WASHINGTON, May 8: Chinese Vice Premier Liu He goes to Washington for trade talks on Thursday and Friday, setting up a last-ditch bid for progress toward a deal that would avoid a sharp increase in tariffs on Chinese goods ordered by U.S. President Donald Trump.

Govt begins homework to amend Public Procurement Act

Published On: May 8, 2019 02:39 PM NPT By: Republica

KATHMANDU, May 8: The government has started homework to amend the Public Procurement Act to accelerate the stalled development projects, Finance Minister Yubaraj Khatiwada said on Wednesday.

KATHMANDU, May 8: Former Finance Minister Gyanendra Bahadur Karki has urged the government to give high priority on poverty reduction and unemployment in the fiscal year budget.

KATHMANDU, May 8: The government has made it easier for earthquake survivors to apply for concessional loans to rebuild their houses.

KATHMANDU, May 8: Chaudhary Foundation will run the survey for Doing Good Index (DGI) 2020 in Nepal. At an event organized in Kathmandu on Tuesday, the foundation announced that the survey will examine the environment for philanthropic works and private social investment in the country.

DAMAK, May 8: Tea workers have intensified their protest, demanding the implementation of Labor Act.

KATHMANDU, May 8: Three professional bodies of private sector have criticized the Nepal Electricity Authority (NEA) for billing industries for electricity that they did not consume.

SC continues stay order on Ncell tax

Published On: May 8, 2019 06:30 AM NPT By: Republica

KATHMANDU May 8: Giving continuity to the short-term stay order it issued on April 25, the Supreme Court Tuesday directed the government to put the process of collecting capital gains tax (CGT) from telecommunications company Ncell Private Limited on hold.

Policy and program passed with majority

Published On: May 7, 2019 06:36 PM NPT By: Republica

KATHMANDU, May 7: The meeting today of the House of Representatives has passed with a majority the policy and programs presented by the government for the fiscal year 2076/77.

KATHMANDU, May 7: Bank's lending to service industry has jumped by 18 percent over the first eight months of the current fiscal year 2018/19, reflecting buoyant sentiment among investors on what is called a tertiary sector in the economy.