Stocks close week firmly lower

Published On: December 3, 2021 07:30 PM NPT By: Republica

KATHMANDU, Dec 3: The Nepal Stock Exchange (Nepse) index opened this week’s trading on a weak note with the benchmark losing more than 80 points on Sunday. Weakness prevailed with dips of 21 points and 1 point on Monday and Tuesday. After an attempt of recovery on Wednesday with a 5-point rise, the index extended its losing spree on Thursday with another drop of almost 50 points. Eventually, the stock market closed the review period with a loss of 145.59 points or 5.33% at 2,586.19.

KATHMANDU, Dec 3: Qatar Airways has earned the title of ‘World Class’ airline and ‘2022 Five Star Global Airline’ at the APEX/IFSA Awards, in addition to securing two additional awards including APEX Passenger Choice Awards® for Best Food & Beverage and Best Seat Comfort.

Gold price drops by Rs 200

Published On: December 3, 2021 11:55 AM NPT By: Republica

KATHMANDU, Dec 3: The price of gold decreased by Rs 200 on Friday. The price of gold in the domestic market has been fixed at Rs 91,300 per tola now.

KATHMANDU, Dec 3: The government has decided to impose a ban on the arrival of people from nine countries including those from the African continent which recorded the cases of Omicron virus. The decision came into effect at midnight Thursday.

KATHMANDU, Dec 3: About half of the transactions in Nepal’s service sector take place in Bagmati Province, where the country’s Federal Capital Kathmandu lies.

Nepse ends the week on lower note

Published On: December 2, 2021 07:45 PM NPT By: Republica

KATHMANDU, Dec 2: The local bourse started on a positive note but failed to sustain in the positive territory and within a few minutes the trading market pulled back to trade in red. The benchmark dropped over 20 points till mid-day.  Later on, the index continued to falter throughout the afternoon. At the close, Nepse was down 49.04 points against the session earlier at 2584.61

KATHMANDU, Dec 2: The government has forwarded activities making a special plan for upgrading the power system in the hilly districts of Karnali and Sudur Paschim provinces.

KATHMANDU, Dec 2: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has urged the government to simplify the policy and procedural difficulties in taxation.

BYD delivers first electric ambulance in Nepal

Published On: December 2, 2021 04:37 PM NPT By: Republica

KATHMANDU, Dec 2: Cimex Inc Pvt Ltd, the authorized distributor of BYD Auto Co Ltd in Nepal, has successfully completed the handover of the first electric ambulance BYD T3 in Nepal to KIST Medical College and Teaching Hospital on 30th November, 2021 on the premises of the hospital at Gwarko, Lalitpur.

KATHMANDU, Dec 2: Nepal launch of the Global Migration Film Festival (GMFF) 2021 was marked on December 1 in Pokhara with screening of a Nepali feature film Bulbul, a film that revolves around lives of a migrant’s family.