header banner

Economy

Latest

ECONOMY

NAC's A330 lands in Nepal after a decade

KATHMANDU, June 28: Nepal Airlines welcomed its first wide body jet aircraft, the Airbus A330-200 at Tribhuvan International Airport at 8: 15 AM today.
Jun 28, 2018
ECONOMY

Nepal pitches Tamakoshi V for AIIB financing

KATHMANDU, June 28: Nepal has formally sought financing for Tamakoshi V Hydropower Project from Asian Infrastructure Investment Bank (AIIB). The project is designed to be developed at the tail end of the under-construction Upper Tamakoshi Hydropower Project.
Jun 28, 2018
ECONOMY

Petrol theft by tanker driver on the rise in Pyuthan

PYUTHAN, June 28: Petroleum pump operators in the district have filed a complaint at the police, stating that fuel theft during transport was on the rise. They said that supplies that pumps receive are lower than what the Nepalgunj depot of Nepal Oil Corporation (NOC) dispatches.
Jun 28, 2018
ECONOMY

Agricultural ministry unveils 100-day work progress report

KATHMANDU, June 28: Ministry of Agriculture, Land Management and Cooperative has started taking needful action against 98 traders at Kalimati Vegetable Market after finding that they were doing business flouting rules and regulations of the Kalimati Fruits and Vegetable Development Market Board.
Jun 28, 2018
ECONOMY

Nepse recovers slightly after two days of loss

KATHMANDU, June 28: Nepal Stock Exchange (Nepse) index started momentum during mid-session on Wednesday after trading essentially fell flat for the first half. However, the market began paring the gains toward the end of the session to close fairly below the day's high.
Jun 28, 2018
ECONOMY

Govt taskforce yet to come up with recommendation

KATHMANDU, June 28: A task force formed by the Ministry of Finance to resolve the dispute over levying capital gains tax (CGT) on bonus and rights shares is yet to come up with its report.
Jun 28, 2018
ECONOMY

Turkish launches ‘Wireless In-Flight Entertainment System’

KATHMANDU, June 28: Turkish Airlines has launched 'Wireless In-Flight Entertainment System'. The flag carrier of Turkey has become the first user of this wireless in-flight entertainment system entirely developed by Turkish engineers in cooperation with Turkish Technic Inc, and Havelsan, according t...
Jun 28, 2018
ECONOMY

Upakar sunflower oil now in market

KATHMANDU, June 27: Shiva Shankar Agro Pvt Ltd has launched Upakar brand of sunflower oil in the market. "The company has been producing food products like rice, lentils, beaten rice, sugar and pulses for the past many years," the company said in a statement issued on Wednesday
Jun 28, 2018
ECONOMY

Dhorpatan Hunting Reserve fetches over Rs 4.6 m thru hunting...

BAGLUNG, June 27: The Dhorpatan Hunting Reserve has collected revenue worth over Rs 4.6 million in the current fiscal year. According to the reserve office, it earned millions of rupees in permits granted to foreigners for hunting at various blocks of the reserve.
Jun 27, 2018
ECONOMY

Syapru-Rasuwagadhi road section hit by landslides

RASUWA, June 27: Syapru-Rasuwagadhi road section has been disrupted due to landslide triggered by heavy rainfall on Tuesday night.
Jun 27, 2018