Biz News

BizNews March 2016

March 2016   
Stakeholders have stressed on the need for committed efforts from all concerned for the development of Eastern Terai. Participating in an interaction held at Biratnagar on the topic “Nepal’s Development Issues and Nepal-India Relationship,” jointly organized by New Business Age Pvt. Ltd. and Aarthik Abhiyan Daily on February 10, the stakeholders alleged that the political leadership was indifferent towards the country’s development. . . . Read more »


Biz News February 2016

Nepal Chamber of Commerce (NCC) President Rajesh Kaji Shrestha has said that Nepal needs to sign a Bilateral Investment Promotion and Protection Agreement (BIPPA) with China. . . . Read more »


Biz News January 2016

The press release stated that TeliaSonera divests its direct ownership of 60.4 percent to Axiata for USD 1,030 million on an cash and debt free basis, Ncell had a net cash position of approximately USD 284 million, after purchase price adjustments, as of September 30, 2015, and TeliaSonera will be paid for the cash position at closing in proportion to its economic interest of 80.4 . . . Read more »


Biz News Decemer 2015

Finance Minister Bishnu Paudel has urged the Chief Customs Officer and staff of Bharirahawa Customs Office to be committed to the standardisation of customs office and the increase of . . . Read more »


Biz News November 2015

The Federation of Handicraft Associations of Nepal, Federation of Nepal Gold and Silver Dealers Association and Federation of Nepal Gold Silver Gem and Jewellery Associations are the organisers of the expo. The expo is being organised with support from the Ministry of Commerce and Supplies and the Trade and Export Promotion Centre, according to a press . . . Read more »


Biznews October 2015

President Dr Ram Baran Yadav on Sept 20 announced the adoption of Nepal’s new Constitution at the last meeting of the Constituent Assembly . . . Read more »


Biz News Septermber 2015

National Banking Institute (NBI) organized a one-day conference on August 6 on Asset Liability Management, in Kathmandu. The purpose of the conference was to highlight the increasing gap between assets and liability management and mitigation of market risk. . . . Read more »


Biznews August 2015

Nepal Stock Exchange (NEPSE) launched its authorised mobile app on July 5. Finance Minister Dr Ram Sharan Mahat unveiled the app at a programme held at the ministry. The app has been produced jointly by NEPSE, the national daily Aarthik Abhiyan and Braindigit IT . . . Read more »


Biz News July 2072

July 2015   
Economists and private sector actors have stressed on formulating policies that could harness the potential of both the private and the public sector in addressing the concerns of the national economy, that surfaced especially in the aftermath of the earthquake. . . . Read more »


Biznews June 2015

June 2015   
The April 25 devastating earthquake has shut down ten out of 43 hydropower plants that were generating electricity. According to the Independent Power Producers’ Association Nepal (IPPAN), some nine other plants have suffered minor to major . . . Read more »


Biznews May 2015

May 2015   
Prime Minister Sushil Koirala laid the foundation stone of the Bheri-Babai Multipurpose Project at a programme in Hattikhal of Bheriganga Municipality, Ward No. 15, Surkhet, on April 2. The government has attached top priority to this project, which is also a project of national pride, among the eight other multipurpose . . . Read more »


Biznews April 2015

April 2015   
The first Indo-Nepal Friendship Motor Rally which was flagged off at Puri, Odisha on February 27 concluded at lawns of India Gate on March 8. According to a press release by the Press Information Bureau, Ministry of Road Transport & Highways, Government of India, twenty four teams and about 90 participants from India and Nepal covered 3060 Km during the ten-day rally in both countries. . . . Read more »


Biz News March 2015

March 2015   
Lately, new hotels are coming up in the city of Biratnagar. One of such hotels is a four-star hotel being constructed by entrepreneur Punya Bhattarai who has invested Rs 200 million in the project. . . . Read more »


Biz News February 2015

Deurali-Janta Pharmaceuticals Pvt Ltd (DJPL) has completed 24 years of its presence in Nepali drugs market. Established in 1991, the company has been a pioneer in Nepali drugs industry. The leading Nepali pharmaceuticals company is the first Nepali drug maker to receive World Health Organization . . . Read more »


Biz News January 2015

Ncell App Camp 2014 has awarded ICT for Agriculture the best app award from the competing 24 apps. The app provides information about weather condition and the market value of agricultural goods. The winners were awarded half million as cash . . . Read more »


Business News December 2014

Plast Nepal 2014, the first plastic expo of Nepal concluded in the capital recently. The three-day expo was organised from November 14 at Bhrikuti Mandap Exhibition Hall, . . . Read more »


Biz News November 2014

Nepal’s hospitality industry is expecting more than half dozen of new star hotels to open up for its guests within 2016. Hotel Association of Nepal (HAN) confirmed the reports and claimed that investment commitments made by various Nepali business houses and organizations . . . Read more »


Biz News October 2014

Dolma Impact Fund has announced to invest up to Rs 4 billion in different companies of Nepal. The fund has been providing organisational investment incentive to different companies in the country. The Fund has planned to invest in the companies related to education, agriculture, . . . Read more »


Biz News September 2014

Nepali and the Indian government have agreed to implement the 6,720 Mega Watt (MW) Pancheswor Multipurpose Project (PMP) within a year. The agreement was reached between Prime Minister Sushil Koirala and visiting Indian Prime Minister, Narendra Modi . . . Read more »