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NRB to float Rs500m worth of foreign employment bond

Post Report 21 Nov 08:43 AM

The Nepal Rastra Bank, the central bank, is floating foreign employment saving bonds worth Rs500 million on Sunday, as a part of the government’s plan to raise domestic debt worth Rs145 billion in the current fiscal year.Read Full Story »

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Plan to buy a smart TV?

Abhishek Chitrakar 21 Nov 08:43 AM

Smart television, sometimes referred to as connected TV or hybrid TV, is a TV set with integrated internet and interactive features. Smart TV is a technological convergence between computers and flat screen television. Read Full Story »

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Paddy minimum support price not fixed citing elections

Post Report 21 Nov 08:43 AM

The government has decided not to announce the minimum support price (MSP) for paddy this year, spreading disappointment among farmers who had expected a hike in the lowest legal price that can be paid for their harvest.Read Full Story »

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Post Report 21 Nov 08:43 AM

The Nepal Tea and Coffee Development Board (NTCDB) has targeted doubling the production of Nepali coffee from 466 tonnes to 1,000 tonnes annually in the next five years. Read Full Story »

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Private sector unveils wish list for next administration

Post Report 21 Nov 08:43 AM

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Ford updates EcoSport in Nepal

Post Report 20 Nov 08:32 AM

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‘Customers in Nepal embrace the Ford brand’

20 Nov 08:31 AM

Vinay Raina, executive director of Marketing, Sales and Service at Ford India, was recently in Nepal to launch the all new Ford Ecosport.Read Full Story »

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Sebon looks to limit merchant bankers role

Post Report 20 Nov 08:27 AM

Securities Board of Nepal (Sebon) has barred merchant bankers from working as issue manager if their companies are the subsidiary of the parent companies that are intending to float shares.Read Full Story »

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Upper Tamakoshi hydro project achieves major milestone

Rajendra Manandhar 20 Nov 08:27 AM

The Upper Tamakoshi Hydropower Project achieved a major milestone on Sunday with the completion of digging of 8.4km headrace tunnel, which channels water diverted from the river to the power house where electricity is generated.Read Full Story »

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Nepse ends week 28.33 pts higher

Post Report 19 Nov 08:36 AM

Nepal Stock Exchange (Nepse) index gained 28.33 points to close at 1,489.06 points last week, as low share prices triggered by nearly two weeks of continuous fall in the market garnered investors’ attention. Read Full Story »

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Budhi Gandaki hydro to compensate landowners in 2nd phase soon

Hariharsingh Rathore 19 Nov 08:36 AM

Budhi Gandaki Hydropower Project is all set to start the second phase of programme to provide compensation to residents of Dhading and Gorkha districts affected by the 1,200-megawatt project. Read Full Story »

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NRB to inject Rs20b into market today

Post Report 19 Nov 08:36 AM

The Nepal Rastra Bank, the central monetary authority, will inject Rs20 billion into the banking sector on Sunday, as the stock of excess liquidity in many banks and financial institutions is fast depleting. Read Full Story »

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Strategy to boost farm sector, improve nutrition introduced

Post Report 18 Nov 09:05 AM

The US government, in partnership with the Agricultural Development and Health ministries, launched a five-year Global Food Security Strategy (GFSS) on Friday to boost agricultural productivity and improve nutrition in Nepal.Read Full Story »

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 Country-specific tourism marketing plan prepared

Post Report 18 Nov 09:05 AM

The Tourism Ministry said Friday that the government had prepared country-specific tourism marketing strategies considering the vital importance of promotion in boosting arrivals. Read Full Story »

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IRD fetes country’s largest taxpayers

Post Report 18 Nov 09:05 AM

The Inland Revenue Department (IRD) on Friday felicitated 15 companies and an individual for being the largest taxpayers in the fiscal year 2016-17.Read Full Story »

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Post Report 17 Nov 08:42 AM

The Inland Revenue Department (IRD) has planned to put businesses on a tighter leash by requiring them to link their computerised billing system to its computers, enabling it to keep track of their transactions in real time. Read Full Story »

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Paddy harvest in East set to increase by 10 percent

Lila Ballav Ghimire 17 Nov 08:41 AM

Paddy production in the eastern region, the country’s food basket, has been projected to swell 10 percent this year despite the damage caused to farms by the August floods, the regional Agricultural Development Office said.Read Full Story »

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NEA, CTGI seal deal on 750mw West Seti Hydropower Project

Rupak D Sharma 17 Nov 08:39 AM

Nepal’s energy sector, which is still feeling the pangs of this week’s cancellation of biggest hydropower development agreement, has received a much-needed shot in the arm with the signing of a major deal with a leading Chinese firm that would almost double the country’s electricity generating capacity.Read Full Story »

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Kamal Panthi 16 Nov 08:53 AM

Budhu Ram Tharu of Madhuban-6 has gotten into the daily routine of scouring the Agriculture Inputs Company (AIC) in Gularia for chemical fertiliser. However, he is forced to return home empty-handed every time. Read Full Story »

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Post Report 16 Nov 08:52 AM

Well-known national and international industrial, construction and corporate giants feature in the list of tax defaulters released by the Inland Revenue Department (IRD) on Wednesday.Read Full Story »

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Nepal on track to hit magic figure of 1 million arrivals

Sangam Prasain 16 Nov 08:52 AM

Nepal tourism is on track to reach the magic figure of 1 million arrivals by the end of the year, industry watchers said. Analysts have based their projection on arrival trends for the first 10 months (January-October) of 2017 when the number of visitors jumped 25.47 percent to 757,448 individuals.Read Full Story »

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Post Report 15 Nov 08:29 AM

The Ministry of Finance is forming Public Expenditure Review Commission to enhance financial resource generating capacity and reduce expenditure of the central and newly-formed subnational governments. Read Full Story »

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SAsia economic summit makes renewed regional integration call

Post Report 15 Nov 08:29 AM

The 10th edition of South Asia Economic Summit kicked off in Kathmandu on Tuesday with renewed calls for rapid development of physical infrastructure and removal of non-tariff barriers to expedite regional integration.Read Full Story »

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Online emergency medical service opens in Khumbu

Post Report 14 Nov 09:24 AM

Everest Link, a wireless internet service provider in high altitude regions, has launched Hello Doctor, an online emergency medical service targeting trekkers and mountaineers in the Everest region. Read Full Story »

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Fifth generation Hyundai Verna launches in Nepal

Post Report 14 Nov 09:24 AM

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Post Report 14 Nov 08:34 AM

Construction of Upper Karnali and Arun 3 hydroelectric projects, which will have installed capacity of 900 megawatts each, will be delayed by one year and six months, respectively, as they have been given extra time to arrange funds to build the project.Read Full Story »

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Metro rail project moves ahead

Anuj Kumar Adhikari 14 Nov 08:34 AM

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Post Report 14 Nov 08:34 AM

The National Planning Commission (NPC), a symbol of the country’s centralised planning system, will be turned into a think tank for the government after the Cabinet okays the amendment made to the document under which it was established.Read Full Story »

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Budhi Gandaki hydro project plunges into uncertainty

Post Report 14 Nov 08:34 AM

The long-held plan to expedite construction of $2.5-billion Budhi Gandaki Hydropower Project is unlikely to materialise anytime soon, as the government has scrapped an agreement signed with a Chinese company hired to build the 1,200-megawatt project.Read Full Story »

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Anuj Kumar Adhikari 13 Nov 06:48 PM

Government on Monday directed the Investment Board Nepal (IBN) to move ahead with the Detailed Feasibility Study (DFS) and Detailed Project Report (DPR) of a metro rail project in Kathmandu Valley.Read Full Story »

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Farmers embrace organic farming in Makwanpur

Pratap Bista 13 Nov 09:01 AM

Farmers of Makwanpur district are gradually getting attracted to organic vegetable farming, as demand for green produce is growing among the health conscious. Vegetables that are not laced with chemical fertilisers and pesticides are called green produce.Read Full Story »

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Tempers flare due to shortage of fertiliser

Bhawani Bhatta 13 Nov 09:00 AM

Farmers of the far-western district of Kanchanpur have flared up, as they have not been able to get hold of fertilisers during the peak wheat plantation season. Read Full Story »

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