Business

NIC Asia Bank sets up branch in Baikunthe access_timeMay 15

Bhojpur – The NIC Asia Bank has set up a branch at Baikunthe aera of Ram Prasad Rai rural municipality.  Bank's Branch Manager Chandan Katuwal said that the branch was established with an aim to bring about an ease in economic transac...

Public deposit should be secured: Governor Nepal access_timeMay 13

Kathmandu – Nepal Rastra Bank (NRB) governor Dr Chiranjibi Nepal has said that the NRB was committed to ensuring the security of public deposits in Banks and financial institutions.  While inaugurating an integrated transaction after th...

Toyota posts record profit but warns on outlook access_timeMay 9

TOKYO –Japanese car giant Toyota reported a record full-year net profit Wednesday thanks to a weaker yen and US tax cuts, but warned about the outlook for the next 12 months.  The company's president Akio Toyoda said the industry wa...

Early morning storms damage crops, fruits in Sunsari access_timeMay 9

Inaruwa –Strong storms coupled with hailstones and rainfall occurred all of a sudden early morning today caused heavy damages to vegetables, crops and nurseries in different parts of the Sunsari district.  Damages were reported in distr...

NFC purchases 94,000 quintals less paddy access_timeMay 3

Kathmandu – Nepal Food Corporation (NFC) has purchased paddy below its targeted quantity for this year.  Though the target was to purchase 276,000 quintals, only 181,336 quintals have been bought, departmental chief of the NFC Srimani Raj K...

NFC, Bhojpur running out of rice stock access_timeApril 30

Bhojpur –Nepal Food Corporation, Bhojpur, has been facing shortage of rice.  Although the NFC, Bhojpur, has called for tender for transporting rice for the past two months, no contractor has applied for the supply so far, said the NFC Bhojp...

Yarsagumba harvest season less than three weeks away access_timeApril 27

Tripurakot, Dolpa –The annual Yarsagumba harvest season will officially start in Himalyan district of Dolpa from May 15.  According to Shey Phoksundo National Park, the permit letters will be distributed for stipulated amount for entry in...

Over Rs 700 m provided to buffer zone locals from CNP access_timeApril 20

    Chitwan –The buffer zone management committee comprising the locals in areas around Chitwan National Park has so far distributed over 700 million rupees to the locals there.  The amount was mobilized from the CNP'...

Industrial Fair concludes in Sallaghari access_timeApril 19

    Bhaktapur – The Fourth Bhaktapur Industrial, Cultural, Tourism and Trade Fair concluded on Wednesday here in Sallaghari with total transaction touching on Rs 80 million.  According to Industrial Peace Nepal Chairm...

Eight gas industries get NS certification access_timeApril 17

    Kathmandu – Nepal Bureau of Standards and Metrology has granted Nepal Standard (NS) certification to eight gas industries. Those gas industries that have got the certification include Manoj Gas, Bara, Nepal Gas, Balaju, S...

Job Fair in Biratnagar access_timeApril 17

    Biratnagar – Federation of Nepal Cottage and Small Industries (FNCSI) Morang is set to hold a three – day Job Fair in Biratnagar.  FNCSI Morang President, Narendra Humagain, at a press conference held on M...

Pilgrims throng Matatirtha pond access_timeबैशाख ३, २०७५

  Kathmandu– Devotees have thronged the Matatirtha Kunda or the sacred pond since the morning today at Chandragiri Municipality to take a holy bath and make offerings in the name of their deceased mothers.  A religious fair...

Tourism industry's support vital to minimize trade deficit: former PM Khanal access_timeApril 15

  Biratnagar – Former Prime Minister and CPN (UML) senior leader, Jhalanath Khanal, on Saturday stressed on need for support from the tourism industry in minimizing trade deficit with India.  Inaugurating the four-star Bi...

Water park 'Big Splash' in operation access_timeApril 13

    Pokhara –A water park 'Big Splash' has come into operation in the lake city, Pokhara, from Thursday with a view to offering an environment of fun in water.  The water park has been constructed in 13 ropani la...

Two poultry farms depleted in Chitwan, causing Rs 6 million loss access_timeApril 11

  Ratnanagar, Chitwan –Two poultry farms in Chitwan have been depleted, as more than 5,000 chickens were killed due to various diseases, incurring a loss of approximately Rs 6 million, said the District Livestock Office, Chitwan.  ...

ADB projects 5.5 % GDP in Nepal for coming fiscal year access_timeApril 11

  Kathmandu –The Asian Development Bank (ADB) has forecasted 5.5 per cent of Gross Domestic Product (GDP) growth in Nepal in the coming fiscal year 2018/19.  The ADB made this higher forecast hinges on the assumption of normal m...

Home Minister Thapa commits security to industry and business sector access_timeApril 8

    Chitwan – Minister for Home Affairs Ram Bahadur Thapa has said that the Home Ministry was committed to providing security to the industry and business sector.  Addressing an interaction programme with the indust...

Modern Community Naturopathy Hospital at Rajahar access_timeApril 8

    Nawalparasi – A modern community naturopathy hospital has been constructed at Rajahar of eastern Nawalparasi district.  The 72-room Community Naturopathy Hospital was constructed at a cost of Rs 60 million. The Hosp...

Price of fuel increased access_timeचैत १९, २०७४

    Kathmandu – Nepal Oil Corporation has increased the price of petroleum products with effect from midnight.  The price of petrol, diesel and kerosene has been increased by two rupees per litre, according to NOC spoke...

Demand for closing limestone factory access_timeचैत ९, २०७४

    Chitwan – People of Kolar at Kalika Municipality-9 in Chitwan have called for closing the limestone factory based in their locality, citing possibility of its adverse effects on their territory and threat to their overall...