Automated online trading system from July 17

Published On: June 24, 2018 05:10 AM NPT By: Republica

KATHMANDU, June 24: Nepal Stock Exchange (Nepse) has announced that it will bring the fully-automated online trading system into operation from July 17 in parallel with the existing computerized trading system.

Off-season closes hotels in Manasalu area

Published On: June 24, 2018 03:15 AM NPT By: Narahari Sapkota

GORKHA, June 24: With the onset of monsoon and the subsequent fall in the numbers of trekkers, owners of hotels and lodges along the Manasalu trekking route are closing their facilities and returning home.

Buddha Air applies for Nepalgunj-Delhi flight

Published On: June 24, 2018 02:06 AM NPT By: Republica

KATHMANDU, June 24: Buddha Air has applied at the Ministry of Culture, Tourism and Civil Aviation, seeking permission to operate Nepalgunj-New Delhi flight.

Chinese enterprises have invested $835 million on advertising for this year’s Russia FIFA World Cup, according to statistics released by Zenith Group, a firm that provides top echelon services in market research information and data analysis.

Fortuna to bring Rs 5 billion Chinese investment

Published On: June 23, 2018 05:45 AM NPT By: Republica

KATHMANDU, June 23: A company promoted by Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Bhawani Rana, among others, has signed a preliminary agreement to bring US$ 46 million (about Rs 5 billion) worth of investment from China.

Green leaves production down by half

Published On: June 23, 2018 05:41 AM NPT By: Bhim Chapagain

ILAM, June 23: Production of green tea leaves has declined significantly in eastern hilly districts including Panchthar, Jhapa and Ilam – the capital of tea production in Nepal. Industrial and farmers have attributed the drop in tea leaves production to unfavorable climate. Drop in production has left farmers worried.

Nepse posts weekly decline as stocks fail to hold ground

Published On: June 23, 2018 05:35 AM NPT By: Republica

KATHMANDU, June 23: The equity market maintained an overall negative bias this week. The Nepal Stock Exchange (Nepse) index posted losses of more than 8 points in three out of five trading days, while the remaining two trading days witnessed gains of less than 2 points only.

Satti Small Customs gets new chief every month

Published On: June 23, 2018 05:25 AM NPT By: Yogesh Rawal

TIKAPUR, June 23: Purandhar Dahal, a non-gazette first class officer, is currently the chief of Satti Small Customs Office in Kailali. Ananda Ghimire was the chief of the office until last month, while a new chief is joining next month.

Nepal exports pashmina products to 47 countries

Published On: June 22, 2018 05:27 PM NPT By: Republica

KATHMANDU, June 22: Nepal exports pashmina to 47 countries of the world, the Pashmina Industry Association has stated.

NBA again caps interest rates on deposits

Published On: June 22, 2018 08:40 AM NPT By: Sagar Ghimire

KATHMANDU, June 22: With tacit support from the Nepal Rastra Bank (NRB), the Nepal Bankers’ Association (NBA) has once again decided to cap interest rates on deposits.