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Black pepper imports through Birgunj jump six-fold
Published On: August 6, 2018 09:00 AM NPT By: Ritesh Tripathi
BIRGUNJ, Aug 6: Pepper imports through Birgunj Customs Office jumped more than six folds in Fiscal Year 2017/18 ending in mid-July.
48 percent construction of underground transmission line completed
Published On: August 5, 2018 06:41 PM NPT By: Republica
KATHMANDU, Aug 5: The construction of the first-ever underground electricity transmission line of the country has completed its 48 percent work. One thousand three hundred nine meters long underground line is to be made at Matatirtha under Trishuli-Kathmandu 220 KV double circuit transmission line.
Import of auto-rickshaw via Birgunj up by 74 percent
Published On: August 5, 2018 07:35 AM NPT By: Ritesh Tripathi
BIRGUNJ, Aug 5: Though the country has adopted a policy of using mass transit, the import of small vehicles is seen to be growing unabated.The import figure of the three-wheeler, locally known as tempo, via Birgunj jumped by 74 percent to 8,682 units in the Fiscal Year 2017/18, compared to the previous year. The total cost of these vehicles was Rs 1.28 billion. In the previous year, 4,989 units were imported.
About 7,000 Chinese tourists visit Nepal via Rasuwagadhi till July
Published On: August 5, 2018 07:31 AM NPT By: HIMNATH DEVKOTA
RASUWA, Aug 5: A total of 6,694 Chinese Tourists have visited Nepal via the northern Rasuwagadhi Transit point from January 1 till July 16 this year. This is the third year the Chinese tourists started to come to Nepal via the route.
Sebon approves IPO worth Rs 21b of 21 companies in FY2017/18
Published On: August 5, 2018 07:28 AM NPT By: Republica
KATHMANDU, Aug 5: The Securities Board of Nepal (Sebon) approved primary shares worth Rs 20.78 billion, of 21 companies, in the last Fiscal Year 2017/18. The capital market regulator allowed the companies to issue a total 192.88 million units of share.
India to Impose Increased Tariffs on US Import Goods in Fall
Published On: August 4, 2018 10:45 AM NPT By: Agencies
INDIA, Aug 4: Indian authorities decided in June to increase import levy from August 4 on some US goods, including almonds, walnuts and apples, however, the move was later delayed.
Stocks close flat amid quiet trading week
Published On: August 4, 2018 07:26 AM NPT By: Republica
KATHMANDU, Aug 4: The sole equity market witnessed a lackluster trading week as the Nepal Stock Exchange (Nepse) index closed between the tight range of 1,190 to 1,195 points in all five trading sessions. The index that started the week at 1,191.20 points gained over 3 points on the first trading day of the week.
Three start-up ideas awarded
Published On: August 4, 2018 07:22 AM NPT By: Republica
KATHMANDU, Aug 4: Three out of total nine start-up ideas have been awarded with an opportunity to participate in the Micro Master Course (MMC), an online course of Massachusetts Institute of Technology (MIT), along with cash prizes.
Govt to develop 100 new tourist destinations this FY
Published On: August 4, 2018 07:19 AM NPT By: Sagar Ghimire
KATHMANDU, Aug 4: The Ministry of Culture, Tourism and Civil Aviation (MoCTCA) has plans to identify and develop 100 new tourist destinations across the country in the current Fiscal Year 2018/19.
Stocks continue to waver around flat line
Published On: August 3, 2018 08:47 AM NPT By: Republica
KATHMANDU, Aug 3: Stocks traded mildly higher in the beginning hour of Thursday’s session. However, the market failed to hold on to the initial gains and traded mostly in the negative territory later in the session. Despite a slight pullback toward the end, the benchmark Nepal Stock Exchange (Nepse) index closed 2.56 points to end the week at 1,191.31 points.
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