Nepal Oil Corporation (NOC) has hiked price of petrol by Re1 per litre, diesel and kerosene each by Rs3 per litre and cooking gas by Rs25 per cylinder to be effective from Wednesday midnight. Read Full Story »
The first day of bilateral talks between Nepal and China on the Nepal-China Transit and Transportation protocol ended on a positive note on Wednesday, with China expressing its willingness to allow landlocked Nepal to use all of its seaports for trading goods with third countries. Read Full Story »
The Nepal Tourism Board (NTB) was not able to pass its annual budget this week too as the anticipated final court verdict for the reinstatement of its three board members has not been issued. Read Full Story »
Nepal Reinsurance Company Limited (NRCL) said it paid Rs750 million in retrocession transactions to foreign reinsurers out of its total insurance premium portfolio worth Rs4 billion in the fiscal year 2017-18. Read Full Story »
BB Airways has sought permission from the Civil Aviation Authority of Nepal (Caan) to scrap its vintage Boeing 757 as it has not been able to obtain an air operator’s certificate (AOC) to begin commercial service. Read Full Story »
The iconic and legendary American brand Jeep is all set to shake up the SUV market in Nepal with the launch of the all new Compass. Read Full Story »
The 13th edition of Nepal Automobile Dealers Association (NADA) Auto Show 2018, Nepal’s biggest automobile exhibition, is scheduled to begin from September 11 at Bhrikutimandap Exhibition Hall in Kathmandu. Read Full Story »
Restaurants need to do more than serve tasty and quality food if they want to stay in business, they have to adopt new business strategies as competition is intensifying. Read Full Story »
The Department of Supply Management and Protection of Consumers Interest sealed on Saturday, Naya Bazaar Multi Venue—a banquet and an event venue in the Valley, on the charge of selling substandard food items posing risk to the consumers’ health. Read Full Story »
The domestic terminal at Tribhuvan International Airport (TIA) has started opening an hour earlier from Sunday onwards to facilitate smooth movement of domestic flights during the peak tourist season, airport officials said. Read Full Story »
The government’s plan to commence the commercial operation of the Gautam Buddha International Airport in Bhairahawa by next July is unlikely to materialise due to delays in the implementation of the second phase of the project. Read Full Story »
Oppo has launched the latest addition to their popular F-series, the Oppo F9 in Nepal. The company has priced the device at Rs 41,590 for the 4GB variant and Rs45,590 for the 6GB variant. Read Full Story »
Nepal Rastra Bank (NRB), on Friday, announced a new provision wherein tourism businesses, export-oriented industries and hospitals are permitted to take loans in convertible foreign currencies from domestic banks and financial institutions. With this new provision in place, these sectors can also use borrowed foreign currency to import goods. Read Full Story »
The 37th general assembly of the World Crafts Council-Asia Pacific Region (WCC-APR) kicked off in the Capital on Thursday with the objective to promote and develop the handicrafts market in the international arena. Read Full Story »
The Insurance Board (IB) has moved to conduct regular onsite inspections of insurance companies, targeting to streamline the working processes of insurers more effectively. Read Full Story »
Apple farmers in Manang are preparing for the picking season which is expected to start in mid-September. This year’s apple harvest is expected to have an early start because of a wet spring, according to growers. Apple growers said that hybrid apple, which is early-season apple, would be ready for picking within two weeks. Read Full Story »
Finance Minister Yuba Raj Khatiwada said that the government has revised the tariff rates on a number of goods in a bid to safeguard domestic production and promote exports that is expected to reduce the widening trade deficit. Read Full Story »
The Nepali rupee hit fresh lows against the US dollar with Nepal Rastra Bank (NRB) fixing the exchange rate at 113.25 per dollar for Thursday. Read Full Story »
Nepal will be holding a third round of meetings with a team of Chinese government officials to discuss key points of the protocol to implement the Transit and Transportation Agreement. The meetings are scheduled to be held from September 4-6, in Kathmandu. Read Full Story »
Investments in ayurvedic medicine factories have increased due to the fast rising popularity of the ancient medical system which originated on the Indian subcontinent. According to the Department of Drug Administration, 78 ayurvedic medicine manufacturing companies have obtained licences this year while 44 ayurvedic companies are currently in operation. Read Full Story »
Smuggling of yarsagumba into Tibet, China has risen due to lax control at the customs offices in Dolpa and Mugu. As a result of the illegal trade, the government is losing millions of rupees in revenue, officials said. Read Full Story »
Agni Incorporated, the authorised distributor of Mahindra vehicles in Nepal, launched the Plush New XUV500 in the Nepali market, on Monday. The price of the Plush New XUV500 starts at Rs6.18 million. Read Full Story »
Australian-listed boutique casino operator Silver Heritage Group has moved to start another casino-cum-resort in Jhapa in eastern Nepal. Read Full Story »
Nepal Intermodal Transport Development Board (NITDB) has started upgrading the inland container depot (ICD) in Birgunj to properly handle dusty cargo. Read Full Story »
Nepal earned a record Rs67.09 billion in foreign exchange from the tourism industry in the last fiscal year 2017-18 which ended mid-July, according to the statistics of Nepal Rastra Bank (NRB). The figure represents a steep 14.6 percent jump from the previous fiscal year. The country had received 940,218 tourists in 2017. Read Full Story »
The smuggling of live fowl via the open border with India is on the rise with more traders engaging in the activity.Live chicken costs Rs100 per kg in India while it costs Rs250-270 per kg in the local market. This huge price disparity is attracting unscrupulous traders by the horde. Read Full Story »
The Bheri Babai Diversion Multipurpose Project, in past nine months, has finished digging almost 60 percent of the 12-km tunnel using a tunnel boring machine (TBM). The irrigation cum hydropower project is using the machine to dig a tunnel for the first time in the country. Read Full Story »
The smuggling of black pepper to India via illegal trading points in Bara is on the rise. Authorities came to know about the ongoing smuggling when the armed police force recently seized 2,300 kg of white pepper that was being transported to India. During this raid, the police found 46 sacks of black pepper that was being loaded on an Indian tractor ready to cross the border. Read Full Story »
Nepal Tourism Board (NTB) has not been able to pass its proposed annual budget of Rs1.25 billion for this fiscal year following controversy over the removal of three board members at the country’s tourism promotional body. Read Full Story »
The District Administration Office (DAO), Chitwan, on Thursday sealed factories of 10 bottled water producers on the charge of not abiding with the government rule. Read Full Story »













































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