Govt lifts ban on import of HP Gas

Published On: June 23, 2016 02:17 AM NPT By: Republica

KATHMANDU, June 23:The government has lifted the ban on the import of HP gas cylinders going against the recommendation of a committee of experts it had hired to probe the incident of gas cylinder explosion last month in Lalitpur that killed three people.

KOHALPUR, June 21: As many as 300 Nepalis have been employed at a unit set up for producing cement and iron pipes for a tunnel for the Bheri-Babai Diversion Multipurpose project.

KATHMANDU, June 21: Following widespread criticisms of some of the provisions in a bill to amendment the Bank and Financial Institution Act (BAFIA), a full house meeting of the parliament on Tuesday sent the bill back to the parliament’s Finance Committee for further discussion and revision.

‘Livelihood revival as important as reconstruction’

Published On: June 22, 2016 10:19 AM NPT By: Republica

KATHMANDU, June 21: Nepal’s key development partners have made an unequivocal call to expedite reconstruction work that directly supports livelihood recovery of earthquake-affected communities.

New York appeals court rules in favor of NRB

Published On: June 22, 2016 10:17 AM NPT By: Republica

KATHMANDU, June 21: An eight-year saga finally ended on Monday after a US court ruled in favor of NRB which will now be able to access the $ 1 million from its New York account that had been frozen in 2010.

Siddhartha Bank starts operations after merger

Published On: June 22, 2016 10:12 AM NPT By: Republica

KATHMANDU, June 21: Siddhartha Bank Ltd (SBL) has started operations Tuesday after successfully completing its merger with Business Universal Development Bank Ltd (BUDBL).

Ncell unveils ‘Day Voice Pack’

Published On: June 22, 2016 10:09 AM NPT By: Republica

KATHMANDU, June 21: Telephone service provider Ncell has announced its ‘Day Voice Pack’ scheme offering its prepaid subscribers 30 minutes on-net talk-time for Rs 8 (including taxes).

Emirates inaugurates new office

Published On: June 22, 2016 10:06 AM NPT By: Republica

KATHMANDU, June 21: Dubai-based airline Emirates has inaugurated its newly refurbished sales office located at the Saakha Building in Hattisar, Kathmandu.

Gas bottlers' cartel flouts law as govt looks on

Published On: June 22, 2016 03:13 AM NPT By: Sujan Dhungana

Reacting to the government's decision last week to suspend PDO for Himalayan Petrochemical Pvt Ltd (which supplies HP Gas), Nepal LP Gas Industry Association on Monday directed all bottlers to not collect PDO from NOC for an indefinite period.This is against the Essential Services Operation Act, 2014.

Blockade institutionalized ‘black economy’: Experts

Published On: June 21, 2016 10:04 AM NPT By: Republica

KATHMANDU, June 20: Experts said Monday that the five month long blockade not only fueled the black economy and corruption but also institutionalized them.