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.

NAC loses millions of rupees due to pilot’s refusal to fly

Published On: July 13, 2022 02:14 PM NPT By: Arun Bam

KATHMANDU, July 13: It has been revealed that the Nepal Airlines Corporation (NAC) has been constantly incurring losses as a result of the 'disobedience' of acting general manager, Dipuraj Jwarchan.  Between June 30 and July 4, the corporation suffered a loss of Rs 11.7 million.

Indications that cement could cover current trade deficit

Published On: July 13, 2022 12:05 PM NPT By: Dilip Paudel

KATHMANDU, July 13: Cement export to India has started after the government took a policy to encourage exports. Palpa Cement, located at Sunuwal-7 in Nawalparasi, exported cement to India last week.

Blacktopped Beni-Simkhand road benefits Myagdi folks

Published On: July 13, 2022 11:18 AM NPT By: Republica

GALESHWOR, July 13: The Beni-Simkhand road in Myagdi district has been blacktopped after 16 years of construction. Blacktopping the road has benefited locals in various ways. With this, the two-hour long travel on foot has now been reduced to only 25 minutes, said Bhuvan Buda, a local resident of Malika-5.

Export via Chobhar dry port begins

Published On: July 13, 2022 10:05 AM NPT By: Republica

KATHMANDU, July 13: Export through the dry port at Chobhar in Kathmandu has begun by transporting a truck laden with home-made woolen items to Denmark for the first time on Tuesday, according to the Chobhar Customs Office.

KATHMANDU, July 13: Nepal spent Rs 292.77 billion to import petroleum products in the first 11 months of the current fiscal year, which was 88.7 percent more than the imported amount of fossil fuels during the review period last year.

Inflation doubles in a year

Published On: July 12, 2022 07:20 PM NPT By: Republica

KATHMANDU, July 12: While the country’s economy has been facing problems due to issues in the external sector since the beginning of the current fiscal year, the data as of June has been somewhat positive.

KATHMANDU, July 12: The parliamentary probe committee formed earlier to investigate the involvement of unauthorized persons by former Finance Minister Janardan Sharma to manipulate tax rates in the annual budget for fiscal year 2022/23 has directed the Ministry of Finance (MoF) to provide CCTV footage and other related documents.

Nepse inches up 11.68 points on Tuesday

Published On: July 12, 2022 04:25 PM NPT By: Republica

KATHMANDU, July 12: Nepal Stock Exchange (Nepse) on Tuesday inched up 11.68 points to close at 1,927.28 points.

KATHMANDU, JULY 12: Nepal has set a record for the world's highest altitude hotel. Everest Inn Private Limited, in a village near Gorakshep, Everest Base Camp in Solukhumbu district, has become the highest altitude hotel in the world. The hotel is located at an altitude of 5,180 meters. Everest Inn Private Limited has received an official certificate from World Books Records London as the world's highest altitude hotel.

Nepal receives Rs 904 billion in remittance in 11 months

Published On: July 12, 2022 11:35 AM NPT By: Republica

KATHMANDU, July 12: Nepal recorded remittance inflow of Rs 904 billion in the first 11 months of the current fiscal year 2021-22.