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BFIs float Rs 41 billion in concessional loans

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KATHMANDU, Dec 21: Bank and financial institutions (BFIs) have provided a total of Rs 41.05 billion in concessional loans to 20,869 individuals till mid-November under seven different categories.
Dec 21, 2019
ECONOMY, SOCIETY, Latest Updates

Businesspersons eager to invest, demand conducive environmen...

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SURKHET, Dec 21: Hotel entrepreneurs and other businesspersons in Karnali have shown their eagerness to invest in the tourism sector in the region, given conducive environment. They have demanded security of their investment and basic facilities and infrastructures in place.
Dec 21, 2019
ECONOMY, Latest Updates

VNY2020 to kick-start from Sauraha in Province 5

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BHARATPUR, Dec 20: Visit Nepal Year 2020 is set to kick-start from Sauraha in Province. Chief Minister of the province Dormani Poudel is scheduled to inaugurate the Visit Nepal Year on January 3 in Sauraha amidst a special event.
Dec 20, 2019
ECONOMY, Latest Updates

Hotel entrepreneurs gather in Surkhet for general convention

Hotel entrepreneurs gather in Surkhet for general convention
SURKHET, Dec 20: Hotel entrepreneurs from across the country have gathered in Birendranagar, Surkhet to participate in the national general convention of Federation of Hotel Entrepreneurs beginning from today.
Dec 20, 2019
ECONOMY, Latest Updates

Nepse closes week with a modest loss

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KATHMANDU, Dec 20: Stocks witnessed a lackluster session on the last trading day of the week. The Nepal Stock Exchange (Nepse) index climbed slightly higher in the morning. Nonetheless, the gains evaporated quickly as the Nepse traded marginally lower throughout the afternoon. Nepse eventually ended...
Dec 20, 2019
ECONOMY, Latest Updates

NTA auctions off frequency, ending standoff

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KATHMANDU, Dec 20: Nepal Telecommunications Authority (NTA) on Wednesday selected Ncell to use residual frequency spectrum through auction, ending the long-running impasse.
Dec 20, 2019
ECONOMY, Latest Updates

Secys vow to improve spending by expediting development proj...

Secys vow to improve spending by expediting development projects
KATHMANDU, Dec 20: Admitting that the progress in implementation of development projects has not been satisfactory in the first four months of the current fiscal year – FY2019/20, secretaries of major ministries with the highest capital budgets have vowed to improve the performance in remaining two...
Dec 20, 2019
ECONOMY, Latest Updates

Varun Beverages charged with faking VAT bills

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KATHMANDU, Dec 20: The Department of Revenue Investigation (DRI) on Thursday filed a case against Varun Beverages Nepal Pvt Ltd on the charge of evading tax of Rs 649.60 million through the use of fake VAT (value added tax ) invoices. This is probably the first time that a multinational company has...
Dec 20, 2019
ECONOMY, Latest Updates

FM Khatiwada calls for good coordination among govt agencies...

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KATHMANDU, Dec 19: Finance Minister Yubaraj Khatiwada has said that the development works have been disrupted in various parts of the country due to lack of good coordination among the federal, provincial and local government agencies.
Dec 19, 2019
ECONOMY, Latest Updates

Nepse inches lower in thin trade

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KATHMANDU, Dec 19:The benchmark Nepal Stock Exchange (Nepse) index opened Wednesday's trading on a positive footing. However, stocks struggled after midday, dragging the benchmark index slightly in the red territory. At the close, the index witnessed a modest drop of 3.30 points to close the day at...
Dec 19, 2019