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  • Oli lays foundation stone for dry port at Chobhar

    Kathmandu,Jan 17– Prime Minister KP Sharma Oli has laid the foundation stone for a dry port at Chobhar, Kathmandu, today. On the occasion, Prime Minister Oli said that the dry port would help link country’s international trade network.  He also expressed the belief that it would also help export domestic products following its construction. The dry port is going to be constructed with the purpose of storing goods imported from other countries as well as goods to be exported to...

    55 Nepalis have illegal investments abroad

    Kathmandu,Jan 17:Though existing national laws bar Nepalis from investing abroad, as much as 55 Nepalis have invested in foreign companies illegally, according to the report. The newspapers say the list includes political leaders, former lawmakers, businesspersons, professors and those whose names were not heard in any of the fields. The list includes founder of the Non-Resident Nepalis Associatoin Upendra Mahato, controversial businessperson Ajeya Raj Sumargi and FNCCI Vice President Chandra Prasad Dhakal among others. Meanwhile, Nepalis have deposited Rs...

    US to fund NGOs working for Tibetans

    Kathmandu,Jan 14:The US government has announced plans to fund NGOs working for Tibetan communities through the Asia Reassurance Initiative Act. The report says that the Act, approved by Congress in early December and signed by President Trump on New Year’s eve, recongises India as a major defence partner in the Indo-Pacific region. The paper says that the legislation paves the way for the government to provide funding to NGOs working to preserve Tibetan culture in India, China and Nepal. The report...

    Job-holders will have to deposit portion of salary in account of parents

    Kathmandu, Jan 11 The government is bringing legislation requiring job-holders to deposit a certain proportion of their salary in the joint account of their parents every month. Amending the act about elderly citizens, the government has proposed that those having government jobs, or working in a private or organized sector and international organizations mandatorily deposit a certain proportion of their income in the joint account of their parents every month. The Ministry of Women, Children and Senior Citizens had...

    NOC slashes aviation fuel prices

    Kathmandu,Jan 11: Flying on domestic airlines will be a bit cheaper from Sunday as Nepal Oil Corporation has slashed fuel surcharge following a drop in the price of aviation fuel. The price tag of an average air ticket could drop from Rs 80 to Rs 400 depending on the distance. The new tariff will be implemented from Sunday. NOC, on Thursday, reduced the price of aviation fuel sold to domestic airlines to by Rs 10 per litre to Rs 94.5...

    Surendra Paudel appointed NOC MD

    Kathmandu,Jan 08:The government has appointed Surendra Prasad Paudel as the managing director (MD) of Nepal Oil Corporation (NOC).The Cabinet meeting on Monday appointed Paudel as MD of NOC on recommendation of the Ministry of Industry, Commerce and Supplies, a minister confirmed with Setopati. Paudel, who resigned from general manager of Udayapur Cement Industries on Monday, is a chartered accountant by training.The ministry had recommended the names of Paudel, Tara Nath Paudel and Anil Kumar Jha for the post after...

    Nepal Museum donates to Spinal Cord Injury Network

    Kathmandu,Jan 04:Nepal Museum Association Rs. 133,060.000 to Spinal Cord Injury Network Nepal to care patients with spinal cord injury. The Network thanked Nepal Museum Association for generating money to contribute for cause of spinal cord injury. According to a press release, the Network also said that this amount will support its program and facilitate to provide offer service to the needy patients. The money is jointly handed over by founder of Disability Media Foundation Gajendra Budhathoki and Nepal Museum...

    Energy Minister discusses cooperation possibilities with US Ambassador

    Kathmandu, January 3 Minister for Energy, Water Resources and Irrigation, Barsha Man Pun, has discussed possibilities of cooperation for the development of energy sector in Nepal with the United States Ambassador Randy Berry. The diplomat had gone to the Minister’s office in Singhadarbar on Thursday to discuss various issues of bilateral concern. During the meeting, the Minister appealed to the diplomat to help Nepal get more foreign investment as the country now had an appropriate environment for investors following...

    Economic Cooperation Between Sri Lanka And Nepal

    Kathmandu,Jan 02:The Embassy of Sri Lanka in Nepal together with Nepal- Sri Lanka Chamber of Commerce & Industry organized a Programme on “Promotion of Economic relations between Sri Lanka and Nepal” at the Hotel Radission on Friday, 28th December 2018. Swarna Perera, the Ambassador and Ramesh Maharjan, President of Nepal- Sri Lanka Chamber of Commerce & Industry graced the occasion. The President of Nepal Association of Tour Operators (NATO), President of Nepal Association of Tour & Travel Agents (NATTA)...

    Government to buy 300 electric buses

    Kathmandu, December 28 The government has decided to purchase 300 electric buses to ply in Kathmandu. According to Minister for Information and Communication Gokul Baskota, the decision was made in a cabinet meeting. He also said that the government would be investing its own money while purchasing the buses. He added the electric busses would help control the air pollution in the Valley and also hoped it would help promote the use of electric vehicles in the capital. Baskota...

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