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ECONOMY

Call for red carpet treatment to FDI in priority sectors

Call for red carpet treatment to FDI in priority sectors
KATHMANDU, Sept 7: Private sector leaders and economists have said that the government should roll out red carpet to foreign direct investors only after making sure that their investments do not compromise or affect national interests of the country.
Sep 07, 2018
ECONOMY

Soaring fuel prices (with video)

Soaring fuel prices (with video)
KATHMANDU, Sept 6: Nepal Oil Corporation (NOC) has increased the prices of petroleum products on Wednesday. This is the fourth price hike after KP Sharma Oli was sworn in as the country’s prime minister in Feb 2018. Now petrol is dearer by Re 1, kerosene and diesel by Rs. 3 in every liter.
Sep 06, 2018
ECONOMY

Govt at work to introduce one-door policy

Govt at work to introduce one-door policy
KATHMANDU, Sept 6: Minister for Industry, Commerce and Supplies Matrika Prasad Yadav today said that the government was at work to introduce one-door policy in a bid to attract foreign investment.
Sep 06, 2018
ECONOMY

Minister Pun urges Bangladeshi investors to invest in Nepal

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DHAKA, Sept 6: Minister for Energy, Hydropower and Irrigation Barshaman Pun has said that bilateral cooperation on energy sector between Nepal and Bangladesh would play a significant contribution to the development of energy sector, which would benefit both countries.
Sep 06, 2018
ECONOMY

USD reaches all time high Rs 115.11

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KATHMANDU, Sept 6:  A US dollar (USD) has reached an all time high of Rs. 115. 11 on Thursday.
Sep 06, 2018
ECONOMY

Nepse posts solid gains, rises for fifth straight day

Nepse posts solid gains, rises for fifth straight day
KATHMANDU, Sept 6: The sole equity market traded flat for the first hour of the trading session on Wednesday. However, a mid-day surge helped the Nepal Stock Exchange (Index) add more than 33 points to reach an intraday high of 1,243.61 points in the afternoon. The index fell slightly towards the se...
Sep 06, 2018
ECONOMY

Laxmi Bank, K-Lab sign agreement to launch community campaig...

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KATHMANDU, Sept 6: Laxmi Bank Ltd and Krown Laboratory & Referral Center (K-Lab) have signed an agreement for a community campaign named 'K-lab for Community'. The major target of the campaign is to provide quality laboratory services at reasonable cost throughout the country, a statement issued on...
Sep 06, 2018
ECONOMY

Yamaha announces 'Vijaya Yatra'

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KATHMANDU, Sept 6:  MAW, the authorized distributor of Yamaha motorcycles and scooter for Nepal, has announced its festive offer targeting upcoming Dashain and Tihar festivals. Under the scheme named 'Vijaya Yatra', customers of Yamaha two-wheelers can get cash discounts from Rs 7,000 up to Rs 100,0...
Sep 06, 2018
ECONOMY

Tea workers launch protest demanding implementation of minim...

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ILAM, Sept 6: Tea workers of eastern Nepal have launched a protest against tea industries following the latter's reluctance to pay them minimum wage fixed by the government.Though the government has revised the minimum wage twice, industries are still paying farmers as per the earlier wage structure...
Sep 06, 2018
ECONOMY

Bhawan Bhatta elected NPBCL chairman

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KATHMANDU, Sept 6: Nepal Purbadhar Bikash Company Ltd, the developer of Kathmandu-Kulekhani-Hetauda Tunnel Highway Project, has elected Bhawan Bhatta as its new chairman.
Sep 06, 2018