PALPA, Sept 17: Despite high demand of coffee both in internal and foreign markets, the country is producing coffee far below its capacity.

Nepse drops 16 points, extends losing run to eighth straight day

Published On: September 17, 2019 08:13 AM NPT By: Republica

KATHMANDU, Sept 17: The Nepal Stock Exchange (Nepse) index fell below 1,140 points at the start of Monday's session and continued to see weakness throughout the day. The benchmark index wavered along 1,135 points mark in the afternoon but gave up notable ground in the closing hours to end the day 16.18 points lower at a 6-month low of 1,123.83 points.

Middlemen eat into profit of Jumla apple farmers

Published On: September 17, 2019 08:09 AM NPT By: GANESH BISHU

BIRENDRANAGAR, Sept 16: The price of apples in Birendranagar is three-four times higher than in Jumla where the fruits are sourced from.

North Koreans told to take their investments back by October-end

Published On: September 17, 2019 08:03 AM NPT By: Republica

KATHMANDU, Sept 17: The government has asked North Korea to take back its investment made in Nepal by October in view of the UN Security Council Resolution against Pyongyang.

World Bank's recommendation on fewer banks 'lacks logic'

Published On: September 17, 2019 05:47 AM NPT By: Republica

KATHMANDU, Sept 17: A recent World Bank report recommended that the government further consolidate the banking sector and lower the number of commercial banks in the country to less than 15.

More people aspire to climb Mount Manaslu this autumn

Published On: September 16, 2019 06:30 PM NPT By: RSS

KATHMANDU, Sept 16: 395 mountaineers from 47 expedition teams have received route permits so far to climb different mountain peaks in Nepal including Mount Everest for this autumn season.

Pakistan-Nepal trade fair kicks off in capital

Published On: September 16, 2019 03:05 PM NPT By: Kamal Subedi

KATHMANDU, Sept 16: 'Pakistan-Nepal Friendly Trade Fair 2019' has kicked off at United World Trade Center in Tripureshwor in the capital on Monday.

OxyContin maker Purdue Pharma files for bankruptcy protection

Published On: September 16, 2019 01:00 PM NPT By: Reuters

NEW YORK, Sept 16: OxyContin maker Purdue Pharma LP filed for bankruptcy protection Sunday night, succumbing to pressure from more than 2,600 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic.

NEA tells landlords not to charge tenants arbitrarily

Published On: September 16, 2019 10:36 AM NPT By: Republica

KATHMANDU, Sept 16: Nepal Electricity Authority (NEA) has announced that landlords cannot charge their tenants higher tariff on electricity than the normal charges set by the authority.

Entrepreneurs say lack of connectivity has reduced business

Published On: September 16, 2019 10:33 AM NPT By: Santosh Pokharel

POKHARA, Sept 16: Entrepreneurs in Pokhara have said that the tourism business has not been able to grow due to poor management of airways and road mechanism.