My Republica

Kuvera Chalise

Business and Economy Bureau Chief of Nagarik (national vernacular daily) and Republica (English national daily), Kuber Chalise (print name: Kuvera Chalise) has almost two decades’ experience of journalism especially in business and economy.

NAC to buy two widebody jets

Published On: September 12, 2016 01:50 AM NPT By: Kuvera Chalise

KATHMANDU, Sept 12: If everything goes as planned, national flag carrier Nepal Airlines Corporation (NAC) will have a new Airbus  in its fleet by next September. "We are planning to bring one widebody aircraft by next September while a second one will arrive by April 2018," according to Nepal Airlines Corporation (NAC) Managing Director Sugat Ratna Kansakar.

Parliament ratifies Kyoto convention

Published On: September 10, 2016 01:50 AM NPT By: Kuvera Chalise

KATHMANDU, Sept 10: The parliament ratified International Convention on the Simplification and Harmonization of Customs procedures (revised Kyoto Convention) on Friday.

FM Mahara: No plan to bring supplementary budget

Published On: September 9, 2016 12:02 AM NPT By: Kuvera Chalise

KATHMANDU, Sept 9: Dispelling rumors that the government is planning to bring a supplementary budget, Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara has said that the government has no such plan.

Nepal among top performers in water security: ADB

Published On: August 31, 2016 12:20 AM NPT By: Kuvera Chalise

KATHMANDU, Aug 31: Nepal, with a score of 37.3 points, is one of the top performers in the national water security index, according to a report prepared by the Asian Development Bank (ADB).

Nepal fares better in Habitat Commitment Index

Published On: August 23, 2016 12:50 AM NPT By: Kuvera Chalise

KATHMANDU, Aug 23: Nepal has fared marginally better in the recently released Habitat Commitment Index (HCI), which tracks every country's performance record as against the commitments made during Habitat II in Istanbaul in1996.

PM urged to crack the whip over development projects

Published On: August 17, 2016 09:00 AM NPT By: Kuvera Chalise

KATHMANDU, Aug 17: Apart from improving the current governance system and restructuring the administration, the political leadership must regularly prod the bureaucracy to expedite development projects, according to experts.

Bumpy road awaits new finance minister

Published On: August 5, 2016 04:15 AM NPT By: Kuvera Chalise

KATHMANDU, August 5: The road ahead for the newly appointed Minister for Finance Krishna Bahadur Mahara is bumpy, not only because he is now a part of the battered economy but also because he has inherited the uncertainty and shortage of time coupled with eroding capacity and productivity of the bureaucracy, popularly known as the permanent government.

Will govt refund tax collected since July 16?

Published On: July 23, 2016 02:50 AM NPT By: Kuvera Chalise

KATHMANDU, July 23: The government has to refund the taxes collected since the last one week -- or the beginning of the current fiscal year on July 16 -- as Finance Bills presented by the incumbent government were rejected by Parliament on Friday.

Nepal's inflation highest in South Asia

Published On: July 19, 2016 03:00 AM NPT By: Kuvera Chalise

KATHMANDU, July 19: Nepal has the highest inflation in South Asia, according to a regional report.

‘Maintaining price stability is NRB’s responsibility’

Published On: July 7, 2016 09:26 AM NPT By: Kuvera Chalise

KATHMANDU, July 6: Nepal Rastra Bank (NRB) should work for maintaining price stability, whereas the government should shoulder the responsibility of propelling growth, according to experts.

90% Nepalis struggling or feel sense of insecurity

Published On: June 30, 2016 01:00 PM NPT By: Kuvera Chalise

KATHMANDU, June 30:Some 90 percent of Nepalis are either suffering from a sense of insecurity, or struggling.Though the middle class in Nepal has grown over three times -- from 7 percent to 22 percent -- in the 15 years between 1995 and 2010, it is still most vulnerable as they are mostly either suffering from a sense of insecurity or struggling, reads a World Bank study report titled 'Moving Up the Ladder', released in Kathmandu, Wednesday.

11th hour: Govt on spending spree as FY end nears

Published On: June 27, 2016 01:05 PM NPT By: Kuvera Chalise

KATHMANDU, June 26: Government expenditure, which was sluggish till the 11th month of the fiscal year, is gaining momentum in the final month of the fiscal year.