Ministry preparing to begin flights to Australia, Cambodia

Ministry preparing to begin flights to Australia, Cambodia
Kathmandu: The Ministry of Culture, Tourism and Civil Aviation is doing homework to begin air services with Australia and Cambodia. Joint Secretary at the Ministry, Buddhi Sagar Lamichhane, said that talks were going on with the representatives of both the countries to sign agreements for direct flights there. So far, Nepal has signed air service ...

World Bank to provide Rs 19 billion in loan assistance

World Bank to provide Rs 19 billion in loan assistance
Kathmandu: The World Bank (WB) has agreed to provide Nepal government with Rs 19 billion loan assistance for increasing the quality of education. An agreement to this effect was signed by and exchanged between Secretary of Finance Ministry Shanta Raj Subedi and World Bank Nepal Country Manager Takuya Kamata amid a function at the ministry today. T...

Budget vows to utilise remittance

Budget vows to utilise remittance
Kathmandu: Foreign employment aspirants should compulsorily have a bank account before leaving for abroad. The government introduced this provision in the budget for the upcoming fiscal year 2017-18. Presenting the budget, Finance Minister Krishna Bahadur Mahara said migrant workers would use the same bank account they opened before going for fore...

Target of 7.2 per cent economic growth rate

Target of 7.2 per cent economic growth rate
Kathmandu: The government has set the target of 7.2 per cent of economic growth rate in the upcoming fiscal year. Releasing the annual budget for the fiscal year 2017/018, Deputy Prime Minister and Minister for Finance Krishna Bahadur Mahara said the country shall witness rapid economic development following massive progress in economic mobilizati...

New budget to be historic, Governor Dr Nepal says

New budget to be historic, Governor Dr Nepal says
Kathmandu, May 8: The Governor of Nepal Rastra Bank (NRB) Dr Chiranjivi Nepal has claimed that the budget for the fiscal year 2074/075 BS would be historic. At a pre-budget discussion programme organized here by the central bank Monday, the Governor said that the new budget would be brought in a new paradigm with the implementation of the federalis...

First banking expo from April 28

First banking expo from April 28
Kathmandu, April 25: A banking expo is being organised at local Bhrikutimandap from April 28 in collaboration with the Nepal Rastra Bank (NRB), Bankers Association, Development Bankers Association and Micro Finance Development Bankers Association. According to NRB deputy director Bibhu Prasad Aryal, this type of expo going to be organised for the ...

‘India positive on demonetized IC exchange’

‘India positive on demonetized IC exchange’
Kathmandu, March 3: Indian Finance Minister Arun Jaitley has said that Nepal would get exchange facility for demonetized Indian currency with the denominations of 500 and 1,000. Talking to journalists on Friday, the Indian Finance Minister, who arrived in Nepal for his deliberation on 'Nepal Investment Summit', said the central banks of both Nepal ...

QATAR AIRWAYS AS IT LAUNCHES THE WORLD’S LONGEST FLIGHT ON NEW AUCKLAND SERVICE

QATAR AIRWAYS AS IT LAUNCHES THE WORLD’S LONGEST FLIGHT ON NEW AUCKLAND SERVICE
5, Feb DOHA, Qatar – It was a historic moment for Qatar Airways today, as it launched its new record-breaking Auckland service on one of the country’s most significant days of the year – Waitangi Day. As the first Qatar Airways flight touched down on the North Island of New Zealand, just after sunrise – a new chapter in the airline’s history bega...

Nepse records increase by 76 points

Nepse records increase by 76 points
Kathmandu, Feb 4: The Nepal Stock Exchange (Nepse) that had been experiencing a decline since the past few weeks increased by 76 points this week. Compared to the first day of the week, Nepse ended with an increase by 72.75 points to reach 1,382.45 points in the Nepse index at the end of the week. A total of 20,660 transactions relating to 156 com...

Upper Trishuli Three ‘A’ completion tenure extended

Upper Trishuli Three ‘A’ completion tenure extended
Kathmandu, Jan 31: The deadline to complete the Upper Trishuli Three ' A' project has been extended by the next 34 months. The implementation of the 12.42 billion project got affected due to the Gorkha Earthquake and India's unofficial border blockade. A meeting of Nepal Electricity Authority (NEA) Board of Directors held last Wednesday, deciding ...