Jhulaghat bridge remains an unmet promise

Published On: February 16, 2019 10:53 AM NPT By: Bira Gadal

BAITADI, Feb 16: The locals of Jhulagaht of Baitadi district have sent a memorandum to the prime minister to immediately build a motorable bridge over the Mahakali River.

NEA, Jal Urja sign PPA

Published On: February 16, 2019 10:48 AM NPT By: Republica

KATHMANDU, Feb 16: Nepal Electricity Authority (NEA) and Jal Urja Pvt Ltd have reached Power Purchase Agreement (PPA) on Friday.

Santro comes back to Nepali market

Published On: February 16, 2019 10:35 AM NPT By: Republica

KATHMANDU, Feb 16: Laxmi Intercontinental Pvt. Ltd. has brought back the all new Hyundai Santro cars in the Nepali market, by launching four variants of the once popular model, in Kathmandu on Thursday.

Nepse tumbles for four weeks in a row

Published On: February 16, 2019 10:30 AM NPT By: Republica

KATHMANDU: Stocks continued to struggle throughout the week as Nepal Stock Exchange (Nepse) index saw red in four out of the five trading days.

KATHMANDU, Feb 16: The Indian government on Friday introduced transshipment procedure using the Electronic Cargo Tracking System, a new procedure facilitating the transport of Nepal bound transit containers from Kolkata/Haldia port.

External sector position worsens further

Published On: February 15, 2019 12:39 PM NPT By: Republica

KATHMANDU, Feb 15: The balance of payment (BoP) position of the country continued to slip in the deficit in the first six months of Fiscal Year 2018/19, indicating that the external sector position of the country is worsening.

Nepse stoops to three-year low

Published On: February 15, 2019 12:30 PM NPT By: Republica

KATHMANDU: The Nepal Stock Exchange (Nepse) dropped to three-year low of 1,112.87 points on Thursday as stocks carried over weaknesses to the last trading day of the week. The benchmark index shed more than 8 points in the first half of Thursday’s session and then wavered throughout the latter trading hours.

Amazon dumps NYC headquarters and its promised 25,000 jobs

Published On: February 15, 2019 10:00 AM NPT By: Associated Press

NEW YORK, Feb 15: Amazon abruptly dropped plans Thursday for a big new headquarters in New York that would have brought 25,000 jobs to the city, reversing course after politicians and activists objected to the nearly $3 billion in incentives promised to what is already one of the world’s richest, most powerful companies.

PM opens Nepal Ship Office to link with Indian waterways

Published On: February 15, 2019 07:48 AM NPT By: Republica

KATHMANDU, Feb 15: Prime Minister KP Oli, who promised to operate Nepal’s own ships during the election last year, inaugurated Nepal Ship Office amidst a special function at Ekantakuna,  Lalitpur on Thursday.

KATHMANDU, Feb 14: The government has launched a program to mobilize funds of general public for hydropower development.