back to top

Monthly Archives: May, 2012

Nepal Airlines Corporation to get new aircraft

The government is serious about purchasing new aircraft for the ailing national flag carrier, according to caretaker minister for culture, tourism and civil aviation...

India agrees to open all forms of rail cargo to Nepal

India has agreed to open all forms of railway cargo to Nepal in response to its request and is preparing to endorse the related...

Government’s indecision delays 4G launch

The government’s indecision on telecom frequency affairs has delayed the introduction of 4G technology in the country. Ncell and Nepal Telecom have been asking for...

Forex reserves, BoP surplus swell to record high

Nepal’s foreign currency reserves rose 42.2 percent to record Rs 386.96 billion in the first nine months of current fiscal year, spurred by growing...

Rupee hits record low against dollar

Nepali currency has been brought to another historic low as the Indian rupee takes a beating against the US dollar. Today, the exchange rate of...

Realty sector gradually emerging out of trouble

Real estate transactions have picked up, albeit in slow pace, in the recent months, leading to increase in land registration fee collection. According to the...

Unified licensing policy : Telecom service providers express divergent views

Telecom operators have divergent views on the recently-introduced unified licensing policy in the telecom sector, which enables all telecommunication companies to operate cellular, fixed...

Kathmandu-Hetauda tunnel road to be built

Prime Minister Dr. Baburam Bhattarai on Monday said that the country was at a crossroads to start creating its own history by beginning economic...

Kathmandu generates highest jobs‚ WB report shows

Kathmandu valley has created employment faster than any other city in the country due to migration pressure, according to a study. “Some 25 per cent...

UK shows concern on AML Bills’ progress

The United Kingdom (UK) has shown its concern on Nepal’s commitment on fighting against the flow of dirty money. Reminding that the Financial Action Task...

Czech Republic interested to invest in hydropower

Czech Republic has expressed its interest to invest in the Nepalese hydropower, infrastructure, tourism and civil aviation sectors. Speaking at an interaction in the Capital...

Nepal Telecom sets up multi service PoP in Doha

Nepal Telecom (NT) established its Multi Service Point of Presence (PoP) in Doha from today, the company said. Qatar Telecom (Qtel) had signed an agreement...

Diesel provides 531 MW of electricity

Nepal Oil Corporation (NOC) has claimed that the country has been generating around 531 megawatt (MW) of electricity through the use of diesel. The country...