Economy

Norway’s Statkraft decided to discontinue on Tamakoshi-III

Kathmandu January 13- Norwegian company Statkraft has notified the Investment Board Nepal (IBN) of its decision to discontinue the development of the Tamakoshi-III Hydroelectricity...

Government team starts study on dry port in Far West

Kathmandu January 13- The government has begun a study for the development of dry port at Chandani Dodhara in Kanchanpur district, the far-western region...

Birgunj traders relocating business

Kathmandu January 13- Traders based in Birgunj have started relocating their businesses to Biratnagar, Bhairahawa, Narayangarh and other bordering towns, as the protests that...

Security bodies plan for large biogas plants

Kathmandu January 12- Public institutions, particularly the security agencies, are planning a big move towards promoting large-scale biogas plants to cut dependence on imported...

Harnessing wind power is not so easy

Kathmandu January 12- Even though Prime Minister KP Sharma Oli has floated the idea of promoting wind energy to address the power crisis, the...

Indian Custom office at Jogbani starts charging entry-fee to Nepali vehicles

Kathmandu January 12- India’s Jogbani customs office on Monday introduced a new rule, under which vehicles with Nepali licence plates have to obtain a...

Government to give interest rate subsidy

Kathmandu January 12- Good borrowers related to the productive sector whose businesses have been dampened due to the border-blockade will get subsidy on interest...

Dividend of Mega bank endorsed by AGM, also issuing 25% of right shares

Kathmandu January 11- AGM of mega bank ltd has endorsed the 10% bonus share and 0.56% cash dividend for tax provision proposed by the...

Government considers halting fuel import permit issuance

Kathmandu January 11- Department of Commerce and Supply Management (DoCSM) is considering halting the issuance of temporary petroleum import licences to private firms as most...

Nepal to hold consultation with Saudi Arabia for Labour Agreement

Kathmandu January 11- Nepal is going to hold consultations with Saudi Arabia, one of the top labour destinations for Nepali migrant workers, for Labour...

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