Pokhara / Nov 29: The ‘Pokhara Street Festival’ is being organized by the Restaurant and Bar Association of Nepal (REBAN) – Pokhara from December 28 to January 1 at the bustling Lakeside to bid farewell to year 2016 and welcome New Year 2017. At a press conference held on Monday, Festival’s Coordinator, Gopi Bahadur Bhattarai, […]
Kathmandu, Nov 23: Minister for Industry, Nabindra Raj Joshi, has urged international communities to invest in infrastructure development and industrial sector of Nepal as it has adopted a very liberal and competitive foreign investment policy. Addressing the 44th Session of United Nations Industrial Development Organization (UNIDO) Industrial Development Board in Vienna, Austria, on Tuesday, Minister […]
Kathmandu / Nov 21: The government has formally set up the Hydropower Production Company with the provision of allowing the Nepali citizens to investment in the hydropower projects. The Ministry of Energy registered the company at the Company Registrar’s Office on Sunday. The company has been registered based on the 37-point plan of action that […]
Rajendra Khetan is a renowned industrialist. He has been leading a major business group of Nepal, the Khetan Group, which is involved in the industrial and financial sector. Apart from business, he is the honorary consulate general of Portugal and Chairperson of Nepal Britain Chamber of Commerce and Industry. He earlier served as first vice-chairperson […]
Morang / Nov 20: The Biratnagar Sub Metropolitan City has expedited the process for taking legal action against taxpayers resisting the due submission of land value and property tax. The amount of tax payment the industrialists and entrepreneurs are evading has crossed Rs 20 million prompting the sub metropolis to blacklist those yet to cough […]
Kathmandu / Nov 15: The Nepal Bank Limited (NBL), the country’s oldest bank, has entered 80th year of its establishment from today. The bank that carries a history of starting the institutional banking services in the country has paid-up capital of Rs 5.49 billion. The government owns 62.21 per cent in the current share capital […]
Kathmandu / Nov 10: Nepal Rastra Bank (NRB), the central bank of the country, has stated there are around 33.6 million Indian currency notes of the Rs 500 and Rs 1000 denominations with the banks and the financial institutions across the country. The NRB shared this information in response to a query after reports of […]
Kathmandu, Nov 9: Various speakers at a programme have underscored the need that government created an atmosphere conducive to foreign investment for the economic prosperity. The speakers at an interaction organized by the Society of Economic Journalists Nepal (SEJON) on ‘Foreign Direct Investment in Nepal’ here Wednesday, they also suggested the policy reforms to attract […]
Kathmandu / Nov 3: The ANDRITZ HYDRO, a global supplier of electromechanical systems and services for hydropower plants has celebrated its first ‘Customer Day’ with a view to expanding its office in Nepal. With this connection, the company has organised a two-day programme titled ‘Hydropower Solution for Nepal’. Deputy Prime Minister and Minister for Finance […]
Kathmandu / Oct 24: The Capital will likely see an import of marigold garlands worth Rs 6 million this Tihar Festival. Floriculture Association Nepal has estimated that this time the import of marigold garlands from India will go up compared to the last time. The Association plans to import 200,000 garlands which is more by […]
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