A senior CAAN officer stated, “We aim to launch flights between Dhaka and Pokhara within two months, starting with at least one flight per week.” Both Air Astra and Bangladesh Airlines have shown interest, with a study underway to assess the potential business on the Pokhara-Dhaka route.

World Bank sticks to 3-tranche modality

Published On: July 29, 2016 03:00 AM NPT By: Republica

KATHMANDU, July 29: World Bank has said that housing grants in three tranches provides assurance to the owners by technical experts that their house meets safety standards.

Construction of Ncell supported dialysis center completes

Published On: July 28, 2016 09:30 PM NPT By: Republica

KATHMANDU, July 28: Construction of Day Care Dialysis Centre supported by Ncell at Tribhuwan University Teaching Hospital (TUTH) has been completed. Issuing a statement, Ncell said that the new facility has enabled the hospital to enhance its capacity to operate health services for kidney patients.

SCBNL holds workshop

Published On: July 28, 2016 09:02 PM NPT By: Republica

KATHMANDU, July 28: Standard Chartered Bank Nepal Ltd (SCNBNL) organised a Correspondent Banking Academy Workshop in Kathmandu on Thursday. The workshop -- attended by 82 senior resources of Nepal-based 28 commercial banks -- has an objective to update Nepali banks on emerging risks leading from financial crime and to create awareness around compliance and best practices for mitigation of potential risks.

Makerspace to encourage entrepreneurship

Published On: July 28, 2016 08:58 PM NPT By: Republica

KATHMANDU, July 28: The US Embassy on Thursday opened a new 'Makerspace' at the embassy-supported Innovation Hub located inside the Federation of Nepalese Chambers of Commerce and Industry building in Teku.

Rain affects domestic flights

Published On: July 28, 2016 04:10 PM NPT By: Republica

KATHMANDU, July 28: The continuous rain since some days back has affected the domestic flights in the country.

Bentley caught under-invoicing

Published On: July 28, 2016 08:00 AM NPT By: Rudra Pangeni

KATHMANDU, July 27: A leather wallet costs as much as Rs 4,650 at Durbarmarg-based Bentley The Leather, but the price the importer declared at customs was only Rs 64.

No takers for interest subsidy, cheaper credit facility

Published On: July 28, 2016 01:40 AM NPT By: Sagar Ghimire

KATHMANDU, July 28: While the government has already set up an economic rehabilitation fund to provide interest subsidy and cheaper credit to businesses and industries battered by the recent Tarai turmoil and last year's earthquakes, there has not been a single demand from private sector for such facility.

Govt targets 4% GDP contribution from NTIS products

Published On: July 28, 2016 12:50 AM NPT By: Sujan Dhungana

KATHMANDU, July 28: The revised Nepal Trade Integration Strategy (NTIS) has set a target of contributing at least 4 percent of gross domestic product by 2020 through export of products and services listed in the country's trade strategy document.

NMB Bank-led consortium to finance Riddhi Siddhi Cement

Published On: July 27, 2016 08:58 PM NPT By: Republica

KATHMANDU, July 27: NMB Bank Ltd has said that it will become the lead bank in the consortium loans for Riddhi Siddhi Cement Company.

CNI President appointed IBN member

Published On: July 27, 2016 08:56 PM NPT By: Republica

KATHMANDU, July 27: President of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma has been appointed as the member of Investment Board Nepal (IBN).