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ECONOMY

Civil Bank holds AGM

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KATHMANDU, May 11: The Annual General Meeting (AGM) of Civil Bank Ltd has approved 14.30 percent dividend – 10.25 percent stock and 4.05 percent cash – to its shareholders. The event was held at Amritbhog in Kathmandu.
May 11, 2019
ECONOMY

A bid to promote Nepali coffee

A bid to promote Nepali coffee
KATHMANDU, May 11: Coffee farmers, entrepreneurs, and tourism entrepreneurs assembled in Kathmandu on Sunday to discuss the potential and collaborative opportunities of introducing coffee tourism in Nepal through a sustainable model.
May 11, 2019
ECONOMY

29 years and running: Story of a trekker

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KATHMANDU, May 11: Shyam Gurung, a local of Jitpur, Bhaktapur, is now a self-established trekking guide. Fluent in Russian, he has been in the tourism industry for the last 29 years, having juggled various kinds of jobs and environments before finally acclimatizing with the Himalayan trekking busine...
May 11, 2019
ECONOMY

Nepal’s hydropower tends to displace expensive thermal power...

Nepal’s hydropower tends to displace expensive thermal power in India
KATHMANDU, May 11: Excess electricity generation from hydroelectricity plants of Nepal can potentially displace the costlier thermal power generation of India, according to a study report.
May 11, 2019
ECONOMY

Banks’ profits continue to surge despite shortage of lendabl...

Banks’ profits continue to surge despite shortage of lendable funds
KATHMANDU, May 11: Commercial banks have posted an impressive profit growth in the third quarter of the current fiscal year – FY2018/19 even when they have been grappling with shortage of lendable funds.
May 11, 2019
ECONOMY, SOCIETY

Vegetable farming getting popular in Jumla

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JUMLA, May 11: It has not been very long since Samjhana Devkota of Talichaur village started vegetable farming. Just like other village folks, she was accustomed to growing only crops in her field before.
May 11, 2019
ECONOMY

Agreement signed with Indian firm to buy 2 train sets

Agreement signed with Indian firm to buy 2 train sets
KATHMANDU, May 11: Department of Railways of Nepal has signed a contract agreement with Konkan Railway Corporation Limited of India for the supply of trains to Nepal Railways.
May 11, 2019
ECONOMY, SOCIETY

Karnali State concludes pre-budget discussion, focuses road...

Karnali State concludes pre-budget discussion, focuses road construction
HUMLA, May 10: The Economic Affairs and Planning Ministry of Karnali State has concluded a seminar on pre-budget discussion and collection of suggestions regarding the first periodic plan in the State.
May 10, 2019
ECONOMY

Proposal tabled at NA to discuss Appropriation Bill contents

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KATHMANDU, May 10: In today’s meeting of the National Assembly (NA) , Finance Minister Dr Yuba Raj Khatiwada presented a proposal, seeking the discussions on the principles and priorities of the Appropriation Bill for the fiscal year 2076-77 BS (except the tax proposal).
May 10, 2019
ECONOMY, WORLD

US seizes North Korean ship amid tense moment in relations

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WASHINGTON, May 10: The U.S. said Thursday that it has seized a North Korean cargo ship that was used to violate international sanctions, a first-of-its-kind enforcement action that comes amid a tense moment in relations between the two countries.
May 10, 2019