Nepal-Malaysia labor agreement reaches final stage

Published On: August 29, 2018 09:14 AM NPT By: RUDRA KHADKA

KATHMANDU, Aug 29: The Labor Agreement (Memorandum of Understanding) between Malaysia and Nepal, which has been stalled for three months, has at last reached its final stage. Although the Malaysian government had been turning down  previous attempts by Nepal to table an agreement, it surprisingly sent a draft of the agreement to Nepal two weeks ago.

Toyota pours $500 mn into driverless car tie-up with Uber

Published On: August 28, 2018 12:30 PM NPT By: AFP/RSS

UNITED STATES, Aug 28: Toyota will pump about $500 million into ride-share firm Uber as part of a deal to work together on mass-producing self-driving vehicles, the Japanese car giant said on Tuesday.

Panchakanya Group organizes blood donation camp

Published On: August 28, 2018 08:34 AM NPT By: Republica

KATHMANDU, Aug 28: Panchakanya Group organized a blood donation camp at its central office in Krishna Galli, Lalitpur, according to a statement issued by the group on Monday.

Mahindra XUV500 gets a facelift

Published On: August 28, 2018 08:32 AM NPT By: Republica

KATHMANDU, Aug 28: Mahindra & Mahindra Ltd, a part of Mahindra Group, has launched the Plush New XUV500 in the Nepali market on Monday. According to a statement issued by the company, the Plush New XUV500 is powered by mHawk155 engine that delivers power of 155HP and torque of 360 Nm with sixth generation electronically controlled Variable Geometry Turbocharger (eVGT).

BAGLUNG, Aug 28: The government of Gandaki province is planning to establish animal and agriculture collection centers in all wards of the province in five years’ time.

After Kalimati, officials inspect Balkhu veg market

Published On: August 28, 2018 08:27 AM NPT By: Republica

KATHMANDU, Aug 28: As part of the government efforts to regulate fruits and vegetable markets, the Department of Commerce, Supply & Protection of Consumers on Monday conducted an inspection of Balkhu Vegetables and Fruits Market in Kathmandu.

Tea factories not paying minimum wage to laborers

Published On: August 28, 2018 08:18 AM NPT By: Bhim Chapagain

ILAM, Aug 28: Though the government’s minimum wage for workers came into effect from the month of Shrawan (mid-July to mid-August), tea workers were deprived of the increased wage in the first month of Fiscal Year 2018/19.

DoT sees revenues rise by 26%

Published On: August 27, 2018 09:47 AM NPT By: Republica

KATHMANDU, Aug 27: Revenue collected by the Department of Tourism (DoT) increased by 26 percent in Fiscal Year 2017/18, thanks to recovery of longstanding dues from casinos.

Nepse begins week on a negative note

Published On: August 27, 2018 07:12 AM NPT By: Republica

KATHMANDU: Stocks fluctuated throughout Sunday's trading session but largely maintained a negative bias on the day. The benchmark Nepal stock Exchange (Nepse) index, which fell initially, tried to recover mid-day. However, stocks came under pressure in the remaining session to close slightly lower, shedding 2.78 points compared to last week to close at 1,175.72 points.

KATHMANDU, Aug 27: Chandannath Municipality of Jumla has announced to organize an investment conference with an objective to bring investments in the municipality.