NEPALGUNJ, July 3: Goods are easily smuggled through the Nepalgunj border in western Nepal, which is connected to India. The smugglers have effectively engaged the customs officials, security personnel and others to smuggle large quantities of goods.

BIRGUNJ, Aug 8: Nepal Communist Party (NCP) leader Pushpa Kamal Dahal has stated that it was the responsibility of the government to create environment conducive to usher in economic prosperity in the country.

Nepse down for fourth straight day

Published On: August 8, 2018 09:47 AM NPT By: Republica

KATHMANDU: The stock market moved slightly higher at the morning session on Tuesday. Despite gaining 3 points initially, the benchmark Nepal Stock Exchange (Nepse) index trimmed its initial gains and eventually closed 1.46 points lower at 1,188.21 points.

NCC decides to withdraw from FNCCI

Published On: August 8, 2018 09:23 AM NPT By: Republica

KATHMANDU, Aug 8: Nepal Chamber of Commerce (NCC) has decided to withdraw its membership from the Federation of Nepalese Chambers of Commerce and Industries (FNCCI). The ‘cold-war’ between the two private sector organizations in recent months has culminated into the separation.

WASHINGTON, Aug 8: The United States will begin collecting 25 percent tariffs on another $16 billion in Chinese goods on Aug. 23, the U.S. Trade Representative’s office said on Tuesday as it published a final tariff list targeting 279 imported product lines.

KATHMANDU, Aug 7: A total of 699,552 tourists visited national parks and conservation areas of the country in the last fiscal year 2017/18.

Government shifting to contributory pension scheme

Published On: August 7, 2018 08:48 AM NPT By: Republica

KATHMANDU, Aug 7: The government has tabled a new bill in the parliament that will change the existing pension system for the government employees once it is enacted, making it compulsory for the government jobs holders to contribute to the pension fund.

Nepse sees marginal decline amid low market activity

Published On: August 7, 2018 08:05 AM NPT By: Republica

KATHMANDU, Aug 7: The stock market opened on a positive note on Monday but failed to hold gains as the benchmark Nepal Stock Exchange (Nepse) index started to decline after mid-day trading. Overall, the stock index remained flat throughout the remaining session before shedding a meager 0.02 percent to close at 1,189.67 points.

Palpa industrial village plan fails to take off

Published On: August 7, 2018 08:03 AM NPT By: Mukti Prasad Nyaupane

PALPA, Aug 7: The government plan of setting up an industrial village in Palpa is in limbo.In the budget speech for Fiscal Year 2016/17, the government had announced a plan to build an industrial village in Palpa district for promotion of local industries. The government had allocated Rs 10 million for the purpose in the budget. The budget was reduced to Rs 5 million in FY2017/18. But nothing has been done to implement the plan.

Thousands win free recharge in Sprite campaign

Published On: August 7, 2018 08:00 AM NPT By: Republica

KATHMANDU, Aug 7: As many as 28,500 consumers have received mobile recharge worth Rs 350,000 in the first week of Sprite's promotional campaign 'Sprite Refresh and Recharge', according to a statement issued by Coca-Cola Company.

Unilever launches new laundry soap

Published On: August 7, 2018 07:57 AM NPT By: Republica

KATHMANDU, Aug 7: Unilever Nepal Limited has launched a new laundry soap named 'Wheel 2 in 1' in the Nepali market. Issuing a statement, the multinational company said that the new product has pleasant aroma of a blend of numerous flowers and deep cleansing properties.