Contracts of Incomplete Projects can be Extended by a Year
Contracts of Incomplete Projects can be Extended by a Year
  0   2 minutes 38 seconds to read

May 1: The government has approved the Public Procurement Regulations in a way to expand bidding agreement of various projects facing obstruction due to crisis resulting from COVID-19 by a maximum of a year based on the work progress.…

Businessman Agrawal Released on Bail
Businessman Agrawal Released on Bail
  0   1 minutes 57 seconds to read

May 1: The Anti-Money Laundering Investigation Department has released businessman Sulav Agrawal on condition of appearing before the department when required.…

Nepal’s Economic Growth to Slump to 2.27 Percent: CBS
Nepal’s Economic Growth to Slump to 2.27 Percent: CBS
  0   1 minutes 51 seconds to read

April 30: Nepal’s economic growth is expected to drop to 2.27 percent in the current fiscal year against the government’s target of 8.5 percent, according to the data released by the Central Bureau of Statistics…

 ADB to Provide Medical Supplies and Concessional Loan to Nepal
ADB to Provide Medical Supplies and Concessional Loan to Nepal
  0   1 minutes 19 seconds to read

April 30: The Asian Development Bank is to provide medical supplies worth US$ 300,000 and concessional loan worth US$ 250 million to Nepal, according to the national news agency RSS.…

NRB Directs BFIs to Provide 2% Discount on Interest
NRB Directs BFIs to Provide 2% Discount on Interest
  0   1 minutes 37 seconds to read

April 30: Nepal Rastra Bank (NRB) has directed banks and financial institutions (BFIs) to provide a two percent discount on the interest rate to minimise the impact of COVID-19 on borrowers.…

EU to Provide Rs 9.8 Billion to Tackle Coronavirus in Nepal
EU to Provide Rs 9.8 Billion to Tackle Coronavirus in Nepal
  0   2 minutes 16 seconds to read

April 29: The European Union (EU) is all set to provide an aid package of Rs 9.8 billion to Nepal to tackle the outbreak of the coronavirus pandemic and mitigate its impacts, the national news agency RSS reported.…

Experts urge Government to Start Preparation for Promoting Domestic Tourism
Experts urge Government to Start Preparation for Promoting Domestic Tourism
  0   1 minutes 54 seconds to read

April 28: Experts have advised the government to start internal preparations for promoting domestic tourism to support the country’s economy which is reeling under the effect of lockdown to contain the spread of coronavirus.…

Budget for PMEP Spent on Paying Salary of Government Employees
Budget for PMEP Spent on Paying Salary of Government Employees
  0   2 minutes 23 seconds to read

April 28: The Ministry of Labour and Employment has written to the Ministry of Finance to provide double amount for the Prime Minister Employment Programme for the upcoming fiscal year than the amount allocated for the current fiscal…

NCC calls on Government to bring Financial Package for Tourism Sector
NCC calls on Government to bring Financial Package for Tourism Sector
  0   1 minutes 35 seconds to read

April 29: Nepal Chamber of Commerce (NCC) has called on the government to bring a fiscal stimulus package for reviving the tourism sector that has been hardest hit by the COVID-19 pandemic.…

Lockdown Period to be Counted as Public Holiday
Lockdown Period to be Counted as Public Holiday
  0   53 seconds to read

April 28: The government has announced public holiday during the lockdown period, the national news agency RSS reported.…

Bhatbhateni Supermarket Fined for Overcharging Customers
Bhatbhateni Supermarket Fined for Overcharging Customers
  0   1 minutes 2 seconds to read

April 28: The Department of Commerce, Supplies and Consumer Protection has slapped a fine of Rs 300,000 against Bhatbhateni Supermarket for selling daily essentials at a price more than the stated price of the goods.…

NRB Announces Concession on Interest Rates
NRB Announces Concession on Interest Rates
  0   2 minutes 53 seconds to read

April 27: Nepal Rastra Bank (NRB) has announced concession on interest rates for the fourth quarter of the current fiscal year.…

No Yarsagumba Picking this Year
No Yarsagumba Picking this Year
  0   1 minutes 41 seconds to read

April 27: The local levels in Bajhang district have decided not to let people pick yarsagumba this year in the wake of lockdown enforced to contain the COVID-19 outbreak.…