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New fruits, vegetables market coming up in Bharatpur
Published On: August 27, 2018 06:59 AM NPT By: Sabita Shrestha
BHARATPUR, Aug 27: Construction of a modern fruits and vegetables market in Chhetrapur of Chitwan is in the last leg.
Road damage likely to affect Rasuwagadhi hydropower project
Published On: August 27, 2018 06:53 AM NPT By: HIMNATH DEVKOTA
RASUWA, Aug 27: Works at the Rasuwa-based Rasuwagadhi hydropower project of 111MW capacity are likely to be affected due to shortage of construction materials. Supplies to the power plant have been cut off as the road from Dhunche to Syaphrubesi has been damaged by floods and landslides.
Jumla to organize Investment Promotion Conference
Published On: August 26, 2018 06:42 PM NPT By: Republica
KATHMANDU, Aug 26: In order to lure more investments in the districts of Karnali Province, a conference on investment promotion is scheduled to be held in Jumla, a rising market in the Karnali. Chandannath Municipality of Jumla district is going to organize the conference for the first time aiming at attracting investments for industrial development there.
Four years elapsed, GMR is yet to sign financial closure
Published On: August 26, 2018 12:03 PM NPT By: Republica
KATHMANDU, Aug 26: Bangladesh is eagerly waiting to import Nepal’s electricity. Equally eager is Indian developer GMR to build the plant at Upper Karnali Hydropower Project and export power to Bangladesh. But things are not moving ahead as expected.
Remittance growth rebounds as US dollar appreciates, oil price recovers
Published On: August 26, 2018 11:26 AM NPT By: Republica
KATHMANDU, Aug 26: Remittance growth rebounded in the last Fiscal Year 2017/18 despite continuous fall in the number of Nepali workers heading for foreign employment.
3,000 pilgrims reach Gosaikunda in a week
Published On: August 26, 2018 11:01 AM NPT By: HIMNATH DEVKOTA
RASUWA, Aug 26: The number of pilgrims visiting Gosaikunda, a high-altitude tourist destination as well as a popular Hindu religious site, has been increasing in recent years. Almost 3,000 pilgrims have reached the place in the past week, particularly to observe the Janai Purnima festival. The festival runs for 10 days.
Repair works of Raswuagadhi route begins
Published On: August 26, 2018 06:00 AM NPT By: HIMNATH DEVKOTA
RASUWA, Aug 26: Repair works of Rasuwagadhi trade route, which links the country with the northern neighbor China, has begun from Saturday. The vital trade route has remained obstructed since the past month due to landslide debris.
Nepal Reinsurance plans to raise Rs 1.6 billion in IPO
Published On: August 25, 2018 08:12 AM NPT By: Republica
KATHMANDU, Aug 25: Nepal Reinsurance Company Ltd (Nepal Re) is preparing to issue initial public offering (IPO), floating 16 million units of shares worth a total of Rs 1.6 billion, for the public.
‘It is the team work that matters for success’
Published On: August 25, 2018 07:55 AM NPT By: Arpana Ale Magar
Upaul Majumdar is the general manager of Soaltee Crowne Plaza since 2015. Having more than 30 years of experience in the hospitality industry, he won the title of best General Manager of Asia on July 31 under CMO Asia Awards 2018. Republica’s Arpana Ale Magar talked with him on various issues including leadership in the hospitality sector, and tourism development. Excerpts:
Generation by hydropower plants declined last fiscal year
Published On: August 25, 2018 07:39 AM NPT By: Republica
KATHMANDU, Aug 25: Electricity generation from all power plants in the country went down in the Fiscal Year 2017/18 owing to low water flow in the rivers compared to the previous year. Officials of Nepal Electricity Authority (NEA) attribute variation in the hydrology in the rivers behind lower energy output of those plants, while the independent power producers say the output of the energy saw a fall mostly in the power plants of Chure range.
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