Himalayan Airlines Commences Direct Flight to Shanghai
Himalayan Airlines Commences Direct Flight to Shanghai
  0   2 minutes 2 seconds to read

Himalaya Airlines has commenced regular flights to the city of Shanghai, China, starting from December 2. A Himalaya Airlines aircraft, carrying 137 passengers, took off from Tribhuvan International Airport at 9:20 AM, destined for Shanghai. The same aircraft is scheduled to land at Kathmandu's airport at 9:00 PM on the same day, carrying passengers from…

Axiata to Sell Ncell Stakes to Spectrlite UK for US$50 Million
Axiata to Sell Ncell Stakes to Spectrlite UK for US$50 Million
  0   3 minutes 2 seconds to read

December 1: Malaysian telecommunication conglomerate Axiata Group Berhad on Friday announced that it had entered into an unconditional agreement with Spectrlite UK Limited for the sale of its stakes in Ncell, its mobile service unit in…

Standard Chartered Bank contributes USD 100,000 to Support Quake Victims
  0   1 minutes 39 seconds to read

December 1:  Standard Chartered Bank on Friday announced a donation of USD 100,000 (NPR 13.3 million) to the British Red Cross, the bank’s emergency response partner, to support the victims of the recent earthquake in western…

Nepal’s Public Debt Rises to Rs 2357 Billion
Nepal’s Public Debt Rises to Rs 2357 Billion
  0   3 minutes 29 seconds to read

December 1:  The share of Nepal’s public debt is increasing compared to the gross domestic product…

IMF Executive Board Completes Third Review of Extended Credit Facility to Nepal

December 1: The Executive Board of the International Monetary Fund (IMF) completed the third review under the four‑year Extended Credit Facility (ECF) for Nepal on November 29, giving the authorities the Special Drawing Rights (SDR) equivalent to about US$ 52.25 million.…

Upper Arun Hydel Project Doles Out Rs 2.23 Billion for Land Acquisition
Upper Arun Hydel Project Doles Out Rs 2.23 Billion for Land Acquisition
  0   1 minutes 32 seconds to read

December 1: The Upper Arun Hydropower Project has distributed a total of Rs 2.23 billion in compensation for the land acquired to develop the 1,063 megawatt project at Bhotkhola Rural Municipality in Sankhuwasabha…

Govt to Establish Vocational Training Academy   
Govt to Establish Vocational Training Academy   
  0   1 minutes 59 seconds to read

December 1: The government has decided to establish National Vocational Training Academy Development Committee to impart needs-based training to produce skilled and competitive human resources for domestic and international…

EU Extends Ban on Nepali Airline Companies
EU Extends Ban on Nepali Airline Companies
  0   3 minutes 16 seconds to read

December 1: The European Union (EU) has maintained the ban imposed on the Nepali airline companies from flying in the European…

NOC Slashes  Fuel Prices
NOC Slashes  Fuel Prices
  0   52 seconds to read

The Nepal Oil Corporation (NOC) has cut down the fuel prices effective from December…

Nepal Rastra Bank Turns Flexible on Blacklisting Provisions
Nepal Rastra Bank Turns Flexible on Blacklisting Provisions
  0   3 minutes 17 seconds to read

November 30: Nepal Rastra Bank has become flexible towards loan defaulters considering that the number of people blacklisted by banks and financial institutions is rising due to their inability to repay loans on time owing to the economic…

NEPSE Dips Further, Investors Brace for Uncertainty
NEPSE Dips Further, Investors Brace for Uncertainty
  0   1 minutes 25 seconds to read

The Nepal Stock Exchange (NEPSE) continued its descent, losing 18.06 points or 0.96%, concluding at 1858.53 points in the week's final trading session on…

Europe's Biggest Nuclear Reactor goes Offline Again   
Europe's Biggest Nuclear Reactor goes Offline Again   
  0   2 minutes 4 seconds to read

November 30: Finland's Olkiluoto 3, the largest nuclear reactor in Europe, stopped production on Wednesday after a test caused the plant unit to unexpectedly go offline, its operator TVO…