Nepse ekes out marginal gains in volatile trading

Published On: January 22, 2020 08:37 AM NPT By: Republica

KATHMANDU: Stocks opened on a positive note on Tuesday as the major average saw a steady rise in the first trading hour. The Nepal Stock Exchange (Nepse) index added 13 points in the morning session before succumbing to selling pressure in th e afternoon. After trading roughly 7 points lower at mid-session, Nepse staged a recovery toward the closed ended the day 3.26 points higher at 1,320.47 points.

Nepse down 27 points on heavy profit booking

Published On: January 21, 2020 09:37 AM NPT By: Republica

KATHMANDU: Stocks began trading on a positive note on Monday as Nepal Stock Exchange (Nepse) index added more than 16 points in the morning session. However, it fell in the negative territory as sellers prevailed in the latter trading hours as the index witnessed a decline to close the day with a 26.54 points retracement at 1,317.11 points.

FMTC to sell essential goods from mobile vans

Published On: January 21, 2020 09:31 AM NPT By: Republica

KATHMANDU, Jan 21: The Food Management and Trading Company Ltd (FMTC) has announced its plan to sell essential goods from mobile vans soon. The FMTC plans to purchase two mobile vans which will be used to sell essential goods like rice, sugar, pulse and even induction stoves. The FMTC plans to purchase compact size vans to easily navigate the alleys in the capital.

NTB’s CEO selection process lingers over trivial issues

Published On: January 21, 2020 09:23 AM NPT By: Republica

KATHMANDU, Jan 21: The process of selecting the new chief executive officer (CEO) for Nepal Tourism Board (NTB) has lingered over trivial issues.

Biratnagar ICP to come into operation today

Published On: January 21, 2020 09:01 AM NPT By: Republica

KATHMANDU, Jan 21: The country's second integrated check post (ICP) in Biratnagar is officially coming online from Tuesday with India handing over the key trade infrastructure to Nepal.

NEA requests locals to accept new right of way

Published On: January 21, 2020 08:55 AM NPT By: Republica

KATHMANDU, Jan 21: Nepal Electricity Authority (NEA) has taken initiative to resolve differences with locals of Gorkha who have been obstructing construction of 220 kV double-circuit Marsyangdi Corridor Electricity Transmission Line.

Five hydroelectricity projects under construction in Lamjung

Published On: January 20, 2020 02:35 PM NPT By: RSS

LAMJUNG, Jan 20: Five hydropower projects are under construction in the district at the total cost of Rs 23 billion. These hydel projects are based in Dordikhola and Dordi corridor.

KATHMANDU, Jan 20: The Office of Investment Board Nepal (IBN) on Sunday signed a memorandum of understanding (MoU) with the joint venture of Hydroelectricity Investment and Development Company Ltd (HIDCL) and Power China to conduct detailed feasibility of Tamor Storage Hydroelectricity Project (756 MW).

Hygiene stickers for resorts and hotels in Nagarkot

Published On: January 20, 2020 12:25 PM NPT By: Madhusudhan Guragain

BANEPA, Jan 20: The Department of Food Technology and Quality Control (DFTQC) has approved the hygiene level of four dozen hotels and resorts in Nagarkot.

Madan Kharel resigns from top post at NAC

Published On: January 20, 2020 11:05 AM NPT By: Republica

KATHMANDU, Jan 20: Madan Kharel, executive chairman of Nepal Airlines Corporation (NAC), tendered his resignation on Sunday.