Biz News

Annapurna Circuit Sees Record Number of Visitors in 2023

Annapurna Circuit Sees Record Number of Visitors in 2023

. . . Read more »


CNI Urges Govt for Legal Reforms to Accelerate Economy

CNI Urges Govt for Legal Reforms to Accelerate Economy

. . . Read more »


Capacity Utilization of Industries Declines: NRB Report

Capacity Utilization of Industries Declines: NRB Report

. . . Read more »


Six Months Data Show Government has Failed to Cut Expenditure

Six Months Data Show Government has Failed to Cut Expenditure

. . . Read more »


Government Fails in its Claim to Manage Problematic Cooperatives

Government Fails in its Claim to Manage Problematic Cooperatives

. . . Read more »


Interest on Bank Loans Starts Declining

Interest on Bank Loans Starts Declining

. . . Read more »


Import of Agricultural Products Declines by Rs 23 Billion

Import of Agricultural Products Declines by Rs 23 Billion

. . . Read more »


More Companies not to Distribute Dividends to Shareholders

More Companies not to Distribute Dividends to Shareholders

. . . Read more »


NEA to Issue IPO worth Rs 60 Billion

NEA to Issue IPO worth Rs 60 Billion

. . . Read more »


Tea Export Declines by Rs 383 Million

Tea Export Declines by Rs 383 Million

. . . Read more »


Experts Recommend 'Controlled Legalization' of Marijuana

Experts Recommend 'Controlled Legalization' of Marijuana

. . . Read more »


Inaruwa Substation comes into Operation

Inaruwa Substation comes into Operation

. . . Read more »


Four Cement Industries Operating in Bara-Parsa Industrial Corridor Shut Down

Four Cement Industries Operating in Bara-Parsa Industrial Corridor Shut Down

. . . Read more »


ADB Approves $166 Million Financing Package

ADB Approves $166 Million Financing Package

. . . Read more »


NEA Sells Electricity worth Rs 15.4 Billion to India during Last Monsoon

NEA Sells Electricity worth Rs 15.4 Billion to India during Last Monsoon

. . . Read more »


NPC Revises Budget Calendar, Introduces Provision to Allow Govt to Amend Budget

NPC Revises Budget Calendar, Introduces Provision to Allow Govt to Amend Budget

. . . Read more »


World Bank and ADB Join Forces for Sustainable Development of Nepal’s Hydropower Sector

World Bank and ADB Join Forces for Sustainable Development of Nepal’s Hydropower Sector

. . . Read more »


More than 1 million Tourists Visit Nepal in 2023

More than 1 million Tourists Visit Nepal in 2023

. . . Read more »


Price of Black Cardamom up by 155 Percent

Price of Black Cardamom up by 155 Percent

. . . Read more »


Rara Welcomes over 4,500 Tourists in Four Months

Rara Welcomes over 4,500 Tourists in Four Months

. . . Read more »


More Than just a Sporting Spectacle [Himalayan Enigma]

More Than just a Sporting Spectacle [Himalayan Enigma]

. . . Read more »


World’s Highest Vertical Elevation Drop in an Enduro Race [Himalayan Enigma]

World’s Highest Vertical Elevation Drop in an Enduro Race [Himalayan Enigma]

. . . Read more »


Participants Were Captivated by the Beauty of Dolakha District [Himalayan Enigma]

Participants Were Captivated by the Beauty of Dolakha District [Himalayan Enigma]

. . . Read more »


SAARC TURNS 40 SAARC Secretary-General Calls for Strong Intra-regional Connectivity

SAARC TURNS 40 SAARC Secretary-General Calls for Strong Intra-regional Connectivity

. . . Read more »


Community Engagement a Must for Event Success [Himalayan Enigma]

Community Engagement a Must for Event Success [Himalayan Enigma]

. . . Read more »


Himalayan Enigma Concludes Successfully

Himalayan Enigma Concludes Successfully

. . . Read more »


23 Local Governments Fail to Submit Budget Details on Time

23 Local Governments Fail to Submit Budget Details on Time

. . . Read more »


Annapurna Region Receives 24K Plus Foreign Tourists in a Month

Annapurna Region Receives 24K Plus Foreign Tourists in a Month

. . . Read more »


Chitwan National Park Earns Almost Rs 20 Million during Dashain

Chitwan National Park Earns Almost Rs 20 Million during Dashain

. . . Read more »


InDrive to Invest up to US$100 Million in Promising Startups

InDrive to Invest up to US$100 Million in Promising Startups

. . . Read more »


IRD Honours Top 16 Taxpayers, Surya Nepal Bags Double Honours

IRD Honours Top 16 Taxpayers, Surya Nepal Bags Double Honours

. . . Read more »


KTM-Tarai Fast Track Achieves 27.19 Percent Physical Progress

KTM-Tarai Fast Track Achieves 27.19 Percent Physical Progress

. . . Read more »


NEA Expands Transmission Lines by 3100 Circuit Kilometers in Nine Years

NEA Expands Transmission Lines by 3100 Circuit Kilometers in Nine Years

. . . Read more »


Nepal has Stock of Dairy Products worth Rs 9. 41 Billion

Nepal has Stock of Dairy Products worth Rs 9. 41 Billion

. . . Read more »


Production and Area of Cultivation of Potatoes Increasing in Nepal

Production and Area of Cultivation of Potatoes Increasing in Nepal

. . . Read more »


BYD SEAL and BYD DOLPHIN Receive Five-Star Safety Rating

BYD SEAL and BYD DOLPHIN Receive Five-Star Safety Rating

. . . Read more »


Government Forms Task Force to Study Feasibility of Marijuana Cultivation

Government Forms Task Force to Study Feasibility of Marijuana Cultivation

. . . Read more »


Government, and Development Partners Prioritize Investment in GRID

Government, and Development Partners Prioritize Investment in GRID

. . . Read more »


Roundtable Discussion on Nepal China Tarde Held

Roundtable Discussion on Nepal China Tarde Held

. . . Read more »


World Bank MD Bjerde Visits Nepal with Focus on Resilient Development

World Bank MD Bjerde Visits Nepal with Focus on Resilient Development

. . . Read more »


Private Sectors’ Donations to Quake Survivors in Western Nepal

Private Sectors’ Donations to Quake Survivors in Western Nepal

. . . Read more »


21 Percent Nepalis Lack Minimum Calorie Intake Requirement

21 Percent Nepalis Lack Minimum Calorie Intake Requirement

. . . Read more »


Cement Industry on the Brink of Collapse due to Low Construction Activities

Cement Industry on the Brink of Collapse due to Low Construction Activities

. . . Read more »


40 Percent of Farmers Use Tractors in Nepal

40 Percent of Farmers Use Tractors in Nepal

. . . Read more »


Chocolate and Biscuit Industries Cut Production by Half due to Sugar Shortage

Chocolate and Biscuit Industries Cut Production by Half due to Sugar Shortage

. . . Read more »


Germany to Take Skilled Workers from Nepal

Germany to Take Skilled Workers from Nepal

. . . Read more »


Manang becoming a Preferred Choice among Domestic Tourists

Manang becoming a Preferred Choice among Domestic Tourists

. . . Read more »


India's New Policy Likely to Secure Good Market for Nepal's Hydropower Sector

India's New Policy Likely to Secure Good Market for Nepal's Hydropower Sector

. . . Read more »


More than Half of the Remittances are Spent on Consumable Goods

More than Half of the Remittances are Spent on Consumable Goods

. . . Read more »


NAC to Add Three Small Aircraft with its Own Resources

NAC to Add Three Small Aircraft with its Own Resources

. . . Read more »


Nepal Sells Electricity worth Rs 11 Billion to India in Five Months

Nepal Sells Electricity worth Rs 11 Billion to India in Five Months

. . . Read more »


Nepal’s Tourism Business Returning back to Pre-Covid Situation

Nepal’s Tourism Business Returning back to Pre-Covid Situation

. . . Read more »


Global Rice Prices Hit 15-Year High after India Curbs: FAO

Global Rice Prices Hit 15-Year High after India Curbs: FAO

. . . Read more »


200 New Hotels Added in Thamel

200 New Hotels Added in Thamel

. . . Read more »


Investors' Attraction towards Shares of Commercial Banks Declining

Investors' Attraction towards Shares of Commercial Banks Declining

. . . Read more »


Microfinance Companies Struggling to Recover Debts

Microfinance Companies Struggling to Recover Debts

. . . Read more »


NEA Launches 51 Rapid Charging Stations across the Country

NEA Launches 51 Rapid Charging Stations across the Country

. . . Read more »


Nepal, China Sign 12 Different Agreements During PM Dahal's China Visit

Nepal, China Sign 12 Different Agreements During PM Dahal's China Visit

. . . Read more »


Rukum Farmers Prepare to Export Turmeric to Germany

Rukum Farmers Prepare to Export Turmeric to Germany

. . . Read more »


SEBON Tightens the Noose on IPO Issuance of Hydropower Companies

SEBON Tightens the Noose on IPO Issuance of Hydropower Companies

. . . Read more »


Use of Digital Technology Increasing in Financial System of Nepal

Use of Digital Technology Increasing in Financial System of Nepal

. . . Read more »


Call for a New Roadmap for Agriculture Sector

Call for a New Roadmap for Agriculture Sector

. . . Read more »


Arrival of Chinese Tourists on the Rise

Arrival of Chinese Tourists on the Rise

. . . Read more »


Banks Start Increasing Interest Rates as Deposits Drop

Banks Start Increasing Interest Rates as Deposits Drop

. . . Read more »


Entrepreneur of Chitwan Quitting Business En Masse

Entrepreneur of Chitwan Quitting Business En Masse

. . . Read more »


Export of Pashmina Items Increased by 15 Percent Last Year

Export of Pashmina Items Increased by 15 Percent Last Year

. . . Read more »


Implementation of MCC in Full Swing from mid-August

Implementation of MCC in Full Swing from mid-August

. . . Read more »


Import of Rice from India comes to a Grinding Halt

Import of Rice from India comes to a Grinding Halt

. . . Read more »


Manang Farmers Drawn Towards Apple Farming

Manang Farmers Drawn Towards Apple Farming

. . . Read more »


Most of the Nepali Migrant Workers Prefer Malaysia for Foreign Employment

Most of the Nepali Migrant Workers Prefer Malaysia for Foreign Employment

. . . Read more »


Nepal Prepares to Export 40MW Electricity to Bangladesh in First Phase

Nepal Prepares to Export 40MW Electricity to Bangladesh in First Phase

. . . Read more »


Oranges Worth Rs 290 Million Produced in Tanahu Last Year

Oranges Worth Rs 290 Million Produced in Tanahu Last Year

. . . Read more »


Banana Farming Booming in Tikapur

Banana Farming Booming in Tikapur

. . . Read more »


Collection of Capital Gains Tax Drops by 71 Percent

Collection of Capital Gains Tax Drops by 71 Percent

. . . Read more »


Thai Hotel Chain Dusit Makes Nepal Debut with Hotel Dusit Princess

Thai Hotel Chain Dusit Makes Nepal Debut with Hotel Dusit Princess

. . . Read more »


Dusit Thani Himalayan Resort Starts Operation

Dusit Thani Himalayan Resort Starts Operation

. . . Read more »


Luxury Tax on High-end Hotels and Precious Metals Comes into Force

Luxury Tax on High-end Hotels and Precious Metals Comes into Force

. . . Read more »


Nepal Tourism Board to Spend Around Rs 1 Billion in Promotional Activities

Nepal Tourism Board to Spend Around Rs 1 Billion in Promotional Activities

. . . Read more »


More and More Entrepreneurs Quitting Business for Foreign Employment

More and More Entrepreneurs Quitting Business for Foreign Employment

. . . Read more »


Six International Companies Including Google, and Facebook Registered in Nepal's Taxation System

Six International Companies Including Google, and Facebook Registered in Nepal's Taxation System

. . . Read more »


BizNews March 2016

March 2016   
Stakeholders have stressed on the need for committed efforts from all concerned for the development of Eastern Terai. Participating in an interaction held at Biratnagar on the topic “Nepal’s Development Issues and Nepal-India Relationship,” jointly organized by New Business Age Pvt. Ltd. and Aarthik Abhiyan Daily on February 10, the stakeholders alleged that the political leadership was indifferent towards the country’s development. . . . Read more »


Biz News February 2016

Nepal Chamber of Commerce (NCC) President Rajesh Kaji Shrestha has said that Nepal needs to sign a Bilateral Investment Promotion and Protection Agreement (BIPPA) with China. . . . Read more »


Biz News Decemer 2015

Finance Minister Bishnu Paudel has urged the Chief Customs Officer and staff of Bharirahawa Customs Office to be committed to the standardisation of customs office and the increase of . . . Read more »


Biz News November 2015

The Federation of Handicraft Associations of Nepal, Federation of Nepal Gold and Silver Dealers Association and Federation of Nepal Gold Silver Gem and Jewellery Associations are the organisers of the expo. The expo is being organised with support from the Ministry of Commerce and Supplies and the Trade and Export Promotion Centre, according to a press . . . Read more »


Biznews October 2015

President Dr Ram Baran Yadav on Sept 20 announced the adoption of Nepal’s new Constitution at the last meeting of the Constituent Assembly . . . Read more »


Biz News Septermber 2015

National Banking Institute (NBI) organized a one-day conference on August 6 on Asset Liability Management, in Kathmandu. The purpose of the conference was to highlight the increasing gap between assets and liability management and mitigation of market risk. . . . Read more »


Biznews August 2015

Nepal Stock Exchange (NEPSE) launched its authorised mobile app on July 5. Finance Minister Dr Ram Sharan Mahat unveiled the app at a programme held at the ministry. The app has been produced jointly by NEPSE, the national daily Aarthik Abhiyan and Braindigit IT . . . Read more »


Biz News July 2072

July 2015   
Economists and private sector actors have stressed on formulating policies that could harness the potential of both the private and the public sector in addressing the concerns of the national economy, that surfaced especially in the aftermath of the earthquake. . . . Read more »


Biznews June 2015

June 2015   
The April 25 devastating earthquake has shut down ten out of 43 hydropower plants that were generating electricity. According to the Independent Power Producers’ Association Nepal (IPPAN), some nine other plants have suffered minor to major . . . Read more »


Biznews May 2015

May 2015   
Prime Minister Sushil Koirala laid the foundation stone of the Bheri-Babai Multipurpose Project at a programme in Hattikhal of Bheriganga Municipality, Ward No. 15, Surkhet, on April 2. The government has attached top priority to this project, which is also a project of national pride, among the eight other multipurpose . . . Read more »


Biznews April 2015

April 2015   
The first Indo-Nepal Friendship Motor Rally which was flagged off at Puri, Odisha on February 27 concluded at lawns of India Gate on March 8. According to a press release by the Press Information Bureau, Ministry of Road Transport & Highways, Government of India, twenty four teams and about 90 participants from India and Nepal covered 3060 Km during the ten-day rally in both countries. . . . Read more »


Biz News March 2015

March 2015   
Lately, new hotels are coming up in the city of Biratnagar. One of such hotels is a four-star hotel being constructed by entrepreneur Punya Bhattarai who has invested Rs 200 million in the project. . . . Read more »


Biz News February 2015

Deurali-Janta Pharmaceuticals Pvt Ltd (DJPL) has completed 24 years of its presence in Nepali drugs market. Established in 1991, the company has been a pioneer in Nepali drugs industry. The leading Nepali pharmaceuticals company is the first Nepali drug maker to receive World Health Organization . . . Read more »


Biz News January 2015

Ncell App Camp 2014 has awarded ICT for Agriculture the best app award from the competing 24 apps. The app provides information about weather condition and the market value of agricultural goods. The winners were awarded half million as cash . . . Read more »


Business News December 2014

Plast Nepal 2014, the first plastic expo of Nepal concluded in the capital recently. The three-day expo was organised from November 14 at Bhrikuti Mandap Exhibition Hall, . . . Read more »


Biz News November 2014

Nepal’s hospitality industry is expecting more than half dozen of new star hotels to open up for its guests within 2016. Hotel Association of Nepal (HAN) confirmed the reports and claimed that investment commitments made by various Nepali business houses and organizations . . . Read more »


Biz News September 2014

Nepali and the Indian government have agreed to implement the 6,720 Mega Watt (MW) Pancheswor Multipurpose Project (PMP) within a year. The agreement was reached between Prime Minister Sushil Koirala and visiting Indian Prime Minister, Narendra Modi . . . Read more »


Biz News October 2014

  
Dolma Impact Fund has announced to invest up to Rs 4 billion in different companies of Nepal. The fund has been providing organisational investment incentive to different companies in the country. The Fund has planned to invest in the companies related to education, agriculture, . . . Read more »


Biz News January 2016

  
The press release stated that TeliaSonera divests its direct ownership of 60.4 percent to Axiata for USD 1,030 million on an cash and debt free basis, Ncell had a net cash position of approximately USD 284 million, after purchase price adjustments, as of September 30, 2015, and TeliaSonera will be paid for the cash position at closing in proportion to its economic interest of 80.4 . . . Read more »