A senior CAAN officer stated, “We aim to launch flights between Dhaka and Pokhara within two months, starting with at least one flight per week.” Both Air Astra and Bangladesh Airlines have shown interest, with a study underway to assess the potential business on the Pokhara-Dhaka route.

Govt sets up Nepal Start-ups Fund of Rs 1 billion

Published On: May 28, 2024 03:58 PM NPT By: Republica

KATHMANDU, May 28: The government has announced establishing an Rs 1 billion Nepal Start-ups Fund to promote the start-up culture.

Govt allocates Rs 5.46 billion for promotion of tourism

Published On: May 28, 2024 03:54 PM NPT By: Republica

KATHMANDU, May 28: The government has allocated Rs 5.46 billion for the promotion of tourism, said Finance Minister Barsha Man Pun while presenting the budget for the fiscal year 2024/25 in parliament on Tuesday.

KATHMANDU, May 28: The government has allocated a subsidy amount of Rs 27.95 billion for farmers for the purchase of chemical fertilizers.

KATHMANDU, May 28: Finance Minister Barsha Man Pun has announced plans to launch commercial farming of marijuana in the country for medicinal purposes.

KATHMANDU, May 28: The government has admitted that there has not been expected improvement in the economy since the establishment of the republican system in the country.

Gold price rises by Rs 400 per tola

Published On: May 28, 2024 11:53 AM NPT By: Republica

KATHMANDU, May 28: The price of gold has increased by Rs 400 per tola in the domestic market today compared to yesterday.

KATHMANDU, May 28: The Ministry of Finance (MoF) accounted for the largest amount of arrears among the government ministries during the last fiscal year.

KATHMANDU, May 28: Finance Minister Barshaman Pun will present the annual budget for the fiscal year 2024/25 before the joint session of parliaments on Tuesday.

15 public enterprises including NAC at loss

Published On: May 27, 2024 09:55 PM NPT By: Republica

KATHMANDU, May 27: Fifteen public enterprises including the Nepal Airlines Corporation (NAC) have been operating at a loss for a couple of years or more.

KATHMANDU, May 27: The government is yet to recover Rs 286 million from various hydropower projects.