Stories By 'Rajesh Khanal'
The value of Nepal’s coffee imports exceeded the value of its coffee exports by 42 percent in the last fiscal year 2017-18. According to the National Tea and Coffee Development Board, the country earned Rs65.89 million by exporting 163 tonnes of roasted coffee beans while it spent Rs93.72 million on importing 84 tonnes of instant coffee.
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Nepal Stock Exchange (Nepse) last week inched up 6.92 points to close at 1,187.76 points, after investors rushed to purchase stocks of selected companies, hoping to score good dividend returns.
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Outflow of funds from Nepal surpassed inflows by Rs85.32 billion in the first five months of the current fiscal year, mainly due to excessive rise in import bill compared to export earnings.
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The government has decided to allow China to carry out exploration of natural gas and petroleum in different parts of the country, 
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Prime Minister KP Sharma Oli on Thursday laid the foundation stone for a dry port at Chobhar in the southwestern part of Kathmandu Valley amid protests from locals who have been objecting to the plan to build the infrastructure in the area.
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Nepal’s foreign aid disbursement grew 16 percent to $1.62 billion in the last fiscal year that ended mid-July, with majority of the funds going towards economic reform, education, urban development, health and local development.
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