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Nepal takes a step forward to form separate bodies for regulation and service in aviation

Published On: August 7, 2021 07:20 PM NPT By: Republica

KATHMANDU, August 7: Nepal has moved a step forward to split the Civil Aviation Authority of Nepal (CAAN) into two entities, which is the bottom line of the European Union to remove the country’s airlines from the blacklist and allow them to fly in the European airspace.

CIB to probe allegations of misappropriation of depositors’ money by Civil Group’s Chair Tamang

Published On: August 7, 2021 06:45 PM NPT By: Republica

KATHMANDU, August 7: The Central Investigation Bureau (CIB) of Nepal Police is carrying out an investigation into the alleged misappropriation of the depositors’ money by Ichchha Raj Tamang, chairman of the Civil Group, who has been accused of embezzling more than Rs 8 billion through Civil Savings and Credit Cooperative.

4,800 hectares of land to be used for coffee plantation in Pakhribas Municipality

Published On: August 7, 2021 11:07 AM NPT By: Republica

DHANKUTA, August 7: Pakhribas Municipality in Dhankuta has inaugurated a coffee development program citing the high value of Nepal’s coffee in the global market and with an aim to improve the livelihoods of the local farmers.

Nepse closes week slightly higher

Published On: August 6, 2021 07:51 PM NPT By: Republica

KATHMANDU, August 6: The Nepal Stock Exchange (Nepse) index saw upbeat movement since the beginning of the week. While Sunday and Monday saw gains of only 1.25 points and 4 points, buying pressure was seen at mid-week. The benchmark rose 26.02 points on Tuesday followed by a gain of 12.06 points on Wednesday. The final day of the week saw a modest correction as Nepse ended Thursday’s session 12.34 points in red.

SPG Automobiles Pvt Ltd to distribute Chery Cars in Nepal

Published On: August 6, 2021 05:43 PM NPT By: Republica

KATHMANDU, August 6: SPG Automobiles Pvt Ltd, the umbrella company of Sharda Group, has been appointed as the distributor of Chery Cars in Nepal.

Dedicated trunk line dispute: Go through review if arrears are not paid

Published On: August 6, 2021 01:00 PM NPT By: Himal Lamsal

KATHMANDU, August 6: Nepal Electricity Authority (NEA) has advised the industrialists and businessmen to pay the arrears for consuming electricity from the trunk line and dedicated feeder or go through the legal process for a review. According to NEA, the industrialists and businessmen have not paid around Rs 10 billion for electricity from trunk lines and dedicated feeders.

Export of refined oil up 350 percent

Published On: August 6, 2021 11:55 AM NPT By: Ritesh Tripathi

BIRGUNJ, August 6: The export of refined edible oil from Birgunj, the main trade gateway of the country, increased by nearly 350 percent in the fiscal year 2020/21 as compared to the previous year. According to the Birgunj Customs Office, soybean and sunflower oil worth Rs 38 billion was exported through this point in 2020/21.

New physical infrastructure will be differently-abled friendly: Finance Minister Sharma

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