KATHMANDU, Oct 14: The World Bank (WB) has given a green signal to provide concessional loans of Rs 130 billion to construct the Upper Arun Hydroelectric Project.

Annapurna Circuit sees surge in arrival of tourists

Published On: October 14, 2023 08:09 PM NPT By: Republica

LAMJUNG, Oct 14: Arrival of tourists has started to increase in the Annapurna Circuit. This foot trail, which was deserted until some time ago, has now become crowded with the arrival of the tourist season.

NRB policy to increase upper threshold on margin loans could not boost investors’ confidence

KATHMANDU, Oct 14: The Kathmandu Metropolitan City (KMC) has issued a notice calling for the establishment of labor cooperatives to engage in a variety of activities, including developmental and construction projects.

KATHMANDU, Oct 14: In response to recurring accidents involving its helicopters, the Civil Aviation Authority of Nepal (CAAN) has taken the decision to suspend the Air Operator Certificate (AOC) of Manang Air.

Gold price increases by Rs 2,900 per tola

Published On: October 14, 2023 01:47 PM NPT By: Republica

KATHMANDU, Oct 14:  The price of gold has surged by Rs 2,900 per tola in the domestic market today.

NRB set to introduce coins with Rs 5 denominations

Published On: October 14, 2023 12:35 PM NPT By: Republica

KATHMANDU, Oct 14: The Nepal Rastra Bank (NRB) is gearing up to launch coins with the denominations of Rs 5, marking a significant addition to the country's coinage.

KATHMANDU, Oct 14: Finance Minister Dr Prakash Sharan Mahat has expressed commitment to bring reforms in fiscal governance and transparency suitable to Nepali soil.

731 suspension bridges to be constructed in FY 2023/24

Published On: October 13, 2023 08:15 PM NPT By: Republica

KATHMANDU, Oct 13: The government is planning to construct a total of 731 bridges across the country this year (fiscal year 2023/24). The Department of Local Infrastructure (DoLI) reports that some of these include suspension bridges that were under construction since last year. Mahesh Chandra Neupane, the spokesperson of DoLI, mentioned that the completion of old projects and the addition of new ones will be regular occurrences.

KATHMANDU, Oct 13: A collaborative meeting was convened among prominent business organizations, including the Federation of Women Entrepreneurs’ Associations of Nepal (FWEAN), Federation of Nepal Commerce and Small Industries (FNCSI), Nepal-India Chamber of Commerce (NICC), Nepal Chamber of Commerce (NCC), and Confederation of Nepalese Industries (CNI) at the FWEAN Secretariat on Friday.