Money

Laptops remain top choice for Nepalis

ABHISHEK CHITRAKAR, Oct 18 2017

Tablets were expected to gradually make laptops obsolete. This was the prediction made by international experts few years ago. And Nepal was expected to witness a similar trend.
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‘I’ll design common investment vehicle to channel funds to Nepal’

Oct 18 2017

Bhaban Bhatta, a Japan based non-resident Nepali (NRN), has been elected as the new president of the International Coordination Council (ICC) of the NRN Association (NRNA), the umbrella body of NRNs. Bhatta secured 1,197 votes in the election held on Monday.
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71pc of Bajura households below poverty line: Survey

Post Report, Oct 18 2017

About 71 percent of the households in Bajura district are living below the poverty line and have low social indicators in areas such as health and education besides lacking market access, the Poor Household Support Coordination Board Secretariat said.
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Multidimensional poverty index in Dec

Post Report, Oct 18 2017

Nepal will soon start using global indicators to measure poverty in a bid to capture severe deprivations that make people poor.
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Nepal to face turbulence as remittance flow ‘drops’

RUPAK D SHARMA, Oct 17 2017

Nepali economy is on the verge of facing a major turbulence, as flow of money sent home by those working abroad is likely to drop in the first quarter of this fiscal year, raising prospects of a further slowdown in consumption and fall in foreign exchange reserves.
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Dried fruit importers diversifying sources

Post Report, Oct 17 2017

Local dried fruit traders have been sourcing their stock from alternative markets by using the internet. According to importers, Vietnam, Australia and China are the latest source countries for dried fruits, tonnes of which are sold during the Tihar festival.
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Draft farm bill envisages starting contract farming

Post Report, Oct 17 2017

The government will further study the draft Agribusiness Promotion Bill that envisages implementing contract farming in Nepal, the Ministry of Agricultural Development said on Monday.
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Marigold sales likely to hit 1.1m garlands

ABHISHEK CHITRAKAR, Oct 17 2017

Marigold sales are likely to swell 37.5 percent this Tihar, as festive demand for the flower has surged in major urban centres, primarily the Kathmandu Valley, traders said.
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ICD, expo centre project expected to move faster

Post Report, Oct 16 2017

Construction of an inland container depot (ICD) and world class exhibition centre at Chobhar is expected to be expedited with the Cabinet officially handing over the land to the Ministry of Commerce on Friday.
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Bad roads prove bonanza for airlines, traffic up 46pc

SANGAM PRASAIN, Oct 16 2017

The country’s highways which seem to be in perpetual disrepair have proved to be a bonanza for domestic airlines which saw a sharp growth in passenger traffic in the first seven months of 2017 as more travellers are choosing to fly rather than make a bone-jarring overland trip.
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Delay in imports: Farmers likely to face fertiliser shortage in winter

SHANKAR ACHARYA, Oct 16 2017

The country is likely to face acute shortage of fertilisers in the coming days due to delay in imports of the key agricultural input. This is expected to hit farmers who plant wheat and legumes during the winter.
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Nepse in Dashain hangover, down 32.63 points

Post Report, Oct 15 2017

Nepal Stock Exchange (Nepse) plunged 32.63 points last week as investors opted to spend their money elsewhere, celebrating Dashain, the main festival of Hindu.
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Turkish Airlines marks four years of operations in Nepal

Post Report, Oct 15 2017

Turkish Airlines on Saturday celebrated 4 years of operations in Nepal. The carrier started offering its services in Nepal on September 2, 2013 with four weekly flights between Istanbul and Kathmandu.
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Striking gold with floriculture in Nepal

PURNA BK, Oct 15 2017

A few years ago when Manjita Bhandari of Pokhara heard about commercial floriculture, she was taken by surprise as she had no idea that flowers could be farmed like vegetable and other crops.
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