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ECONOMY

Council begins dialogue to promote industry, commerce

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KATHMANDU, Nov 27: The first meeting of Industry Commerce Promotion Dialogue Council, a common platform of the business community and the government agencies, was held at Singha Durbar in Kathmandu on Monday.
Nov 27, 2018
ECONOMY

Action to be taken if any irregularities found in aircraft p...

Action to be taken if any irregularities found in aircraft purchase
CHIPLEDHUNGA (Kaski), Nov 26: Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari has expressed commitment to take action if any irregularities were found while purchasing the wide-body aircraft for the state-owned Nepal Airlines Corporation.
Nov 26, 2018
ECONOMY

ADB provides USD 150 million to improve water supply, sanita...

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KATHMANDU, Nov 26: The Asian Development Bank has agreed to provide US$ 150 million as development assistance for two projects. One of these projects consists concessional loan of US$ 130 million for Urban Water Supply and Sanitation Project and the other project consists of additional loan financin...
Nov 26, 2018
ECONOMY

NAC officials dodge most PAC questions

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KATHMANDU, Nov 26: Officials of the Nepal Airlines Corporation (NAC) who were summoned at the parliament’s Public Accounts Committee (PAC) on Sunday for questioning over the purchase of two wide-body aircraft, faced a barrage of questions but shied away from answering most of them.
Nov 26, 2018
ECONOMY

12 petrol pumps face action

12 petrol pumps face action
KATHMANDU, Nov 26: Nepal Bureau of Standards and Metrology has taken action against 12 petrol pumps for cheating customers.
Nov 26, 2018
ECONOMY

IBN to issue survey licenses for mega solar plants

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KATHMANDU, Nov 26: Investment Board Nepal (IBN) has decided to issue survey licenses for building two solar power plants -- one of 150 MW in Lomanthang of Mustang district and the other of 125 MW in Chilime of Rasuwa district -- to Dolma Fund Management, a European developer.
Nov 26, 2018
ECONOMY

Remittance grows by record 37.3% despite fall in worker migr...

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KATHMANDU, Nov 26: Remittance inflow to the country has grown by a record 37.3 percent to Rs 242.17 billion in the first three months of current Fiscal Year 2018/19 despite significant decline in the rate of Nepali workers migrating abroad.
Nov 26, 2018
ECONOMY

Nepse closes firmly lower to start week

Nepse closes firmly lower to start week
KATHMANDU, Nov 26: Nepalese stocks posted significant moves to the downside on the first trading day of the week. The benchmark Nepal Stock Exchange (Nepse) opened the session on a flat note.
Nov 26, 2018
ECONOMY

Orient electric products hit Nepali market

Orient electric products hit Nepali market
KATHMANDU, Nov 26: EOL Pvt Ltd, a subsidiary of CG Electronics Pvt Ltd under the umbrella of Chaudhary Group, has brought Orient electric products in the Nepali market.
Nov 26, 2018
ECONOMY

Nabil offers Rs 300,000 health insurance for saving account...

Nabil offers Rs 300,000 health insurance for saving account holders
KATHMANDU, Nov 26: Nabil Bank Ltd has launched 'NabilCare' scheme for its depositors to provide them health insurance coverage. The scheme in partnership with Metlife insurance company is the bank's biggest health care coverage to its customers.
Nov 26, 2018