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Nepse to remain closed till April 7

Kathmandu, March 30 Trading activities at the Nepal Stock Exchange (Nepse) have been halted for another one week. After the Securities Board of Nepal (SEBON) on Sunday directed Nepse to shut down business for another…

Mato’s commitment to public unfazed

Kathmandu, March 30 Mato, a brand of Golyan Agro, continues to provide fresh fruits, vegetables and other essentials to customers around Kathmandu. Golyan’s Director Akshay Golyan stated, “We’re committed towards serving the people of our…

Construction of several hydel projects stalled

Kathmandu, March 30 After the government imposed the nationwide lockdown to prevent the possible spread of the coronavirus, construction of different hydropower projects with total installed capacity of 2,500 megawatts has been stalled. Kumar Pandey,…

Trekking guides unhappy with late rescue

KATHMANDU: While a large number of foreigners were being rescued from Lukla and other parts of the country, trekking guides were unhappy with the late rescue operation of Nepal Tourism Board (NTB). NTB had started…

All stranded tourists taken care of, claims NTB

Kathmandu, March 30 Nepal Tourism Board (NTB) has claimed that all the tourists stuck in Nepal have been taken care of with joint efforts of all the stakeholders. A few days back, social media was…

Pandemic to hit growth in Asia, China: World Bank

WASHINGTON: The coronavirus pandemic is expected to sharply slow growth in developing economies in East Asia and the Pacific as well as China, the World Bank said in an economic update on Monday. The bank said precise growth forecasts were difficult,…

DoCSCP receiving 300 complaints each day

Kathmandu, March 29 Department of Commerce, Supplies and Consumer Protection (DoCSCP) has been receiving around 300 complaints related to lack of liquefied petroleum gas (LPG), price hike, and lack of food items in market on…

NRB directs BFIs to halt loan recovery till mid-July

Kathmandu, March 29 Amid businesses affected by the coronavirus seeking relief from the government, Nepal Rastra Bank (NRB) has set moratorium on principal and interest payments till mid-July. Issuing a circular today, the central bank…

NEA stops payment of independent power producers

Kathmandu, March 29 Nepal Electricity Authority (NEA) has stopped paying the bills of the private sector hydropower projects that have been generating electricity. NEA stopped the payments from Thursday as the country is in a…

NTB rescues 158 stranded tourists, guides from Lukla

Kathmandu, March 29 A total of 158 people including both foreigners and Nepalis have been rescued today by the Nepal Tourism Board (NTB) in coordination with local governments and other stakeholders. A total of 11…