Government Likely to Extend Lockdown
Government Likely to Extend Lockdown
  0   2 minutes 17 seconds to read

April 24: The government hinted that it would take decision on lifting the lockdown after reviewing necessary concerns, including the steps taken by neighbouring India to control the spread of…

Sharp Decline in Remittance to Nepal in 2020: WB
Sharp Decline in Remittance to Nepal in 2020: WB
  0   3 minutes 47 seconds to read

April 23: The coronavirus (COVID-19) pandemic induced economic crisis will cause remittances to Nepal decline by 14 percent in 2020 compared to USD 8.1 billion in 2019, according to a new World Bank report.…

Global Hunger could Double due to COVID-19 Blow: UN
Global Hunger could Double due to COVID-19 Blow: UN
  0   2 minutes 35 seconds to read

April 23: The number of people facing acute food insecurity could nearly double this year to 265 million due to the economic fallout of COVID-19, the United Nations’ World Food Programme (WFP) said in a recent…

Cabinet Endorse Electricity Bill
Cabinet Endorse Electricity Bill
  0   1 minutes 16 seconds to read

April 24: Hydropower companies no longer require separate licenses for survey and generation of electricity provided that the new law is endorsed by the…

Milk Consumption Down to 20 Percent
Milk Consumption Down to 20 Percent
  0   1 minutes 54 seconds to read

April 23: Nepal Dairy Association (NDA) has said that milk vans have not been able to operate despite the government not preventing the operation of vehicles carrying essentials during the lockdown period.…

Health Ministry Confirms Three New Cases of Coronavirus
Health Ministry Confirms Three New Cases of Coronavirus
  0   57 seconds to read

April 23: With three new confirmed cases of coronavirus in the country, the total number of people infected with COVID-19 has reached 45, Ministry of Health and Population said Wednesday (April…

‘World Bank Agrees to Release Concessional Loan for Youth Employment’
‘World Bank Agrees to Release Concessional Loan for Youth Employment’
  0   1 minutes 40 seconds to read

April 22: The World Bank has approved the work procedure prepared by the Ministry of Labour, Employment and Social Security for the utilization of Rs 14 billion concessional loan announced by the World Bank under the Prime Minister Employment…

Umbrella Organisation of Bankers Decides to Lower Interest Rate for SMEs
Umbrella Organisation of Bankers Decides to Lower Interest Rate for SMEs
  0   1 minutes 25 seconds to read

April 22: The Confederation of Banks and Financial Institutions Nepal (CBFIN), an umbrella organisation of commercial banks, development banks and financial institutions of the country, has decided to charge one percent less interest on loans up to Rs 10 million from April 13 onward to small and medium-scale enterprises…

Western Union Announces Home Delivery Service in Nepal
Western Union Announces Home Delivery Service in Nepal
  0   1 minutes 28 seconds to read

April 22: Western Union Money Transfer on Tuesday (April 21) announced that Annapurna Travel & Tours and Hulas Rmittance will provide home delivery service for Western Union money transfers in…

Private Sector Demands Financial Stimulus worth 5 Percent of GDP
Private Sector Demands Financial Stimulus worth 5 Percent of GDP
  0   2 minutes 25 seconds to read

April 22: Stating that the ongoing lockdown to contain the spread of coronavirus has had a chain effect on the overall economy of the country, the private sector has urged the government to announce a fiscal stimulus package worth 5 percent of the Gross Domestic…

Statups on the Verge of Running out of Business
Statups on the Verge of Running out of Business
  0   1 minutes 56 seconds to read

April 22: Startup ecosystem enablers, mentors, investors and entrepreneurs have appealed the government to form a ‘Nepal Covid 19 Start-up Assistance Scheme’ to support the start-ups.…

Coronavirus Cases Jump to 42 in Nepal
Coronavirus Cases Jump to 42 in Nepal
  0   1 minutes 20 seconds to read

April 22: The number of coronavirus patients in the country has jumped to 42 following confirmation of 11 new cases on Tuesday (April…