AOAN steps up preparedness against COVID-19

Published On: March 4, 2020 09:26 AM NPT By: Republica

KATHMANDU, Mar 4: The Airlines Operators Association of Nepal (AOAN) has requested passengers suffering from fever and common cold, among other symptoms of coronavirus (COVID-19), to stop flying.

Himalaya Airlines adds A319 aircraft to fleet

Published On: March 4, 2020 09:17 AM NPT By: Republica

KATHMANDU, Mar 4: Himalaya Airlines, the private international airline of Nepal, has added an A319-115 aircraft to its fleet on Monday.

NTA launches apps to test call quality, Internet speed

Published On: March 4, 2020 09:10 AM NPT By: Republica

KATHMANDU, Mar 4: Nepal Telecommunications Authority (NTA) has launched two mobile applications – Call Test and Speed Test – that allow consumers to check their call quality and Internet speed.

Nepse closes in green after two-day slump

Published On: March 4, 2020 09:03 AM NPT By: Republica

KATHMANDU: After sliding more than 50 points in the initial trading hour, the Nepal Stock Exchange (Nepse) index staged a massive recovery recouping all of its morning losses to trade roughly 30 points higher within the first trading hour. The index then gyrated between gains and losses on volatile trading day but largely maintained positive bias. At Tuesday's close, the index stood at 1,509.67 points, up 14.37 points against Monday's session.

Corona effect all-pervasive in Annapurna trek

Published On: March 3, 2020 12:25 PM NPT By: RSS

MANANG, March 3: The Annapurna trekking route has seen no human mobility due to fear stemming from global epidemic of coronavirus.

KATHMANDU, March 3: Amidst fear of the coronavirus (COVID-19) outbreak in Nepal, the government is taking precautionary measures to prevent the spread of coronavirus from travelers.

KATHMANDU, March 3: Nepal Electricity Authority (NEA) that has been criticized for failing to recover the dues of dedicated feeders and trunk lines from number of big industrialists, has now started pressurizing number of factories operating in the Butwal-Bhairahawa Industrial Corridor to clear the dues on the same headings.

Nepse slumps 96 points amid heavy correction

Published On: March 3, 2020 10:24 AM NPT By: Republica

KATHMANDU, March 3: Weakness carried over to Monday's session as the equity market witnessed a sharp slide in the morning. The Nepal Stock Exchange (Nepse) index fell almost 40 points in the beginning half an hour but staged a recovery. Nonetheless, the rebound was short lived as sellers dominated the latter trading session. The index hit its 2 hour lower circuit limit of 5% at 12:46 am before trading was halted for 40 minutes. On the resumption, Nepse sank further 1% to hit the day's negative circuit limit of 6% with more than 1 and a half hour of sessiormal trading hour remaining. With the session cut short, Nepse registered a loss of 96.06 points to settle at 1,495.30 points.

KATHMANDU, March 3: The government is negotiating the preferential trade agreement (PTA) with Bangladesh, persuading Bangladesh to remove an array of duties and charges that it levies over and above basic customs duties on products of export. Ministry of Industry, Commerce and Supplies (MoICS) and South Asia Watch on Trade, Economics and Environment (SAWTEE) jointly organized a program on Sunday on Nepal-Bangladesh trade and connectivity.

NPC releases 15th five-year plan

Published On: March 3, 2020 10:11 AM NPT By: Republica

KATHMANDU, March 3: The National Planning Commission's (NPC), after its full- fledged meeting with Prime Minister KP Sharma Oli, has released the 15th five-year plan.