A total of 144,000 kilograms of sugar brought from India some four months ago targeting the major festivals is yet to obtain the customs clearance document from the Nepalgunj Customs Office. The sugar has been stored in the customs office following the government to impose a quantitative restriction on sugar imports, it is said. T
Nepal has the potential to increase exports to South Asian countries four-fold. Man-made trade barriers have held back intraregional trade in South Asia. If these barriers were reduced, intraregional trade could grow from its current value of $23 billion to $67 billion, says a new World Bank report.
Economies in developing Asia and the Pacific are weathering external challenges thanks to robust domestic demand, while inflationary pressures are abating, says a new report from the Asian Development Bank (ADB).
But major challenges remain, including slow progress on policies to decarbonize heating and transport, according to a new report
Around four months after the commencement of the fiscal year 2075/76, the Nepal Tourism Board (NTB) has allocated around Rs 1.7 billion budget for the FY. The budget was approved by the Board of Directors of the NTB.
A total of Rs 17.5 million was collected from the week-long Shreemad Bhagawat story recitation programme organized by Shanti Basic School at Madhyabindu Municipality-1 in Nawalparasi district.
Siddhartha SJB Rana bagged the award for paying the highest amount of income tax in the individual category, while Sipradi Trading Private Limited paid the highest amount of tax among trading companies for the fiscal year 2073/74 B.S. Siddhartha SJB Rana is the executive chairman of Sipradi Trading Pvt. Ltd.
The government of Japan has agreed to provide grant assistance of 350 million Yen equivalent to about Rs 356 million to Nepal for carrying out food assistance programme.
The Shankharpur municipality has provided an additional grant of Rs 100,000 to those who completed reconstruction of their quake-devastated houses with archeological and historical style in Sankhu.
Chief Commissioner of the Commission for the Investigation of Abuse of Authority (CIAA), Navin Kumar Ghimire, has said that curbing of corruption should be the common agenda of the government, civil society and the entire state mechanism along with the CIAA.
Crowding in the private sector and maximizing finance from all possible sources will be critical for Nepal’s ambitious-but-realizable voyage towards a Middle-Income Country (MIC) by 2030, according to the latest edition of the World Bank’s Nepal Development Update released on Thursday.