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Remote Dolakha village starts farming of kiwi fruits

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DOLAKHA, Jan 13: Commercial farming of kiwi fruits has begun in remote Thangbaru of Ward 6 in Kalinchowk Rural Municipality.
Jan 13, 2020
ECONOMY, Latest Updates

Scenic Shailung awaits visitors

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DOLAKHA, Jan 13: Shailung in Dolakha district is one of the attractive destinations in the country to visit during Visit Nepal Year (VNY) 2020.
Jan 13, 2020
ECONOMY

Nepse shoots up 42 points in its best day in over 21 months

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KATHMANDU: A huge rally on Sunday saw the benchmark Nepal Stock Exchange (Nepse) index notch a massive advance of 42.61 points to settle at 1,255.72 points. Following a 17 point rise in the morning, the index flattened in the mid-session. Further, stocks saw considerable buying pressure in the latte...
Jan 13, 2020
ECONOMY, Republica Watch, Latest Updates

Strong government but weak capital expenditure

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KATHMANDU, Jan 13: People’s expectations from the two-thirds majority government seem to have fallen flat due to the sluggish progress of the government toward addressing the country’s main economic agendas. It is almost two years since the left alliance led by Prime Minister KP Oli took charge.
Jan 13, 2020
ECONOMY, Latest Updates

Govt set to extract iron from Nawalparasi: MoCS

Govt set to extract iron from Nawalparasi: MoCS
KATHMANDU, Jan 12: The government is all set to extract iron from the recently explored iron ore reserve in Dhaubadhi VDC of Nawalparasi district, Ministry of Industries, Commerce and Supplies said on Sunday.
Jan 12, 2020
ECONOMY, Latest Updates

Abu Dhabi Fund for Development announces USD 10 million assi...

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KATHMANDU, Jan 12: The Abu Dhabi Fund for Development (ADFD) has announced that it will provide USD 10 million assistance to Nepal to help generate electricity from the waste.
Jan 12, 2020
ECONOMY, Latest Updates

Jelbang iron mine lying idle since 1989

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ROLPA, Jan 12: The iron mine of Jelbang, Sunchahari municipality-7, has been ignored by the agencies concerned since decades. The mine was excavating continuously from 16th century. But in 1989, Department of Forests banned the excavation of iron from the mine. The government has not shown any inter...
Jan 12, 2020
ECONOMY, Latest Updates

Locals obstruct construction of Upper Mailung Hydroelectrici...

Locals obstruct construction of Upper Mailung Hydroelectricity Project
RASUWA, Jan 12: The ongoing construction work of Upper Mailung Hydroelectricity Project at Uttargaya Rural Municipality-1, Rasuwa has been stopped due to the obstruction from the local residents. Putting forward a three-point demand, locals affected by the project have obstructed the construction of...
Jan 12, 2020
ECONOMY, Latest Updates

Finance minister willing to help local entrepreneurs

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BIRGUNJ, Jan 12: Finance Minister Yuba Raj Khatiwada has claimed an improvement in the economic sector of the country. Speaking at the 44th Annual General Meeting (AGM) of Birgunj Chamber of Commerce and Industries, Finance Minister Khatiwada said the country's economic growth country in the current...
Jan 12, 2020
ECONOMY, Latest Updates

After years of stalemate, NOC announces a month’s pay as bon...

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KATHMANDU, Jan 12: Nepal Oil Corporation (NOC) on Saturday announced to provide a month’s pay as a bonus to its employees although its similar announcements in the past were barred by various government bodies including parliamentary committees.
Jan 12, 2020