NEPALGUNJ, July 3: Goods are easily smuggled through the Nepalgunj border in western Nepal, which is connected to India. The smugglers have effectively engaged the customs officials, security personnel and others to smuggle large quantities of goods.

EisenVaulta partners with MARS

Published On: July 4, 2016 12:20 AM NPT By: Republica

KATHMANDU,July 4: EisenVaulta, a New Delhi-based startup in electronic document management, has partnered with Marketing Advertising Research Solution (MARS) to provide document management solutions in Nepal.

NIBL signs pact with PADT to rebuild ‘Mahasnan Ghar’

Published On: July 4, 2016 12:10 AM NPT By: Republica

KATHMANDU, July 3: Nepal Investment Bank Ltd (NIBL) have signed an agreement with Pashupati Area Development Trust (PADT) under ‘People’s Involvement and Development Program’, agreeing to maintain Mahasnan Ghar (The Great Bathhouse) and develop it as ‘Pashupati Museum’.

KATHMANDU, July 3: Minister for Industry Som Prasad Pandey has said that strikes in the name of trade unions should be legally stopped as many industries have become fragile due to such activities.

Domestic airfare slashed by a maximum of Rs 385

Published On: July 3, 2016 02:54 PM NPT By: Susheel Bhattarai

KATHMANDU, July 3: Private domestic airlines have decided to slash airfare with effect from Monday. The meeting of Airlines Operator Association of Nepal (AOAN) held on Sunday decided to reduce airfare by a minimum of Rs 115 and a maximum of Rs 385.

National Sector Export Strategies and NTM Survey on cards

Published On: July 2, 2016 06:36 PM NPT By: Republica

KATHMANDU, July 2: Ministry of Commerce(MoC) and International Trade Center (ITC), Geneva are working jointly to develop Sector Export Strategy(SES) of four products and conduct a large-scale survey on exporters’ experiences with Non-Tariff Measures (NTMs) in Nepal and destination markets.

Nepse jumps 38 points this weekend

Published On: July 2, 2016 04:39 PM NPT By: Republica

KATHMANDU, July 2: Nepal Stock Exchange (Nepse) escalated 38 points as compared to the first day this week to close at 1723 points.

Export of woolen carpet, RMG, black cardamom improves

Published On: July 2, 2016 02:45 AM NPT By: Republica

KATHAMNDU, July 2: Export of woolen carpet, Ready Made Garment (RMG) and cardamom improved in the first 11 months of Fiscal Year 2015/16, while export of iron and steel suffered in the same period compared to figures of the same period of the past fiscal year.

Rupee appreciates against dollar, gold unchanged

Published On: July 2, 2016 02:25 AM NPT By: Republica

Nepali rupee gained 66 paisa against US dollar this week as the Indian currency, with which rupee is pegged, appreciated against the greenback. Gold price, on the other hand, remained unchanged over the week at Rs 50,155 per 10 grams.

Nepse posts weekly gain of 38 points

Published On: July 2, 2016 12:15 AM NPT By: Republica

KATHMANDU, July 2: Nepal Stock Exchange (Nepse) climbed up 38.06 points this week to close at 1,723.23 points on Thursday -- the last trading day of the week.

KATHMANDU, July 1: Nepali migrant workers have urged the government to reverse its decision of barring overseas returnees from bringing raw gold and silver into the country.