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FinMin says some time needed for fiscal federalism management
Published On: August 30, 2018 08:36 AM NPT By: Republica
KATHMANDU, Aug 30: Minister for Finance Yuba Raj Khatiwada has urged one and all to show patience, saying that it would take some time for management of fiscal federalism. He also said it won’t be wise to expect results from budget for the Fiscal Year 2018/19 now, as the second month of the fiscal year has just begun.
Road disruption hits revenue collection at Rasuwahgadhi customs
Published On: August 30, 2018 08:29 AM NPT By: HIMNATH DEVKOTA
RASUWA, Aug 30: Revenue collection by Rasuwagadhi Customs Office has come to a grinding halt as recent floods and landslides have affected vehicular movement along the lone trade route between Nepal and China. According to Gopal Koirala, the chief customs officer at Rasuwagadhi Customs Office, the office has not been able to collect even a penny for the past 21 days.
After over 6 yrs, Three Gorges walking away from West Seti
Published On: August 30, 2018 05:00 AM NPT By: Rudra Pangeni
KATHMANDU, Aug 30: China Three Gorges International is on the verge of walking away from the 750-MW West Seti Hydroelectric Project.
Colombia to create fund to help coffee growers amid low prices
Published On: August 29, 2018 01:00 PM NPT By: Reuters
BOGOTA, Aug 29: The Colombian government will place $34 million (100 billion pesos) in a fund to help coffee farmers hurt by low international prices, the finance minister and the head of the nation’s coffee growers’ federation said on Tuesday.
India's soybean output may rise 20 percent in 2018/2019 - industry official
Published On: August 29, 2018 12:30 PM NPT By: Reuters
KUALA LUMPUR, Aug 29: India’s soybean output is set to jump about 20 percent to over 10 million tonnes in the 2018/2019 crop year that starts in October, an industry official said on Wednesday.
38 stranded Nepali workers in Saudi Arabia to get new jobs
Published On: August 29, 2018 10:57 AM NPT By: Republica
KHOTANG, Aug 29: Tinjure Employment Services Pvt Ltd and Empower Overseas Pvt Ltd have agreed to provide new jobs to 38 Nepali workers who were kicked out of their jobs in Saudi Arabia. Thirteen of these workers are from Khotang district.
SAARC Agriculture Cooperative Business Forum kicks off
Published On: August 29, 2018 10:51 AM NPT By: Republica
KATHMANDU, Aug 29: The 1st SAARC Agriculture Cooperative Business Forum kicked off in Kathmandu on Tuesday with the objective of organizing and strengthening family farmers' cooperatives in South Asian Association for Regional Corporation (SAARC) countries.
Nepse snaps six-day losing streak
Published On: August 29, 2018 10:45 AM NPT By: Republica
KATHMANDU: Stocks traded lower for most of the trading session on Tuesday. The benchmark Nepal Stock Exchange (Nepse) index came under pressure from the very beginning of the trading session. However, a pullback toward the final trading hour saw the Nepse index recoup all its intraday losses to close 1.37 points higher at 1,177.09 points.
Govt distributing subsistence allowance to unemployed citizens
Published On: August 29, 2018 10:27 AM NPT By: Sagar Ghimire
KATHMANDU, Aug 29: The government will provide unemployment allowance to jobless people if the bill to ensure people’s right to employment is enacted by the parliament.
FNCCI calls for collaboration with World Bank
Published On: August 29, 2018 10:16 AM NPT By: Republica
KATHMANDU, Aug 29: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has called for collaboration between the World Bank and the private sector in tourism, agriculture, education, health and infrastructure development sectors.
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