Nepal fails to expand petroleum storage capacity

Kathmandu, January 30 In past 12 years, the per-year demand for petroleum products in Nepal increased by 1.17 billion litre. However, the storage capacity of Nepal Oil Corporation, the sole state-government distributor of fuels in the country, is same over years. During the 2015/16 border blockade, the country reeled under an acute shortage of petroleum products. Members of the public as well as stakeholders widely discussed the need of expanding the storage facility so that the country could store...

8th CAN Infotech in mid-February

Pokhara, Jan 28: The 8th CAN Infotech to be organised by Computer Association of Nepal, Kaski chapter is taking place from coming February 16. Latest IT gadgets and technologies will be on display and sale at the five-day fair to be held at the exhibition centre in Naya Bazaar. Around 120 stalls related to IT and communications will form the exhibition with priority to locally produced products, according to CAN Kaski chair Yubaraj Poudel. ICT conference, IT quiz contest,...

Tourism entrepreneurs into trout farming

Lalitpur, Jan 28: Tourism entrepreneurs in the mountain districts of Manang, Mustang and Solukhumbu have taken up Trout fish farming. With support from the High Hills Agro Business and Livelihood Improvement Project supported by the Asian Development Bank, the tourism entrepreneurs in the district have taken up fish farming also to add to their tourism business. “Fresh fish has become a good source of income for those running the tourism business,” said the Project Director Bijaya Kant Jha. Subsidiary...

Japan provides Rs 324.8 million in grant for food assistance programme

Kathmandu, Jan 25 (RSS): The Government of Japan has agreed to extend Rs 324.8 million in grant to Nepal for the implementation of Food Assistance Programme. Secretary at the Ministry of Finance Shankar Prasad Adhikari and Ambassador of Japan to Nepal Masashi Ogawa signed the Exchange of Notes today in the Ministry of Finance on behalf of the respective governments. The fund is aimed at supporting Food Security Programme in Nepal and shall be used for the purchase of...

NTB starts Chinese language classes in Pokhara

Pokhara, Jan 23 : Nepal Tourism Board (NTB) has started Chinese language classes targeting the local tourism entrepreneurs. The classes in Basic Chinese Language are being run at the NTB’s office at Damsite. The classes are managed by Sino-Nepal Media Society with the support from the Kathmandu University’s Confucius Institute. House of Representatives member Rabindra Adhikari inaugurated the classes amidst a special function. More than 80 entrepreneurs have enrolled for the classes which will be of 80 hours.

32 airlines companies reluctant to pay arrears

Kathmandu, Jan 19 : Thirty-two domestic and foreign airlines companies which are no longer in operation are disinclined to pay Rs 113 million 964 thousand 973 they owe to the Civil Aviation Authority of Nepal (CAAN). The CAAN Tribhuvan International Airport office has directed these companies to pay their arrears. According to CAAN, Auatrian Airlines has arrears of Rs 43 thousand 600, Burma Airways Rs 186 thousand 850, Lufthansa Air Rs 163 thousand 644 and the Gulf Air Rs...

National Business And Trade Fair Starts Today With Amazing Offers

Pokhara,Jan 11:National Industrial Trade Fair 2074 will start this Thursday. Along with this annual fair another gadget-based fair is also set to be held in which top and trendy smartphones as well as other electronic goods will be on sales with comparatively high amount of discounts. Shivaraj Pahari, Chairman of Nepal Mobile Distributors Union says popular mobile phones like Samsung,  Oppo, Motorola, Huawei, Nokia,  Colours, Xiaomi , Techno Mobile , Lava , Microsoft, CG etc will be sold in stalls operared by mobile brands itself . Electronic goods such as Refrigerators, Heaters and Water coolers will also be available for sales. Various households Electronics goods, Dish Home, Mobile Accessories etc will be made available through Digital Sound &...

Nepal’s national flag carrier loses Kathmandu market to India’s Jet Airways

Kathmandu, January 8 In 2016, Nepal’s national flag carrier, Nepal Airlines Corporation, won back its control over the market of international flights to and from Kathmandu after years. It became the company serving the highest number of international passengers as well as operating the highest number of flights. The government-owned company, however, is likely to lose both statuses to India’s private Jet Airways in 2017. According to the data from January-July 2017, it is in the second position in...

Flights to and from Bharatpur affected owing to fog

Ratnanagar, Jan 7 : The normal life in Chitwan district has been affected due to chilling cold. The temperature in the district has dipped up to 7 degree Celsius. Likewise, entire flights to and from Bharatpur airport were cancelled on Saturday while the flights were also affected till late afternoon Sunday because of poor visibility after the thick fog, chief of Bharatpur Airport Pawan Kumar Gautam said. Buddha Air, Yeti Airlines and Simrik Air have been operating Kathmandu-Bharatpur flights...

Nepal approves foreign investment of Rs 13 billion in first five months of current fiscal year

Kathmandu, January 7 Nepal has approved foreign direct investment worth as much as Rs 13 million in the first five months of current fiscal year 2017/18, says the government. The amount is almost equal to the total foreign investment commitment made in the previous fiscal year 2016/17. The Department of Industry says investment worth Rs 13 billion has been approved for 142 companies since the beginning of this fiscal year in mid-July. Last year, the Department had approved investment...

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