Nepal-China ties

17,August Hu Shiseng, Director of the Beijing-based Institute of South and Southeast Asian and Oceanic studies at Chinese Institute of Contemporary International Relations, in his op-ed for The Kathmandu Post says China and Nepal should move ahead with trans-Himalayan development, with or without India. Hu says Nepal and China have been able to resolve disputes swiftly and effectively and China does not interfere in Nepal’s internal matters. He also proposes that Nepal could use its special relations with both China and India...

Try the unique Newari Traditional food in Fairfield by Marriott from 18 to 27 August

KATHMANDU, August 16 : Want to try Traditional Newari Food while staying in Nepal? Then schedule to go Fairfield by Marriott in Thamel of Kathmandu. “Newari Bhoj” the festival to celebrate the unique food and flavors of Newari Culture is set to be organized from 18th to the 27th August will provide you a platform for Newari artisan home cooks to make sure capture the truly authentic flavors, the hotel  believes. “To add to the festival atmosphere Traditional Dance, entertainments and...

Nepal, China sign three pacts

Aug 16, 2017- Nepal and China on Tuesday signed three agreements related to economic and technical cooperation, promotion of Chinese investment and economic cooperation, and oil and gas exploration in Nepal. The deals were signed after delegation-level talks between Nepal and China led by Deputy PM and Minister for Local Development Bijaya Kumar Gachhadar and visiting Chinese Vice-premier Wang Yang. The two sides formalised the RMB 1 billion (Rs16 billion) Chinese aid for reconstruction of the Kodari Highway announced...

Berlin’s economy benefits from tourism like never before

15 Aug 2017   BERLIN – The tourism industry in Berlin has broken yet another record. Over the past two years, the gross amount of revenue generated by visitors to the German capital has climbed by about €1 billion to 11.58 billion euros a year. This is the result of a new 2016 study on tourism as an economic factor conducted by dwif-Consulting GmbH for visitBerlin. The positive trend continued in the first half of 2017: the number of overnight stays in hotels...

Chinese govt to provide $1 million as emergency fund

KATHMANDU, Aug 15: Chinese government has announced a donation of one million US dollar as emergency fund, expressing its sadness over loss of lives and properties in the floods and landslides in Nepal. Vice-Premier of State Council of the People’s Republic of China Wang Yang made such announcement during the Nepal-China Deputy Prime Minister-level meeting which started from today. Deputy Prime Minister Bijay Kumar Gachchhadar is representing Nepal in the bilateral meeting. Another Deputy Prime Minister Krishna Bahadur Mahara,...

Free SMS services in flood-hit areas

Aug 14, 2017- SMS services have been made free in flood-affected areas, according to Mahendra Bahadur Gurung, Secretary at Ministry of Information and Communication. According to secretary Gurung, a provision to make SMS services free of cost by all telecom service providers has come into effect in view of current crisis of floods and landslides across the country.   However, the free SMS service will be effective only outside Kathmandu, read a tweet posted by Gurung.  

Chinese vice-premier arrives today

Aug 14, 2017- Nepal and China will sign some deals related to reconstruction and investment on infrastructure, among others, during the visit of Wang Yang, vice-premier of the State Council of the People’s Republic of China. Wang is arriving in Kathmandu on an official visit on Monday evening. The visit is taking place at a time when India and China are locked in a dispute over the Doklam tri-junction and when Prime Minister Sher Bahadur Deuba is leaving for...

Nepse slips marginally at 0.42pc

Aug 13, 2017- Nepal Stock Exchange (Nepse) fell 7.05 points to close at 1,653.53 points last week, with banks reluctant to reduce interest rate for loan against shares. The secondary market that opened at 1,660.58 points on Sunday gained 4.47 points to close at 1,665.05 points. On Monday, the market inclined 2.89 points to close at 1,667.94 points. After the public holiday on Tuesday, the market plunged 6.22 points and 8.19 points on Wednesday and Thursday respectively. As a result,...

Power Exchange Committee meeting: Electricity imported from India is cheaper now

Kathmandu, August 10 The price of electricity being imported from India has come down slightly after a meeting of the bilateral Power Exchange Committee. Earlier, the price had been increasing every year at the rate of 5.5 per cent since 2011 as mentioned in an agreement between the two countries. They had also agreed to hold a meeting of the Exchange Committee every year. Though the meeting did not take place after that, the price continued to increase. Accordingly,...

Petrol pump operators launch strike

August 10, 2017 Operators of petrol stations across the country have launched a strike putting forth various demands and they will not collect petrol and diesel from Nepal Oil Corporation today, reports the lead story in The Himalayan Times. Further, they have warned to halt the sale of petroleum products from Sunday, the report says, adding the protest was launched after the NOC was reluctant to increase loss compensation to dealers during the fuel transportation. It quotes President of Nepal...

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