myRepublica - The New York Times Partner, Latest news of Nepal in English, Latest News Articles

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.

With runway blacktopped, Lumbini moves closer to opening a new int'l airport

Published On: May 23, 2019 06:00 AM NPT By: MOHAMMAD HABIB

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.

Pre-budget cash offer on Datsun cars

Published On: May 22, 2019 10:29 AM NPT By: Republica

KATHMANDU, May 22: Datsun Nepal has announced its 'PRE-BUDGET – BUZZ8 OFFER' scheme on Datsun cars. Under the offer, the company is providing additional offer with cash benefits with every purchase of Datsun car.

MetLife's head of strategic growth markets visits Nepal

Published On: May 22, 2019 10:25 AM NPT By: Republica

KATHMANDU, Maay 22: MetLife's executive vice president and head of strategic growth markets for Asia, Rebecca Tadikonda, is on a visit to Nepal.

FCAN expresses dissent against new procurement rules

Published On: May 22, 2019 09:53 AM NPT By: Republica

KATHMANDU, May 22: Construction entrepreneurs have expressed their reservations against some of the provisions in sixth amendment to Public Procurement Rules 2007, saying that the law will affect the entire construction sector and push the industry to the brink of collapse.

Case for arbitration filed by Ncell, Axiata officially registered at UK-based ICSID

Published On: May 22, 2019 08:15 AM NPT By: Santosh Ghimire

KATHMANDU, May 22: A case filed by the Ncell and its parent company Axiata Group for arbitration regarding the capital gains tax (CGT) assessed on the telecom company by the Government of Nepal has been officially registered at the International Centre for the Settlement of Investment Disputes (ICSID).