KATHMANDU, May 24: China has urged Nepal to embrace a ‘very pragmatic approach’ to deal with foreign payment service providers and platforms including Alipay and WeChat Pay.

KATHMANDU, May 24: While stating that construction of the trans-border railway between Nepal and China through high-altitude mountain terrain is not an ‘easy job’, Chinese ambassador to Nepal Hou Yanqi has said that they have the determination to implement the project even as it requires further ‘scientific studies’.

SURKHET, May 23: Minister for Industry, Commerce and Supply, Matrika Prasad Yadav, has said that the federalism would be successful only if there would be coordination among three-tier governments.

Outbound Nepalis spent Rs 68 billion in nine months

Published On: May 23, 2019 10:02 AM NPT By: Republica

KATHMANDU, May 23: Nepalis travelling abroad spent a total of Rs 67.94 billion in first nine months of the current fiscal year – FY2018/19.

Rasuwagadhi customs to implement Asycuda from June 16

Published On: May 23, 2019 10:00 AM NPT By: Republica

RASUWA, May 23: Rasuwagadhi Customs Office is starting customs clearance suing computerized system from June 16.

Axiata’s request for int’l arbitration registered

Published On: May 23, 2019 07:39 AM NPT By: Republica

KATHMANDU, May 23: The International Centre for Settlement of Investment Disputes (ICSID) on Monday registered a case filed by Axiata UK and Ncell against the government of Nepal over capital gains tax levied by the tax authorities in Nepal, according to the ICSID website. The entity is part of the World Bank Group.

BHAIRAHAWA, May 23: Blacktopping of runway at the under-construction Gautam Buddha International Airport has been completed.

Stocks climb as energy stocks continue to outperform

Published On: May 23, 2019 02:30 AM NPT By: Republica

KATHMANDU, May 22: The local bourse opened Wednesday's trading on a positive note as the benchmark Nepal Stock Exchange (Nepse) index climbed more than 10 points to 1,322 points mark in the morning.

Finance Minister Khatiwada claims effectiveness in revenue system

Published On: May 22, 2019 04:00 PM NPT By: RSS

KATHMANDU, May 22: A session of the House of Representatives today endorsed a proposal tabled seeking the consideration over the 'Revenue Leakage (Investigation and Control- First Amendment) Bill-2075 BS'.

Inflation moderates to 4.4 percent on subdued food prices

Published On: May 22, 2019 10:35 AM NPT By: Republica

KATHMANDU, May 22: Inflation has moderated to 4.4 percent in the ninth month of the current fiscal year 2018/19 from 5.3 percent a year ago mainly due to subdued food prices.