NEWS

Rejection of Munich International Airport’s Proposal to Operate GBIA Recommended

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…

FNCCI Demands Extension of Loan Re-payment Deadline
FNCCI Demands Extension of Loan Re-payment Deadline
  0   3 minutes 19 seconds to read

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.…

DPR of Betan Karnali Hydropower Project to be Ready by mid-October
DPR of Betan Karnali Hydropower Project to be Ready by mid-October
  0   4 minutes 7 seconds to read

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…

Credit Rating of Nepal within 6 Months
Credit Rating of Nepal within 6 Months
  0   3 minutes 12 seconds to read

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.…

Excise Duty Sticker Printing Still in Dilemma
Excise Duty Sticker Printing Still in Dilemma
  0   4 minutes 25 seconds to read

The printing of excise duty stickers has stuck in a dilemma even though the stock of the stickers is said to be running out.…

Collection of Insurance Premium Increases
Collection of Insurance Premium Increases
  0   3 minutes 7 seconds to read

There has been improvement in collection of insurance premium after the easing of the lockdown.…

Covid-19 Impact: NPC to Reassess Goals of 15th Plan
Covid-19 Impact: NPC to Reassess Goals of 15th Plan
  0   4 minutes 19 seconds to read

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.…

Embossed Number Plates Installation to Start from mid-July
Embossed Number Plates Installation to Start from mid-July
  0   2 minutes 27 seconds to read

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.…

MCC Ratification Put on Hold after Expiry of Deadline
MCC Ratification Put on Hold after Expiry of Deadline
  0   2 minutes 52 seconds to read

The government has informed the donor country, the United States , that the Millennium Challenge Corporation (MCC Compact) has been currently put on hold.…

NTB Imparts Online Tourism Protocol Training
NTB Imparts Online Tourism Protocol Training
  0   1 minutes 51 seconds to read

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.…

Rise of Two Big Companies in Cement Industry
Rise of Two Big Companies in Cement Industry
  0   4 minutes 11 seconds to read

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.…

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