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ECONOMY

FinMin warns of growing risks posed by tech-driven financial...

FinMin warns of growing risks posed by tech-driven financial services
KATHMANDU, July 3: Minister for Finance Yuba Raj Khatiwada has warned about the growing risks posed by the new and disruptive technologies in financial sector like fintech, artificial intelligence and technology-driven financial services.
Jul 03, 2019
ECONOMY

1,573 tons of coffee cherries produced in 973 hectares

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KATHMANDU, July 3: A total of 1,573 metric tons of fresh coffee cherries are produced annually in 32 districts where commercial coffee farming is done, according to the report of Central Bureau of Statistics (CBS) released on Tuesday.
Jul 03, 2019
ECONOMY, Latest Updates

Petroleum exploration going on in Dailekh

Petroleum exploration going on in Dailekh
DAILEKH, July 3: The Department of Mines and Geology (DoMG) has said that it would keep progress made in mining of petroleum products in Panchakoshi of Dailekh secret.
Jul 03, 2019
ECONOMY, Latest Updates

41 enterprises receive FDI as one- stop service center comes...

41 enterprises receive FDI as one- stop service center comes into operation
KATHMANDU, July 3: After the establishment of one-stop service center at the Department of Industry, foreign direct investment (FDI) of Rs 7.92 billion has been approved for 41 industries from the information technology (IT), manufacturing, services and tourism sectors.
Jul 03, 2019
ECONOMY

With no rains, maize dries up in Khotang

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KHOTANG, July 1: Maize plants are drying up in most of the wards of Halesi Tuwachung Municipality due to delayed monsoon.
Jul 02, 2019
ECONOMY

Nepse falters further with modest decline

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KATHMANDU, July 2: Weakness from the previous session carried over to Monday's trading as the Nepal Stock Exchange (Nepse) index tanked more than 7 points in the first trading hour.
Jul 02, 2019
ECONOMY

National employment summit concludes

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KATHMANDU, July 2: Lack of skilled human resource in the construction sector has led the country's construction companies to hire laborers from India. However, as the government has recently made it mandatory for workers of any sector to acquire a Permanent Account Number (PAN), the contractors are...
Jul 02, 2019
ECONOMY

Pesticide lab unutilized in Butwal

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RUPANDEHI, July 1: Because of indifference of the government, pesticide lab in Butwal is not being used. The Rapid Bioassay for Pesticide Residue Laboratory (RBPR) is not utilized because of lack of staff in the office.
Jul 02, 2019
ECONOMY

PAN mandatory for all income earners from mid-July

PAN mandatory for all income earners from mid-July
KATHMANDU, July 1: Suman Kumar Gupta, 23, recently applied for Permanent Account Number (PAN) at a taxpayer service office of Inland Revenue Department in Kathmandu. “I had to apply for PAN as my employer asked me to get PAN before joining them,” Gupta, who has recently been hired by a commercial ba...
Jul 02, 2019
ECONOMY

PM rules out bailout for loss-making NAC (with video)

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KATHMANDU, July 2: Prime Minister KP Oli has said the government will not inject funds in the crisis-ridden Nepal Airlines Corporation (NAC) under the existing circumstances.
Jul 02, 2019