A senior CAAN officer stated, “We aim to launch flights between Dhaka and Pokhara within two months, starting with at least one flight per week.” Both Air Astra and Bangladesh Airlines have shown interest, with a study underway to assess the potential business on the Pokhara-Dhaka route.

Etihad Air to connect Abu Dhabi with Barcelona

Published On: June 6, 2018 08:11 AM NPT By: Republica

KATHMANDU, June 6: Etihad Airways is set to connect Abu Dhabi, capital of the UAE, and Barcelona, Spain from November 21 this year.

LG announces World Cup schemes

Published On: June 6, 2018 03:30 AM NPT By: Republica

KATHMANDU, June 6: With regards to the FIFA World Cup 2018, LG has offered a 31 percent cash back offer to its customers.

Liquor wholesalers earn hefty profit on post-budget sales

Published On: June 6, 2018 03:00 AM NPT By: Rohit Rai

DHARAN, June 6: Wholesale liquor stores have taken advantage of the increased excise duty on liquor imposed by the Fiscal Year 2018/19 budget.

Row over new CGT formula halts stock trading

Published On: June 6, 2018 02:30 AM NPT By: Republica

KATHMANDU, June 6: The stock market came to a complete halt Tuesday as investors 'boycotted' trading to protest the change in the way the capital gains tax (CGT) on rights and bonus shares is calculated.

NEPSE hit by zero trading due to share holders' protest

Published On: June 5, 2018 04:59 PM NPT By: Republica

KATHMANDU, June 5: Nepal Stock Exchange (NEPSE) did not record any trading today due to an agitation by stock traders to protest the government's decision to revise the capital gains tax threshold on the sale of bonus and rights shares.

KATHMANDU, June 5: Tuesday marks the completion of Qatar’s one year of struggle against the blockade imposed on it by its Arab neighbors and co-founders of the Gulf Cooperation Council (GCC): Saudi Arabia, the UAE, and Bahrain, along with their ally, Egypt. They abruptly cut off diplomatic ties with Qatar and imposed travel and trade bans.

NOC ups fuel price while int’l price falls marginally

Published On: June 5, 2018 07:06 AM NPT By: Ayam Shrestha

KATHMANDU, June 5: Nepal Oil Corporation has hiked fuel prices regularly under an automatic pricing mechanism in the last seven months. The steady price hike has impacted the price of daily commodities, and airfares are also to increase by Tuesday. NOC’s latest price hike comes against a fall in international prices.

'PM Oli stepped in to pick DoR head'

Published On: June 5, 2018 03:30 AM NPT By: Republica

KATHMANDU, June 5: Prime Minister Khadga Prasad Oli allegedly stepped in to pick the new head of Department of Roads (DoR).

Industrial capacity utilization rate improves

Published On: June 5, 2018 03:30 AM NPT By: Republica

KATHMANDU, June 5: Capacity utilization of industries increased by 3.8 percentage points to 58 percent over the first six months of Fiscal Year 2017/18, reflecting a slight improvement in the usage of resources and plants by industries.

Shares close lower amid CGT woes

Published On: June 5, 2018 03:00 AM NPT By: Republica

KATHMANDU, June 5: Nepali stocks ended broadly lower on Monday as talks between representatives from investor associations and government regarding the recent changes in Capital Gains Tax (CGT) ended inconclusively.