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Remittances provide temporary cushion to Nepal’s troubled economy
Published On: November 26, 2020 11:53 AM NPT By: Bal Krishna Gnawali
KATHMANDU, Nov 26: At a time when the world economy was hard hit by the ongoing pandemic, improvement in Nepal’s remittances inflow has made it easier for the government to operate. Contrary to the projection of drop in the remittances flow, it has increased by 12.5 percent, helping the government in expanding its expenditure scope. The remittances flow was projected to drop by at least 15 percent after COVID-19 pandemic.
Daraz, Nabil Bank launch "Sarathi" program
Published On: November 26, 2020 10:46 AM NPT By: Republica
KATHMANDU, Nov 26: Nepal’s leading online marketplace, Daraz, has officially launched the Daraz Sarathi program in collaboration with Nabil Bank.
Nepal sees 12.6 percent rise in remittance inflows in the first quarter
Published On: November 26, 2020 10:25 AM NPT By: Republica
KATHMANDU, Nov 26: Remittance inflows in the first three months of the current fiscal year increased by 12.6 percent to Rs.258.86 billion despite projections made for the possible decline in the remitted money with the global spread of COVID-19. During the review period last year, the remittance amount had declined by 5.1 percent.
Nepal sees fall in import and rise in export
Published On: November 25, 2020 07:30 PM NPT By: RSS
KATHMANDU, Nov 25: The import of foreign goods has decreased while export has increased in the first four months of the current fiscal year 2077/78 BS.
Gold price drops by Rs 1,000 per tola
Published On: November 25, 2020 02:54 PM NPT By: Republica
KATHMANDU, Nov 25: The price of gold has dropped by Rs 1,000 per tola (11.66 grams) in the domestic market on Wednesday.
Kathmandu-Terai Fast Track project achieves only 11 percent progress (with photos)
Published On: November 25, 2020 01:40 PM NPT By: Republica
COVID-19, delay in DPR approval and selection of consultants affected the project, says Nepal Army
Daily Commentary: Nepse benchmark index jumps 29.68 points
Published On: November 24, 2020 08:50 PM NPT By: Republica
Stocks erase previous day loss to close firmly higher
Gold price goes down by Rs 1,800 per tola
Published On: November 24, 2020 01:45 PM NPT By: Republica
KATHMANDU, Nov 24: The price of gold has decreased by Rs 1,800 per tola in the Nepali market on Tuesday.
Six crusher plants shut down in Tanahu
Published On: November 23, 2020 04:02 PM NPT By: RSS
TANAHU, Nov 23: The District-Level Monitoring Committee, Tanahun, has ordered the closure of six illegally-run crusher plants in the district.
Good Bricks aims to revolutionize Nepal’s brick industry
Published On: November 23, 2020 11:54 AM NPT By: Republica
KATHMANDU, Nov 23: Good Bricks System by InnoCSR, a South Korean company, has introduced responsible and sustainable impact technology brick solutions in Indonesia, Korea, Myanmar, and Nepal. Using a proven technology, the leading South Korean company says that its bricks are stronger and last longer.
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