Money

Dhading produces veggies valued at Rs3b annually

Harihar Singh Rathaur, Dec 10 2016

Dhading, one of the largest vegetable producing districts in the country, has an annual output valued at Rs3 billion. Production soared after farmers started adopting commercial agricultural practices, officials said.
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Nepal Investment Summit slated to be held in March

Post Report, Dec 10 2016

The Industry Ministry plans to hold Nepal Investment Summit 2017 with the aim of promoting foreign investment and fostering linkages between domestic and foreign investors.
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Lender mulling whether to fire TIA contractor

Post Report, Dec 09 2016

The Asian Development Bank (ADB) on Thursday said it was holding consultations whether or not to fire the contractor for the stalled $92-million Tribhuvan International Airport (TIA) improvement project.
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Plan to issue poor ID cards gathering dust

Post Report, Dec 09 2016

A plan to issue poor identity cards has been gathering dust as the government has done nothing to implement it even two years after the scheme was announced.
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Actual budget spending reaches 6.5pc in first four months of FY

Post Report, Dec 09 2016

The government was able to spend only 6.5 percent of the Rs311-billion development budget in the first four months of the current fiscal year, reflecting the slow pace of development projects. Capital expenditure as of December 7 amounted to Rs20 billion.
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ADB pledges $20m aid to spur investment in solar

Post Report, Dec 09 2016

The Asian Development Bank (ADB) has pledged a $20 million grant to spur private sector investment in utility-scale solar power in Nepal.
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NIBL bags ‘Bank of the Year’ award

Post Report, Dec 09 2016

Nepal Investment Bank Ltd (NIBL) has been awarded with the prestigious Financial Times “Bank of the Year” international award 2016 for the fifth time.
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National Industrial Trade Fair kicks off in Pokhara

BHIM GHIMIRE, Dec 09 2016

The National Industrial Trade Fair kicked off at Nayabazaar Exhibition Centre in Pokhara on Thursday.
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Govt to depute inspection teams at small customs

Post Report, Dec 08 2016

The Ministry of Supplies has said it will mobilise monitoring teams at a number of small customs points, which are reportedly being used as alternative routes to smuggle diesel to India.
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‘World Bank can help build Kathmandu-Tarai fast track’

Dec 08 2016

Since the end of the armed insurgency in 2006, Nepal has been struggling to achieve higher economic growth rates.
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Sebon tells firms to make transparent funds raised from rights issuance, FPO

Post Report, Dec 08 2016

The Securities Board of Nepal (Sebon) has directed listed companies, except for banks and financial institutions (BFIs) and insurance firms, to make transparent funds collected from the issuance of rights shares and Further Public Offerings (FPOs).
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Pokhara’s hotel boom spreads to valley rim

BIRENDRA KC, Dec 08 2016

With hotels and resorts reaching saturation point at Pokhara’s lakeside, tourism entrepreneurs have been casting their eyes towards the valley rim as possible sites for their next ventures.
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