Nepal extends international flights suspension until May 31

Published On: May 11, 2021 08:20 PM NPT By: Republica

KATHMANDU, May 12: Amid rising numbers of coronavirus cases and alarmingly high number of deaths, Nepal has decided to extend the ongoing suspension of international flights to and from Kathmandu by another 17 days.

KATHMANDU, May 11: Kalimati vegetable market is suspending the retail business of vegetables and fruits being operated inside the market yard from Thursday, citing a growing risk of the coronavirus spread.

KATHMANDU, May 11: Dolma Fund Management (DFM) on Tuesday announced the first close of the second impact fund (Dolma II), a private equity fund worth $ 40 million, investing in renewable energy, healthcare and technology in Nepal.

NAC bringing in 400 units of oxygen cylinders and 20 ventilators from China

Bahrain prince and his team successfully scale Sagarmatha

Published On: May 11, 2021 09:31 AM NPT By: Republica

This is the first international team to conquer the newly announced altitude of 8848.86m of Mt Sagarmatha.

KATHMANDU, May 11: Contractors have urged the government to extend the deadline of the project construction period by additional one year, citing disruption in construction works due to ongoing prohibitory orders imposed by the government to contain the second wave of the COVID-19.

KATHMANDU, May 11: With the government authorities failing to conduct effective market monitoring, the black market of safety medical accessories such as disposable face masks and oximeters are found to be rampant.

Stocks erase prior day losses, but turnover remains low

Published On: May 10, 2021 09:51 PM NPT By: Republica

KATHMANDU, May 10: The equity market witnessed slight selling pressure in the morning as the Nepal Stock Exchange (Nepse) index fell around 10 points initially. Nonetheless, stocks saw upbeat movement thereafter with the benchmark trading more than 12 points higher around mid-day. The index continued to advance in the latter part of the afternoon and closed near its session high at 2,645.85. Monday’s gain stood at 27.41 points.

KATHMANDU, May 10: As the country has started facing a severe shortage of medical oxygen, the government has formed a task force to look after a smooth supply of the life-saving gas.

KATHMANDU, May 9: Maintaining high security in the use of the technology related services is a must to ensure the sustainable and trustworthy use of connectivity.