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.

POKHARA, March 23: The Hotel Pauwa Pvt Ltd has established a new hotel in tourist city Pokhara with the investment of Rs 100 million. This is the 11th hotel that the company is running.

Samsung to launch Galaxy A34 5G and the Galaxy A54 5G in Nepal

Published On: March 23, 2023 01:26 PM NPT By: Republica

KATHMANDU, March 23: Samsung is set to launch new Galaxy A34 5G and Galaxy A54 5G in Nepal.

KATHMANDU, March 23: Vianet Communication, an internet service provider, has announced the launch of Nepal's first multi-gig Internet connection based on the latest XGS fiber technology with the unveiling of its 2Gbps XGS- Extreme package.

Gold price sees a slight rise

Published On: March 23, 2023 10:40 AM NPT By: Republica

KATHMANDU, March 23:The price of precious yellow metal has increased by Rs 1200 per tola.

KATHMANDU, March 23: During the first eight months of the current Fiscal Year 2022/23, Nepal has imported goods worth one trillion rupees. According to the data of the Department of Customs, goods worth over 1 billion were exported, while the country imported goods worth Rs 1.38 trillion during the period.

NRNA welcomes Social Security scheme for migrant workers

Published On: March 23, 2023 09:30 AM NPT By: Republica

KATHMANDU, March 23: The Non-Resident Nepali Association (NRNA) has said the launching of a social security scheme targeting the Nepali migrant workers and those who are self-employed in foreign land was a great achievement.

Nepal's trade deficit is over Rs 950 billion

Published On: March 22, 2023 04:57 PM NPT By: Republica

KATHMANDU, March 22: Nepal's trade deficit stands at Rs 954 billion in the first eight  months of the current fiscal year.

BAJANI , March 22: Over a decade into construction, the national pride Rani-Jamara-Kulariya irrigation project has been moving forward slower than a snail. It has reached the completion of only less than 50 percent construction when the deadline nears expiry. The deadline will expire in the next fiscal year, 2023/24. The project funded by the World Bank aims to irrigate a total of 38,300 hectares of land.

Where has the money gone?

Published On: March 22, 2023 02:00 PM NPT By: Dilip Paudel

KATHMANDU, March 22: Dhananjay Maharjan, who has been operating a clothes store in Kathmandu's New Road for a long time, used to have a daily business of Rs 100,000 to Rs 150,000 in the past years. He was earning a good income from his clothing store. However, at present his shop barely has a business of Rs 40,000 to Rs 50,000. “There is no money in the market. Customers have also stopped coming to the store," said Maharjan. When asked about the business, he said, "We should ask Nepal Rastra Bank, where has the money gone? Neither the customers come nor is the borrowed amount recovered.” According to Maharjan, the customers have not come because there is no money in the market and the due amount has not been raised as well.

Gold price decreases by Rs 2,000 per tola

Published On: March 22, 2023 12:00 PM NPT By: Republica

KATHMANDU, March 22: The price of gold has decreased by Rs 2,000 per tola today compared to the price of the precious metal on Tuesday.