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.…
With the enforcement of lockdown to contain the spread of coronavirus infection, tea estates in Ilam district have lost a sizable income during the peak season to pluck the first flush.…
The World Bank has elevated Nepal’s income status to lower-middle-income group from the lower-income…
In a window of just three days, the government has call two tenders worth Rs 25 Billion for the construction of tank bed of 106 km Kakadvitta-Inaruwa section of the Mechi-Mahakali Electric Railway.…
Soft drinks maker Coca-Cola has announced partnership with Nepal Red-Cross Society to heighten the safety of frontline health workers and volunteers who are assisting patients during theCOVID-19 pandemic.…
After shutting down for nearly three months, small and medium enterprises (SMEs) have resumed their activities to find themselves surrounded by several issues due to very little or no business at all.…
The World Bank has appointed Faris Hadad-Zervos as its new Country Director for Maldives, Nepal and Sri Lanka effective from July 1.…
The government has decided to change some provisions of the Commission for Investigation of Abuse of Authority (CIAA) Bill (3rd amendment) following a strong protest from the country’s private sector.…
Soaltee Crowne Plaza, Idea Studio and National Academy of Medical Science (NAMS) have announced launch of the project ‘Samyog’.…
The International Finance Corporation (IFC), the private sector arm of the World Bank, has said it will be investing additional USD 60 million in Nepal in the next six months.…
Nepalis, who are paying payment gateways fees to international companies for digital transactions, will soon be relieved from paying additional fees to payment services providers including Visa for digital transactions soon.…
