Stories By 'SANGAM PRASAIN'
Nepal’s agricultural goods import bill crossed Rs200 billion for the first time in the last fiscal year, propelling an already bloated trade deficit to its highest level on record.
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The $28-million runway rehabilitation project at Tribhuvan International Airport (TIA) stirs back to life after lying in limbo for months.
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The government’s decision to attach casino-related laws in the Tourism Act instead of passing a separate Casino Act has disappointed tourism entrepreneurs as the country will lose out on benefits from authorized commercial gaming that is expected to attract massive foreign investment and tourist arrivals.
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The government has moved to clamp down on massive insurance fraud hatched by powerful brokers in trekking and mountaineering agencies in Nepal which involves bogus helicopter rescues and hospital treatment of tourists.
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More than 1.36 million Indian tourists visited Nepal in 2017, according to a latest study of the Tourism Ministry. The overland Indian visitors’ survey 2017 showed that 1.20 million Indian tourists travelled Nepal through the surface route while 160,132 travelled via air route.
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Nepal’s accession to the Montreal Convention 1999 (MC99) has moved a step closer as the Cabinet’s Economic and Infrastructure Committee has approved the draft bill tabled by the Tourism Ministry.
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