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.

Sebon warns not to operate commodity exchange business illegally

Published On: January 29, 2023 09:05 PM NPT By: Republica

KATHMANDU, Jan 29: The Securities Board of Nepal (Sebon) has warned the firms concerned not to operate commodity exchange markets.

KATHMANDU, Jan 29: Nepal Stock Exchange (Nepse) on Sunday fell 14.68 points to close at 2,168.53 points.

Gold price rises by Rs 200 per tola

Published On: January 29, 2023 03:30 PM NPT By: Republica

KATHMANDU, Jan 29: The price of gold has increased by Rs 200 per tola in the domestic market today.

PPMO blacklists 12 companies

Published On: January 29, 2023 01:00 PM NPT By: Republica

KATHMANDU, Jan 29: The Public Procurement Monitoring Office (PPMO) has blacklisted 12 various companies. The PPMO stated in a notice that construction and supplier companies have been blacklisted from one year to three years on the recommendation of various bodies.

KATHMANDU, Jan 29: Two Chinese companies have been shortlisted for construction of the 100 MW Tamakoshi-5 Hydropower Project.

Cement production cut down by 70 percent

Published On: January 29, 2023 09:30 AM NPT By: Dilip Paudel

KATHMANDU, Jan 29: The cement industry has cut its production by up to 70 percent due to the drop in demand in the market. Due to the heavy decline in the demand for cement due to stagnation of development projects resulting from liquidity crisis in banks, reduction in capital expenditure, lack of construction materials, the production has been affected.

Flights at TIA resume after two hours

Published On: January 28, 2023 07:54 PM NPT By: Republica

KATHMANDU, Jan 28: International flights were halted at the Tribhuvan International Airport on Saturday afternoon due to a technical problem. Airport authorities said that the flights resumed after two hours.

KATHMANDU, Jan 28: Two Chinese companies have been shortlisted for construction of the 100 MW Tamakoshi-5 Hydropower Project.

KATHMANDU, Jan 28: Nepal Stock Exchange (Nepse) last week increased marginally by 4.40 points after the banks posted not so encouraging financial statements as of the first half of this fiscal year due to an increasing proportion of their bad debts.

50,000 metric tons of wheat required to address shortage

Published On: January 27, 2023 04:15 PM NPT By: Republica

KATHMANDU, Jan 27: The Nepal Flour Mills Association has demanded that the government immediately procure 50,000 metric tons of wheat from the Indian government. Since flour mills will run and all sectors will benefit from the availability of wheat, the Association has also requested the government to immediately proceed with the process of importing wheat instead of importing flour.