Money

Farmers padlock sugar mill in Mahottari

RABINDRA UPRETI, May 23 2018

Sugarcane famers of Mahottari district have intensified their protest against Everest Sugar Mill demanding payment for their crop. The protest was held after the mill failed to release the payment of around Rs1.78 billion to sugarcane farmers, who had supplied the crop this year.
full story »

PATA elects Joshi as Chairman of Destination

Post Report, May 23 2018

Deepak Raj Joshi, Chief Executive Officer of Nepal Tourism Board, has been unanimously elected as the Chairman for the Destination/Government Committee of PATA (Pacific Asia Travel Association)
full story »

7th property expo to kick off on June 15

Post Report, May 23 2018

The 7th edition of NLHDA Property Expo 2018 is scheduled to kick off on June 15 at Bhrikutimandap in Kathmandu.
full story »

Work intensifies for formation of NERC

Post Report, May 23 2018

The Energy Ministry has intensified talks with the Law Ministry to get its legal consent to establish the Nepal Electricity Regulatory Commission (NERC), a powerful body to regulate the country’s energy sector.
full story »

Security locks installed on 1,260 tankers

Post Report, May 23 2018

Nepal Oil Corporation (NOC) has installed security locks on 1,260 tankers used to import gasoline from India in a bid to prevent pilferage during transit.
full story »

Tunnel borer may be used at Dudhkoshi project

Post Report, May 22 2018

Buoyed by the unexpected success of the tunnel boring machine (TBM) at the Bheri Babai Diversion Multipurpose Project, the Nepal Electricity Authority (NEA) has planned to use similar equipment during the execution of the Dudhkoshi Storage Hydroelectric Project which is currently under study.
full story »

10km pipeline laying works completed

SHANKAR ACHARYA, May 22 2018

Workers have finished laying 10 km out of the 69 km Amlekhgunj-Raxaul oil pipeline in the last two months.
full story »

Potential defaulters flocking to poorly managed co-ops

Post Report, May 22 2018

Cooperatives failing to maintain financial discipline have been attracting a large number of potential loan defaulters seeking to benefit from their mismanagement and lax implementation of rules, officials said.
full story »

Ktm to host Global Cyber Security Summit in July

Post Report, May 22 2018

Information Security Response Team Nepal (NPCERT) is all set to host a Global Cyber Security Summit (GCSS) on July 27 with the theme “Building Global Alliance for Cyber Resilience”.
full story »

Emerging Nepal gets LoI to set up infra bank

Post Report, May 21 2018

Nepal Rastra Bank (NRB) on Sunday issued a Letter of Intent (LoI) to Emerging Nepal to establish Infrastructure Development Bank (IDB) which will focus on financing mega infrastructure projects.
full story »

NEA warns of fine if power line project delayed

Post Report, May 21 2018

The Nepal Electricity Authority (NEA) has warned the contractor for the Solu Corridor transmission line project that it is liable to pay a fine if the power line and substation are not completed within the stipulated time.
full story »

Mishra gets lifetime award from PATA

Post Report, May 21 2018

Basant Raj Mishra, executive chairman of Temple Tiger Group of Companies, has been conferred with a Life Membership Award by the Pacific Asia Travel Association (PATA) during the PATA annual summit 2018 held in South Korea last Friday.
full story »

Yamaha Fascino updated with new colour options

Post Report, May 21 2018

MAW Enterprises, the authorised distributor of Yamaha motorcycles and scooters in Nepal has refreshed it’s ‘Fascino’ with stylish new colours.
full story »

Kingfisher beers launched in Nepal

Post Report, May 21 2018

United Breweries Limited, one of the leading beer companies in Asia, in association with Yeti Brewery, has announced the launch of their flagship brands, Kingfisher Premium and Kingfisher Strong in Nepal.
full story »

Nepse index posts loss of 0.65pc

Post Report, May 20 2018

Nepal Stock Exchange (Nepse) index shed 8.8 points to close at 1,339.65 points last week, as investors who failed to update their ‘Know Your Customer’ form at stock firms were barred from carrying out any transactions.
full story »