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Tourism sector in trouble as occupancy rate of hotels in Pokhara stands 20 percent despite peak tourist season
Published On: March 27, 2023 10:00 AM NPT By: Santosh Pokharel
POKHARA, March 27: This time of the year is the main season for tourists from third countries. The occupancy ratio of hotels in Pokhara should be at least 80 percent. But as the hotel occupancy rate is only 20 percent, leaving tourism entrepreneurs here highly worried about the fate of their business.
CAAN urges Indian authority to take action against crew members of Air India guilty for Friday’s ‘dreadful incident’
Published On: March 27, 2023 08:00 AM NPT By: Republica
KATHMANDU, March 27: The Civil Aviation Authority of Nepal (CAAN) has termed Friday’s near-disaster incident of Air India aircraft an ‘extreme negligence’ and wrote to the Indian authority concerned to take action against crew members for violation of rules.
44 MW Super Madi Hydroelectric Project starts test production
Published On: March 26, 2023 09:00 PM NPT By: Republica
KATHMANDU, March 26: The 44 MW Super Madi Hydroelectric Project has started supplying its 15 MW of electricity to the national grid since Saturday.
MCC project moves ahead; invites bids for construction of three substations
Published On: March 26, 2023 08:00 PM NPT By: Republica
KATHMANDU, March 26: The US-funded Millennium Challenge Corporation (MCC) Compact project has gained momentum. International tenders have been invited for the construction of three large substations to be built under the project.
NEA to speed up the construction of Khimti-Bahrabise transmission line
Published On: March 26, 2023 07:30 PM NPT By: Republica
KATHMANDU, March 26: The Nepal Electricity Authority (NEA) has expressed interest in speeding up the construction of the new Khimti-Bahrabise transmission line under the Tamakosi-Kathmandu 220-400 KV transmission line project.
Nepse landslides 26.85 points, falls below 1,900 points in the past three months
Published On: March 26, 2023 06:36 PM NPT By: Republica
KATHMANDU, March 26: Nepal Stock Exchange (Nepse) on Sunday took a nosedive by 26.85 points to fall below 1,900 points.
World Bank to provide Rs 16 billion in grants to Nepal
Published On: March 26, 2023 04:00 PM NPT By: Republica
KATHMANDU, March 26: The World Bank is going to provide USD 120 million (about 16 billion NEPALI rupees) to Nepal.
Aircrafts of NAC and Air India almost collided in sky on March 24, CAAN suspends two air traffic controllers
Published On: March 26, 2023 02:10 PM NPT By: Republica
KATHMANDU, March 26: The Civil Aviation Authority of Nepal (CAAN) has taken action against two employees of the air traffic controller department for “carelessness that could have led to a collision between a Nepal Airlines Corporation plane and an Air India aircraft in the sky on March 24.”
Gold price decreases by Rs 600 per tola
Published On: March 26, 2023 11:18 AM NPT By: Republica
KATHMANDU, March 26: The price of gold has decreased by Rs 600 per tola in the domestic market today.
Nepal receives foreign aid commitment of Rs 138 billion in the first eight months of current FY
Published On: March 26, 2023 10:30 AM NPT By: Republica
KATHMANDU, March 26: The Government of Nepal has received foreign aid commitment amounting to over Rs 138.5 billion as of mid-March in the current fiscal year 2022/23.
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