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Ayam Shrestha

Ayam Shrestha

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ECONOMY, Interview

Improve communications with Chinese and other potential inve...

Chinese company Chongquin Machinary & Electronics Holding (Group) Co Ltd (CME) has partnered with People’s Energy Ltd (PEL) to construct the Khimti-2 Hydroelectricity Power Plant in Nepal. The 48.8 megawatt project of US$ 88 million is to be constructed in the Khimti River situated in the bordering...
Jul 16, 2018
ECONOMY

Ginger price falls even after India allows unhindered export

KATHMANDU, July 15: Hike in ginger price was expected after India opened unhindered supply of Nepali fresh ginger effective from July 2. But price of this staple spice has seen a slight fall instead.
Jul 15, 2018
ECONOMY

Little-known Marsi rice is suddenly in high demand

KATHMANDU, July 11: Marsi, a little-known rice variety, is suddenly hogging the limelight, causing its demand to soar significantly.
Jul 11, 2018
ECONOMY

Sugarcane farmers still waiting for payment

KATHMANDU, July 7: Sugarcane farmers in the southern belt of the country have been awaiting payments for thousands of tons of canes bought by local sugar mills for the past many months. However, the government has not been able to take firm action against mill operators who have been dilly-dallying...
Jul 07, 2018
ECONOMY

With onset of monsoon, vegetable prices rise

KATHMANDU, June 24: Price of vegetables has gone up significantly over the past week. While retailers attribute the price hike to erratic supply in the market due to monsoon rains, officials of Kalimati Fruits and Vegetable Market Development Board say price has gone up as traders are keeping high p...
Jun 24, 2018
ECONOMY

Mango prices down Rs 16

KATHMANDU, June 21: The price of mangos in the Nepali market has fallen by 16.5 percent this year compared to last year. A comparison of price of mangos at the Kalimati Fruits and Vegetable Market suggests that the average price of mangos has fallen by Rs 16 per kilogram in the third week of June th...
Jun 21, 2018
ECONOMY

World Cup gives TV sales a shot in the arm

KATHMANDU, June 18: Ongoing FIFA World Cup 2018 has given television sales a shot in the arm.
Jun 18, 2018
ECONOMY

Fertilizers import up 10 pc

KATHMANDU, June 7: The import of fertilizers (chemical and organic combined) in the first 10 months of the current fiscal year has surged by nearly half compared to import figures of the same period of Fiscal Year 2016/17.
Jun 07, 2018
ECONOMY

NOC ups fuel price while int’l price falls marginally

KATHMANDU, June 5: Nepal Oil Corporation has hiked fuel prices regularly under an automatic pricing mechanism in the last seven months. The steady price hike has impacted the price of daily commodities, and airfares are also to increase by Tuesday. NOC’s latest price hike comes against a fall in int...
Jun 05, 2018
ECONOMY

Sugarcane farmers are still unpaid despite govt orders

KATHMANDU, May 27: Making sugar mills pay the dues of sugarcane farmers was one of the main agendas of the Minister for Industry, Commerce and Supplies Matrika Prasad Yadav after assuming office. But farmers are yet to be paid.
May 27, 2018