Stories By 'Rajesh Khanal'
The fifth China South Asia Exposition kicked off on Thursday in Kunming, the capital of Yunnan province of China.
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Stock investors stepped up their protest by boycotting trading on the Nepal Stock Exchange (Nepse) for the whole day on Tuesday after holding a 30-minute boycott on Monday.
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Petrol and diesel prices touched a four-year high on Sunday after Nepal Oil Corporation (NOC) increased the rates, citing hike in the international market. This could become a big headache for the KP Sharma Oli government which has set a target of achieving 8 percent economic growth and keep the annual inflation in check.
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Bangladesh has agreed to revise the list of Nepali products that enjoy duty free access to the country. Nepal in turn has also given the green light to revise the list of Bangladeshi goods that are receiving preferential treatment in local market.
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The government on Tuesday levied stringent tax on real estate, automobiles, alcohol and tobacco products among others will have their tax slab and tax rates revised.
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Public enterprises (PEs) earned net profits totalling Rs42.67 billion in 2016-17, a growth of 18.5 percent compared to the previous fiscal year which has been attributed to an increase in the number of state-owned companies along with an improvement in their financial position.
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