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Govt bans imports of high-end cars, expensive edibles
Published On: March 31, 2020 04:25 AM NPT By: RAJESH KHANAL
KATHMANDU, March 31: The government has barred import of luxury vehicles and a number of expensive edibles to avoid possible fall in foreign currency reserve of the country as economic activities come to a halt due to COVID-19 outbreak.
ISPs say can't provide 25% off on Internet service sans subsidy
Published On: March 31, 2020 03:23 AM NPT By: Republica
KATHMANDU, March 31: Internet service providers have said that they cannot provide 25% discount on Internet service as announced by the government unless they receive subsidy or any other support from the government.
NTB stops rescue operation with the rescue of 1,331 stranded tourists
Published On: March 31, 2020 03:05 AM NPT By: Muna Sunuwar
KATHMANDU, March 31: Nepal Tourism Board (NTB) has stopped rescue operation of stranded tourists after bringing 1,331 foreigners from different places of Nepal to Kathmandu in five days. The national tourism promotion organization had started rescue operation since Thursday.
NRB cuts policy rates, defers all loan repayments until mid July
Published On: March 30, 2020 10:44 AM NPT By: Republica
KATHMANDU, March 30: Nepal Rastra Bank (NRB) has introduced a number of relief measures aimed at providing relaxation on repayment of loans for businesses and individuals impacted by the Covid-19, ease liquidity in the banking system and promote electronic transactions and payment.
Revenue collection from domestic sources on the rise
Published On: March 30, 2020 10:40 AM NPT By: Republica
KATHMANDU, March 30: The government's aim to switch to domestic sources from taxes on imported goods for major tax revenue collection seems to have yielded success to some extent with the significant rise in value-added tax (VAT) from internal economic activities.
Veg prices escalate in Bhaktapur amid lockdown
Published On: March 30, 2020 10:35 AM NPT By: Krishna KC
BHAKTAPUR, March 30: Retailers of Bhaktapur have been found charging an exorbitant price for fresh vegetables amid lockdown.
Govt announces economic relief measures to support poor, businesses hit by Covid-19
Published On: March 30, 2020 10:00 AM NPT By: Sagar Ghimire
KATHMANDU, March 30: The government has come up with a relief measures that aims to extend support to poor and vulnerable hit by the Covid-19 and government lockdown as well as measures to support the businesses and economy from the impact of the pandemic.
Rasuwagadhi and Tatopani borders yet to come online
Published On: March 29, 2020 11:22 AM NPT By: HIMNATH DEVKOTA
RASUWA, March 29: Tatopani and Rasuwagadhi, the main land routes for trade with China, are yet to come into operation despite the decision by both the countries to bring these border points online.
Tourists reluctant to go back home
Published On: March 29, 2020 10:57 AM NPT By: Santosh Pokharel
POKHARA, March 29: The District Administration Office of Mustang district sent 58 foreign tourists to Kathmandu on Saturday. But 10 foreign tourists who came in contact with the government officials in the district declined to go back to Kathmandu. They are currently staying in hotels in the district.
Internet bandwidth increases by 25% amid lockdown
Published On: March 29, 2020 10:55 AM NPT By: Republica
KATHMANDU, March 29: The use of internet bandwidth has increased by 25% in recent days due to the nationwide lockdown. The lockdown has forced people to work from home and children are also using the internet for entertainment and educational purposes.
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