Silk Transport, Musa Logistics sign logistics services deal

Published On: August 5, 2019 08:55 AM NPT By: Republica

KATHMANDU, Aug 5: Silk Transport, Nepal, has signed an agreement with Musa Logistics, China, for logistics services from China to Nepal. Chairman of Silk Transport Ramesh Sherpa and Chairman of Musa Logistics Shirong Zhang  signed the agreement last week.

Nepse opens week with moderate losses

Published On: August 5, 2019 08:50 AM NPT By: Republica

KATHMANDU: Stocks began Sunday's trading on a slightly positive note as the Nepal Stock Exchange (Nepse) index gained a couple of points in the morning session. However, weakness ensued after midday as the benchmark index posted a steady decline throughout the remaining trading hours. Nepse eventually closed the day with a modest loss of 4.20 points at 1,259.64 points.

Property worth Rs 3.59 billion damaged in State-2

Published On: August 4, 2019 06:30 PM NPT By: RSS

KATHMANDU, August 4: Property worth around Rs 3.59 billion was damaged by landslide and inundation following excessive rainfall in July in State 2, according to the Ministry of Agriculture and Livestock.

22 percent physical progress in Arun III

Published On: August 4, 2019 05:30 PM NPT By: RSS

KATHMANDU, August 4: The Arun III Hydropower Project based in Sankhuwasabha district has reported 22 percent in physical construction . The 900-megawatt project is being developed by the Satlaj Jal Vidyut Nigam

Tax compulsory: Finance Minister Dr Khatiwada

Published On: August 4, 2019 04:30 PM NPT By: RSS

LALITPUR, August 4: Minister for Finance, Dr Yubaraj Khatiwada has said the government was active to intensify the pace of development by ensuring social security to the citizens by collecting tax through a healthy tax administration.

Has NRB put BoP stability on back burner?

Published On: August 4, 2019 09:15 AM NPT By: Sagar Ghimire

KATHMANDU, Aug 4: The country's external sector position is likely to worsen in the current fiscal year 2019/20 as Nepal Rastra Bank (NRB) has focused on supporting the government's growth target rather than the stability of price and balance of payment (BoP).

MetLife signs agreement with Karkhana

Published On: August 4, 2019 08:00 AM NPT By: Republica

KATHMANDU, Aug 4: MetLife Nepal has signed an agreement with Karkhana to provide special discounts for the children of MetLife Education Protection Plan policyholders.

Budweiser, Foster's beers to be produced in Nepal

Published On: August 4, 2019 07:45 AM NPT By: Republica

KATHMANDU, Aug 4: Raj Brewery Pvt Ltd has entered into a partnership with Anheuser-Busch InBev to produce and bottle some of the best-known beer brands in the world. Raj Brewery has been producing Germany's iconic brand Warsteiner Premium German Beer since 2018.

Somersby signs up Sushant KC as brand ambassador

Published On: August 4, 2019 07:30 AM NPT By: Republica

KATHMANDU, Aug 4: Somersby Apple Cider has signed up singer Sushant KC as its brand ambassador for one year starting August.

Dry port resumes operation after two days of shutdown

Published On: August 4, 2019 07:15 AM NPT By: Ritesh Tripathi

BIRGUNJ, Aug 4: Birgunj Dry Port, the only dry port of Nepal that connects Kolkata, Haldiya and Visakhapatnam ports of India through rail-line, resumed operation on Saturday after remaining shut for two days.