The government is preparing the budget totaling around Rs 159.325 billion for the forthcoming fiscal year 2064/65 (2007/08).

As per the ongoing budget preparations, of the total budget, Rs 90.08 b...(more detail)

Unidentified assailants killed a local entrepreneur and seriously injured another in Dhobighat area of Lalitpur on Sunday evening in what appears to be extortion related crime suspected to be carried ...(more detail)

Bolstered by strong performance of commercial banks this week, the Nepal Stock Exchange (NEPSE) index went up by 3.29 points over the week to finish off at 518.28 points from the earlier 514.99 points...(more detail)

Prime Minister Girija Prasad Koirala Saturday discussed the current petroleum shortage in the nation with Indian Ambassador to Nepal Shiv Shankar Mukherjee.
According to sources, the PM urged India t...(more detail)

Kathmandu Valley has witnessed a spate of kidnappings in recent months, leaving ordinary people and specifically members of the business community in a panic.
According to Pawan Mittal, president of...(more detail)

The contribution of remittance towards the Gross National Product (GNP) has increased by more than five percent of the GNP in the last five years, from 11.5 percent in 2000-01 fiscal year to 16.8 perc...(more detail)

Nepal's foreign trade is in trouble. A report released by Nepal Rastra Bank shows that both import and export have registered negative growth during the first eight months of the fiscal year.
Accord...(more detail)

Supply ministry seeks govt support

Curtail in supply of oil by the India supplier badly hit the availability of fuel, particularly petrol, in the local market Thursday.
The impact was severe in th...(more detail)

President of Ethnic Janajati Association Nepal Pasang Sherpa speaking in a press conference today said the main agenda of the indigenous people is to pressurize the government to go for the Constituen...(more detail)

Chinese ambassador to Nepal Zhen Xianglin has said that his government is positive towards supplying petroleum products.
Chinese envoy to Nepal Zhen Xianglin (File Photo)
In his interaction with...(more detail)

The Indian Oil Corporation (IOC), Nepal's sole oil supplier, has curtailed the supply of petroleum products by 40 percent to Nepal, sparking a fresh round of fuel shortage in the capital.
The IOC's ...(more detail)

The delay in the enactment of labour bill is likely to result in the loss of quota for Nepali workers by South Korea.
The Foreign Employment Bill is under consideration of the parliament since last s...(more detail)

Experts from Bangladesh, India, Nepal and Pakistan, representing government and non-governmental organizations are meeting in Kathmandu from 9-11 May, to discuss how women, children, the elderly and d...(more detail)

he Asian Development Bank (ADB) has warned of pulling out of multi-million-dollar Melamchi drinking water project after Minister for Works and Physical Planning Hishila Yami wrote a letter to the Kath...(more detail)

A senior minister has informed that the government is preparing to introduce new petroleum act to involve private sector in its supplies.

Rajendra Mahato, Minister for Industry, Commerce and Sup...(more detail)

The Nepal Stock Exchange (Nepse) index has gained 5.3 points in this past week.
The country's only secondary share market Nepse witnessed its index rise from 509.62 points to 514.65 points, as per th...(more detail)

The Young Communist League (YCL), a newly created Maoist body, on Sunday seized "illegally imported" mobile phones and electronic goods worth more than Rs 30 million in Kathmandu.
The goods include: ...(more detail)

FNCCI President Chandi Raj Dhakal, who had been absconding since Monday to avoid possible detention on tax evasion charges, deposited Rs 8.6 million in cash and three plots of land worth Rs 16.9 mill...(more detail)

Leaders of eight political parties have said that the price of the petroleum products should not be increased before demonstrating reforms in the management of Nepal Oil Corporation (NOC) to the peopl...(more detail)

The India government, Nepal government and Nepal Netra Jyoti Sangh have signed a tripartite Memorandum of Understanding (MoU) on April 27 for the establishment of a 100-bed Nepal Bharat Maitri Bakht...(more detail)

Ace Finance Company Limited, a leading Kathmandu-based finance company, is going to be upgraded into a Development Bank.

A press release issued by the Ace Finance Company said the Nepal Rastra Bank...(more detail)

Revenue Investigation Department (RID) has issued an arrest warrant against Chandi Raj Dhakal, president of FNCCI, the apex body of business chambers, after he defied a number of summons issued by RID...(more detail)

The interim parliament's Natural Resource and Means Committee Monday directed the the Ministry of Water Resources (MoWR) and Nepal Electricity Authority (NEA) not to take any decision on hydropower pr...(more detail)

Despite continuous bandhs in eastern Terai and sporadic unrest across the country, the growth in revenue collection has been impressive till mid April this fiscal year.

According to revenue collec...(more detail)

Upon recommendation by Department of Electricity Development, the Ministry of Water Resources (MoWR) has issued survey licenses for five projects totaling 885 megawatts (MW) in the last couple of week...(more detail)

The stock market extended its gain, led by rising share prices of commercial banks.
The Nepal Stock Exchange (NEPSE) rose by 3.90 points over the week to end at 506.62 points, up from 502.72 points,...(more detail)

Surya Nepal Pvt Ltd, an India-Nepal-UK joint venture and subsidiary of ITC Ltd, on Saturday launched a new apparel brand, Springwood in the capital.
The brand was launched in the Valley after an ext...(more detail)

The South Korean government has agreed to extend a grant of US$ 2.5 million to National Information Technology Center (NITC) to establish an integrated data and training center in the country.
Once t...(more detail)

The online news site run by the Nepalis in Japan, nepaljapan.com, has been hacked since Saturday because of which the owners said it would remain shut for a few days.

According to Anunaya Dahal, th...(more detail)

Gold price nosedived this week in the domestic bullion market, giving plenty of relief to those tying their nuptial knots this season.
The price of gold fell by Rs 755 per ten grams, one of the high...(more detail)

The manufacturing production index (MPI), a major indicator of the country's industrial output, recorded a meager growth of 2.1 percent in the first half of the current fiscal year as compared to the ...(more detail)

A prominent industrialist Mohan Gopal Khetan passed away on Thursday night at a hospital in Kathmandu.

Khetan died of heart attack at Norvic Hospital at midnight on Thursday. He was 61 years old. H...(more detail)

With the aim of promoting Nepali tourism products and establishing Nepal brand in Bangladesh, Nepal Tourism Board in association with the Embassy of Nepal, Dhaka is taking part in the Dhaka Tourism Ma...(more detail)

Experts and entrepreneurs have pointed at the need to increase efficiency of domestic industries to gain from international trading regimes such as WTO, BIMSTEC, SAFTA and so on.

In a paper presen...(more detail)

Deputy Governor of Nepal Rastra Bank (NRB), Krishna Bahadur Manandhar has said that NRB will introduce a new act incorporating enough provisions to facilitate mergers and acquisitions (M&A) of financi...(more detail)

The government of Japan has approved the utilisation of Rs 537 million under the Counterpart Fund of Non-Project Grant Aid (NPGA) for implementing various projects in the current Fiscal Year.

The p...(more detail)

Home-grown auto major Tata Motors on Monday said it has launched its popular mini-truck Tata Ace in Nepal.

The company has fine-tuned its 700 cc diesel engine powered mini-truck to suit the hilly ...(more detail)

Visiting Nepal has become a difficult task for tourists lately as most of the airlines flying to Nepal are packed. Tourism entrepreneurs said the paucity of air seats has hindered the recovery of the ...(more detail)

A cabinet meeting Wednesday approved a proposal made by the Asian Development Bank (ADB), which ws forwarded by the Ministry of Finance, for the government's equity participation of US $ 45 million in...(more detail)

With a fresh grant commitment of US$ 100 million from the World Bank, Poverty Alleviation Fund (PAF) is mulling the extension of its poverty reduction program in 55 districts from the existing 25 di...(more detail)

Nepal Airlines Corporation (NAC) cancelled all but one of its international flights on Tuesday, leaving hundreds of passengers stranded, after both of its Boeing-757 aircraft were grounded due to tech...(more detail)

A person was killed and seven more injured Wednesday morning in a truck accident at Okhaldhunga's Siddhicharan Highway.
According to the police, the condition of three of the injured is critical.

...(more detail)

The government is all set to drastically reduce license fees on VSAT users and Internet service providers (ISPs) keen on operating service in the rural sectors.
A reliable source said that the gove...(more detail)

Woes for the Nepali carpet industry continues, as the export of hand-knotted woolen carpet went down by 3.05 percent during the first nine months of current fiscal year, compared to the same period ...(more detail)

India sealed off part of its border with Nepal on Monday as it tightened security for assembly polls in Uttar Pradesh, the country's most populous state, according to a news report said.
AFP news ag...(more detail)

All long distance transport services along the East-West Mahendra Highway was brought to a halt on Monday due to the indefinite Chure-Bhanwar region strike announced by the Chure-Bhawar Ekata Samaj (C...(more detail)

Around 700 Maoist combatants were forced to take shelter in nearby houses since Sunday night after a storm blew away around 100 make shift camps at the 4th division cantonment at Hattikhor, Nawalparas...(more detail)

KATHMANDU, April 21 - Entrepreneurs in Bardiya and Sunsari Saturday defied the ongoing three-day Madhesi People’s Rights Forum (MPRF) strike.
According to our local correspondent Shanker Kharel, pla...(more detail)

KATHMANDU, April 21 - Petroleum tanker drivers called of their strike Friday after the Nepal Oil Corporation (NOC) agreed to fulfill their demands.
"The drivers agreed to resume supplies from Saturd...(more detail)

KATHMANDU, April 22 - The stock market ended higher this week, helped by rising share prices of commercial banks. Nepal Stock Exchange (NEPSE) gained 5.56 points in its index over the week to end at ...(more detail)

KATHMANDU, April 21 - The Indo-Nepal border has been closed down for three days from Saturday ahead of the parliamentary elections to be held on Monday in the Indian state of Uttar Pradesh (UP).
The...(more detail)

KATHMANDU, April 21 - Making of a new, inclusive Nepal is not like making a castle in the cloud; for this a grand plan and its undertaking is necessary while the initial step must involve participatio...(more detail)

KATHMANDU, April 20 - A fresh round of petroleum shortage hit Kathmandu Valley Thursday, as drivers of petroleum tankers launched a strike, seeking fulfillment of their demands such as the rise in shr...(more detail)

KATHMANDU, April 20 - At about 8:30 pm on March 16 an unidentified group of criminals barged into Bishweshwor Prasad Kharel's residence in Mid-Baneshwor, brandishing Khukuris and other weapons.
Th...(more detail)

KATHMANDU, April 19 - Police on Wednesday arrested two from Daunne stretch of the Mahendra Highway on the charge of smuggling five tons of red sandalwood.
According to Armed Police Force head offic...(more detail)

KATHMANDU, April 20 - After facing years of chronic water scarcity and an equally chronic apathy from Nepal Water Supply Corporation (NWSC), locals of Koyelacchi, Bhindhyalacchi and Chyasal areas in L...(more detail)

KATHMANDU, April 19 - As the deadline for the party registration for the Constituent Assembly (CA) elections approaches, a new party has registered itself at the Election Commission.
Nepal National D...(more detail)

KATHMANDU, April 19 - The Nepali economy is estimated to grow by around four percent in 2007 on the back of materialization of peace, said a United Nations report.
The report on 'Economic and Social ...(more detail)

KATHMANDU, March 18 - The U.S. Department of State’s Office to Monitor and Combat Trafficking in Persons is awarding a total of $672,610 in assistance to three organizations in Nepal working to combat...(more detail)

MALAYSIA, April 18 - Some 45 Nepali workers have been stranded due to the closure of the PIO SDN BHD Company of Banting Pungti Pukaukeri in Malaysia.
They have now been staying in the hostel as the ...(more detail)

BIRATNAGAR, April 19 - In order to curb criminal activity and to maintain security, security units of Armed Police Force
(APF) are to be deployed along the Nepal-India border areas of five eastern d...(more detail)

The US embassy in Kathmandu has agreed to re-evaluate the case of the Diversity Visa (DV)-denied protesters who went on a fast-unto-death demanding that the US embassy reimburse the loss incurred duri...(more detail)

The Maoist wing Young Communist League (YCL) on Sunday expressed concern regarding yesterday's government sanctioned raid-sans-warrant at the organisation's various offices in the valley.
The YCL has...(more detail)

Restriction by the Chinese authorities from scaling Mt. Everest from the Tibet side has forced the mayor of Prague in the Czech Republic to try his luck from the Nepalese side.
According to a news r...(more detail)

Finance Minister Ram Sharan Mahat on Monday assured the business community of making necessary arrangements for strong industrial security in the nation.
Acknowledging the lack of security for Nepal'...(more detail)

Per cylinder loss to the state-owned Nepal Oil Corporation (NOC) has increased by Rs 15.38 after it decided to reduce import prices for gas companies as part of deal reached with the agitating gas sup...(more detail)

merican ambassador to Nepal James F. Moriarty (File Photo)
American ambassador to Nepal James F. Moriarty has said the embassy is ready to review the visa applications of the Diversity Visa 'victims...(more detail)

The central committee meeting of the Maoists has demanded that the parliament declare a republican set up before setting a new date for the elections of the constituent assembly.

The central commit...(more detail)

Handicraft exports fell by 5.4 percent in the first eight months of the current fiscal year, triggered by a sharp decline in exports of pashmina products, metal craft and handmade paper products.
Fed...(more detail)

The index of Nepal Stock Exchange (Nepse) posted 6.37 points growth over the week reaching its index to 494.59 points on Thursday from 488.22 points on the first day of the trading.

The weekly tur...(more detail)

At least 15 persons including six policemen were injured during a clash between locals and police at Ranjha along the Nepalgunj-Kohalpur section of the road in Banke district.

The clash ensued wh...(more detail)

Under the chairmanship of Sunil Khetan, 30th Annual General Meeting (AGM) of Nepal Automobile Dealer's Association (NADA) has elected a 22- member executive committee.

Yagya Ratna Kansakar, Sourya...(more detail)

International Money Express (IME) Private Limited has received permission to start foreign currency transactions. The Nepal Rastra Bank's (NRB) Green signal will now allow IME to sell foreign currency...(more detail)

United Insurance Company Nepal (UICN) is a first general insurance company of Nepal that received ISO 9001/2000 certificate from Moody International, a UK based company.
...(more detail)

The 42nd Annual General Meeting (AGM) of Nepal Association of Tour and Travel agents (NATTA) took place in capital on Sunday.

At the meeting Dhurba Narayan Shrestha, president of NATTA said govt. ...(more detail)

Machhapuchhre Bank Ltd. launched ATM service in Mahendra pool Pokhara branch. The bank has already installed three ATM's in other branches. It was stated in the statement of the bank that they are goi...(more detail)

To promote Nepalese products in the market Nepalese Young Entrepreneurs Forum (NYEF) in coordination with SN Events is organising 5 days long exhibition "Made in Nepal" at Bhrikuti Mandap exhibition ...(more detail)

Sixth Annual General Meeting (AGM) of Nepal Association of Tour Operators (NATO) held in the capital on 19th August 06, elected a new working committee.

Basant Raj Mishra has been elected as pres...(more detail)

In order to work as a co-agent for inward remittance transfer, Western Development Bank Ltd. (WRDB) has signed an agreement with Western Union Money Transfer (WUMT). The bank plans to start inward rem...(more detail)

Hotel Association Nepal (HAN) has asked the government for an immediate relief package to rescue the hotel industry, which has suffered a lot during the 10 year long conflict.

A delegation led by...(more detail)

Himalayan Bank Ltd (HBL) has launched two new banking schemes – Millionaire Deposit Scheme (MDS) and Small Business Enterprise Loan (SBF Loan).

According to Kishore Maharjan, deputy general manage...(more detail)

Abhijay Singh Jain Tops the CTA exams of U.K.
The Institute Medal for the candidate with the best overall performance across all four papers of Chartered Tax Advisor Exams, 2005 has been awarded to A...(more detail)

Abhijay Singh Jain Tops the CTA exams of U.K.
The Institute Medal for the candidate with the best overall performance across all four papers of Chartered Tax Advisor Exams, 2005 has been awarded to A...(more detail)

Vonics Digital is a next generation digital communications company that allows consumers and businesses to make and receive phone calls anywhere in the world using a high-speed Internet (ISDN/DSL/Cabl...(more detail)

Four days long "cottage and small industries festival" is going to take place in Kathmadnu from December 9 to 12 organizing by Federation of Nepal Cottage and Small Industries (FNCSI). The co-organise...(more detail)

Everest Bank Limited (EBL), a joint venture with Punjab National Bank of India, held its 11th annual general meeting (AGM) in Biratnagar. The AGM approved the declaration of 20% bonus shares, states a...(more detail)

Nepali entrepreneurs is going to take part at Marseilles France - expo from December 1 to 3. The event is organized by Trade Information Promotion System (TIPS) and IT professionals Forum, Nepal and A...(more detail)

Surya Nepal Pvt. Ltd. the first Indo-Nepal- British joint venture in the country has changed its logo and adopted new logo that has the Sun rising from behind the mountain.

Rising sun in the logo ...(more detail)

The first private cement factory Butwal Cement Mills Private Limited has obtained ISO 9001:2000 certificate.

The press release issued by the company says, the certificate of international standar...(more detail)

Nabil Bank has opened new branch at Maharajgunj, which is the 17th branch of Bank and 6th branch at Kathmandu.

The new branch at Maharajgunj was inaugurated by Satyendra Pyara Shrestha, chairman o...(more detail)

Machhapuchhre Bank Ltd. (MBL) a commercial bank of the country established in October 2000, entered 6th year of its operation on Monday.

The bank has expanded its service in nine different locatio...(more detail)

Ten days long Kathmandu Utsav 2005 organised by Everest Events and Exhibition Pvt. Ltd. (EEEPL) at Bhrikuti Mandap premises is started from Sep. 29.

President of Federation of Nepalese Chambers of ...(more detail)

Worldlink communication Pvt. Ltd. (W-link) a leading private internet service providers has entered into tenth year of operation stated in the press release issued. W- link awarded with ISO 9001: 200...(more detail)

Chandi Raj Dhakal, president of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) inaugurated the two days long Nepal Pharma and Healthcare Expo 2005 on 24th September at BICC, organize...(more detail)

Pidilite Industries Ltd, a leading adhesive and sealant producer in India has launched M-Seal, an epoxy compound adhesive in the Nepali market, which is useful to seal leakage and fill cracks. The slo...(more detail)

Indian Airlines (IA) has introduced class based fares for travel between Nepal and India and vice versa implementing from July 25. Press released issued here states that class based fares is available...(more detail)

Nepal Rastra Bank organised an interaction program on Tuesday to discuss its monetary policy. Leading bankers, traders and experts said that the upcoming central bank's Monetary Policy should incorpor...(more detail)

Hetauda,about 100 km from kathmandu, based Colgate Palmolive (Nepal), which had been manufacturing toothpaste and tooth powder for last seven years is shutting down its plant from the first week of Ju...(more detail)

Leading private enterpreneurs from more than 12 developing countries get togethered in Karnataka, India and formed an alliance to strengthen the role of private sector in expanding rural energy access...(more detail)

Machhapuchhre Bank is inaugurating fourth branch in Pokhara today, which will be eight branch in the country. Press release issued reveals that the bank is planning to add more branch offices in Kath...(more detail)

Direct bus service from Kathmandu to Lhasa started from May 1.

Labour and Transport Minister, Ram Narayan Chaudhary and Chinese Envoy to Nepal, Sun Heping, jointly inaugurated the direct bus serv...(more detail)

The meeting of South Asian Insurance Regulatory Forum (SAIRF) concluded in Kathmandu on 23rd April. This is third level meeting chaired by Madhav Prasad Upadhayay, chairman of the Insurance Authority ...(more detail)

The latest figure indicates soar in export of jute products to India scaled up to two billion rupees during the first nine months of the current fiscal year, while the total export of jute products wa...(more detail)

Boao Forum for Asia Annual Conference is taking place in the Chinese province of Hainan for two days from April 24. In order to participate this conference Vice-chairman of the Council of Ministers, ...(more detail)

In order to celebrate the 50th anniversary of the establishment of diplomatic relations between Nepal and China, four days China Trade Fair is taking place at BICC starting from April 15, which is org...(more detail)

Floriculture trade expo 2061 is going to kick off from March 17 to 21 at Bhrikuti mandap Kathmandu, organized by Floriculture Association Nepal (FAN). The main aim of this expo is to promote floricult...(more detail)

The Nepal Telecom (NT) has started re-registration of post-paid mobile phones for users of kathmadu valley from March 15 to 18.

NT has set up 11 counters for the re-registration at the office of Ne...(more detail)

In order to bring peace and stability in the country the govt. has issued directives to publication houses asking them to acquire information from the security sources prior publishing or broadcasting...(more detail)

On the 25th session of the Council of Ministers of SAARC held on July 2004 in Islamabad, Chenkyab Dorji from Bhutan was appointed to the post of Secretary General of South Asian Association for Region...(more detail)

Chitwan Festival is being organized in Narayangarh, Chitwan from January 9 to 16 for eight days. The fair will be jointly organized by Narayangarh Chamber of Commerce and Industry (NCCI), Chitwan Dist...(more detail)

Vault Advertising and Event Management (VAEM) Pvt. Ltd was formally inaugurated on 5th January. The press release issued reveals that the company specializes on providing advertising services on both ...(more detail)

"www.can.org.np" is the new website launched by Computer Association of Nepal (CAN). This website contains information regarding IT policy, Electronic Transaction Ordinance and Telecommunication polic...(more detail)

The 6th Street Festival is going to held from Dec 28 to January 1 for five days in Pokhara organizing by Restaurant and Bar Association Nepal (REBAN). The main objective of this festival is to wel com...(more detail)

In order to encourage farmers to go for commercial production the government has approved the new agricultural policy on the cabinet meeting held on capital. The major objective of this new policy is ...(more detail)

Established in 2051 Everest Insurance Company Ltd. has completed 10 yrs of its services. Besides general insurance services it has been providing 25 types of various insurance services to its customer...(more detail)

During the seventh annual general meeting of the Nepal-Russia Chamber of Commerce and Industry (NRCCI) held in the capital publicized to hold a trade fair in Moscow in 2005. The main aim of this fair ...(more detail)

Five days long Agro Expo-2004 is going to organized by Federation of Nepalese Chamber of Commerce and Industry (FNCCI) at Birendra International Convention Centre from November 25 to 29.

The main ...(more detail)

An agreement has been made in between Nepal Stock Exchange Ltd (Nepse) and Lumbini Bank Ltd to enlist the bank in the Nepse for its shares transactions. Mukunda Dhungel, general manager on behalf of N...(more detail)

Lekhnath Festival 2004 is starting from November 26 to December 2 for seven days. The main aim of this festival is to promote tourism in Pokhara valley and Leknath Municipality as a garden city.

...(more detail)

According to the statement Air China, which suspended flight to Nepal from October 30 this year, will resume its operation from March 29 next year. Sun Heping, Chinese ambassador to Nepal said in a st...(more detail)

A press released issued by the Asian Development Bank (ADB) states that with a main view to help Nepal economy by improving transport facilities and to make trade management more efficient and effecti...(more detail)

In order to start Nepal Tibet direct bus service from first week of May next year an agreement has been signed between Chinese and Nepali transport authorities in Lhasa.

According to the Dhruva Kum...(more detail)

A press release issued revels that Phuket Air (PA), a private Thai airlines, is going to operate three flights a week on Bangkok-Kathmandu-Dubai route from the first week of December. Which would be f...(more detail)

The second Asian Applied Computing Conference (AACC) 2004 is going to held at Soaltee Hotel, Kathmandu from October 29 for three days.

The organizers of this programme are Nepal Engineering College...(more detail)

At the end of the 15th meeting of the FNCCI/CII Joint Economic Council (JEC) in New Delhi, Apex business bodies of Nepal and India, federation of Nepalese Chambers of Commerce and Industry (FNCCI) and...(more detail)

A press release issued by the Indian Airlines states that its frequent flyers flying on Kathmandu-Delhi-Kathmandu route would now be able to accrue on 'bonus' mileage points, which are double of the p...(more detail)

Addressing the Nepal- Israel business seminar on Agro-technology on Tuesday, the Israelis companies said that they were planning to invest in agro-products, as there was tremendous potential in the Ne...(more detail)

According to Prime Minister (PM) Sher Bahadur Deuba the government is planning to formulate the NRN (Non-Resident Nepalis) Act soon in the days ahead. At a meeting with a delegation of NRN Internation...(more detail)

9th branch of Bank of Kathmandu was established in the industrial city of Biratnagar and started its banking transaction from October 10.

The statement issued by the Bank reveals that the main obj...(more detail)

According to the Bangladeshi senior official the government of Bangladesh has decided to reduce handling fee of cargo at the ports by 50%.

Speaking at the inaugural ceremony of Nepal-Bangladesh Cha...(more detail)

Nepal is taking part in Germany's famous "Frankfurter Buchmesse" (Frankfurt book fair) which is starting from October 6. Nepal would be represented by Yuyutsu RD Sharma, proprietor of the Lotus Book S...(more detail)

Nepal Telecom has restarted distributing prepaid mobile phone SIM card in Kathmandu valley from 2nd October, 04. Cards can be obtained from Telecom's counters at Tripureshwor, Chauni, Jawalakhel, Gong...(more detail)

The Asian Development Bank has approved a 40-million-dollar soft loan for Nepal to improve roads and bridges in areas torn by a Maoist insurgency.

The project will extend the network of roads, tra...(more detail)

At a public function held at Gaighat, Udayapur today, the foundation stone for a library building for Trijuga Janata Multiple Campus was laid by Counsellor (Economic Cooperation), Embassy of India. G...(more detail)

Report released by an Asian Development Bank (ADB) in manila revels that Nepal's economic growth projected to be 3.7% in fiscal year 2004-05 (FY2005, ending 15 July 2005), essentially unchanged from t...(more detail)

On the occasion of International Telecommunication Day, Nepal Telecommunication Authority organized a program on May 17.

The government has started translating Telecommunication Policy 2060 into a...(more detail)

Top Hosting Companies in Nepal



...(more detail)

The Butwal Spinning Mill was out of operation since two years back, now The Salt Trading Center has decided to restart this mill after taking over the management.

The factory termed to be the lar...(more detail)

Corona Extra, a famous Mexican beer is added in the Nepalese beer market.

The press release issued reveals that Corona Extra is the first Mexican beer to enter Nepali market expected to cater to th...(more detail)

The statement issued by Nepal Tourism Board reveals that a project to help strengthen the regional network of roads connecting Nepal, Bangladesh, Bhutan, China and India is being planned. It also stat...(more detail)

The two-day meeting of Nepal Development Forum (NDF) is over on Thursday.

On the meeting Joint Secretary of Ministry of Finance Dr. Madhav Prasad Ghimire presented a working paper on donor 'harmoni...(more detail)

The Jet Airways and Air Sahara two leading Indian Private Airlines have decided to start daily Kathmandu-Delhi flights soon.

The Jet Airways has announced to operate daily flights in New Delhi- Ka...(more detail)

The meeting of Nepal Development Forum (NDF) is starting from today at BICC, Kathmandu for two days.

According to Nepal Planning Commission (NPC) 32, donor agencies are taking part in the meeting ...(more detail)

Chinese vice-president Seng Qinghong inaugurated the Asian Highway conference on April 28, in Shanghai, participated by representatives and delegates from 55 countries.

On the occasion Vice-chairm...(more detail)

Nepal has recently entered World Trade Organization (WTO) becoming 147th member. The main aim of this membership is to improve the country's economy by trading worldwide.

The government reveals th...(more detail)

In order to facilitate trade with Nepal, Bangladesh will bring the newly built land port, Banglabandh, into operation from May 22, 2004 through the Kakarvita-Banglabandh-Fulbari route the published re...(more detail)

Air Sahara (AS) formally submitted application to the Civil Aviation Authority of Nepal to operate its daily flight for Delhi-Kathmandu sector from early next month.

According to Joy Dewan, Managin...(more detail)

The 10th annual general meeting of Nepal SBI Bank Ltd. (NSBL) held on April 2 in the capital decided to distribute eight percent dividend to its shareholders. The bank will also issue rights share at ...(more detail)

Belarus-based International Trade and Investment Bank (ITIB) held its Annual General Meeting (AGM) for the first time in Nepal on March 30. The bank, holds its AGM in different countries each year.

...(more detail)

In order to attract more passengers Indian Airlines (IA) has launched a scheme, named as "Hot seat Bonanza"

According to the press release issued by IA Kathmandu office this scheme implements for ...(more detail)

His Majesty King Gyanendra inaugurated the 4 days 4th National Conference on Science and Technology (S & T) at BICC on 23rd March. The Noble Prize winner in Chemistry in 1991 Richard R Ernest and Prim...(more detail)

Nepal Credit and Commerce Bank (NCC) is preparing to float 2.1 m shares to the public from March 31 at a face value of Rs. 100 each.

According to the Bank, following the issuance of the bank's sha...(more detail)

The three days 17th MATTA International Tourism Fair (MITF) conclude on March 14 which was held at World Trade Center Kuala Lumpur in Malaysia.

Participants from Nepal on the fair were Fishtail To...(more detail)

The recent fourth annual general meeting of South Asia Federation of Freight Forwarders Association (SAFFA) conducted in Dhaka has decided to move SAFFA head office from Colombo to Kathmandu.

To e...(more detail)

For the reliable quality services the government has decided to convert the Nepal Telecommunications Corporation (NTC) into a company, this has been announced by Kamal Thapa, Minister of Information ...(more detail)

Four days Floriculture Business Fair: 2004 organised by Floriculture Association (FAN) is commencing from March 12, 2004 at Bhrikuti Mandap Exhibition hall.

Mineruwa Bista, President of FAN, opined...(more detail)

With and objective to ease business deal and following Nepal's interest to introduce transport link between Kathmandu and Dhaka, Bangladesh has purposed Nepal for a direct transport link between capit...(more detail)

According to the participants of the a program on "WTO: Opportunities and Challenges, there is chances of getting easy access for Nepali product to international market after acquiring the membership ...(more detail)

The Karnali Development Bank (KDB) has been established in Nepalgunj with an objective to up lift poor people.

This is the first development bank in Nepalgunj established under the development Act ...(more detail)

On the eighth annual general meeting (AGM) of Nepal France Chamber of Commerce and Industry (NFCCI) held at capital, businessmen expressed their views on the need to increase economic activities to br...(more detail)

Third NADA Auto Show jointly organised by Global Exposition and Management Services
Pvt. Ltd. and Nepal Automobile Dealers’ Association is going to start
from february 18 to 22 at Birend...(more detail)

The government has decided to set up the Department of Ministry for foreign
affairs at Birgunj port in the eastern district.
Some weeks ago India has set up its consulate office at the ...(more detail)

Training on Appraising and Short Listing Suppliers conducted by Industrial Enterprises
Development Institute (IEDI) concluded here in the capital.
The main aim of this three days training from F...(more detail)

The latest statistics released by the Dept. of immigration indicates growth
in the number of tourist arrival during the month of January.
In the first month of this year a total number ...(more detail)

Export of vegetable ghee to India has decreased, the main cause of this decline
is quantitative restrictions imposed by the Nepal India trade treaty.
According to Birgunj custom office,...(more detail)

An agreement between Smart Choice Technologies (SCT) Pvt. Ltd. and Himalayan
Bank Limited (HBL) discloses that the SCT will provide a shared network services
(SCT- Network) of Automated Teller...(more detail)

Three weeks back a seven member Sick Industries Rehabilitation Committee (SIRC)
under the chairmanship of Dr. Prakash Chand Lohani had decided to provide fund
to sick industries, but the go...(more detail)

Kumari Bank has launched a new e-pay banking service on 1st January 2004, with
an aim to facilitate consumers by the latest technology.
Kamal Thapa Minister for Information and Communicati...(more detail)

Cosmic Yingang (CY) is the bike manufactured by Cosmic Yingang Motorcycle Manufacturing
Co. (CYMMC) is available in the market.
The press release issued by the company states that the ...(more detail)

EMPower is a complete Human Resource Management software launched by IT Nepal
in the capital for the first time in Nepal.
The press release issued states that all aspects of salary mana...(more detail)

Advocate Shambhu Thapa has been elected as the new president of Nepal Bar Association
(NBA).
He received total 2,824 votes defeating his nearest rival advocate Yagyamurti
Banjade by 3...(more detail)

An agreement was signed by Meghnath Neupane on behalf of Federation of Nepalese
Chamber of Commerce (FNCCI) and by Laxman Prasad Bastola on behalf of Nepal
Television (NTV).
As per ...(more detail)

At a programme on "Economic Way-out of Current Situation," organised
by Nepal Chamber of Commerce (NCC), Governor of Nepal Rastra Bank (NRB) Tilak
Rawal said Nepali economy might ...(more detail)

It was stated in the press release of January 6, that Sher Bahadur Deuba, former
Prime Minister of Nepal, and President of Nepali Congress (Democratic) party,
is the Honorary Chairman of Socie...(more detail)

The Kathmandu-Karachi direct flights, is restarting from today which was halted
by the Indo-Pak tensions two years ago reveled Pakistan International Airlines
(PIA) officials.

Gu...(more detail)

Global Internet Service Pvt. Ltd., one of the internet service providers (ISPs)
introduced Public Hot Spot at a press meet.

Public Hot Spot is a wireless internet connection through ...(more detail)

Kumar Bank Ltd. (KBL) has launched another banking service 'KBL Mobile Banking
for the first time in Nepal.
Is was stated in a press release issued by KBL, account holder can receive
...(more detail)

A memorandum of Understanding (MoU) has been signed between Keshav Sthapit,
mayor of Kathmandu Metropolitan City (KMC) on behalf of KMC and Bibek Chapagain,
in-country coordinator of Kathmandu...(more detail)

In a statement of Nepal Rastra Bank (NRB), the central bank, that Nepal's trade
deficit has widened by 11.2 percent, or Rs. 5.8 billion, but the exports has
rose up by 9.1 percent, or Rs. 11.7...(more detail)

Speaking at an interaction programme on forthcoming budget organised by Confederation
of Nepalese Industries (CNI) Dr Prakash Chandra Lohani Finance Minister, said
the government’s ef...(more detail)

According to the press release issued by NIC bank the bank has launched a new
travel scheme from December 2003.
This is the latest consumer oriented scheme launched by bank after the su...(more detail)

An agreement was signed between Nabil Bank and Western Union Money Transfer
to start outbound money transfer services. At a press meet Nabil Bank announced
a strategic tie up with Western U...(more detail)

Three-day information and technology (IT) exhibition - 2003 is starting from
today at Rotary Club Thapathali. This exhibition is organized by Dristikon Nepal,
a non-governmental organisatio...(more detail)

Process on converting Nepal Telecommunication Corporation (NTC) into the company
have reached the final stage after the cabinet passed the manual and bylaws
for the purpose.

Acc...(more detail)

The National Industrial Exhibition and Tourism Festival jointly organized by
Federation of Nepalese Chamber of Commerce and Industry and Rupandehi chamber
of Commerce (RCCI) is going to sta...(more detail)

Tanahu Chamber of Commerce and Industry (TCCI) is set to construct Jungle Park
at Damauli in order to attract tourist in the district.
Mangal Prasad Shrestha, President of TCCI said tha...(more detail)

Bank of Kathmandu (BoK) is commencing new service of mobile recharge and bill
payment to facilitate its clients from all its branches in Kathmandu.

It was stated in the press re...(more detail)

It was declared at the Board of Directors meeting of Nepal Industrial and Commercial
(NIC) Bank, that Bank has increased 281 per cent in net profit during the year
2002/03.
Accordin...(more detail)

Kumari Bank Ltd. opened its new branch at Birgunj, which is the third branch of
the bank.

Addressing the opening ceremony of the branch in Birgunj President of Management
Committee of K...(more detail)

According to a top US management expert, only effective and skilled management
could bring success in the contemporary age of globalisation that has intensified
worldwide competitions.
...(more detail)

To promote tourism sector a bird sanctuary is being planned at Jayakot Community
Forest in the lake city of Pokhara.
Balram KC, ex-chairman of the forest's consumer committee informed tha...(more detail)

An agreement on trade in textiles products was signed between Nepal and the
European Communities in Brussels, the capital of Belgium.
Narayan Shamsher Thap, Royal Nepalese Ambassador si...(more detail)

With an aim to expand trade, a talk programme was held in the capital between
Nepal and Poland. Addressing the programme 'prospects for promotion of trade
between Nepal and Poland' ambassad...(more detail)

At a press meet in the capital Kumari Bank Ltd. (KBL) announced floating of
1.5 million ordinary share units worth Rs 150 million to the public for subscription
from December 18 to 24.
S...(more detail)

Addressing an interaction programme organised to discuss the deteriorating condition
of RNAC, Sarbendra Nath Shukla, Civil Avian Minister said that the government
has already begun its propert...(more detail)

With the main objective to promote hilly tourism Environmental Tourism Project
(ETP) is to be launched from 2004 in Tansen, the district headquarters of Palpa.

Asian Development ...(more detail)

In order to send the Nepali workers to Japan, the agreement was signed by Labour
secretary Narayan Prasad Silwal and former Japanese Ambassador M. Kojima. This
is the first time that Nepal ...(more detail)

At a programme organized by Nepal Chamber of Commerce (NCC) on operationalisation
of the Inland Container Depot (ICD), Dinesh Chandra Pyakurel, Secretary at the
ministry of industry, make k...(more detail)

Addressing the 29th NFC anniversary programme Hari Bahadur Basnet Minister for
Industry, Commerce and Supplies urged Nepal Food Corporation (NFC) to explore
business opportunities and develop it a...(more detail)

At a public function held in Phidim H.E. Mr. Shyam Saran, Ambassador of India
to Nepal, laid the foundation stone of the building of a Girls' Hostel of the
Panchthar Multiple Campus. The ho...(more detail)

Addressing the 9th Annual General Meeting (AGM) of Federation of Contractor's
Association Nepal (FCAN) Dr. Prakash Chandra Lohani, Finance Minister and Acting
Prime Minister said sound infrastruct...(more detail)

Caustic Soda is a main raw material that is required in the process of paper
manufacture, but due to the restriction on supply of this raw material nine
Nepali handmade paper factories have...(more detail)

Three days talks between Nepal and India custom officials in the capital commenced
from 27th Nov. to discuss about trade and other related issues and this type
of talks use to held every six m...(more detail)

According to Dr. Parkas Chancre Lorain Minister for Finance, the World Bank
(WB) and the International Monetary Fund (IF) have extended support to policies
and programmers pursued by HAG an...(more detail)

With and aim to work together a memorandum of understanding (Moue) have signed
in London between King Mahendra trust for Nature Conservation (KMTNC) and Zoological
Society of London. The me...(more detail)

Ministry of Commerce and Industry has set-up a WTO reference center at the Department
of Commerce, Babarmahal after getting membership of the organisation on September
this year with an aim t...(more detail)

p>Minister Hari Bahadur Basnet inaugurated the two-day conference of Nepal-China
Non-Governmental Forum in the capital yesterday.

Speaking at the programme Minister Basnet said, cor...(more detail)

Air China and China Eastern Airlines these are two Chinese airline companies
which are in process to operate regular flights from three major Chinese cities
to Kathmandu from early next yea...(more detail)

With a view to study and invest in the areas of energy, garbage management,
pollution management and waste management, experts of 14 German companies are
coming Nepal on April next year. Du...(more detail)

In order to promote agricultural products, technology and services Narayani
Chambers of Commerce and Industries (NCCI) is to organize an agricultural fair
at the Narayani Riverbank from 19 ...(more detail)

On the fifth annual general meeting (AGM) of Society of Economic Journalists-Nepal
(SEJON), Bijaya Ghimire has been elected as the president of the society.

Ghimire is a co-ordi...(more detail)

The first phase of the World Summit on the Information Society (WSIS), the
biggest ever information technology (IT) conference, going to be held from 10
to 12 December in Geneva, Switzerlan...(more detail)

Govt. is working for systematic urban transportation, for this the Ministry
of Labour and Transport Management (MLTM) has also constituted a committee under
the chairmanship of Pratap Kumar...(more detail)

A memorandum of understanding was signed among Nepal Chamber of Commerce (NCC)
and Associate Chinese Chamber of Commerce and Industry of Malaysia (ACCCIM). The
main aim of this agreement is to con...(more detail)

Bank of Kathmandu Limited (BoK) has opened up its new branch at Pokhara.
The main objective of this branch is to provide banking services to businesspeople,
industrialists and day-to-da...(more detail)