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.

Dharan hosts first commercial zip flyer adventure in province 1

Published On: March 8, 2020 11:15 AM NPT By: RSS

ITAHARI, March 8: Commercial operation of a zip flyer adventure began in province 1 from Saturday. Chief Minister of province 1 SherdhanRai officially inaugurated the 650-meter-long pioneer zip flyer project.

Tourism entrepreneurs ask for 50% waiver in taxes

Published On: March 8, 2020 10:15 AM NPT By: Republica

KATHMANDU, March 8: Tourism entrepreneurs have asked the government to provide them with 50% waiver in taxes due to the slowdown in the tourism business as the widespread outbreak of coronavirus continues to affect tourist arrivals in the country.

Biratnagar starts building exhibition hall

Published On: March 8, 2020 09:50 AM NPT By: Binod Subedi

BIRATNAGAR, March 8: The Biratnagar Metropolitan City (BMC) has announced that it is preparing to construct an industrial exhibition hall in the premises of the Nepal Oil Corporation office in Biratnagar. The industrial exhibition hall will be constructed under the partnership of the provincial government, BMC and local stakeholders.

Effective database systems for co-ops in pipeline

Published On: March 8, 2020 09:30 AM NPT By: RAJESH KHANAL

KATHMANDU, March 8: The government in a bid to improve information management system of cooperatives has stepped up to enforce Copomis and Credit Information System in the sector.

LALITPUR, March 7: Minister for Industry, Commerce and Supply Lekhraj Bhatta has warned of stern action against those trying to create an artificial shortage of essentials and petroleum products.

KATHMANDU, March 7: The airline operators of Nepal have decided to proportionately ground their aircraft as the demand of air service is likely to decline due to the impact of the global coronavirus crisis. Yog Raj Kandel, spokesperson at the Airlines Operators Association of Nepal (AOAN) said that, the decision comes in the wake of the need to minimize the flying cost of aircraft. “Our proposition is to use aircraft as per the requirement to control the operating cost,” he said, “This time of the year is already an off-season for tourists and with the fear of coronavirus, aviation industry has been hit hard.”

Construction of Kuine bridge gains momentum

Published On: March 7, 2020 12:24 PM NPT By: Yogesh Rawal

TIKAPUR, March 7: The construction work of Kuine bridge which started last year, is gaining momentum with 60% of the work completed so far. According to the construction company Anak-Lumbini JV, the construction work is being carried out under the 'Multi-Span Arch' design.

NAWALPARASI, March 7: Sugarcane farmers of Nawalparasi are still waiting for their payments worth Rs 190 million from two sugar mills in the region. The government and sugar industrialists had signed an agreement to pay all the remaining payment to sugarcane farmers within January 21.

Gold price increases Rs 1,800 in a single day

Published On: March 7, 2020 12:15 PM NPT By: Republica

KATHMANDU, March 7: The price of gold has hit a new record of Rs 82,500 per tola (11.664 grams) in the domestic market on Friday.

Nepse erases previous week's gains in wild week

Published On: March 7, 2020 12:08 PM NPT By: Republica

KATHMANDU: The local equity market began the week on a negative footing as the Nepal Stock Exchange (Nepse) index saw a loss of over 40 points on Sunday. The index stretched its losing spree further, with the index dropping over 96 points on Monday, hitting the negative circuit of 6%. The major average found some footing in Tuesday's volatile trading session with the index closing 14 points higher.