The unbundling of Nepal Electricity Authority (NEA) has moved a step ahead with the Ministry of Finance (MoF) agreeing in principle to form a separate entity—National Grid Company… Read More...
The agriculture sector is receiving donor money once again. The next fiscal year will see three donor-funded projects worth a total of US$ 91.5 million designed to improve household… Read More...
The World Bank has shown interest to invest in hydropower and transmission line development.During a meeting with the finance minister Barsha Man Pun here today at his office,… Read More...
Prime Minister Baburam Bhattarai has listed more than a dozen infrastructure projects as “national pride” in the Immediate Action Plan (IAP) unveiled last Thursday and set ambitious… Read More...
Nepal Rastra Bank (NRB) has fixed the exchange rate for the US dollar at Rs 78.76 for Friday marking a three-month high for the Nepali rupee. The rupee had dropped to a historic low… Read More...
Travel trade entrepreneurs and tourism stakeholders have urged the government to step up efforts to lure Chinese tourists as their numbers have been projected to grow much more than… Read More...
Problems in the country’s only international airport— Tribhuwan International Airport (TIA)— have overshadowed facilities available.A report, commissioned by the Ministry of Tourism… Read More...
Nepal is mulling signing air service agreements (ASAs) with the US and Australia after the two countries evinced interest to establish air links with Nepal. The government is also… Read More...
The Government of Switzerland, the Government of United Kingdom and the Government of Finland have agreed to provide US$ 62 million, equivalent to Rs. 4.45 billion, grant assistance… Read More...
Minister for Tourism and Civil Aviation Lokendra Bista Magar on Sunday said that the construction works of the Second International Airport at Nijgadh of Bara district would start… Read More...