Economy
KATHMANDU, May 16: Prime Minister Sher Bahadur Deuba officially inaugurated the Gautam Buddha International Airport on Monday. With Jazeera Airlines making its first business flight to the airport, the airport was officially inaugurated for internat...
KATHMANDU, May 13: Esewa Money Transfer, a leading digital remittance company in Nepal which is being operated under the stewardship of Nepal’s leading Fintech company - F1Soft Group, has successfully completed its 2 years of operation. ...
KATHMANDU, May 11: Syakar Trading Company, the authorized distributor of Honda two-wheelers in Nepal, has introduced a new and attractive customer-centric prize scheme, "Honda Cha Sath Sath." The scheme is available in all seven prov...
KATHMANDU, May 11: Nabil Bank has partnered with Payment Nepal (Gateway Payment Service Pvt. Ltd, a Payment System Operator licensed by Nepal Rastra Bank) to offer acceptance of its mobile-based real-time payment system, Unified Payments Interface (UPI...
KATHMANDU, April 28: Contribution of agriculture in the Gross Domestic Product (GDP) of fiscal year 2078/79 BS has declined. According to data revealed by the Central Bureau of Statistic, the contribution of the agricultural sector to the GDP is est...
KATHMANDU, April 28: As many as seven more airports are coming under operation for 18 hours in a day enabling domestic planes to fly at night as well. The Nepal Civil Aviation Authority has granted permission to Chandragadhi, Biratnagar, Janakpur, S...
KATHMANDU, April 27: ICRA Nepal has upgraded the issuer rating of NMB Bank Limited (NMB) from [ICRANP-IR] A- to [ICRANP-IR] A indicating an adequate degree of safety regarding the timely servicing of financial obligations. Such issuers carry l...
KATHMANDU, April 27: In the bid to curb growing trade deficit and decreasing foreign exchange reserve, the government has restricted import of 10 luxurious goods that includes alcohol and mobile phones. According to the Ministry of Industry, Commerc...
KATHMANDU, April 12: Nepal’s current foreign exchange reserve is enough to pay imports of goods and services for more than six months, according to a latest report of the Nepal Rastra Bank (NRB). According to the central bank, Nepal has ...
KATHMANDU, April 10: Former Finance Ministers of CPN-UML have maintained that all indicators of Nepal’s economy were in good shape when the party was ruling the country. The party has also accused the ruling alliance of leading the country&rsq...
KATHMANDU, April 6: Nepal has been granted permission to export an additional 325 Megawatt (MW) of electricity to India. The Central Electricity Authority of India granted permission to the Nepal Electricity Authority to export 325 MW additional ele...
KATHMANDU, April 6: Forbes, an American business magazine, has listed Nepali entrepreneur and businessman Binod Chaudhary as the only billionaire in South Asia except for India. Chaudhary is the only billionaire in South Asia who is not from India. ...
KATHMANDU, April 5: The first dry port in the Kathmandu Valley – Chobhar dry port – is now under operation. The dry port was officially inaugurated by Prime Minister Sher Bahadur Deuba on Tuesday. The construction of the dry port that...
KATHMANDU, April 3: China Unicom's 5G private network plus achievements were announced during MWC Barcelona 2022. It detailed how private networks for edge interconnection, highly-reliable campus networks, and customized network slicing for diff...
KATHMANDU, April 3: The government has increased the long-haul transport fare upto 15 percent. The Ministry of Physical Infrastructure and Transportation took a decision to hike the fare of long-distance vehicles upto 15 percent. According ...
KATHMANDU, April 3: Jayanagar-Kurtha passenger train service is coming under operation from Sunday. The railway service is scheduled to operate from today after it was jointly inaugurated by Prime Minister Sher Bahadur Deuba, currently on a visit to...
KATHMANDU, March 30: Chinese Foreign Minister Wang Yi in his recent visit to Nepal agreed to import Haylage, dried grass used as animal fodder, from Nepal. The two countries also signed a document entitled ‘Protocol of haylage export from Nepa...
KATHMANDU, March 29: At the time when the country has been largely hit by surge in the price of petroleum products as a result of the Russia-Ukraine crisis, the Nepal Oil Corporation (NOC) has recommended the government to lift tax imposed on petroleum...
KATHMANDU, March 23: The government has decided to provide Rs 700,000 to those people losing their lives in train accidents. President Bidya Devi Bhandari on Tuesday issued the Railway Ordinance. As per the ordinance, those losing lives and getting ...
KATHMANDU, March 18: The Nepal Oil Corporation has increased the price of fuel. A meeting of the NOC board of directors held on Wednesday decided to increase the price of petrol, diesel and kerosene by Rs 5 per liter. Similarly, the price o...