ECONOMY, Latest Updates
Average room occupancy in five-star hotels down to 45%
Average room occupancy in five-star hotels down to 45%
KATHMANDU, March 5: Room occupancy in five-star hotels has sharply fallen to around 45% as travelers cancel or postpone their trips due to fear of coronavirus.
Mar 05, 2020
ECONOMY, Latest Updates
Overloaded trucks take toll on Ghorahi-Holeri Road
Overloaded trucks take toll on Ghorahi-Holeri Road
ROLPA, March 5: The quality of Ghorahi-Holeri Road, or Shahid Marga, is fast deteriorating due to movement of overloaded tipper trucks carrying limestone for a Dang-based cement factory, locals say.
Mar 05, 2020
ECONOMY, Latest Updates
Gold price sets a new record of Rs 80,500
Gold price sets a new record of Rs 80,500
KATHMANDU, March 5: The price of gold has set a new record of Rs 80,500 per tola (11.664 grams) in the domestic market on Wednesday.
Mar 05, 2020
ECONOMY
Nepse down by 68 points
Nepse down by 68 points
KATHMANDU: The Nepal Stock Exchange (Nepse) index dropping roughly 29 points by the first trading hour on Wednesday. A failed recovery attempt thereafter saw the major average maintain a negative bias throughout the session. Following a steady decline, the index plateaued slightly toward the end. No...
Mar 05, 2020
OPINION
Second chance
Second chance
In two years since he assumed office, Finance Minister Yubaraj Khatiwada has maintained a mixed legacy. He was instrumental in making the Investment Summit 2019 successful. The Summit, which was held in Kathmandu in March, 2019 had ended with signing of 15 memorandums of understanding (MoUs) with v...
Mar 05, 2020
OPINION
Hijacking democracy
Hijacking democracy
Algorithms will soon be a big part of human society. It is already being used to determine what people see on online platforms, detect traffic violations on the busy streets of cosmopolitan cities, suggest posts on social media, and fire unproductive employees. The general thinking is that the evalu...
Mar 05, 2020
OPINION
How not to leave Afghanistan
How not to leave Afghanistan
NEW YORK – After nearly two decades, 2,400 soldiers killed, another 20,000 wounded, and as much as $2 trillion spent, the United States is understandably eager to withdraw from Afghanistan. President Donald Trump wants to be able to claim in advance of the November 2020 election that he fulfilled hi...
Mar 05, 2020
OPINION
Sensibility for China
Sensibility for China
China is fighting against novel coronavirus to mitigate the loss and to save the lives of its citizens. The Chinese government has made all the efforts to prevent the spread of the virus beyond highly impacted areas in China. To fight against this epidemic, China opened 1,000-bed coronavirus hospita...
Mar 05, 2020
SOCIETY, Latest Updates
Six killed, 34 injured in two road accidents
Six killed, 34 injured in two road accidents
KATHMANDU, March 5: Six people were killed and 34 injured in two separate road accidents in Surkhet and Makawanpur districts on Wednesday.
Mar 05, 2020
POLITICS, Latest Updates
Economy on right trajectory but external challenges loom: Khatiwada
Economy on right trajectory but external challenges loom: Kh...
KATHMANDU, March 5: A day after he tendered his resignation as minister of finance as well as communications and information technology, Yuba Raj Khatiwada again took the oath of office and secrecy as finance minister amidst a special function held at Shital Niwas, Wednesday.
Mar 05, 2020