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ECONOMY

Vegetable prices increase by almost 33% in a day

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KATHMANDU, July 14: The average wholesale prices of vegetables including tomato small, tomato small (tunnel), local cabbage, local cauliflower, bitter gourd, and brinjal increased by almost 33 percent in a single day on Saturday.
Jul 14, 2019
ECONOMY

Telecoms and ISPs directed to maintain services during crisi...

Telecoms and ISPs directed to maintain services during crisis
KATHMANDU, July 14: The Ministry of Communication and Information Technology has directed telecommunications and internet service provider (ISP) companies to maintain and operate their services and address any complaints received from their clients during the crisis caused by incessant rainfall in d...
Jul 14, 2019
ECONOMY

Govt allows import of restricted commodities that had initia...

Govt allows import of restricted commodities that had initiated due process
KATHMANDU, July 14: The government has decided to allow the import of restricted commodities that were already under the process of imports before a notice on the ban was issued last month.
Jul 14, 2019
ECONOMY, Latest Updates

Court acquits Ram Shrestha of VLN Nepal in swindle case

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KATHMANDU, July 13: The District Court of Kathmandu has acquitted the operator of Malaysia VLN Nepal Ram Shrestha on the charge of overcharging Nepali for visa processing.
Jul 13, 2019
ECONOMY

Private sector asks for more time to implement electronic in...

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KATHMANDU, July 12: Entrepreneurs from various sectors have said that more time was needed for implementation of new rules including issuance of electronic invoice, making PAN mandatory for workers, and web-based tracking of cargoes.
Jul 13, 2019
ECONOMY

Everest Ad & Event Management supports elderly home

Everest Ad & Event Management supports elderly home
KATHMANDU, July 13: Everest Ad & Event Management, an advertising and event management company, has provided food and other items to Matatirtha Briddhashram Samiti, an elderly home located in Kathmandu. Marking its anniversary, the company distributed 300 kilograms of rice grains, 30 kg pulse grains...
Jul 13, 2019
ECONOMY

Lotse Mall launches scheme for tenants

Lotse Mall launches scheme for tenants
KATHMANDU, July 13: Lotse Mall has announced a scheme for its clients purchasing space at the mall whereby three lucky winners may get a chance to win Suzuki Vitara Brezza, Swift, or Wagon R cars. Issuing a statement, the mall said that the lease period for the purchase of its store spaces will be 2...
Jul 13, 2019
ECONOMY

Mega Capital appointed issue manager for Singati Hydro sha...

Mega Capital appointed issue manager for 
Singati Hydro share
KATHMANDU, July 13: Singati Hydro Energy Ltd has appointed Mega Capital Markets Ltd as the issue and sales manager of its Initial Public Offering (IPO). The company is preparing to issue 4.35 million unit shares worth Rs 430.50 million for the public at the face value of Rs 100 by mid-October. Among...
Jul 13, 2019
ECONOMY

Nepse closes lower erasing previous week's advance

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KATHMANDU, July 13: Stocks pulled back slightly on Sunday extending losses from the preceding session. The Nepal Stock Exchange (Nepse) index fell over 4 points in the day. Subsequently, the index posted further decline of 8 points on Monday. Though the index held ground and traded in the green on T...
Jul 13, 2019
ECONOMY

World Bank renews support to Nepal govt

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KATHMANDU, July 12: The World Bank has renewed support to the Government of Nepal under the Second Programmatic Fiscal and Public Financial Management Development Policy Credit Project. Issuing a press statement, the bank said that the support is to strengthen the country’s efforts towards fiscal f...
Jul 13, 2019