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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.
Nepse rallies 20 points after Thursday’s correction
Published On: February 17, 2020 09:56 AM NPT By: Republica
KATHMANDU: Stocks witnessed slight gain in the initial trading hour on Sunday. The benchmark Nepal Stock Exchange (Nepse) index plateaued at mid-day before posting a steady advance in the latter trading hours. The Nepse index ended Sunday's trading on a firmly bullish note with a gain of 19.39 points at 1,363.97 points.
Inflation surpasses govt target to reach 6.41%
Published On: February 17, 2020 08:28 AM NPT By: Republica
KATHMANDU, Feb 17: Though the government had set a target to keep the consumer price rise below 6 percent, the average inflation has reached 6.41 percent in the first six months of the current fiscal year 2019/20.
How hydro companies are cheating shareholders
Published On: February 17, 2020 07:59 AM NPT By: Rudra Pangeni
BHATTEDANDA, LALITPUR, Feb 17: Anil Syangten, a farmer of Bhattedanda village in Lalitpur district, borrowed Rs 100,000 at 24 percent interest from a local moneylender three years ago and invested in shares of Khanikhola Hydropower Co Ltd (KKHC). He was one of the hundreds of investors who believed that investment in initial public offering (IPO) of a hydropower project was like buying gold.
EIB to provide Rs 12.4 billion grant to Nepal
Published On: February 16, 2020 06:10 PM NPT By: RSS
KATHMANDU, Feb 16: The European Investment Bank (EIB) will provide Rs 12.4 billion grant to the Government of Nepal for its electricity system upgradation project.
CIAA stresses need to revise public procurement laws
Published On: February 16, 2020 11:32 AM NPT By: Republica
KATHMANDU, Feb 16: The Commission for the Investigation of Abuse of Authority (CIAA) has stressed on the need for revising the existing Public Procurement Act to address the problems seen in the timely construction of the infrastructure projects.
Dhading women attracted to mushroom farming
Published On: February 16, 2020 11:25 AM NPT By: Sarita Shrestha
DHADING, Feb 16: Women from Damgade Batase-12, Nilkantha Municipality of Dhading have started group mushroom farming through cooperatives to generate income. The group's first harvest of mushroom has already found buyers in the district.
Apple production area in Jumla continues to expand
Published On: February 16, 2020 11:11 AM NPT By: Dhan Bahadur Budha
JUMLA, Feb 16: The total area for apple farming in Jumla district is increasing on a yearly basis. Farmers in Jumla are attracted to apple farming as they have been able to generate profit from the venture. Jumla is famous for its organic apples and the demand for the product is increasing in the domestic market.
12 years on, Darkhe Khola hydro project still incomplete
Published On: February 16, 2020 11:06 AM NPT By: Suman Malla
MUGU, Feb 16: Darkhe Khola Laghu Hydropower Project of Chhayanath Rara Municipality-14 still awaits completion twelve years since construction began for the project. In 2007, Darkhe Khola Laghu Hydropower Project with 19-kilowatt capacity began construction for the residents of three villages of Chhayanath Rara Municipality-14 with the help of the District Energy Department but the work stopped in the final stages of the project due to lack of funding.
Timber import down by 20 percent
Published On: February 15, 2020 03:30 PM NPT By: RSS
KATHMANDU, Feb 15: Import of timber into the country has decreased by 20 percent following the adoption of a policy to increase production.
Lack of Chinese manpower halts work at hydropower projects
Published On: February 15, 2020 11:06 AM NPT By: Republica
KATHMANDU, Feb 15: The construction works of Khimti-2 Hydroelectric Project and Langtang Khola Hydroelectric Project (HEP) have come to a total halt as Chinese manpower have not returned to work due to the coronavirus outbreak in China.
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