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  • DPM Mahara urges Chinese business community to invest in Nepal

    Kathmandu, Sept 10: Deputy Prime Minister and Minister for Foreign Affairs Krishna Bahadur Mahara has urged Chinese business community to invest in infrastructure sector in Nepal, as environment conducive to investment has been created in the country. “Nepal has focused on investment in infrastructure development and inter-country economic sector in order to increase connectivity between the two countries (Nepal and China). There are good opportunities for investment in inter-country railway, road, transmission line and airway,” he said. DPM Mahara,...

    NAC splurges Rs 5m on foreign junkets

    Sep 10 Republica and Nagarik, papers published by Nepal Republic Media, say that Nepal Airlines Corporation NAC has spent Rs 5 million on foreign trips for one-and-half dozen members of its staff over a period of one year. While seven NAC officials are in the Netherlands, three are in to visit Thailand, Vietnam and Cambodia. While the NAC foots all their bills, it also gives each staffer a perdiem of $150 on average.

    Agreement on opening ticket booking for Dashain from Tuesday

    Kathmandu, Sept 10: Public transport entrepreneurs have agreed to open the ticket booking for long routes from upcoming Tuesday in view of the upcoming Dashain festival. A meeting held at the Ministry of Physical Infrastructure and Transport among the line Minister, State Minister, Director General of the Department of Transport Management and transport entrepreneurs ended with an agreement to this end. During the meeting, Minister Bir Bahadur Balayar made it clear that the immediate repairing of damaged roads was...

    Nuwakot – based organizations launch anti-corruption drive

    Trishuli (Nuwakot), Sept 9: A campaign has been launched to rid the district of corruption with participation of people’s representatives and the government employees. Eight different organizations based in the district are spearheading the anti – corruption drive which kicked off on Friday from Bidur, the district headquarters. The people’s representatives and government employees signed a campaign letter against corruption to launch the anti – corruption programmes. District Coordination Committee Chief, Santaman Tamang, said he was joining the campaign...

    Nepali embassy in Bangladesh supports flood victims

    Kathmandu, Sept 8: The Embassy of Nepal in Dhaka, Bangladesh has provided 500 thousand rupees in support of the flood-affectedpeople of Nepal. The employees at the embassy collected the amount and handed over to Prime Minister Sher Bahadur Deuba on Thursday, according to the PrimeMinister’s senior media advisor, Govinda Pariyar. The amount was collected on the initiatives of the Nepalese ambassador to Bangladesh, Dr Chop Lal Bhusal. Rs 513 thousand 339 has been deposited in the Prime Minister Disaster...

    Chinese companies fail to keep investment promises

    Kathmandu, September 7 At the investment summit hosted by the Nepal government on March 6 this year, China became the country to promise the biggest investment for development projects in Nepal. In total, various Chinese companies promised to invest Rs 830 billion. Most of Chinese investors had promised to invest in roads, mines and hydropower. Exactly six months have passed since the conference, but Nepal has not received a penny from them. Neither have the companies started any legal...

    Agro cold store construction

    Damg, Sept 7: Farmers of the Rapti rural municipality do not need to roam in markets for the sale of their agro products and purchase of seeds, fertilizers and agriculture inputs. The farmers’ woes have come to an end for the sale and purchase of agro items after the construction of cold store with the financial support from the Prime Minister Agriculture Modernization Project Super Zone. The cold store was constructed with the financial assistance of Rs 2.64 from...

    FNCCI President Rana pledges to bring Palpa’s staple products to international market

    Rampur (Palpa), Sept 6: Federation of Nepalese Chamber of Commerce and Industries (FNCCI) President, Bhawani Rana, has pledged to internationalize the trade of Palpa’s staple products of Dhaka, Karuwa and ginger. Inaugurating the Golden Jubilee of the Palpa Chamber of Commerce and Industry here, Rana said the trade of the staple products will contribute towards country’s economic prosperity. He added that the FNCCI remained committed in its effort to export the Nepali products to India and China. Stating that...

    NRB to distribute new notes from Sept 13

    Kathmandu, September 5 Nepal Rastra Bank (NRB) has decided to distribute new currency notes to the general public in view of the upcoming Dashain festival from September 13. The central bank said today that the general public can exchange new notes worth up to Rs 27,000 from the counters of its Currency Management Department from next week. As per NRB, the general public can get the exchange facility for notes of five rupees, Rs 10, Rs 20, Rs 50 and Rs...

    Cow farm and cheese factory in operation in Mustang

    Kobang (Mustang), Sept 4: A cow farm and a cheese factory have come into operation in Thasang rural municipality-2 in Mustang district. Dhaulagiri Gurusamphu Agriculture Cooperative operates the cow farm and cheese factory. Cooperatives chairman Nar Bahadur Hirachan said that they have brought the cow farm and cheese factory into operation to decrease import by supplying dairy products from Mustang, to create employment and to increase income.  He said that import of milk from Pokhara has decreased with the...

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