Ayam Shrestha

Improve communications with Chinese and other potential investors: Yongyang

July 16, 2018 07:33 AM

Chinese company Chongquin Machinary & Electronics Holding (Group) Co Ltd (CME) has partnered with People’s Energy Ltd (PEL) to construct the Khimti-2 Hydroelectricity Power Plant in Nepal. The 48.8 megawatt project of US$ 88 million is to be constructed in the Khimti River situated in the bordering areas of Dolakha and Ramechhap districts. The two companies signed a contract for this purpose on Friday.

Ginger price falls even after India allows unhindered export

July 15, 2018 07:49 AM

KATHMANDU, July 15: Hike in ginger price was expected after India opened unhindered supply of Nepali fresh ginger effective from July 2. But price of this staple spice has seen a slight fall instead.

Little-known Marsi rice is suddenly in high demand

July 11, 2018 03:35 AM

KATHMANDU, July 11: Marsi, a little-known rice variety, is suddenly hogging the limelight, causing its demand to soar significantly.

Sugarcane farmers still waiting for payment

July 7, 2018 05:00 AM

KATHMANDU, July 7: Sugarcane farmers in the southern belt of the country have been awaiting payments for thousands of tons of canes bought by local sugar mills for the past many months. However, the government has not been able to take firm action against mill operators who have been dilly-dallying on releasing payments to farmers.

With onset of monsoon, vegetable prices rise

June 24, 2018 05:25 AM

KATHMANDU, June 24: Price of vegetables has gone up significantly over the past week. While retailers attribute the price hike to erratic supply in the market due to monsoon rains, officials of Kalimati Fruits and Vegetable Market Development Board say price has gone up as traders are keeping high profit margin.

Mango prices down Rs 16

June 21, 2018 07:15 AM

KATHMANDU, June 21: The price of mangos in the Nepali market has fallen by 16.5 percent this year compared to last year. A comparison of price of mangos at the Kalimati Fruits and Vegetable Market suggests that the average price of mangos has fallen by Rs 16 per kilogram in the third week of June than the cost of the fruit in the same period last year.

World Cup gives TV sales a shot in the arm

June 18, 2018 03:00 AM

KATHMANDU, June 18: Ongoing FIFA World Cup 2018 has given television sales a shot in the arm.

Fertilizers import up 10 pc

June 7, 2018 03:00 AM

KATHMANDU, June 7: The import of fertilizers (chemical and organic combined) in the first 10 months of the current fiscal year has surged by nearly half compared to import figures of the same period of Fiscal Year 2016/17.

NOC ups fuel price while int’l price falls marginally

June 5, 2018 07:06 AM

KATHMANDU, June 5: Nepal Oil Corporation has hiked fuel prices regularly under an automatic pricing mechanism in the last seven months. The steady price hike has impacted the price of daily commodities, and airfares are also to increase by Tuesday. NOC’s latest price hike comes against a fall in international prices.

Sugarcane farmers are still unpaid despite govt orders

May 27, 2018 03:00 AM

KATHMANDU, May 27: Making sugar mills pay the dues of sugarcane farmers was one of the main agendas of the Minister for Industry, Commerce and Supplies Matrika Prasad Yadav after assuming office. But farmers are yet to be paid.

Export to China via Rasuwagadhi doubles in nine months

May 21, 2018 08:19 AM

KATHMANDU, May 21: Nepal’s export to China via Rasuwagadhi customs jumped by nearly two and half times over the first nine months Fiscal Year 2017/18, compared to export figures of the same period a year earlier.

Veggie prices rise at a whopping rate

May 19, 2018 03:28 AM

KATHMANDU, May 19: The price of vegetables in the Nepali market has grown by a whopping rate according to the Nepal Rastra Bank (NRB). A report published by the NRB suggests that the vegetable prices have risen significantly by 24.7 percent in the first nine months of this fiscal year.

Tourist arrivals up 11 percent in April

May 17, 2018 08:27 AM

KATHMANDU, May 17: Tourist arrivals to Nepal via air grew by 11.4 percent in April compared to arrival figures of the same month a year earlier.

National Trading Ltd selling induction stoves at Rs 4,000 a unit

May 16, 2018 09:23 AM

3,670 out of 11,300 stoves, gifted by Chinese govt, sold so far

Only 300 20-year-old public vehicles de-registered

May 15, 2018 08:20 AM

KATHMANDU, May 15: Although over 5,000 public vehicles older than 20 years are plying the roads across the country according to government estimates, only 395 have been taken under control or dismantled, a data compiled by the Department of Transport Management (DoTM) shows.

Entrepreneurs getting route permits with ease

May 14, 2018 03:46 AM

KATHMANDU, May 14: The signing of a five-point agreement between Federation of Nepalese National Transport Entrepreneurs Association (FNNTEA) has paved the way for entrepreneurs interested to operate public vehicles in specific routes to receive road permit with ease.

EVs slowly gaining ground in Nepal

May 10, 2018 12:19 PM

KATHMANDU, May 10: More Nepalis are opting for electric cars in recent months, thanks to improved power supply, traders say.

Construction of pashmina wool processing plant uncertain

May 5, 2018 07:42 AM

TEPC and NPIA have different priorities

Kathmandu denizens have chosen the internet over cable television

April 30, 2018 08:21 AM

KATHMANDU, April 30: Although the government has made it compulsory for television operators to digitalize their cable, many Kathmandu denizens have not yet converted their televisions to digital.

Rising up from the rubble

April 25, 2018 11:44 AM

All looked up at the cloud-covered sky They knew that something was coming