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.

KATHMANDU, Feb 12: Nepal and the Democratic Republic of Timor-Leste have established diplomatic relations. With this, the number of countries with which Nepal has bilateral diplomatic relations has reached 173.

Nepse lost 2.61 point percent last week

Published On: February 12, 2022 04:20 PM NPT By: Republica

KATHMANDU, Feb 12: Nepal Stock Exchange (Nepse) slid 75.18 points during last week trading despite a positive development seen at the political front with the government announcing the date for local polls.

KATHMANDU, Feb 12: As the Ministry of Finance has secured a source of Rs. 210 million for the operation of Jayanagar-Kurtha railway, the technical testing of the railway is set to begin on 13 February.

Korea stops taking Nepali workers due to rise in COVID-19 cases

Published On: February 12, 2022 10:00 AM NPT By: Republica

KATHMANDU, Feb 12: The Korean government has suspended the ongoing process to take Nepali migrant workers from Nepal as well as other other countries as the rate of transmission of the COVID-19 virus began to increase rapidly in South Korea.

KATHMANDU, Feb 11: The Government of Nepal had allocated Rs 3.53 billion for the construction of the Gautam Buddha International Airport in the current fiscal year. However, the project has made financial progress of just Rs 180 million in the first half of the current fiscal year.

KATHMANDU, Feb 11: The projects declared as national pride could not spend their budgets effectively, to say the least, according to the half-yearly evaluation and review report of the budget for the current fiscal year 2021\/2022 released by the Ministry of Finance on Thursday.

KATHMANDU, Feb 11: Minister for Labor, Employment and Social Security, Krishna Kumar Shrestha has said that the government is committed to making foreign employment safe and more fruitful.

KATHMANDU, Feb 11: Although the government has already allocated Rs 10 billion in the current budget for the election, the Election Commission has sought an additional Rs 40 billion to conduct the upcoming local level election. Information to this was shared by the Finance Minister during a program organized to unveil the bi-annual report of the current budget.

KATHMANDU, Feb 11: Nepal Rastra Bank (NRB), has asked importers to deposit hard cash in advance to import additional goods that fall in the list of additional 27 harmonic codes.

Blames unsatisfactory utilization of capital expenditure on the late implementation of budget this year