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 extends gain for third straight day

Published On: February 13, 2020 09:56 AM NPT By: Republica

KATHMANDU: After crossing 1,350 points mark in the morning on Wednesday, the Nepal Stock Exchange (Nepse) index succumbed to some selling pressure and pulled back to its opening level at around 1,141 points within the first hour. Nonetheless, the index held ground in the positive territory throughout the session to finally 4.6 points higher at 1,345.97 points.

KATHMANDU, Feb 13: The government on Wednesday expressed its firm determination to achieve its target of economic growth after revising the earlier announced budget size and expected expenditures allocated for development works.

Budget resized to 90.4%; trade deficit falls by 6.1%

Published On: February 12, 2020 06:05 PM NPT By: Kamal Subedi

KATHMANDU, Feb 12: Minister for Finance Dr Yubaraj Khatiwada has informed that the size of the budget of the current fiscal year has been reduced to Rs 1 trillion 385 billion and 963 million considering the fact that only 90.4 percent of the total budget is estimated to be spent.

Nepal-US potential investment areas discussed in Pokhara

Published On: February 12, 2020 12:00 PM NPT By: RSS

KASKI, Feb 12: A team from the United States (US) has arrived Pokhara to explore investment potentials in Gandaki Province. The delegates representing Washington DC-based Nepal Development Consortium (NDC) held an interaction with entrepreneurs and industrialists of Pokhara on Tuesday.

VNY off to a slow start as arrivals fall 2% in Jan

Published On: February 12, 2020 10:23 AM NPT By: Muna Sunuwar

KATHMANDU, Feb 12: Tourist arrivals into the country fell by 2% in the first month of 2020 which is being celebrated as Visit Nepal Year 2020 campaign.

Myagdi goat farmer earning Rs 2 million annually

Published On: February 12, 2020 10:17 AM NPT By: Republica

MYAGDI, Feb 12: Ananda Rijal of Toripani in Beni Municipality-9 of Myagdi district has been earning Rs 2 million annually after he ventured into commercial goat farming.

Ncell to collaborate with Microsoft to provide cloud services

Published On: February 12, 2020 09:59 AM NPT By: Republica

KATHMANDU, Feb 12: Ncell Pvt Ltd has announced its collaboration with Microsoft Corp to provide Microsoft's productivity and communications solutions, cloud resources and online meeting tools in Nepal.

Nepse up for a second straight day

Published On: February 12, 2020 09:55 AM NPT By: Republica

KATHMANDU: The Nepal Stock Exchange (Nepse) index witnessed a surge in the morning on Tuesday before pulling back slightly at mid-day. Nonetheless, the index saw strength throughout the latter trading hours and wavered around 1,140 points. At the close, the index registered a gain of 17.11 points to close the day at 1,341.38 points.

KATHMANDU, Feb 11: The Inland Revenue Department on Tuesday introduced a new system, according to which, the consumers who make purchases through electronic means would be able to get a 10 percent rebate on the 13 percent VAT they have paid to the government.

Poultry business faces loss of Rs 18 billion

Published On: February 11, 2020 03:15 PM NPT By: RSS

CHITWAN, Feb 11: The poultry business has come across a staggering loss of Rs 18 billion in the last year.