KATHMANDU, July 19: Investment Board Nepal (IBN) has approved Project Development Agreement (PDA) document to be signed with NepWaste -- a Nepal-Finland joint venture company -- for implementation of Integrated Solid Waste Management of Kathmandu Valley Package 1.
KATHMANDU, June 17: The government has approved the draft of the memorandum of understanding on the establishment of a mechanism to facilitate the programs and projects in Nepal with support from the People's Republic of China.
KATHMANDU, Dec 28: Senior leaders of the Federal Socialist Forum Nepal (FSFN) and Rastriya Janata Party Nepal (RJPN) have expressed readiness to support any party in forming the government if their concerns related to the constitution are addressed.
KATHMANDU, Aug 3: The government has decided to accept a grant assistance of Rs 51.38 billion (US$ 500 million) from Millennium Challenge Corporation (MCC) for road maintenance and transmission line projects.
KATHMANDU, July 18: Despite a public outcry, the government has given its consent to the Election Commission (EC) to spend Rs 140 million for purchasing five luxury vehicles for the election commissioners. The Ministry of Finance has mandated the election body to purchase the SUVs (sports utility vehicles) as capital expenditure and report to the ministry later.
KATHMANDU, March 5: The government has endorsed the report of the commission formed to set the number and demarcation of local units under the federal system by adding 25 local units on what the commission had recommended.
KATHMANDU, Feb 23: The Indian government has sanctioned an investment of Rs 91.58 billion (Indian Rs 57.24 billion) by the Satluj Jal Vidyut Nigam Limited (SJVNL) for the development of the 900 MW Arun III Hydropower Project, giving new momentum to the project that was first mooted by Nepal some three decades ago.
KATHMANDU, Oct 17: Companies defunct for long and looking to shut down their operations legally will get an easy exit for a year if the First Amendment Bill of the Company Act 2006 gets through the parliament.