BIRATNAGAR, June 15: The Koshi province government has allocated Rs 35.28 billion for the upcoming fiscal year.

KATHMANDU, April 25: A meeting of the Industry, Commerce, Labor and Consumer Welfare Committee is being held today. The meeting will be held today at 11AM in the meeting room of the committee at Singha Durbar.

KATHMANDU, Aug 28: Janamat Party's Abdul Khan has been elected unopposed as the chairman of the Industry, Commerce, Labor and Consumer Interest Committee of the House of Representatives after Ganesh Parajuli, a member of Parliament from the Rastriya Swatantra Party (RSP), withdrew his candidacy.

MAKWANPUR, June 21: The Hetauda cement industry that remained closed for the past two months resumed production this morning. The industry has also started producing clinkers, it said. The industry was closed after some equipment at its oven broke down and due to a lack of coal, said the industry management.

KAILALI,Feb 9: Minister for Industry, Commerce and Supplies, Damodar Bhandari has said the government was moving ahead with the determination to transform the national challenges into opportunities.

KATHMANDU, Jan 4:  Deputy Prime Minister and Home Minister Rabi Lamichhane has said that the government is committed to ensuring security to the business and industry sector in the country.

KATHMANDU, Dec 11: Investors pledged to inject Rs 108.69 billion to set up 102 firms in the first five months of the current fiscal year.

KATHMANDU, Sept 22: Banks have been facing widespread criticism from people from different quarters after they raised the interest rates.

KATHMANDU, July 26: Industry, Commerce and Supplies Minister Dilendra Prasad Badu has said that the government has launched a policy to promote innovation and start-up businesses to develop youth entrepreneurship. Minister Badu, while speaking at a conference organized regarding the establishment of business incubators, said that the country will take an industrial leap only through the development of entrepreneurship.

The worldwide seafood industry is steeling itself for price hikes, supply disruptions and potential job losses as new rounds of economic sanctions on Russia make key species such as cod and crab harder to come by.

Operator of an industry in Morang dies

November 14, 2021 12:40 pm

MORANG, Nov 14: An operator of an industry in Budhiganga Rural Municipality-5 of Morang has died after he suddenly collapsed while walking within the industry premises.

Investment climate: Good or bad?

February 11, 2020 08:40 am

Nepal needs to take advantage of emerging favorable investment climate to boost private investment from both domestic and foreign investors for accomplishing its target

Province 5 organizing investment summit

January 28, 2020 10:24 am

RUPANDEHI, Jan 28: The Province 5 government is all set to organize an investment summit in April to attract investment in the province.

BHAIRAHAWA, Dec 21: Despite its identity as an industrial region in the recent days, the supply of power in Bhairahawa-Butwal area is still insufficient, forcing the industries to install their own plants for power generation.

CHITWAN, Nov 22: Minister for Industry, Commerce and Supplies Lekhraj Bhatta said that the government would move ahead in a planned way for the development of the industrial sector.

Fashion façade

August 9, 2019 07:25 am

For many of us, the fashion industry seems like a glamorous and rewarding place. In the recent times, the number of design hubs and boutiques that have come up vouch for its exponential growth. However, professionals such as models, stylists, and photographers say that there’s seldom any room for creativity and that money is often an issue. They say these are pressing problems that need to be addressed if the fashion sector is to prosper in the long run.

Bills relating to industry passed

August 8, 2019 21:30 pm

KATHMANDU, Aug 8: The meeting of the House of Representatives on Thursday passed the 'Safeguard, Anti-Dumping and Countervailing Bill 2076' and 'Industrial Business Development Institute (first amendment) Bill 20756' unanimously.

NEW DELHI, August 2: India is unlikely to sign a China-backed Asia-Pacific trade pact because of opposition from industry and farmers

KATHMANDU, July 11: The average capacity utilization of Nepali factories has reached 60% over the first six months of the current fiscal year – FY2018/19, according to the latest study of economic activities of the country released by Nepal Rastra Bank (NRB) on Wednesday.

BUTWAL, June 27: The first Special Economic Zone (SEZ) of Nepal in Bhairahawa has not started a process to manage electricity for the production units even after a year of establishment of factories in the zone.

BANKE, June 18: Investment in small and cottage industries is being encouraged in Banke district. More cottage industries are booming in the district as of late and the investment is also growing.

Minister for Industry and Supplies Matrika Yadav has opined that the textiles produced from Hetauda Textile Industry should compulsorily be used by the government employees.

KATHMANDU, May 22: Construction entrepreneurs have expressed their reservations against some of the provisions in sixth amendment to Public Procurement Rules 2007, saying that the law will affect the entire construction sector and push the industry to the brink of collapse.

UADAYAPUR, May 16: Police on Tuesday succeeded in evacuating 3 bigha land belonging to Udayapur Cement Industry Limited (UCIL) in Jaljale of Udayapur district, which was illegally encroached by some land brokers overnight.

BIRGUNJ, April 3: Around a dozen factories in the Birgunj industrial corridor have reportedly faced losses worth millions of rupees, after a storm hit the districts of Bara and Parsa on Sunday evening.

Anil Kapoor says Indian film industry has successfully struck a balance between content-driven and commercial cinema.

BAITADI, Nov 18: Minister for Industry, Tourism, Forests and Environment of Far-West Province Maya Bhatta has said that Far-West Province has huge potentials for development.

KATHMANDU, Oct 25: Minister for Industry, Commerce and Supplies Matrika Prasad Yadav addressed the LDCs Ministerial and Business Executive Roundtable in Geneva on 24 October and shared the latest strategies and measures taken by the government for creating conducive environment for foreign investment in Nepal.

ILAM, Aug 6: A total of 3 million workers are engaged in tea industry of Nepal. But only 3,244 them are hired on permanent basis, a survey shows.

POKHARA, July 26: Gandaki Province government has introduced its own set of operation guidelines for crusher industries. The new guideline details rules for excavation, collection and distribution of stone and sand.

KATHMANDU, July 9: Ministry of Industry, Commerce and Supplies is reportedly preparing to allow the Nepal Army to revive the defunct Hetauda Textile Industry (HTI).

JHAPA, July 7: Youth Association Nepal Jhapa Chapter has padlocked the office of a tar industry located at Kankai Municipality of Jhapa district, reasoning that the tar produced there was of low quality.

NUWAKOT, June 27: District Administration Office (DAO) Nuwakot has directed Siddhi Ganesh Oxygen Gas Industries to stop construction of its office and production plant.The office sent a letter to officials of the industry to stop all construction works, stating that industry was illegally extracting sand from the construction site in the pretext of building office and production plant.

LONDON, June 26: Uncertainty over Brexit has halved new investment in the British car industry as Prime Minister Theresa May’s government current plans for trade after Britain leaves the EU are unrealistic, the biggest car manufacturing lobby said on Tuesday.

LONDON, June 26: Uncertainty over Brexit has halved new investment in the British car industry as Prime Minister Theresa May’s government current plans for trade after Britain leaves the EU are unrealistic, the biggest car manufacturing lobby said on Tuesday.

LONDON, June 24: British lorries would be barred from entering Europe under a no-deal Brexit, according to an industry chief, who warned that British firms would be "crucified" by tariffs if Theresa May fails to secure a deal with the European Union.

Industry with fake NS mark sealed

June 21, 2018 10:45 am

KATHMANDU, June 21: Nepal Bureau of Standards and Metrology has sealed an company which has been in operation with fake NS mark.

BANEPA, June 15: Minister for Communications and Information Technology Gokul Prasad Baskota has said it should be demarcated if the media was industry or service sector based on the changed technology and investment.

If you have seen the recent Nepali advertisements for Coke, you have probably appreciated the fact that Nepali ads are finally moving past cheesy dialogues and are being presented in a more sensible and creative way.

Saving garment industry

June 14, 2018 00:30 am

Changes to the garment industry’s business model are threatening the livelihoods of millions of people

KATHMANDU, May 5: Public transport operators have invested over a trillion rupees [Rs 1,000 billion] in the industry but they have not been paying any taxes on their profits, according to government officials. All the public transport operators including bus operators and truckers in the country are registered with one or another "transport enterpreneurs committees", which operate as non-profit organizations.

KATHMANDU, May 2: The Nepal 14th International Trade Fair and Cottage Industry Festival 2018 has concluded recording Rs 147.5 million worth of transactions.

KATHMANDU, April 27: The 14th International Trade Fair and Cottage Industry Festival 2018 began in Kathmandu on Friday.

CHITWAN, April 8: Minister for Home Affairs Ram Bahadur Thapa has said that the Home Ministry was committed to providing security to the industry and business sector.

PARSA, April 5: Concerned authorities of Province 2 have called for tapping abundance opportunities in agriculture, industry and tourism for prosperity while stressing agriculture modernization, trade-friendly liberal policy and religious tourism.

KATHMANDU, Mar 13: Minister for Industry, Commerce and Supplies, Matrika Prasad Yadav, has urged Nepali private sector to focus on increasing production capacity rather than holding a discussion on increasing exports.

Matrika Yadav is new industry minister

February 27, 2018 04:30 am

KATHMANDU, Feb 27: Prime Minister KP Sharma Oli has appointed Matrika Yadav as the Minister for Industry, Commerce and Supplies. Yadav is a standing committee member of CPN (Maoist Center).

KATHMANDU, Feb 13: Minister for Information and Communications, Mohan Bahadur Basnet, has said that the digital ticketing system (box office) would help make the film industry profitable. The box office system has been implemented to make the sale and distribution of films systematic and transparent, he added.

NAGARKOT, Feb 6: Property worth one million rupees was destroyed by a fire broke out at a furniture industry at Jhaukhel of Changunarayan Municipality-2 in Bhaktapur.

KATHMANDU, Jan 27: Cement manufacturers have not yet reduced the hiked price of cement, disobeying the government’s direction to do so. The three-day deadline given by the government to the cement manufacturers for reducing the hiked prices expired on Thursday.