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Dry garlic skyrockets to Rs 560 a kilo as import from China stops
Published On: February 3, 2020 07:28 AM NPT By: Sujita Pradhan
KATHMANDU, Feb 3: The retail price of dry garlic imported from China climbed to a record high of Rs 560 per kilogram in the domestic market Sunday as imports from China have stopped since the past two weeks following a coronavirus outbreak in China.
Ncell plans to clear outstanding dues by June this year, says Secretary Dhungana
Published On: February 2, 2020 03:33 PM NPT By: Kunga Hyolmo
KATHMANDU, Feb 2: Revenue Secretary Shiva Kumar Dungana said on Sunday that Ncell has submitted a plan to the Large Taxpayers’ Office in a bid to clear all its dues by June this year.
Nepali pashmina industry fails to grow despite aid, incentives
Published On: February 2, 2020 09:45 AM NPT By: Republica
KATHMANDU, Feb 2: The Nepali pashmina industry has not been able to boost its business despite being listed in the high priority export list of the government due to lack of publicity and failing to produce the raw material domestically.
Contractors face Rs 90 million fine for missing deadline
Published On: February 2, 2020 09:36 AM NPT By: Dinesh Subedi
ROLPA, Feb 2: The Rural Road Network Improvement Project has terminated the agreement with JJECCAL-Pappu-Koshi and Neupane JV for failing to complete the road maintenance work within the given deadline.
Govt looks for alternative to fulfill gap from Chinese tourists
Published On: February 2, 2020 09:24 AM NPT By: Muna Sunuwar
KATHMANDU, Feb 2: The coronavirus outbreak in China and the country's restriction on group travel for its citizens is likely to affect the target set by the government in bringing 500,000 Chinese tourists to Nepal. The government is now looking into to attract tourists from other countries to fulfill the gap caused by the slump in Chinese tourists' arrival to Nepal.
Cooperatives' investment in production sector is mere 0.85 per cent
Published On: February 1, 2020 05:50 PM NPT By: RSS
KATHMANDU, Feb 1: The cooperatives sector is considered one of the three major pillars of the country's economy but its investment in the productive sector is a mere 0.85 per cent.
High cost of accreditation discourages organic farmers
Published On: February 1, 2020 01:00 PM NPT By: Muna Sunuwar
KATHMANDU, Feb 1: Organic farmers and entrepreneurs in the country are facing an uphill battle to sell their products overseas as foreign accreditation of their products is expensive.
Investors still await construction of electrical sub-station at Bhairahawa SEZ
Published On: February 1, 2020 12:58 PM NPT By: Rekha Bhusal
BUTWAL, Feb 1: Three years have already passed since the Special Economic Zone (SEZ) Bhairahawa has been involved in trying to complete the tender procedure for the electric sub-station. In 2016, during the second inauguration of the SEZ, former executive director Chandrika Prasad Bhatta had committed to complete the tender procedure within six months and construct the 33 KV sub-station in a year and half.
Sugar mills ignore floor price set by government
Published On: February 1, 2020 12:52 PM NPT By: PUSHPARAJ JOSHI
KANCHANPUR, Feb 1: Sugarcane farmers have been compelled to sell sugarcane at the price set by the sugar mills instead of the floor price set by the government at Rs 536.56 per quintal, which includes the government subsidy of Rs 65.28 per quintal.
Nepse extends gains after prior week's setbacks
Published On: February 1, 2020 12:46 PM NPT By: Republica
KATHMANDU: After witnessing notable selling pressure on Sunday, the week's trading was marked by upbeat trading. On the first trading day of the week, Nepal Stock Exchange (Nepse) index tumbled more than 20 points but recouped all its losses on the very next day as Monday saw the index recoup 24 points.
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