BARAHATHAWA, May 11: The Sarlahi section of the East-West Electric Railway project has witnessed 90 percent progress in its construction.

GANDAKI, May 11: Due to the sheer negligence of the contractor and of oversight bodies, a 2.2 km stretch of road along the mid-hill highway in Kaski district is yet to be blacktopped for nearly two years.

KATHMANDU, May 11: Nepal Stock Exchange (NEPSE) lost 33.73 points last week with the delay in the government appointing the chairperson of the Securities Board of Nepal and Nepal Rastra Bank delaying for the third quarterly review of the monetary policy 2023/24.

Ten Sherpa members scale Mt Everest

Published On: May 11, 2024 01:10 PM NPT By: Republica

SOLUKHUMBU, May 11: Ten Sherpa members working on rope fixing for the expedition teams ascended the world's tallest peak Mt Everest.

KATHMANDU, May 11: The Sinohydro-Sagarmatha Power Company, the developer of the Upper Marsyangdi-A Hydropower Project, has expressed its serious concerns to the demands put forth by Jalgini-Arkhalebesi Road Upgradation Struggle Committee in the project site in Lamjung district.

Govt decides to accept Rs 1.2 billion in grants from WWF

Published On: May 11, 2024 10:00 AM NPT By: Republica

KATHMANDU, May 11: The government has decided to accept around Rs 1.2 billion in grants through the World Wildlife Fund (WWF) to be received from the Global Environment Facility (GEF).

KATHMANDU, May 11: With 46 percent female representation in its entry-level workforce, the banking industry in Nepal is ahead of other countries in South Asia in achieving gender parity. However, only 23 percent of senior management roles are held by women, according to a new International Finance Corporation (IFC) report that examines gender diversity at six leading banks in Nepal.

KATHMANDU, May 10: Hyundai, a Korean company, has initiated vehicle production in Nepal with the opening of a new assembly plant in Nawalparasi, operated by Laxmi Group, the official dealer for Hyundai in the country.

EU to help Nepal bring investment

Published On: May 10, 2024 08:13 PM NPT By: Republica

KATHMANDU, May 10: The European Union (EU) said it would help Nepal bring in investment.

NTC pays Rs 20 billion to renew license

Published On: May 10, 2024 05:25 PM NPT By: Republica

KATHMANDU, May 10: Nepal Telecom (NTC) has paid Rs 20 billion to the Nepal Telecommunication Authority (NTA) to renew its operating license. This payment covers the renewal fee and was made before the expiration of NTC’s current license.