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ECONOMY, Latest Updates

‘BRI seeks to promote free trade through enhanced connectivi...

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BEIJING, Jan 5: Brushing aside allegations that the China's Belt and Road Initiatives (BRI) was aimed at colonizing smaller countries, senior Chinese scholars said that the BRI rather seeks to promote free trade through enhanced connectivity network and send its economic success to other countries.
Jan 05, 2020
ECONOMY, Latest Updates

ICP delay creates chaos at Nepalgunj customs

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NEPALGUNJ, Jan 5: With delays in construction of the Integrated Check Post (ICP), the customs checkpoint has become chaotic in Nepalgunj, the main border point of western tarai.
Jan 05, 2020
ECONOMY, Latest Updates

Nepal Economic Association gets new executive body under Pya...

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KATHMANDU, Jan 5: Nepal Economic Association (NEA), an association of national economists, has elected a new executive committee for the next three years.
Jan 05, 2020
ECONOMY, Latest Updates

Call to invest in high-value crops for export benefits

Call to invest in high-value crops for export benefits
KATHMANDU, Jan 5: Agriculture analysts have urged the government to facilitate the agricultural products based on comparative advantage in order to gain from trading of the agro products.
Jan 05, 2020
ECONOMY, Latest Updates

Broiler parent stocks worth Rs 540 million imported in five...

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BANEPA, Jan 5: The import of broiler parent stocks from foreign countries has not stopped despite the establishment of two grand-parent (GP) farms in the country meant for local production of parent stock. As a result, the outflow of millions of rupees each year has not stopped.
Jan 05, 2020
ECONOMY

Nepse sees modest drop, ending the week flat

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KATHMANDU: Following some of the least volatile week, the major benchmark ended roughly where it started. The Nepal Stock Exchange (Nepse) index kicked off the week's trading with a drop of 5 points on Sunday but erased all the losses on Monday closing over 5 points higher.
Jan 05, 2020
ECONOMY, Latest Updates

Gas bottlers flout govt safety regulations

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KATHMANDU, Jan 5: As many as 15 bottlers of Liquefied Petroleum (LP) gas are yet to acquire the Nepal Standard (NS) certification, although the Nepal Bureau of Standards and Metrology (NBSM) directed these bottlers to comply with the safety norms some three years ago.
Jan 05, 2020
ECONOMY, Latest Updates

Drop in rice production likely to hit national economy

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KATHMANDU, Jan 4: A noticeable fall in the rice production this year is likely to beat national economy. Experts predict that it would have its implications on the Gross Domestic Product.
Jan 04, 2020
ECONOMY, Latest Updates

IBN shortlists proposals for 14 projects worth $11.88 billio...

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KATHMANDU, Jan 4: The Investment Board of Nepal (IBN) has said that it has completed prequalification process of 14 out of a total of 50 projects showcased during the Nepal Investment Summit 2019 held in March.
Jan 04, 2020
ECONOMY, Latest Updates

Paddy output down 1% in current fiscal year from record high

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KATHMANDU, Jan 4: Paddy production in the current Fiscal Year 2019/20 has declined by one percentage point, or 59,000 tons, to 5.55 million tons, according to a government projection.
Jan 04, 2020