Kathmandu: Newly-appointed Finance Minister Barshaman Pun has extended a warm invitation to American investors, urging their participation in the upcoming Investment Summit scheduled to take place in Kathmandu in April. During a meeting with Dean Thompson, the US Ambassador to Nepal, at the ministry on Sunday, Minister Pun emphasized the favorable environment for foreign investment… Continue reading Finance Minister Barshaman Pun invites american investors to Kathmandu Investment Summit in April
Month: March 2024
CPN-UML candidate Suhang Nembang files candidacy for Ilam-2 By-Elections
Kathmandu: In the wake of the unfortunate passing of former Speaker and Chairman of the Constituent Assembly, Subash Nembang, his son, Suhang Nembang, has officially submitted his candidacy on behalf of the Communist Party of Nepal-Unified Marxist-Leninist (CPN-UML) for the upcoming by-elections scheduled for April 27. The CPN-UML’s Ilam district committee has been actively involved… Continue reading CPN-UML candidate Suhang Nembang files candidacy for Ilam-2 By-Elections
Man dies while queueing for OPD ticket
Kathmandu: A 24-year-old man identified as Jeevan Babu Thapa Magar lost his life this morning while standing in line to purchase a ticket for Outpatient Department (OPD) services at Bakulahar Ratnanagar Hospital in Ratnanagar, Chitwan district. The unfortunate incident unfolded at approximately 9:30 AM on Sunday, as Magar, a resident of Ratnanagar Municipality-3 Laurighol, suddenly… Continue reading Man dies while queueing for OPD ticket
Nepali Congress proposal to postpone national assembly chairperson election rejected
Kathmandnu: Nepali Congress’s bid to delay the election of the National Assembly chairperson, originally slated for March 12, has been met with firm opposition. During a pivotal meeting on Sunday morning at the Parliament House in New Baneshwar, attended by representatives from all political parties in the National Assembly, Krishna Sitaula, the leader of the… Continue reading Nepali Congress proposal to postpone national assembly chairperson election rejected
Remittances increases by 21.6 percent
Kathmandu: Remittance inflows increased 21.6 percent to Rs.839 billion in the review period compared to an increase of 27.1 percent in the same period of the previous year. In the US Dollar terms, remittance inflows increased 19.1 percent to 6.31 billion in the review period compared to an increase of 16.4 percent in the same… Continue reading Remittances increases by 21.6 percent
Khumbu Region eases restrictions in Everest base camp for spring season
Kathmandu: In a bid to strike a delicate balance between conservation efforts and expedition facilitation, local authorities in the Khumbu region have eased certain major restrictions imposed to curb luxury at the Everest Base Camp. The Khumbu Pasang Lhamu Rural Municipality has recently revised clauses in the newly promulgated Base Camp Management Procedure 2024 as… Continue reading Khumbu Region eases restrictions in Everest base camp for spring season
Australian mountaineer Allie Pepper to conquer Mt. Annapurna without oxygen
Kathmandu: Australian adventurer Allie Pepper is gearing up to ascend the formidable Mt. Annapurna-1 without the aid of supplemental oxygen this spring. Pepper, a seasoned mountaineer and former guide, is on a mission to conquer all 14 peaks exceeding 8,000 meters globally without relying on oxygen by the year 2026. Speaking at a press conference… Continue reading Australian mountaineer Allie Pepper to conquer Mt. Annapurna without oxygen
Honda unveils assembly plant in Nepal
Kathmandu: Honda, a global leader in two-wheelers, has officially launched its ‘Assembly Plant’ in Bhairahawa, Nepal. The grand inauguration was presided over by Minoru Kato, the Vice President of the main business unit at Honda Motorcycle. The cutting-edge facility, established with a substantial investment of Rs 1.5 billion, spans an impressive 200,000 square feet. The… Continue reading Honda unveils assembly plant in Nepal
National People’s Congress: China sets ambitious 2024 economic target
Kathmandu: China has set an ambitious growth target of around 5% for this year, as it outlined a series of measures aimed at boosting its flagging economy. Premier Li Qiang made the announcement at the opening of the annual National People’s Congress (NPC) on Tuesday. Li acknowledged that China’s economic performance had faced “difficulties”, adding… Continue reading National People’s Congress: China sets ambitious 2024 economic target
Nepal Police unveil security arrangements for Mahashivaratri festival at PashupatinathÂ
Kathmandu: Kathmandu Valley Police Office has unveiled a comprehensive security plan for the upcoming Mahashivaratri festival, especially considering the influx of both local and international devotees expected to gather at the Pashupatinath Temple premises. The security measures, effective until February 26, were disclosed by the spokesperson of the Kathmandu Metropolitan Police Range, Senior Superintendent of… Continue reading Nepal Police unveil security arrangements for Mahashivaratri festival at PashupatinathÂ