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 mulling to resume domestic flights to hilly districts

Published On: August 26, 2020 08:55 AM NPT By: Republica

KATHMANDU, Aug 26: As the government is gearing up preparations to resume international air service from next week, it is also mulling to resume domestic flights to and from hilly districts in the country.

Nepse stretch winning streak for a fourth straight day

Published On: August 26, 2020 07:24 AM NPT By: Republica

KATHMANDU, Aug 25:Stretching previous day gains, the benchmark Nepal Stock Exchange (Nepse) climbed almost 10 points in the first few minutes of trading. Following a brief correction on profit booking on some of the stocks, the index fell marginally in the red within the first trading hour. Trading hours, thereafter, saw the index make a recovery to finally close the day in green. At the session’s end, Nepse stood at 1,440.94 points – up 9.34 points against the session earlier.

Tourism ministry achieves 60 pc progress in last fiscal

Published On: August 25, 2020 08:35 PM NPT By: Republica

KATHMANDU, Aug 25: The Ministry of Culture, Tourism and Civil Aviation (MoCTCA) has achieved 60 percent progress in the last fiscal year 2019/20, according to Tourism Minister Yogesh Bhattarai.

KATHMANDU, Aug 25: Nepal’s import expenditure went down by 19.6% in the first month of the current fiscal year, following a fall in economic activities amid a rising spread of COVID-19.

In an email interview with Republica, Faris Hadad-Zervos, World Bank Country Director for the Maldives, Nepal and Sri Lanka, explains the framework along with other issues like the World Bank’s support to Nepal and how the government should manage its resources during this crisis:

Stocks stretch advance with massive volume jump

Published On: August 25, 2020 08:00 AM NPT By: Republica

KATHMANDU, Aug 24: The Nepal Stock Exchange (Nepse) saw upbeat trading since the beginning of Monday’s session. The Nepse index climbed 8 points early in the morning and plateaued at mid-day. A sharp rally around mid-session helped the benchmark hit its intraday high at 1,433 points. Following a brief correction in the afternoon, the index staged a steady rebound to close the day at 1,431.61 points – up 21.61 points against the session earlier.

KATHMANDU, Aug 24: The government has said that it will distribute fertilizers to farmers as per  a schedule to avoid crowding in the distribution centers.

Market sees active participation despite lockdown in order

Published On: August 24, 2020 07:48 AM NPT By: Republica

KATHMANDU, Aug 23: The stock market opened the week’s trading on a mildly positive note. The Nepal Stock Exchange (Nepse) index traded around 5 points higher in the morning. After a brief dip towards red at mid-day, the benchmark maintained positive bias throughout the latter trading hours. Following flat trading for most of the afternoon, a last hour rally led the Nepse to a gain of 12.77 points to settle at 1,410.34 points.

Flipkart enters Nepali market in partnership with Sastodeal

Published On: August 23, 2020 08:45 PM NPT By: Republica

KATHMANDU, Aug 23: Flipkart has entered the Nepali market in partnership with Sastodeal, a Nepal-based online shopping website to sell its products.

Schedule for regular Int'l flight to be ready by Tuesday

Published On: August 23, 2020 08:02 PM NPT By: RSS

KATHMANDU, Aug 23: The Ministry of Culture, Tourism and Civil Aviation is gearing up to prepare the schedule for the regular international flight that would be resumed from September 1 after nearly five months.