Economy

Government Sets Toll Fees for Nagdhunga Tunnel Route

2 months ago

Kathmandu. The government has finalized the toll fees for vehicles using the Nagdhunga Tunnel. The Ministry of Physical Infrastructure and Transport published a notice in the Nepal Gazette on Thursday,...

Nepal's Government Moves to Revive Stagnant State-Owned Industries

2 months ago

Kathmandu. The government led by Balendra Shah (Balen) is in the process of reviving state-owned industries that were previously operational but are currently closed. The government had adopted a policy...

Nepal Government Issues New Directives on MRP and Labeling to Protect Consumer Rights

2 months ago

Kathmandu. The government has issued new directives regarding Maximum Retail Price (MRP) and product labeling, aiming to ensure price transparency and protect consumer rights in the market.The Department of Commerce,...

Nepal to Submit $27 Million Climate Loss and Damage Project Proposal

2 months ago

Kathmandu. The government is set to submit a project proposal worth approximately 3.6 billion rupees to the 'Fund for Responding to Loss and Damage' under the United Nations Framework Convention...

NEPSE surges by 48.71 points in final trading session of the week

2 months ago

Kathmandu. The Nepal Stock Exchange (NEPSE) index saw a significant rise on Thursday, the final trading day of the week. The NEPSE index closed at 2851.24 points, up by 48.71...

Government Initiates Amendment Process for Public Procurement Act, 2063

2 months ago

Kathmandu. The government has initiated the amendment process to update the Public Procurement Act, 2063. The Public Procurement Monitoring Office under the Office of the Prime Minister and Council of...

Nepal Tourism Board Discusses Strategies to Mitigate Impact of Middle East Crisis

2 months ago

Kathmandu. The Nepal Tourism Board has discussed alternative strategies to mitigate the impact of the escalating crisis in the Middle East on Nepal's key source markets, air connectivity, and tourist...

Ncell Launches Major Discount Offer for New Year 2083

2 months ago

Kathmandu. Private telecommunications provider Ncell has introduced a new offer for its customers in celebration of the New Year 2083, featuring significant reductions in service charges. The company has launched a...

10th Bhaktapur Industrial, Cultural, Tourism, Agriculture and Trade Festival Kicks Off

2 months ago

Bhaktapur. On the occasion of the New Year 2083, the '10th Bhaktapur Industrial, Cultural, Tourism, Agriculture and Trade Festival-2082/83' has commenced today in Bhaktapur. Sandeep Mahat, President of the Industrial...

Honor Launches 'Magic of 8' Lineup in Nepal Featuring AI-Powered Devices

2 months ago

Kathmandu. Sparking a new debate on technology and style in the Nepali smartphone market, Honor has unveiled its highly anticipated 'Magic of 8' lineup. With cutting-edge Artificial Intelligence (AI), powerful...

FNCCI Vice President Dhakal Stresses Economic Reform and Private Sector Protection

2 months ago

Kathmandu. Hemraj Dhakal, Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has stated that regardless of the political system in place, the government and the...

Middle East Conflict Presents Export Opportunities for Nepal, Says Trade Official

2 months ago

Kathmandu. Sharad Bikram Rana, Executive Director of the Trade and Export Promotion Center, stated that the recent tensions and conflicts in the Middle East have created significant export opportunities for...

Kamana Sewa Bikas Bank to Acquire Akash Capital as Subsidiary

2 months ago

Kathmandu. Kamana Sewa Bikas Bank Limited is set to operate Akash Capital Limited as its subsidiary by acquiring its founder shares to provide merchant banking services.The bank announced that it...

World Bank Projects Nepal's Economic Growth to Slow to 2.3 Percent

2 months ago

Kathmandu. The World Bank has projected that Nepal's economic growth rate will shrink to 2.3 percent. The World Bank attributes this limited growth to the ongoing conflict in the Middle...

Department of Customs to Implement Seventh Customs Reform Plan from Fiscal Year 2083-84

2 months ago

Kathmandu. The Department of Customs is set to formulate and implement the seventh customs reform plan starting from the upcoming fiscal year 2083-84. As the sixth five-year customs reform plan...

Ilam's 'Youth Entrepreneur with Vice-Chair' Program Boosts Local Employment

2 months ago

Ilam. The 'Youth Entrepreneur with Vice-Chair' program, implemented in Maijogmai Rural Municipality, has successfully created employment opportunities at the local level. Initiatives included training in dairy and ghee processing, millet...