Nepal’s Economic Roadmap: Bridging Policy and Progress In a thought-provoking interaction organized by the Institute for Strategic and Socio-Economic Research (ISSR) and Khabarhub at the Pavilion Hall in Kathmandu, experts and key figures delved into the intricate relationship between monetary and fiscal policies, underscoring their pivotal roles in addressing contemporary economic and social challenges. The […]
With the current fiscal year 2080-81 BS (2023-24) drawing to a close, the Bagmati Province government’s budget expenditure has raised eyebrows due to its lackluster performance. According to the latest reports from the Province Treasury Comptroller Office in Hetauda, the province’s budget expenditure has reached a mere 38.92 percent as of the eleventh hour. Slow […]
Salt Trading Corporation Limited (STC), a prominent Nepali public enterprise, unveiled its impressive third-quarter performance for the fiscal year 2080-81, showcasing robust financial results. During Q3 FY 2080-81, STC witnessed a remarkable surge in net profit, reaching Rs. 5.19 crore, marking a substantial 40% increase from the previous fiscal year’s Rs. 3.71 crore. STC, with […]
Salt Trading Corporation Limited (STC), a prominent Nepali public enterprise, unveiled its impressive third-quarter performance for the fiscal year 2080-81, showcasing robust financial results. During Q3 FY 2080-81, STC witnessed a remarkable surge in net profit, reaching Rs. 5.19 crore, marking a substantial 40% increase from the previous fiscal year’s Rs. 3.71 crore. STC, with […]
In a significant move to bolster Nepal’s eco-tourism sector and empower local communities, the Swiss government has pledged financial assistance of 9.01 million Swiss francs for a trekking-based tourism project in the Koshi Province. The four-year project, slated to commence this year, is expected to directly benefit approximately 100,000 locals across 29 local levels within […]
In a significant stride towards bolstering Nepal’s energy infrastructure and facilitating cross-border energy trade, the Millennium Challenge Account-Nepal (MCA-Nepal) has inked a contract agreement for the construction of the New Butwal Substation. This pivotal project is being funded through a grant from the US Mission Millennium Challenge Corporation (MCC), marking the first construction contract under […]
Rajesh Kaji Shrestha has been appointed as the Chairman of the Advisory Council of the Nepal Chamber of Commerce (NCC), marking a significant milestone in his longstanding association with the chamber. Shrestha, a former president of the chamber, assumes the role of advisory council chairperson, where he will play a pivotal role in guiding the […]
In the latest trading session on Thursday, NEPSE, the Nepali stock market index, saw a modest rise of 5.63 points (0.28 per cent) compared to the previous day, closing at 1966 points. The positive momentum was driven by gains in various sectors, particularly the hotel and tourism group. The market witnessed fluctuations with 115 companies […]
The 5th National Honey Fair kicks off in Kathmandu on Wednesday, advocating the health benefits of consuming honey daily for a long and healthy life. At a press conference held on Tuesday, honey producers highlighted the significance of the fair in promoting awareness about the advantages of honey consumption. Subhash Chandra Ghimire, President of Nepal […]
Damodar Bhandari, the Minister for Industry, Commerce, and Supplies, emphasized the importance of enhancing the industrial sector’s contribution to Nepal’s Gross Domestic Product (GDP) for economic prosperity. Speaking at the inauguration of the Make in Nepal Swadeshi Summitr-2024, organized jointly by the Confederation of Nepalese Industries (CNI) in collaboration with the Ministry of Industry, Commerce, […]