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Govt, private sector take initiatives for daily Dhaka-Pokhara flights
Published On: June 13, 2024 11:05 AM NPT By: Santosh Pokharel
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.
Global IME Bank receiving US $ 25 million loan from UK’s CDC Group
Published On: December 15, 2021 06:17 PM NPT By: Republica
KATHMANDU, Dec 15: Global IME Bank Ltd is receiving a loan worth US $ 25 million from CDC Group, the development finance institution of the United Kingdom.
South Korea to spend over Rs 1 billion for polytechnic institute in Province 2
Published On: December 15, 2021 02:30 PM NPT By: Republica
KATHMANDU, Dec 15: The Government of Nepal and the Government of the Republic of Korea have signed a Memorandum of Understanding (MoU) for the establishment of a polytechnic institute for construction workforce development in Province 2.
Sasto Deal celebrates its 10th year anniversary
Published On: December 15, 2021 12:28 PM NPT By: Republica
KATHMANDU, Dec 15: Sasto Deal, an online shopping store in Nepal celebrated its 10th anniversary. In the event, Vinay Mohan Kwatra, ambassador of India to Nepal was the chief guest, who officially inaugurated the anniversary event.
Bangladesh seeks to purchase electricity produced by Nepal’s private sector
Published On: December 15, 2021 07:05 AM NPT By: Republica
KATHMANDU, Dec 15: Bangladesh has expressed its interest to sign power purchase agreement (PPA) directly with Nepal's private sector hydropower producers.
Govt steps up to take action against three contractors for delaying construction
Published On: December 15, 2021 06:30 AM NPT By: Republica
KATHMANDU, Dec 15: The government has asked for clarifications from three construction companies, including Pappu Construction, for delaying work.
Nepse stages sharp recovery following five-day losing streak
Published On: December 14, 2021 06:40 PM NPT By: Republica
KATHMANDU, Dec 14: The Nepalese equity market saw notable buying enthusiasm since the beginning of Tuesday’s session. After a surge of 60 points, the index saw minor correction at mid-day. Nonetheless, the bourse continued to advance hitting the two hour circuit breaker limit of positive 5%. After a trading halt for 40 minutes, the index rose another 1%, as Nepse closed the session at day’s circuit filter of positive 6%. Nepse witnessed a massive gain of 137.18 points to end at 2,418.84.
Mega Bank endorses 10 percent bonus shares for shareholders
Published On: December 14, 2021 06:23 PM NPT By: Republica
KATHMANDU, Dec 14: Mega Bank Nepal Limited is providing its shareholders with a 12.07 percent dividend including bonus shares.
Billions of rupees of depositors in cooperatives at risk due to lack of effective regulation
Published On: December 14, 2021 06:30 AM NPT By: RAJESH KHANAL
KATHMANDU, Dec 13: Cooperatives, member-based local organizations that are supposed to work in the interest of the general public, have instead been found cheating the small savers time and again, thanks to poor monitoring by the regulator.
Nepse red for a fifth straight session
Published On: December 13, 2021 07:10 PM NPT By: Republica
KATHMANDU, Dec 13: The Nepal Stock Exchange (Nepse) index continued its sharp downside move on Monday. After witnessing highly volatile trading in the initial hour, the bourse succumbed to the selling pressure seen in the latter half of the session. Consequently, Nepse fell almost 80 points to close session at 2,281.67.
New strategy needed to stop foreign employment fraud: Minister Shrestha
Published On: December 13, 2021 03:04 PM NPT By: Republica
KATHMANDU, Dec 13: Minister for Labor, Employment and Social Security, Krishna Bahadur Shahi has said that vocational and skill development centers will be established in all seven provinces of the country.
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