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Govt, private sector take initiatives for daily Dhaka-Pokhara flights
Published On: June 13, 2024 11:05 AM NPT By: Santosh Pokharel
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.
Supreme Court issues a show-cause order on tax rise on electric vehicles
Published On: July 30, 2020 07:34 AM NPT By: Republica
KATHMANDU, July 30: The Supreme Court on Wednesday issued a show-cause order against the government decision to raise the taxes on electric vehicles.
Nepse ends 23 points lower as all sectors suffer
Published On: July 30, 2020 07:10 AM NPT By: Republica
KATHMANDU, July 30: Stock market came under considerable pressure on Wednesday’s trading. After a fall of nearly 14 points within an half hour of trading in the morning, the Nepal Stock Exchange (Nepse) benchmark index tried to hold ground at mid-session. However, pulled by a constant bearish pressure, the market witnessed a steady decline till the final trading hours. At the close, the index stood at 1,431.52 points – down by 23.36 points against Tuesday’s close.
Hotel operators to attract domestic tourists for instantaneous revival
Published On: July 29, 2020 09:05 PM NPT By: Muna Sunuwar
KATHMANDU, July 30: As the restriction on operation of hotels comes to an end, hotel operators are working to draw the attention of domestic tourists for instantaneous revival of the hospitality sector of the country.
Nepal urges AIIB to be flexible on concessional financing to low-income countries
Published On: July 29, 2020 04:31 PM NPT By: Republica
KATHMANDU, July 29: Nepal has urged the Asian Infrastructure Investment Bank (AIIB) to be more flexible on concessional finance to low income countries like Nepal.
Daily Commentary: Nepse suffers marginal decline
Published On: July 29, 2020 09:25 AM NPT By: Republica
KATHMANDU, July 28: Nepse witnessed a relatively subdued trading on Tuesday. Despite opening higher and gyrating between gains and losses in the morning, stocks remained under pressure throughout the afternoon's session. The Nepal Stock Exchange (Nepse) benchmark index shed 7.59 points to end Tuesday’s trading at 1,454.89 points.
CIAA asks FNCCI to submit details of its agriculture-related projects
Published On: July 28, 2020 08:45 PM NPT By: Republica
KATHMANDU, June 28: The Commission for the Investigation of Abuse of Authority (CIAA), expressing its concern over the possible financial misappropriation at the Agro Enterprise Center (AEC) under the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has asked the federation to provide details of the projects run by the AEC.
Daily Commentary: Nepse corrects slightly, while turnover remains moderate
Published On: July 28, 2020 08:21 AM NPT By: Republica
KATHMANDU, July 27: After opening slightly higher and climbing over 10 points in the morning session, the Nepal Stock Exchange (Nepse) benchmark index retreated in the session after the mid-day. Thereafter, the index managed to trade in green throughout the session, but witnessed a modest dip towards the close. At Monday’s close, the index edged 2.62 points lower to end at 1,462.48 points.
Nepal’s trade deficit decreased by 16.71% in last fiscal year
Published On: July 27, 2020 08:25 PM NPT By: Republica
KATHMANDU, July 27: Nepal’s trade deficit in the last fiscal year dropped by 16.71% to Rs 1.1 trillion with a fall of a double digit percent point in import expenses.
Traders hike sugar price when festivals are round the corner
Published On: July 27, 2020 03:10 PM NPT By: Republica
KATHMANDU, July 27: Through an ‘unfair move’ once again, sugar traders have hiked the price of sugar by up to Rs 15 per kg with this year’s festival season just round the corner.
Capacity of Damak and Bardaghat substations increased
Published On: July 27, 2020 02:56 PM NPT By: Republica
KATHMANDU, July 27: Nepal Electricity Authority (NEA) has increased the capacity of its substations at Damak in Jhapa and Bardaghat in Nawalparasi to make the power supply systematic, reliable and effective.
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