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Process to appoint contractor for Nagdhunga tunnel starts

Post Report 15 Aug 08:51 AM

The Department of Roads (DoR) has initiated the public procurement process to appoint a contractor to execute the Nagdhunga Tunnel Construction Project. The planned 2.45-km Nagdhunga tunnel way will pass under the western rim of the Kathmandu Valley and link up with the national highway network. Read Full Story »

Nepali app developers win Microsoft award

Krishana Prasain 15 Aug 08:51 AM

A mobile app developed by a Nepali team that can diagnose plant diseases from a photo of the leaf has won the Microsoft Imagine Cup 2018 award.Read Full Story »

Caan passes Rs45b budget with largest chunk for infra

Post Report 15 Aug 08:51 AM

The board of directors of the Civil Aviation Authority of Nepal (Caan) has approved a Rs45.17 billion budget for the fiscal year 2018-19, mainly focused on improving infrastructure at Kathmandu’s problem-plagued Tribhuvan International Airport (TIA). Read Full Story »

Bajaj rolls out all-new Pulsar 150 TD bike

Post Report 14 Aug 08:44 AM

HH Bajaj, the sole distributor of Bajaj motorcycles in Nepal, has launched the all-new Pulsar 150 TD (Twin Disc). Read Full Story »

China’s Anker looks to make a splash in Nepal

Post Report 13 Aug 10:38 AM

China’s leading consumer electronics brand Anker is looking to make a splash in Nepal. The brand is famous for its range of advanced portable electronic goods such as Anker power banks, portable projectors, USB cables and more. Read Full Story »

Shree Airlines gets nod to add three new Bombardier aircraft

Post Report 13 Aug 10:28 AM

Nepal’s domestic aviation market is set for a major shake-up as the new entrant, Shree Airlines has been given approval to add three Bombardier Q400 turboprop aircraft into its fleet, a year after it commenced service with its first CRJ 200 aircraft. Read Full Story »

13 Aug 10:27 AM

The Investment Board of Nepal has approved the Muktinath Cable Car project to construct a cable car connecting Nayapul of Kaski to Muktinath of Mustang district. As per the proposal, the cable car will be built in five sections—Birethanti, Ghorepani, Tatopani, Jomsom to Muktinath. Read Full Story »

‘Time to revise policy on foreign aid disbursement’

Post Report 13 Aug 10:27 AM

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170MW solar power plant gets $200m investment

Rajesh Khanal 13 Aug 10:27 AM

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Nepse posts loss of 10.68 points

Post Report 12 Aug 09:39 AM

Nepal Stock Exchange (Nepse) index shed 10.68 points to close at 1,180.63 points last week, as investors continued to stay away from the country’s only secondary market due to banks’ charging high interest rates. Read Full Story »

Nepal, South Korea seek to boost bilateral tourism

Post Report 12 Aug 09:39 AM

The Embassy of the Republic of Korea and Korea Tours and Trekking Operators Association of Nepal (KTTOAN) have signed a Memorandum of Understanding (MoU) on mutual cooperation for boosting tourism ties between Nepal and South Korea. The MoU aims to ensure safety and security of Korean tourists visiting the Himalayan nation.Read Full Story »

Cable Management: Plan to install power lines underground hits a snag

Bibek Subedi 12 Aug 09:38 AM

Nepal Electricity Authority’s plan to replace overhead electric cables with power lines underground at two locations in the Kathmandu Valley has hit a snag. The project’s financier, Asian Development Bank (ADB), is threatening to pull back from the project if the power utility fails to wrap up the bidding process immediately and appoint contractors for the job. Read Full Story »

FinTech giant F1 Soft forays into health sector

Post Report 11 Aug 08:52 AM

Nepal’s leading FinTech company—F1 Soft International—has acquired CogentHealthPvt Ltd, a software company working on the digitisation process of country’s health sector. With the newly acquired company, F1 Soft aims to take data management system in the health sector beyond computerised ticketing and billing. Read Full Story »

Discussions to be held on reopening Tatopani route

Post Report 11 Aug 08:52 AM

Nepali and Chinese government officials are slated to meet in the border town of Khasa to discuss the modality of reopening the Tatopani-Khasa transit point which has remained closed after being damaged by the 2015 earthquake. Read Full Story »

Nepal, Bangladesh sign power cooperation deal

Post Report 11 Aug 08:52 AM

Nepal and Bangladesh on Friday signed a cooperation agreement in the energy sector which paves the way for the export of surplus electricity that Nepal is expected to produce within a few years. Read Full Story »

Mega cement factory set to begin production

Pratap Bista 10 Aug 09:05 AM

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Post Report 10 Aug 09:05 AM

Nearly 900,000 factories, business establishments and service providers are operating in Nepal, according to a preliminary report of the National Economic Census 2018. The figure obtained by the Post is based on a two-month long survey conducted by the Central Bureau of Statistics (CBS). Read Full Story »

Marshyangdi corridor 220 kV transmission line: Indigenous people demand their say in power project

Bibek Subedi 10 Aug 09:05 AM

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Paddy price hiked to Rs2,460.57 per quintal

Post Report 10 Aug 09:05 AM

The Cabinet has approved the minimum support price (MSP) of paddy for this fiscal year. This is the first time in three years that the government has announced the MSP before the end of the transplanting season. Read Full Story »

Over 220 firms found selling unsafe goods

Post Report 09 Aug 10:40 AM

The Department of Food Technology and Quality Control (DFTQC) filed cases against 224 firms selling substandard food items from across the country in the last fiscal year. Read Full Story »

Icao to help Nepal’s aviation regulator with research, development

Post Report 09 Aug 08:44 AM

The government has decided to rope in technical experts from the International Civil Aviation Organisation (Icao) to assist the Civil Aviation Authority of Nepal (Caan) in research and development after it is split into regulator and service provider. Read Full Story »

Post Report 09 Aug 08:44 AM

The value of transactions on the Nepal Stock Exchange (Nepse) on Wednesday plunged below Rs150 million as potential investors held back with a bearish trend continuing to prevail in the country’s sole bourse. Read Full Story »

World Bank okays new framework for Nepal

Post Report 09 Aug 08:44 AM

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Nepal-China power line panel plans first meet

Post Report 08 Aug 09:10 AM

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Prep meeting for trade treaty tomorrow

Post Report 08 Aug 09:10 AM

Nepali and Indian government officials are scheduled to meet in New Delhi on Thursday to prepare for a long-planned review of the Nepal-India Trade and Transit Treaty. Trade between the two countries is governed by the Trade and Transit Treaty 2009. Read Full Story »

Tourists returning to Langtang in hordes

Balram Ghimire 08 Aug 09:10 AM

Tourist arrivals to the popular trekking destination of Langtang in Rasuwa have been rising steadily after plunging sharply following the 2015 earthquake. Read Full Story »

Oppo A3s launched with dual rear cameras

Post Report 08 Aug 09:10 AM

Oppo has launched the A3s, its first smartphone with dual rear cameras. The new mid-range device from Oppo—the self proclaimed ‘selfie expert and leader’, has a price tag of Rs19,490. Two colour options are available, Red and Dark Purple. Read Full Story »

Rajesh Khanal 07 Aug 08:35 AM

The government has proposed to set up a contributory pension scheme for civil servants under which they will pay 6 percent of their monthly salary into the plan, and the government will match the amount of money that they contribute. Read Full Story »

Agro products import bill crosses Rs200b

Sangam Prasain 07 Aug 08:35 AM

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CTGC officials coming for talks on West Seti project

Post Report 07 Aug 08:35 AM

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Tambo Mobiles debuts 8 new models in Nepal

Post Report 07 Aug 08:35 AM

New mobile brand Tambo Mobiles has forayed into the Nepali smartphone market with the launch of six feature phones and two smartphones. Read Full Story »

Nepali factories struggle to find green tea leaves

Biplav Bhattarai 06 Aug 08:42 AM

The trend of exporting green tea leaves to India has not reduced despite proliferation of tea processing mills in the eastern hill districts in the last few years. As a result, local tea processing plants have not been able to get the required amount of green tea leaves. Read Full Story »

Pratap Bista 06 Aug 08:42 AM

Food adulteration has become rampant in the central Tarai due to inadequate oversight and weak law enforcement. Read Full Story »

Cane farmers to receive subsidy of Rs60 per quintal

Rajesh Khanal, Navin Poudel 05 Aug 09:02 AM

Sugarcane farmers will now receive a subsidy of Rs60 per quintal, according to the provision put forth by the Cabinet which met last Friday. The move is expected to provide some respite to sugarcane producers who are facing late payments from sugar mills yet again. Read Full Story »

Nepse posts minuscule gain of 0.11pts

Post Report 05 Aug 09:01 AM

Nepal Stock Exchange (Nepse) index recorded a marginal gain of 0.11 points last week to close at 1,191.31 points. It was a positive sign for Nepal’s only secondary market which had been battered by low investor turnout due to banks imposing higher interest rates. Read Full Story »

Farmers face financial ruin amid egg glut

Arjun Rajbanshi 04 Aug 09:15 AM

DAMAK,
Farmers of Jhapa district are rueing the decision to put literally all their eggs in one basket as prices for the product have plunged in the past three months.
According to Egg Producers Association, oversupply of eggs from outside the district has reduced egg prices so much that farmers are not even able to recoup their production expenditure.

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Oppo A3s set to launch in domestic market

Post Report 03 Aug 08:48 AM

Oppo, the selfie expert is all set to introduce a new mid-range smartphone, the A3s, in Nepal. The company is looking to target youths that are looking for advanced features such as dual cameras, super full screen and extensive battery at an affordable price. Read Full Story »

NOC daily loss drops to Rs10m

Post Report 03 Aug 08:48 AM

The projected daily loss of Nepal Oil Corporation (NOC) in its oil business has fallen to Rs10 million compared to its previous Rs16.7 million after receiving the revised price list from Indian Oil Corporation (IOC).Read Full Story »

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