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.

Karnali Province lacks mechanism to register tourist arrivals

Published On: February 11, 2020 09:55 AM NPT By: Republica

BIRENDRANAGAR, Feb 11: The government of Karnali Province has set a target of welcoming 100,000 international tourists in 2020 which is being celebrated by the federal government as Visit Nepal Year (VNY) campaign.

KATHMANDU, Feb 11: The government is planning to provide full compensation for land acquired for electricity transmission lines. Barshaman Pun, Minister for Energy, Water Resources and Irrigation, has said that the government is planning to provide full compensation to those whose land is occupied by the government for transmission line during the inauguration of the statue of late Post Bahadur Bogati in Nagarkot.

Nepse finds support at 1,320 points

Published On: February 11, 2020 09:10 AM NPT By: Republica

KATHMANDU, Feb 11: After trading briefly in green in the morning on Monday, the Nepal Stock Exchange (Nepse) index saw a pullback at mid-day and traded in red for roughly an hour. However, stocks saw strength in the latter half of the trading session and recouped its earlier losses with Nepse closing the day with a modest gain of 4.28 points at 1,324.26 points.

Rasuwagadhi Hydropower faces problem in tailrace tunnel digging

Published On: February 11, 2020 09:00 AM NPT By: Republica

RASUWA, Feb 11: The under-construction Rasuwgadhi Hydropower Project in Rasuwa has faced a problem in digging of tailrace tunnel due to weak geological conditions.

MoCTCA prepares to release 2nd tranche of subsidy

Published On: February 11, 2020 08:36 AM NPT By: Republica

KATHMANDU, Feb 11: The Ministry of Culture, Tourism and Civil Aviation (MoCTCA) is preparing to release second tranche of subsidy for 100 new tourism destinations across the country.

Upper Karnali Hydropower Project likely to sign PPA by May

Published On: February 10, 2020 10:33 AM NPT By: Muna Sunuwar

KATHMANDU, Feb 10: The Upper Karnali Hydropower Project (UKHP) is likely to sign the Power Purchase Agreement (PPA) within three months as it has received the letter of intent (LoI) from the government of Bangladesh.

DHANGADHI, Feb 10: Civil Aviation Authority of Nepal (CAAN) has prepared a 20-year master plan to upgrade Dhangadhi Airport into an international airport.

CG says abiding by government rules to get unified license

Published On: February 10, 2020 09:56 AM NPT By: Republica

KATHMANDU, Feb 10: CG Communications Pvt Ltd on Sunday said that it has paid Rs 449.45 million in different fees to the government and is abiding by the prescribed government rule in a bid to receive unified license.

Nepse down as market extends correction further

Published On: February 10, 2020 09:54 AM NPT By: Republica

KATHMANDU: Local stocks remained under pressure throughout Sunday's trading session as the Nepal Stock Exchange (Nepse) index dropped more than 10 points in the initial trading hour. After a failed attempt of recovery after midday, the market saw a steady decline pushing the index 13.70 points lower at 1,319.99 points.

144,000 workers join social security scheme

Published On: February 9, 2020 11:58 AM NPT By: RSS

KATHMANDU, Feb 2: The number of workers joining the contribution-based social security scheme has crossed 144,000.