header banner

Economy

Latest

ECONOMY, Latest Updates

PAC instructs govt to suspend bidding for supplying excise d...

FederalParliamentSept12_20190914181147.jpg
KATHMANDU, Nov 8: The Public Accounts Committee of Federal Parliament has directed the government to suspend the bidding for supplying the excise duty stickers immediately.
Nov 08, 2019
ECONOMY, Latest Updates

Japanese delegation arriving in Nepal to explore cooperation...

Japanese delegation arriving in Nepal to explore cooperation in areas of agriculture
KATHMANDU, Nov 8: A 25-member delegation from Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF), including agricultural experts and business persons, is visiting Nepal from November 10 to 16 on an official visit.
Nov 08, 2019
ECONOMY, Latest Updates

Nepal set to unlock World Bank’s Forest Carbon Money

forestcarbon_20191108074110.jpg
KATHMANDU, Nov 8: After decade-long preparations, Nepal is set to sign a deal next month with World Bank’s Forest Carbon Partnership Facility (FCPF) unlocking potentials to attract up to US$ 45 million until 2025. The Emissions Reduction Payment Agreement (ERPA) will help the government, communities...
Nov 08, 2019
ECONOMY, Latest Updates

Police arrest veteran businessman Roop Jyoti over alleged ho...

roop-jyoti.jpg
KATHMANDU, Nov 7: Veteran businessman Roop Jyoti has been arrested on Thursday evening.
Nov 07, 2019
ECONOMY, Latest Updates

NAC studying seven new destinations

NAC-new-aircraft-landed-at-TIA-03_20191106082807.jpg
KATHMANDU, Nov 7: Nepal Airlines Corporation (NAC) is conducting market research on seven international destinations as it plans to spread wings further in the international market.
Nov 07, 2019
ECONOMY, Latest Updates

After price reduction, Udayapur Cement sees sales double

Udayapur-Cement-Industry_20191107100058.jpg
UDAYAPUR, Nov 7: The sale of Gaida cement – a product of Udayapur Cement Industry Ltd – has gone up after the state-owned company reduced its price by Rs 25 per sack (of 50 kg).
Nov 07, 2019
ECONOMY, Latest Updates

Electricity Regulatory Commission proposes new directive for...

NEA_20191104081559.jpg
KATHMANDU, Nov 7: The Electricity Regulatory Commission has drafted a directive to streamline fixing of electricity tariff by Nepal Electricity Authority (NEA), amid ongoing scuffle between the state-owned power utility and industrialists on the rationale of paying premium charge dues on commercial...
Nov 07, 2019
ECONOMY, Latest Updates

Rhino Park to be constructed in Meghauli to promote tourism

Meghauli-Rhino-Park--Chitwan_20191107094615.jpg
CHITWAN, Nov 7: There are plans to develop ‘Meghauli Rhino Park’ in Meghauli, a popular tourist destination in Chitwan district. As per information given by tourism expert Biswa Raj Subedi, a detailed project report (DPR) is prepared for construction of the park that will cost estimated Rs 210 milli...
Nov 07, 2019
ECONOMY, Latest Updates

Gold price sees marginal decline amid hopes of US-China trad...

gold-price_20191107092926.jpg
KATHMANDU, Nov 7: The price of gold fell by Rs 600 on a single day to Rs 70,200 per tola (11.664 grams) on Wednesday.
Nov 07, 2019
ECONOMY

Nepse inches lower as buyers hold back

Nepse-inches-lower_20191107092415.jpg
KATHMANDU: The Nepal Stock Exchange (Nepse) index traded slightly higher in Wednesday morning but quickly surrendered its gains by the first trading hour. Subsequently, Nepse traded the latter trading hours in red, only slightly off its opening level. The bourse closed the session at 1,138.02 points...
Nov 07, 2019