Kathmandu: A recent Nepal Business Survey for the year 2078 BS has brought to light a significant issue, revealing that approximately 32% of business establishments in the country are currently operating without proper registration. The survey, encompassing 498,058 wholesale and retail establishments, disclosed that only 68% of these businesses are officially registered with government agencies,… Continue reading Nearly one-third of Nepali businesses lack formal registration, survey reveals
Month: February 2024
Nepal and Australia ink trade and investment agreement
Kathmandu: Nepal and Australia have officially signed a trade and investment agreement during the visit of Nepal’s Foreign Minister NP Saud to Australia. The agreement, signed by Nepal’s Ambassador to Australia Kailash Raj Pokharel and Australia’s Assistant Foreign Minister Tim Watts, was witnessed by the respective foreign ministers, NP Saud and Penny Wong. Both foreign… Continue reading Nepal and Australia ink trade and investment agreement
Senior Biden campaign officials kick-start coordination with House Democrats for 2024 race
Kathmandu: Senior officials for President Joe Biden’s reelection effort will meet with House Democrats on Thursday to outline in detail post-Super Tuesday campaign plans — a strategy session that marks a significant boost in efforts to coordinate with lawmakers on organizing and communicating with voters nationwide. Those who will attend the gathering in Leesburg, Virginia,… Continue reading Senior Biden campaign officials kick-start coordination with House Democrats for 2024 race
Kathmandu District Court orders release of individuals arrested in land privatization case pending investigation
Kathmandu: Three people including industrialist Arun Chaudhary who were earlier arrested by the Central Investigation Bureau (CIB) of Nepal Police over the charge of illegal privatization of land owned by Bansbari Leather and Shoes Factory have been released.They were freed today following the verdict of the District Court Kathmandu with the condition of presenting themselves… Continue reading Kathmandu District Court orders release of individuals arrested in land privatization case pending investigation
Nepal triumphs in ODI bilateral series opener, defeating Canada by 7 runs
Kathmandu: Nepal secured a victorious start in the One Day International (ODI) Bilateral Series, clinching a seven-run win against Canada in a thrilling match at the Tribhuvan University International Cricket Ground, Kirtipur. Winning the toss, Nepal opted to bat first, posting a total of 225 runs, losing all ten wickets in the stipulated 50 overs.… Continue reading Nepal triumphs in ODI bilateral series opener, defeating Canada by 7 runs
USAID allocates $1.37 mn for earthquake recovery in Jajarkot
Kathmandu: The United States Government, through the United States Agency for International Development (USAID), has pledged $1.37 million to aid recovery efforts in the aftermath of the devastating earthquake that struck Jajarkot in 2023. The earthquake, with a magnitude of 5.6, hit Jajarkot and Rukum West on November 3, 2023, causing the loss of at… Continue reading USAID allocates $1.37 mn for earthquake recovery in Jajarkot
Donald Trump does not have presidential immunity, US court rules
Kathmandu: Donald Trump does not have presidential immunity and can be prosecuted on charges of plotting to overturn the 2020 election, a US court has ruled. Trump had claimed in the landmark legal case that he was immune from criminal charges for acts he said fell within his duties as president. But Tuesday’s ruling in… Continue reading Donald Trump does not have presidential immunity, US court rules
Bagmati Province govt allocates 70% budget for construction of Gautam Buddha International Cricket Stadium
Kathmandu: The Bagmati Province government has allocated 70% of the budget for the construction of the Gautam Buddha International Cricket Stadium in Bharatpur, Chitwan.Economic Affairs Minister of Bagmati Province, Bahadur Singh Lamal, revealed that the provincial government is committed to overseeing the allocation and execution of this significant project. The Minister conveyed this information during… Continue reading Bagmati Province govt allocates 70% budget for construction of Gautam Buddha International Cricket Stadium
Hetauda Cement Industry resumes production after coal shortage disruption
Kathmandu: Hetauda Cement Industry has successfully recommenced cement production following a hiatus of three and a half months. The suspension was attributed to a shortage of coal, a crucial component in the cement manufacturing process. Naveen Kumar Karna, Deputy General Manager of the industry, cited financial constraints as the primary obstacle in procuring coal during… Continue reading Hetauda Cement Industry resumes production after coal shortage disruption
Pakistani singer Atif Aslam set to perform live in Nepal
Kathmandu: Pakistani singing sensation Atif Aslam is gearing up for a spectacular performance at the Hyatt Regency ground in Kathmandu, marking his return to the Nepali stage. Scheduled for April 12, this concert will be Atif Aslam’s second appearance in Nepal, following his memorable performance at Dasarath Stadium in Kathmandu back in 2012. The musical… Continue reading Pakistani singer Atif Aslam set to perform live in Nepal