Economy

China's largest offshore oilfield reports record annual oil, gas output

6 months ago

China's largest offshore oilfield, the Bohai Oilfield, has produced over 40 million tonnes of oil equivalent in 2025, setting a historical record, the China National Offshore Oil Corporation (CNOOC) announced...

Paddy production declines this year

6 months ago

Bhojpur, Dec 21: Paddy production has declined in the district this year due to adverse weather conditions. The Agriculture Knowledge Centre has stated that the production has decreased due to...

Minister's directive to complete model headquarters construction works within deadline

6 months ago

Triveni (Nawalparasi), Dec 20: Minister for Physical Infrastructure and Transport, and Urban Development, Kulman Ghising, has instructed that the work on the model headquarters under construction in Nawalpur, Nawalparasi (Bardaghat...

NC leader Koirala urges government to create environment conducive for elections

6 months ago

Biratnagar, Dec 20: Central member of the Nepali Congress, Dr Shekhar Koirala, has emphasised that the government should create an environment where the people can vote in a fair and...

Tender of contractors failing to timely deliver will be terminated: Minister Ghising

6 months ago

Chitwan, Dec 20: Minister for Energy, Water Resources and Irrigation, Kulman Ghising, who also holds the portfolio of the Ministry of Physical Infrastructure and Transport and Urban Development, said that...

Advancing Saptagandaki Multipurpose Proejct stressed

6 months ago

Kathmandu, Dec 20: Minister for Energy, Water Resources and Irrigation Kulman Ghising has emphasized advancing the construction ofthe 225 MW Saptakoshi multipurpose hydropower project with a reservoir to address erosion...

IMF approves emergency financing for Sri Lanka after Cyclone Ditwah

6 months ago

The Executive Board of the International Monetary Fund (IMF) on Friday approved an emergency financing of 206 million U.S. dollars for Sri Lanka, in a bid to help it address...

Interaction on Nepal-Bangladesh Economic Cooperation

6 months ago

Kathmandu, Dec 20: Nepali Ambassador to Bangladesh, Ghanashyam Bhandari, has said bilateral economic cooperation between Nepal and Bangladesh is expanding in energy trade, investment and tourism sectors.An event on ‘Nepal-Bangladesh...

Nepal-India relationship is historic, Finance Minister says

6 months ago

Kathmandu, Dec 19: Finance Minister Rameshwore Khanal has said that Nepal-India relationship is robust and historic.At a programme organized on 31st annual general meeting of Nepal-India Chamber of Commerce and...

US Fed official says no urgency to cut rates, flags distorted data

6 months ago

A key US Federal Reserve official said Friday that he sees no need to rush to cut interest rates further, adding that challenges with data collection likely distorted recent inflation...

Making private sector first target in protest unfortunate: FNCCI

6 months ago

Triveni (Nawalparasi), Dec 19: President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Chandra Prakash Dhakal, has said it is unfortunate that the private sector becomes the...

11th Nepal Wood International Expo kicks off

6 months ago

Kathmandu, Dec 19: The 11th Nepal Wood International Exhibition, 2025' related with wood, plywood, laminate and wood processing machinery sector began at exhibition hall of Bhrikutimandap from today.Futurex Trade Fair...

Cambodia, Laos launch 2nd phase of cross-border QR code payments

6 months ago

Cambodia and Laos on Friday launched the second phase of cross-border QR code payments, which allow Lao travelers to shop in Cambodia by using their own currency.Chea Serey, governor of...

Sri Lanka expects foreign investment to top 1.5 bln USD in 2026

6 months ago

Sri Lanka expects foreign direct investment (FDI) inflows to be between 1.5 billion and 2 billion U.S. dollars in 2026, a senior official told journalists on Friday.Chairman of the Board...

SEJON Policy Dialogue: Citizens' trust towards state weakening, Minister Sinha says

6 months ago

Kathmandu, Dec 19: Minister for Industry, Commerce and Supplies, Anil Kumar Sinha, has shared that the public's trust towards the state is weakening due to the trend of spending public...

Minister Ghising stresses on promoting use of local products

6 months ago

Patan (Lalitpur), Dec 19: Minister for Physical Infrastructure and Transport Kulman Ghising has emphasized on promoting the use of local products throughout the country.Speaking at the launch of the 'Bamboo...