ECONOMY
Nepal imports 50,000 unassembled two-wheelers in 4 months, up by 89 pc
Nepal imports 50,000 unassembled two-wheelers in 4 months, u...
According to the data maintained by the Department of Customs (DoC), Nepali two-wheeler assembly plant owners imported 50,678 unassembled motorbikes from mid-July to mid-November in Fiscal Year 2024/25.
Nov 29, 2024
ECONOMY
Insurers settle Rs 789.30 million of Rs 12.26 billion in September disaster claims
Insurers settle Rs 789.30 million of Rs 12.26 billion in Sep...
Non-life insurers have settled only 6.43 percent of the insurance claims that they received against the damages caused by floods and landslides that took place on September 26-28.
Nov 29, 2024
ECONOMY
Non-life insurers’ business grows 11 percent in first four months of current FY
Non-life insurers’ business grows 11 percent in first four m...
The records with the Nepal Insurance Authority (NIA) show that a total of 14 non-life insurers were able to secure Rs 1.36 billion more in premium collection in the review period this fiscal year.
Nov 29, 2024
ECONOMY
Investment Board endorses investment in various hydropower projects
Investment Board endorses investment in various hydropower p...
During the meeting, the Prime Minister urged relevant bodies to work in coordination to create an environment conducive to investment.
Nov 29, 2024
ECONOMY
Himalaya Airlines to operate Pokhara-Lhasa flights
Himalaya Airlines to operate Pokhara-Lhasa flights
According to CAAN Joint Spokesperson Gyanendra Bhul, Himalaya Airlines has already submitted its schedule for the Pokhara-Lhasa route. “After almost two years, PRIA is finally preparing for international flights. Regular flights on this route could significantly boost the inflow of Chinese tou...
Nov 28, 2024
SOCIETY
Court slaps eight-year jail sentence and Rs 34.22 million fine on Paudel, Shrestha
Court slaps eight-year jail sentence and Rs 34.22 million fi...
KATHMANDU, Nov 28: The Special Court has sentenced Bikal Paudel, a former executive director of the Security Printing Center, and Saphal Shrestha, a former director of the Center, to eight years in prison, along with a fine of Rs 34.22 million each.
Nov 28, 2024
ECONOMY
Govt appoints chairmen for ASB and AUSB
Govt appoints chairmen for ASB and AUSB
A cabinet meeting on Thursday has appointed Sunil Kumar Dhungel as the Chairman of the Accounting Standards Board (ASB) and Jagannath Upadhyay Niraula as the Chairman of the Auditing Standards Boards (AUSB).
Nov 28, 2024
Republica Watch
Nepal's second int'l airport reopens two years later, but local euphoria is not the same
Nepal's second int'l airport reopens two years later, but lo...
While the resumption of international flights after a hiatus of more than two years signals hope for the future of the Gautam Buddha International Airport -- Nepal’s second international airport – several operational, logistical and policy hurdles must be addressed to unlock its full pot...
Nov 28, 2024
SOCIETY
Esha Thapa honored for contributions to spinal cord injury services in Asia
Esha Thapa honored for contributions to spinal cord injury s...
The ASCoN Star Award, initiated in 2015, recognizes outstanding contributions to the advancement of spinal cord injury (SCI) services and support.
Nov 28, 2024
SOCIETY
KMC resumes reconstruction of Sano Gaucharan Stadium with over Rs 180 million investments
KMC resumes reconstruction of Sano Gaucharan Stadium with ov...
The responsibility for the reconstruction has been awarded to Shubha Construction after the agreement was reached at Rs 188.6 million bids, as the tender was called with a cost estimated of Rs 229.5 million.
Nov 28, 2024