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International flower expo slated to open Thursday

Post Report 28 Mar 10:22 AM

The Floriculture Association of Nepal (Fan) has said International Flora Expo 2017 is scheduled to open in Kathmandu on March 30.Read Full Story »

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Upgradation work likely to resume next week

Post Report 28 Mar 10:22 AM

Upgradation work at Gautam Buddha Airport in Bhairahawa is expected to resume in a week’s time after payment disputes between the contractor and the subcontractor brought the project to a grinding halt two weeks ago.Read Full Story »

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Chaudhary Group to invest Rs50b in three years to create 25k jobs

Post Report 28 Mar 10:22 AM

Chaudhary Group (CG), one of the country’s biggest conglomerates, is making a fresh investment of over Rs50 billion in existing businesses in Nepal in the next three years to generate 2,500 new jobs.Read Full Story »

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Post Report 28 Mar 10:22 AM

Saarc Handicraft Design Centre, the first such centre in the South Asian region, is slated to be established by the end of this fiscal year. Read Full Story »

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Bibek Subedi 28 Mar 10:22 AM

A meeting between Nepali and Indian central banks officials to raise the exchange facility ceiling for Nepalis holding demonetised Indian currency ended inconclusively on Monday, delaying the process of replacing now-useless Indian banknotes of 500- and 1,000-rupee denominations with legal tenders.Read Full Story »

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Nepal, India sign new oil supply agreement

Kamal Dev Bhattarai 28 Mar 09:58 AM

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Locals return to work in lokta paper factory

Dipak Pariyar 27 Mar 10:28 AM

Asmita Nepali of Sibai, Ghandruk gave up her job at a fancy goods store in Pokhara and returned to her village to work in a factory that produces lokta paper. Read Full Story »

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Works on hydro to finish soon

Biplav Bhattarai 27 Mar 10:23 AM

There will be soon be an additional 7.6 MW of electricity in the national grid once construction of the Jogmai Khola Hydroelectricity Project finishes.Read Full Story »

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50MW to be imported via Kushaha-Kataiya power line

Bibek Subedi 27 Mar 10:08 AM

The Nepal Electricity Authority (NEA) plans to import 50 MW of electricity from India via the newly built Kushaha-Kataiya cross-border transmission line while proposed imports of another 50 MW through the Parwanipur-Raxaul transmission line will not happen for more than a month. Read Full Story »

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VAT on some basic commodities to go

27 Mar 10:07 AM

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RBI proposes IRs4,500 note exchange limit

Post Report 27 Mar 10:07 AM

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Bibek Subedi 26 Mar 05:08 PM

Officials of Reserve Bank of India (RBI) visiting Nepal to discuss on providing exchange facility to Nepali people holding demonetised Indian banknotes of 500 and 1000 denomination have proposed to allow the exchange facility up to IRs 4,500 per individual.Read Full Story »

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Steep fall in potato price hits farmers

Pratap Bista 26 Mar 10:19 AM

Farmers in Aambhanjhyang, Makwanpur, have started storing potatoes in their houses after prices of the agricultural product plunged following hike in imports of cheap produce from India.Read Full Story »

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Sales of masks soar as problem of dust pollution deepens

Aagat Ruchi Sapkota 26 Mar 10:10 AM

Facial masks have started flying off the shelves of many retail stores in the Kathmandu Valley, as those residing here try to beat plumes of dust created by continuous digging of the roads to lay the drinking water pipes.Read Full Story »

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DPR of industrial area in Hetauda initiated

Pratap Bista 26 Mar 10:10 AM

The government has initiated the process of preparing a detailed project report (DPR) to build an industrial area in Mayurdhap of Hetauda.Read Full Story »

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NFC to sell rice earmarked for earthquake survivors

Parbat Portel 25 Mar 10:35 AM

Nepal Food Corporation (NFC) has decided to sell 8,000 tonnes of rice offered by Bangladesh for earthquake survivors after it started to rot.Read Full Story »

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Domestic airlines see record flyers in 2016

Sangam Prasain 25 Mar 10:33 AM

Nepalis have once again started resorting to air transport service to travel inside the country.Read Full Story »

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Nepal requests India for more electricity

Kamal Dev Bhattarai 25 Mar 10:31 AM

Nepal has requested India to provide additional power through newly-built 132kV Kushaha-Kataiya and 132kV Raxual-Parwanipur cross-border transmission lines.Read Full Story »

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Works on 30MW Nyadi Hyropower Project commence

Aash Gurung 24 Mar 10:40 AM

Construction of the 30 MW Nyadi Hydropower Project on Nyadi River at Bahundanda of Lamjung has begun. Zhejiang Hydropower Construction and Installation Co, the Chinese company which was awarded the construction contract on January, began the construction amid a formal programme at the project site on Thursday.Read Full Story »

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Post Report 24 Mar 10:39 AM

The government has formed two high-level committees and nine thematic working groups to implement the Sustainable Development Goals (SDGs), a set of 17 goals and 169 targets introduced by the United Nations throughout the world, which have to be achieved by 2030.Read Full Story »

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Nagdhunga tunnel construction project: Japan’s Nippon Koei awarded contract to prepare DPR

Bibek Subedi 24 Mar 10:25 AM

The Department of Roads (DoR) has appointed Japanese company Nippon Koei to prepare a detailed project report (DPR) and provide construction supervision for the Nagdhunga Tunnel Construction Project. Read Full Story »

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Nepal graduates to medium human development grouping

Post Report 23 Mar 10:56 AM

Nepal has graduated to medium human development grouping in the United Nations’ Human Development Index (HDI), indicating Nepalis are growing healthier, becoming more educated and earning more.Read Full Story »

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LDCs urged to focus on renewable energy

Post Report 23 Mar 10:13 AM

Stakeholders have stressed the need for the least developed countries (LDCs) to leapfrog from traditional fossil fuels to low-carbon economies focused on renewable energy and energy efficiency at the Regional Meeting on Sustainable Energy for Asia-Pacific Least Developed Countries being held in Kathmandu. Read Full Story »

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Ilam face shortage of tea leaves for production

Biplav Bhattarai 23 Mar 10:12 AM

The number of small scale tea factories in the eastern Nepali district of Ilam is growing, generating more employment opportunities, albeit shortage of tea leaves is posing a threat to sustainability of these budding manufacturing units.Read Full Story »

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India tries to fix Iran trade payments as Trump hardens line

Reuters 22 Mar 07:30 PM

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STC okayed to sell piled up stock of zinc sheets

Post Report 22 Mar 10:01 AM

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Madhav Dhungana 22 Mar 10:01 AM

Civil society organizations in Bhairahawa have expressed deep concern over an abrupt halt in the upgradation of Gautam Buddha Airport project. Read Full Story »

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Protesters call on PM to collect capital gains tax

Post Report 22 Mar 10:01 AM

The Public Enterprises Employees’ Association of Nepal (PEEAN) held a protest programme at Maitighar Mandala demanding that the government collect capital gains tax on the sale of telecom giant Ncell at the earliest.Read Full Story »

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 TIA close to awarding $28m contract to upgrade runway

Sangam Prasain 22 Mar 10:01 AM

Tribhuvan International Airport (TIA) is at the final stage of awarding a $28-million contract for the rehabilitation of its battered runway.Read Full Story »

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Chaudhary world’s 1,567th richest person

Post Report 22 Mar 10:01 AM

Chaudhary Group President Binod Chaudhary has been ranked 1,567th in the world’s billionaires list prepared by the Forbes. The business magazine has featured 2,043 billionaires this year.Read Full Story »

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Bibek Subedi 22 Mar 10:01 AM

The Commerce Ministry has confirmed that Nepal and China will not be signing a protocol to the Transit Transport Agreement (TTA) during Prime Minister Pushpa Kamal Dahal’s upcoming visit to Beijing.Read Full Story »

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Tumultuous chapter in KUKL closes with Basnet’s resignation

Rupak D Sharma 22 Mar 10:01 AM

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Off the pulse - India farmers switch crops as lentil prices plunge

Reuters 21 Mar 06:09 PM

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NT acts to maintain supremacy in data

Post Report 21 Mar 10:51 AM

The country’s largest telecommunication service provider Nepal Telecom (NT) said on Monday that it would be putting greater focus on the data segment in a bid to strengthen its penetration in the domestic market. Read Full Story »

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Int’l trade fair generates Rs 200 million in deals

Post Report 21 Mar 10:51 AM

The 6th Nepal International Trade Fair concluded on Monday posting business transactions worth Rs 200 million. Read Full Story »

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Rupee surges to nearly 17-mth high

Post Report 21 Mar 10:51 AM

Rupee’s surge seems unabated for now, as the Indian currency, with which Nepali rupee is pegged, has continued to gain weight due to hike in flow of foreign investment.Read Full Story »

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No irregularities: officials

Post Report 20 Mar 10:03 AM

Senior officials of Nalsing Gad Hydropower Development Committee have denied allegations of involvement in irregularities while awarding contract to the consultant selected to prepare the detailed report of the project. Read Full Story »

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Post Report 20 Mar 09:43 AM

The Tourism Ministry is preparing to ask the Cabinet to act as a loan guarantor for Nepal Airlines Corporation (NAC) as the potential lender Employees Provident Fund (EPF) is not satisfied with the Finance Ministry as a surety.Read Full Story »

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