could be generated from within the country. During a consultation meeting the Ministry of Energy held on Friday, Energy Minister Janardan Sharma expressed hope that Rs 100 billion could be generated from within the country for the investment on hydropower. The representatives from Citizens […]


Tax revision recommendation committee formed

Morang / Aug 26: In a bid to resolve the problem resulted from house and land tax increment in Biratnagar, a tax revision recommendation committee has been formed on the initiative of Biratnagar Sub-metropolis. Economist Dr Bhesh Prasad Dhamala is chairing the committee. The Biratnagar Sub-metropolis was compelled to form a tax revision committee as a […]


Chinese proposal to invest in Tamakoshi III and Tamor projects

Kathmandu / Aug 25: The China Machinery Engineering Corporation (CMEC), a government-owned company of China has expressed interest in making investment in two important hydropower projects of Nepal. The Company has proposed to the Government of Nepal expressing its readiness to invest in the Tamakoshi III and Tamor hydropower projects. The Tamakoshi hydropower project of […]


SAARC finance ministerial meeting to give priority to investment promotion

Kathmandu, Aug 22: The eighth finance ministerial meeting of the South Asian Association for Regional Cooperation (SAARC) would give priority to the issues of trade and investment promotion in the region. The meeting has been scheduled for coming August 25 and 26 at Islamabad, the capital of Pakistan. Under Secretary at the Finance Ministry, International […]


NAC resumes Kathmandu-Dubai direct flight

Kathmandu / Aug 19: The Nepal Airlines Corporation (NAC) has resumed Kathmandu-Dubai direct flight after a gap of around four years. Earlier the service was halted due to a lack of aircraft. The service formally resumed on Thursday when an aircraft belonging to the national flag-carrier with 158 passengers onboard took off for Dubai at […]


Nine-fold applications registered for taxi number plates

Kathmandu / Aug 18: The number of application seeking taxi number plates, that the government had decided to allocate to the earthquake survivors from fourteen districts, have been registered nine times more than the quota. Chief of the Transport Management Office, Bagamati, Tilak Poudel informed that a total of 131,000 applications were registered at the […]


France interested to construct cable car from Bishnumati to Bouddhanath

Kathmandu / Aug 15: The French Government has expressed its intent to construct a cable car from the origin of Bishnumati Sapantirtha to the Bouddha Stupa. French Ambassador Yves Carmona expressed the interest of his government in course of a meeting with Minister for Physical Infrastructure and Transport Ramesh Lekhak held at the Ministry on […]


Call to bring in Australian investment

Kathmandu / Aug 12: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has called on entrepreneurs to bring in Australian investment as the country now has the commerce-friendly environment. Launching the product of Australian liquor imported to Nepali market for the first time on Thursday, FNCCI senior vice-chairperson Bhawani Rana said the country after […]


Reform and expansion of TIA at snail pace

CB Adhikari / Kathmandu, Aug 11: The Air Transportation Enhancement Project for reforming and expanding the only international airport of the country-Tribhuwan International Airport (TIA) has failed to gain anticipated pace although three years and half have elapsed since the Project was initiated. The sluggish pace of the Asian Development Bank funded Project amounting to […]


‘China-Nepal-India Economic Corridor: A prosperity propellant’

Kathmandu / Aug 10: Experts on foreign affairs and development from Nepal and China have said the China-Nepal-India economic corridor could help propel prosperity in the region. They expressed such view during a talk programme organized jointly by Nepal Council of World Affairs (NCWA), and China Study Centre (CSC) in the capital on Wednesday. There […]




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