A committee formed by the Ministry of Culture, Tourism and Civil Aviation (MoCTCA) has recommended rejecting the proposal of Munich International Airport of Germany to operation of Gautam Buddha International Airport (GBIA), which is under construction at…
The Covid-19 pandemic has hit the tourism sector the hardest in Nepal.…
After banks and financial institutions (BFIs) began to mount pressure on industrialists and business persons to repay the loans with the ending of the current fiscal year nearing, the Federation of Nepalese Chamber of Commerce and Industries (FNCCI) has demanded to provide extension of principal and interest payment deadline for an indefinite period.…
The Detailed Project Report (DPR) of Betan Karnali Hydropower Project, which will have investment from Employees’ Provident Fund (EPF), will be ready by mid-October. The completion of DPR of the peaking-run-of-the-river (PROR) hydropower project was initially scheduled for…
Fitch Ratings, which has been assigned for sovereign credit rating of Nepal, has prepared an action plan for conducting credit rating within six months of the next fiscal year.…
The printing of excise duty stickers has stuck in a dilemma even though the stock of the stickers is said to be running out.…
There has been improvement in collection of insurance premium after the easing of the lockdown.…
With the deceleration in the country’s economic growth due to the Covid-19 pandemic, the National Planning Commission (NPC) is preparing to reassess the targets set in the 15th Five Year Plan as the target seem unachievable.…
Seven months after the Supreme Court cleared way for the government to distribute embossed number plates, the Department of Transport Management (DoTM) has started process for installation of the number plates on vehicles.…
The country’s transportation sector has been mired in various troubles due to the government’s indifference to formulate concrete work procedures to resume the public transport.…
The joint venture agreement between Nepal Electricity Authority (NEA) and the Power Grid Corporation of India for the construction of Nepal-India second cross-border transmission line New Butwal-Gorakhpur (400 KV) will be signed within the next month.…
The government has informed the donor country, the United States , that the Millennium Challenge Corporation (MCC Compact) has been currently put on hold.…
The Nepal Tourism Board (NTB) has started imparting training virtually to the tourism entrepreneurs about the effective implementation of the protocol on precautions and safety measures to be taken while reopening the tourism sector after the COVID-19 pandemic.…
The government has started issuing labour permit for foreign employment after a halt of three and half months.…
While business community members are currently in ‘wait and watch’ mode and are hesitant in investing amid Covid-19 crisis, two cement industries have added billions in new investments.…
