NEPALGUNJ, July 3: Goods are easily smuggled through the Nepalgunj border in western Nepal, which is connected to India. The smugglers have effectively engaged the customs officials, security personnel and others to smuggle large quantities of goods.

Call to accelerate implementation of ADB-funded projects

Published On: October 20, 2016 05:21 PM NPT By: Republica

KATHMANDU, Oct 20: Stress has been laid on accelerating the implementation of projects financed by the Asian Development Bank (ADB).

KATHMANDU, Oct 19: Political leaders and female business leaders have called for the harnessing of the full potential of women in South Asia to boost economic growth of the region.

Meeting to review ADB-funded projects today

Published On: October 20, 2016 10:01 AM NPT By: Republica

KATHMANDU, Oct 19: A meeting to review the progress of different development projects funded by the Asian Development Bank (ADB) is set to be held at the premise of Ministry of Finance (MoF) in Kathmandu on Thursday.

Bheri-Babai multipurpose project to start within a year

Published On: October 20, 2016 09:53 AM NPT By: Republica

SURKHET, Oct 19: The tunnel-digging process of the Bheri-Babai Diversion project is scheduled to start in the current fiscal year.

Sebon to study opening NRN investment in share market

Published On: October 20, 2016 08:56 AM NPT By: Republica

KATHMANDU, Oct 19: The Securities Board of Nepal (Sebon) has formed a committee to study possible effects of opening the secondary share market to direct investment from non-resident Nepalis (NRNs) and to draft a working procedure for such investment.

Nepal, China sign MoU on consumers’ rights

Published On: October 20, 2016 08:49 AM NPT By: Republica

KATHMANDU, Oct 19: Nepal and China on Wednesday signed a memorandum of understanding (MoU) on the bilateral exchange of information on the areas of consumers’ rights protection, and trade and commerce relations.

IDMC launches XCMG excavator

Published On: October 20, 2016 08:44 AM NPT By: Republica

KATHMANDU, Oct 20: IDMC Pvt Ltd has introduced XCMG 215 excavators to the Nepali market.

Arrival of Chinese tourists on an upward spiral

Published On: October 19, 2016 01:34 PM NPT By: Republica

RASUWA (Dhunche), Oct 19: The number of Chinese tourists entering Nepal from the northern transit route in Rasuwa is increasing day by day.

KATHMANDU, Oct 18: Taking exception over changes made by the Ministry of Finance (MoF), Nepal Rastra Bank (NRB) Governor Chiranjibi Nepal has urged the parliament to endorse the first draft of amendments made to the Bank and Financial Institution Act (BAFIA) bill instead of its present form.

Spending on development less than 4% in first 90 days

Published On: October 19, 2016 09:12 AM NPT By: Republica

KATHMANDU, Oct 18: Progress in capital spending by the government has gone down this year with only 3.37 percent of the budget allocated for the purpose spent in the first ninety days, or first quarter, of this fiscal year.