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Nepse ends last trading day of the week unchanged
Published On: October 18, 2019 09:07 AM NPT By: Republica
KATHMANDU: Local stocks witnessed choppy trading in the last trading session of the week and wavered along the opening level throughout the day. Thursday’s session, hence, was marked by a relatively low volatility with the Nepal Stock Exchange (Nepse) index closing the day with a marginal gain of 0.71 points at 1,137.75 points.
94 per cent physical works completed at Gautam Budhha Int’l Airport
Published On: October 17, 2019 04:51 PM NPT By: MOHAMMAD HABIB
BHAIRAHAWA, Oct 17: Gautam Buddha International Airport at Bhairahawa, which is currently under construction, has witnessed the overall completion of 82 per cent works. It counts 82 per cent of the physical set-up and 18 per cent of electromechanical works of the project.
Food management, not famine, challenge for Nepal: Minister
Published On: October 17, 2019 10:28 AM NPT By: Republica
KATHMANDU, Oct 17: Minister for Agriculture and Livestock Development Chakrapani Khanal has said that for Nepal, like other South Asian countries, food management has been the real challenge, not famine.
Labor minister discusses welfare of Nepali workers in the UAE
Published On: October 17, 2019 10:27 AM NPT By: Republica
KATHMANDU, Oct 17: Minister for Labor, Employment, and Social Security Gokarna Bista has raised the issue of Nepali workers’ welfare in the United Arab Emirates (UAE), meeting his counterpart Nasser Bin Thani AI Hamali, Minister for Human Resource and Emiratization of the United Arab Emirates (UAE), on Wednesday.
Amlekhgunj depot starts supplying diesel to Bhairahawa, Biratnagar
Published On: October 17, 2019 10:15 AM NPT By: Upendra Yadav
BARA, Oct 17: Nepal Oil Corporation (NOC) has started supplying diesel to sellers in Bhairahawa and Biratnagar from its Amlekhgunj depot, following the operation of the Motihari-Amlekhgunj petroleum pipeline.
Koshi Corridor: New hopes for north-south highway
Published On: October 17, 2019 09:39 AM NPT By: Rohit Rai
DHARAN, Oct 17: It has already been more than a decade since the government started constructing the Koshi Highway connecting Jogbani in the southern border to Kimathanka in the northern border. But there has been no sign of progress so far.
61 percent Nepalis have bank accounts
Published On: October 17, 2019 09:22 AM NPT By: Republica
KATHMANDU, Oct 17: At least 61% of Nepali citizens have bank accounts, according to a financial report recently released by Nepal Rastra Bank, the central bank of Nepal.
Nepse posts modest drop in thin Wednesday trading
Published On: October 17, 2019 09:16 AM NPT By: Republica
KATHMANDU: Local stocks struggled since the beginning of Wednesday's session and continued to see weakness throughout the day. The Nepal Stock Exchange dropped around three points in the initial trading hour and traded flat in the afternoon. Following a slight dip in the final trading hours, the benchmark index closed the day at 1,137.03 points – down 5.01 points against the preceding session.
Only a handful hotels in Pokhara have good occupancy
Published On: October 16, 2019 11:18 AM NPT By: Santosh Pokharel
POKHARA, Oct 16: The 68-room Temple Tree Resort has 95% booking for the month of October. The daily occupancy for the resort averages to 95%. With the onset of tourist season, the hotel does not have to bother about occupancy. It already has 70% pre-booking for November, and expects it to go up to 95% closer to the dates.
Nepal is a green field for investment: Finance minister
Published On: October 16, 2019 11:14 AM NPT By: Republica
KATHMANDU, Oct 16: Minister for Finance Yuba Raj Khatiwada, calling investments from non-resident Nepalis (NRNs), said Nepal was a greenfield for investment.
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