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ECONOMY

584 migrant workers dead or injured in FY 2023/24, Rs. 662M...

The government distributed Rs 662.16 million in compensation to the families of 584 Nepali migrant workers who died or sustained injuries while working abroad during the fiscal year 2023/24.
15 hours ago
ECONOMY

Thapaliya, Bhatt appointed as members of NTB

Tourism Minister Badri Prasad Pandey appointed tourism entrepreneurs Kumar Mani Thapaliya and Narendra Dev Bhatt as members of the Nepal Tourism Board (NTB).
15 hours ago
ECONOMY

DoTM resumes printing driving license

The Department of Transport Management (DoTM) has resumed printing driving licenses after resolving issues in its printing syste
15 hours ago
ECONOMY

People's Power gets nod to issue 50 percent right shares

Following the approval on Friday, the company will issue 3.16 million right shares to its existing shareholders at a face value of Rs 100 per share, based on its current paid-up capital.
16 hours ago
ECONOMY

Nepal receives Rs 57 billion in FDI commitments in 10 months

While the highest number of projects were in the information technology (IT) sector, the tourism industry drew the largest volume of investment.
1 day ago
ECONOMY

Revenue panel calls for stronger coordination to stop custom...

The cross-border smuggling of goods has been on rise mainly due to the collusion between customs officials and Nepal Police, causing a heavy leakage of revenues.
1 day ago
ECONOMY

Govt's capital expenditure at 34%, revenue collection at 65%...

Of the allocated budget of Rs 352.35 billion under federal government agencies, only Rs 120.37 billion has been spent by the end of Baisakh (mid-May). This represents 34.16 percent of the total allocated budget.
1 day ago
ECONOMY

New regulations can clip Nepal’s aviation wings

The Office of the Prime Minister and Council of Ministers ranked the Ministry of Tourism among the top two performers in a recent report. However, the Ministry of Culture, Tourism, and Civil Aviation (MoCTCA)-which secured the highest score in the performance evaluation conducted last Poush (mid-Dec...
2 days ago
ECONOMY

Telecom, Ncell must pay a 15% penalty for late license renew...

The Office of the Auditor General has recommended that the government impose a 15 per cent penalty on Nepal Telecom and Ncell for failing to pay their license renewal fees on time.
2 days ago
ECONOMY

Govt fails to check financial irregularities; arrears escala...

The government’s arrears jumped to Rs 733.19 billion with additional mismatch expenditure worth Rs 91.59 billion made by the government in the fiscal year 2023/24.
2 days ago