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ECONOMY

HAN concerned about new order against alcohol

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Hotel Association Nepal (HAN) called an urgent meeting on Friday to draw attention of concerned bodies to a planned law that would 'further discourage consumption and marketing of alcohol'.
Dec 01, 2018
ECONOMY

20th Pokhara Street Festival all set to begin

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POKHARA, Dec 1: The tourist city of Pokhara is all set to welcome New Year 2019 and bid farewell to 2018 by organizing the 20th edition of Pokhara Street Festival. The 5-day-long event will begin on December 28.
Dec 01, 2018
ECONOMY

Finance minister tells Doing Business mission team to revise...

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KATHMANDU, Dec 1: Minister for Finance Yuba Raj Khatiwada has said that the World Bank needs to revise the basis and methodology of its Doing Business country rankings.
Dec 01, 2018
ECONOMY

MoF directs ministries to stop pushing for non-budgetary pro...

MoF directs ministries to stop pushing for non-budgetary programs and funds
KATHMANDU, Dec 1: The Ministry of Finance (MoF) has circulated a notice to all ministries not to push for non-budgetary programs and budgets.
Dec 01, 2018
ECONOMY

Disgruntled minister questions tenders for 20 bridges on fas...

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KATHMANDU, Dec 1: Minister for Physical Infrastructure and Transport Raghubir Mahaseth has voiced objection to the tender calls for 20 bridges on the Kathmandu-Tarai fast-track road, pointing out that these were made without preparing the detailed project report (DPR).
Dec 01, 2018
ECONOMY

NTB allocates Rs 1.7 billion for FY 2075/76

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KATHMANDU, Nov 30: Around four months after the commencement of the fiscal year 2075/76, the Nepal Tourism Board (NTB) has allocated around Rs 1.7 billion budget for the FY. The budget was approved by the Board of Directors of the NTB.
Nov 30, 2018
ECONOMY, WORLD

Putin endorses deal for Iran-EEU free trade zone

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MOSCOW, Nov 30: Russia’s President Vladimir Putin has endorsed a much-awaited agreement for the establishment of a free trade zone between Iran and the Eurasian Economic Union (EEU) thus facilitating the process for the Islamic Republic to join the Moscow-led regional economic bloc.
Nov 30, 2018
ECONOMY

China says US must be fair minded ahead of G20

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SHANGHAI, Nov 30:  China and the United States can reach a trade agreement at the G20 meeting in Argentina this week, the state-run China Daily newspaper said in an editorial on Friday, but Washington must be “fair minded” if it wants to defuse spiraling tensions.
Nov 30, 2018
ECONOMY

Trade deficit touches Rs 454b in 1st four months

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KATHMANDU, Nov 30: Trade deficit of the country increased by a whopping 40.3 percent to Rs 454.47 billion in the first four months of Fiscal Year 2018/19.
Nov 30, 2018
ECONOMY

National Microfinance Members’ Summit to kick off on Saturda...

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KATHMANDU, Nov 30: Center for Self-help Development (CSD) is hosting two-day ‘Second National Microfinance Members’ Summit’ in Kathmandu from Saturday.
Nov 30, 2018