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World Bank giving additional credit of $200m
Published On: February 7, 2020 09:36 AM NPT By: Republica
KATHMANDU, Feb 7: The World Bank has approved an additional credit of US$ 200 million, approximately Rs 22.82 billion, for the implementation of the Earthquake Housing Reconstruction Project (EHRP) in Nepal.
Nepse ends week in red as selling pressure prevails
Published On: February 7, 2020 09:30 AM NPT By: Republica
KATHMANDU: Stocks dipped sharply from the opening trading hour on Thursday. The stock market continued its journey to negative side of the spectrum toward the closing trading session as selling pressure prevailed in the market. At the end of trading, the benchmark Nepal Stock Exchange (Nepse) index was down 8.67 points to close the week at 1,333.69 points.
Financial closure of Arun III hydropower project signed in Kathmandu
Published On: February 6, 2020 05:24 PM NPT By: RSS
KATHMANDU, Feb 6: The financial closure of Arun III hydropower project was inked in the capital on Thursday.
WB approves US$ 200 million for earthquake housing reconstruction
Published On: February 6, 2020 02:26 PM NPT By: RSS
KATHMANDU, Feb 6: The World Bank has approved an additional credit of US$ 200 million (NPR 22.82 billion approximately) for the implementation of the Earthquake Housing Reconstruction Project (EHRP) in Nepal on January 14, 2020. An agreement to this effect was signed today by Mr Shreekrishna Nepal, Joint Secretary, Ministry of Finance and Mr Faris H Hadad-Zervos, World Bank Country Manager for Nepal.
IBC gets over Rs 30 million grant
Published On: February 6, 2020 02:21 PM NPT By: RSS
KATHMANDU, Feb 6: The Kathmandu Metropolitan City has provided Rs 30.169 million grant for the construction of Dhamma hall of International Buddhist Centre (IBC).
3.17 million PAN cards issued so far
Published On: February 6, 2020 11:28 AM NPT By: Republica
KATHMANDU, Feb 6: The Inland Revenue Department (IRD) has issued a total of 3.17 million PAN cards across the country as of mid-January.
Construction of dry port at Timure faces labor shortage
Published On: February 6, 2020 11:25 AM NPT By: HIMNATH DEVKOTA
RASUWA, Feb 6: The construction of dry port at the Rasuwagadhi border point has been affected due to shortage of labor. The construction was started in mid-November but the widespread outbreak of coronavirus in China has led to the shortage of Chinese workers.
Japan gives Rs 50 million for disaster reduction
Published On: February 6, 2020 11:22 AM NPT By: Republica
KATHMANDU, Feb 6: The government of Japan is extending financial assistance of Rs 50.36 million to Citizens' Committee in Japan for Overseas Support, or Shapla Neer, under the Grant Assistance for Japanese NGO Projects Schemes.
Rs 89 billion invested in airport projects in past 2.5 years
Published On: February 6, 2020 10:48 AM NPT By: Republica
KATHMANDU, Feb 6: The government invested a total of Rs 89 billion in airport infrastructure development and acquisition of land for airports across the country over the past two and half years.
NT to switch off CDMA services
Published On: February 6, 2020 10:26 AM NPT By: Republica
KATHMANDU, Feb 6: Nepal Telecom (NT) has decided to switch off its CDMA service within Fiscal Year 2020/21.
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