ECONOMY
Sumargi among 55 Nepalis with investment abroad
Sumargi among 55 Nepalis with investment abroad
KATHMANDU, Jan 17: Business tycoon Ajeya Raj Sumargi has been found making investment in a company in Cyprus in violation of Nepali laws that bar Nepali nationals from making investment abroad, according to the revelation of a year-long investigation by the Centre for Investigative Journalism (CIJ)...
Jan 17, 2019
ECONOMY
Nepse ends 8 points lower
Nepse ends 8 points lower
KATHMANDU, Jan 16: The secondary market opened on a positive note and added almost 5 points in early trading on Wednesday. The Nepal Stock Exchange (Nepse) index then fluctuated between gains and losses to eventually end the day in red. Nepse ended the day 7.57 points lower at 1,187.97 points.
Jan 17, 2019
ECONOMY
Rasuwa welcomed 300,000 foreign tourists in 40 years
Rasuwa welcomed 300,000 foreign tourists in 40 years
RASUWA, Jan 17: Over 300,000 foreign tourists visited Rasuwa in 40 years since the establishment of Langtang National Park (LNP).
Jan 17, 2019
ECONOMY
Buddha Air to start Kolkata flights from April 15
Buddha Air to start Kolkata flights from April 15
KATHMANDU, Jan 17: Buddha Air has announced to operate a commercial flight between Kathmandu and Kolkata from April.
Jan 17, 2019
Editorial
Hold talks with Dr KC
Hold talks with Dr KC
Dr Govinda KC’s fast-unto-death, his 16th, reaches ninth day on Thursday and his health condition is deteriorating. His pneumonia in right lungs is getting worse.
Jan 17, 2019
OPINION
Trump’s brain drain
Trump’s brain drain
The unwelcoming atmosphere—epitomized by Trump’s notorious travel ban—is deterring
a growing number of first-rate students from pursuing higher education in the US
Jan 17, 2019
Interview
Authoritarian, unilateral decisions made us part ways
Authoritarian, unilateral decisions made us part ways
The Bibeksheel Sajha Party Nepal (BSPN), formed after the merger of Bibeksheel Nepali Party and Sajha Party in July 2017, split last week when Ujwal Thapa filed an application at the Election Commission (EC) to register a new party named Bibeksheel Nepali Dal. What led to the unexpected split? How w...
Jan 17, 2019
ECONOMY
This is how illegal funds are channeled into Nepal in the name of FDI ( with full report)
This is how illegal funds are channeled into Nepal in the na...
KATHMANDU, Jan 16: An expose of massive operations in which business people funnel illegal income through tax haven countries and repatriate the wealth into Nepal as Foreign Direct Investment.
Jan 16, 2019
ECONOMY
CIJ story: Nepal connection of tax havens (with full report)
CIJ story: Nepal connection of tax havens (with full report)
KATHMANDU, Jan 16: The International Consortium of Investigative Journalists (ICIJ) leaked the Panama Papers in 2017, exposing how a vast amount of dirty money hidden by offshore companies in tax haven countries is finding its way to various countries as Foreign Direct Investment (FDI).
Jan 16, 2019
ECONOMY
Exclusive: How Nepali Companies have used FDI to whitewash dirty money (with full report)
Exclusive: How Nepali Companies have used FDI to whitewash d...
KATHMANDU, Jan 16: Nepali business people set up companies in Nepal transfer their illegally earned money to offshore companies set up in tax haven countries and repatriate it to Nepal under foreign direct investment (FDI), a months-long investigation has revealed.
Jan 16, 2019