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Economic Census Results out 900 Thousand Industrial Firms in Country

Nepalayatimes   Kathmandu – The number of industrial firms in the country stands at 922 thousand 445, according to the preliminary results of the First National Economic Census 2018. The Census conducted by the Central Bureau of Statistics (CBS) was launched here today Three million 408 thousand 746 people are working in these industrial enterprises. Among them, 2 million 44 …

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FNCCI seeks central bank’s intervention

Federation of Nepalese Chambers of Commerce and Industry (FNCCI) — the largest private sector umbrella body of the country — has sought Nepal Rastra Bank (NRB)’s intervention to bring down the lending rates stating that the industries and business sector have been adversely affected due to high and unpredictable lending rates since last one-and-a-half years. Bhawani Rana, president of FNCCI, …

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Direct Bus Service Begins from Bhaktapur to Pokhara

Nepalayatimes Direct bus service from Bhaktapur to Pokhara has been operated from today. Mayor of Suryabinayak municipality, Basudev Thapa, inaugurated the bus service and welcomed the passengers including two foreign nationals travelling to Pokhara. On the occasion, Mayor Thapa said that the Municipality is going to develop Suryabinayak area of Bhaktapur as a tourism destination. He further said that the …

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Nepal Airlines Corporation’s Second wide body airbus lands at TIA

Kathmandu – Nepal Airlines Corporation’s Second wide body airbus Airbus A330-200 has landed at the Tribhuvan International Airport (TIA) on Thursday morning. The airbus landed at 9 am. The airbus, which has been given call sign 9N-ALZ, was brought to Kathmandu straight from France following nine hours’ flight. The corporation had brought the first 274-seater wide body airbus to Nepal …

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Investment Board Nepal approved FDI in 170-megawatt solar plant

Nepalayatimes Investment Board Nepal (IBN) has approved a foreign direct investment (FDI) proposal of Dolma Fund Management, a Mauritius-based company, to set up a 170 MW solar plant in Nepal. The decision means the company can now begin works on investment plan and also conduct detailed study for the project estimated to cost US$ 200 million, according to Uttam Bhakta …

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Budget will create 400,000 new jobs for youth: Finance Minister Khatiwada

Kathmandu – Finance Minister Dr. Yuba Raj Khatiwada claimed that the budget is in favor of all-round developments of the country which will help lead the country toward socialism through prosperity. Addressing the concerns raised by the lawmakers in the Federal Parliament today, Finance Minister Khatiwa said that the budget has been distributed and allotted to Federal, Provincial and local …

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Tribhuvan International Airport recommended Kavre’s Nagidanda for airport construction

Nepalayatimes   Kathmandu  – The technical study group (TSG) formed to suggest the government on possible ways to address air traffic congestion at the Tribhuvan International Airport (TIA) has recommended the construction of a domestic airport in Nagidanda of Kavre as an alternative to the domestic section at TIA. Submitting its study report to the government today, TSG suggested the …

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Minister Khanal urges to dismantle syndicate in agriculture sector

Neplayatimes     Kathmandu – Minister for Agriculture, Land Management and Cooperatives Chakrapani Khanal has pledged to dismantle rampant syndicate in agriculture sector in the country.   Speaking at an interaction programmee in Kathmandu on Tuesday, Minister Khanal said, “I will initiate programmes and take necessary measures to benefit farmers. Syndicate in agriculture sector will be broken.” CPN Maoist Centre …

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US and Nepal inaugurate first all girls’ school in Kathmandu

Nepalayatimes Kathmandu – U.S. Ambassador to Nepal, Alaina B. Teplitz; National Reconstruction Authority (NRA) Chief Executive Officer, Yuba Raj Bhusal, and other Nepal government officials too part in a groundbreaking ceremony for the reconstruction of Kanya Mandir Secondary School – the first all-girls’ school in Kathmandu.   During the event, Ambassador Teplitz said, “The US Government continues to prioritize getting …

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