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Thursday, Nov 01, 2018

President Bidya Devi Bhandari has called upon Nepali diaspora in Qatar to make investments in Nepal with confidence adding that time has come to build a prosperous Nepal through our devotion.

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KAROBAR CORRESPONDENT
Wednesday, Oct 31, 2018

Nepal needs to make paying taxes easier by simplifying the process of social security related payments. This is the reason that the recent labour act has made the process more cumbersome and contributed to pushing the country down five places to 110th in a global ranking for the ease of doing business, according to the World Bank Group’s 'Doing Business 2019: Training for Reform report', released today.

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Wednesday, Oct 31, 2018

Owing to the late transfer of some of the agencies obliged to implement budget policy and programme to province government, the execution of the provincial government’s current fiscal year budget is likely to face challenges galore.

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Tuesday, Oct 30, 2018

Nepal will be importing flowers and garlands worth around Rs 110 million for the upcoming Tihar festival.

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Friday, Oct 26, 2018

Chief Minister of Province No. 5 Shankar Pokharel has said economic development was possible through modernization, commercialization and marketing of the agricultural outputs by increasing investment in the agriculture sector.

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Thursday, Oct 25, 2018

The Ministry of Water Supply has sent separate teams comprising three members in each in all seven provinces to monitor the shifting of the budget in the fiscal year 2074/075 BS. The committees shall monitor the change of the budget title in the then offices under the Department of Water Supply and Sewerage Management.

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AGENCIES
Friday, Oct 12, 2018

New World Bank research released on Thursday gives policymakers compelling evidence that delivering better outcomes in children’s health and learning can significantly boost the incomes of people—and of countries—with returns far into the future.

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Thursday, Oct 11, 2018

The World Bank has decided to provide around Rs 23 billion concessional loans to Nepal for the implementation of financial and energy sector reform policy.

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KAROBAR CORRESPONDENT
Thursday, Oct 04, 2018

The Board of Directors of the Asian Development Bank (ADB) has approved a loan of $180 million to support improvements to Nepal’s East–West Highway, the country’s main domestic and international trade route also known as the Mahendra Highway.

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Monday, Oct 01, 2018

Province No 5 is ranked fourth in view of Gross Domestic Product (GDP) contribution, the central bank said. According to a report released by the Nepal Rastra Bank (NRB), the contribution of the province 5 in the national GDP is 17.5 per cent. It is said that the report was prepared after conducting province-level GDP and per capita income of the fiscal year 2017/18 on the basis of overall human development report-2014.

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Wednesday, Sep 26, 2018

The Korea International Agency (KOICA) of Republic of Korea has agreed to provide Rs 550 million to Nepal the project for enhancing the quality of technical and vocational education and training (TVET) through capacity building of TVET Instructors in Nepal.

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Wednesday, Sep 26, 2018

The government has formed a high-level taskforce to explore the prospects and resolve the problems seen in the tea industry. The Ministry of Labour, Employment and Social Security on Tuesday announced the taskforce. Secretary at the Ministry Mahesh Prasad Dahal coordinates the taskforce.

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Thursday, Sep 20, 2018

Prime Minister KP Sharma Oli has asserted that the Sustainable Agriculture Development could only achieved through modernization, commercialization and mechanization of agriculture.

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KAROBAR CORRESPONDENT
Tuesday, Sep 18, 2018

IFC, a member of the World Bank Group, has released the first in-depth analysis of Nepal’s innovative benefit sharing policy that allows communities to invest in hydro power projects through the purchase of ‘local shares’. The report recommends more community education and improved regulation to maximize opportunities for investors while protecting them from undue risk.

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Wednesday, Sep 19, 2018

Federation of Nepalese National Transport Entrepreneurs has demanded rollback of the decision to hike petro product price. Issuing a press release on Tuesday evening, Federation Chairperson Yogendranath Karmacharya called for the government to withdraw price hike in view of festive season.

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