Kathmandu: IFC Vice President for Economics and Private Sector Development Susan M. Lund met Finance Minister Dr. Prakash Sharan Mahat on Wednesday. During the meeting, the two discussed investment opportunities and challenges. Vice President Lund was accompanied by IFC Country Manager for Nepal, Bhutan, and Bangladesh Martin Holtmann, World Bank Country Director Faris Hadad-Zervos and… Continue reading IFC Vice President Susan met Finance Minister Mahat
Category: Finance
Agriculture Minister claims no fertilizer shortage this year
Kathmandu: Agriculture and Livestock Development Minister Dr. Beduram Bhusal said that the government has 284 metric tons of chemical fertilizers in stock. Minister Bhusal said in the finance committee meeting under the House of Representatives on Monday that the government has 284 metric tons of chemical fertilizers in stock and said that there is no… Continue reading Agriculture Minister claims no fertilizer shortage this year
IFC Vice President arrives on a three-day visit to Nepal
Kathmandu: A senior IFC official is on a three-day visit to Nepal to renew IFC’s commitment to support private sector to help meet country’s development goals while discussing investment opportunities. During her visit, IFC’s Vice President for Economics and Private Sector Development, Susan M. Lund, is scheduled to meet senior government officials and private sector… Continue reading IFC Vice President arrives on a three-day visit to Nepal
Labour minister requests not to give any money to anyone for seasonal work permit
Kathmandu: The Ministry of Labour, Employment and Social Security has requested not to give money to anyone for seasonal work permit. Ministry has issued a notice addressing people who are applying for seasonal visa and has requested not to give a penny to anyone. Recently, fraud cases have increased in the name of seasonal visa.… Continue reading Labour minister requests not to give any money to anyone for seasonal work permit
Nepal receives over 700,000 COVID-19 vaccines donated by France
Kathmandu: The Government of France has just delivered 702,720 doses of Pfizer-BioNTech’s bivalent COVID-19 vaccines to Nepal through the COVAX Facility, offering a boost to the country’s ongoing COVID-19 vaccination drive. This latest donation had been divided into separate shipments received across the months of June and July, with the final installment of the donation… Continue reading Nepal receives over 700,000 COVID-19 vaccines donated by France
EPS Korea warned not to believe fake information on employment
Kathmandu: The Employment Permit System (EPS) Korea branch has recently warned that wrong information is being circulated through various channels. After a fake notification on the letter pad of EPS Korea branch saying ‘urgent information regarding immediate entry of no worker into Korea’ went viral on social media, EPS Korea branch has clarified that this… Continue reading EPS Korea warned not to believe fake information on employment
Finance Minister directs secretaries to implement budget on time
Kathmandu: The Ministry of Finance has directed the Secretaries of the Government of Nepal to implement the budget for the new fiscal year 2080/81 within the stipulated time frame. Finance Minister Dr. Prakasharan Mahat gave this instruction to the secretaries of all the ministries of the Government of Nepal on Wednesday. He directed to give… Continue reading Finance Minister directs secretaries to implement budget on time
Department of Customs changes head of TIA customs
Kathmandu: Joint Secretary Tokraj Pandey has taken the responsibility of the head of Tribhuvan Airport Customs Office. Chief Customs Administrator Arun Pokharel, who has been on leave for the past three weeks, has been transferred to the ministry and given the responsibility to Pandey. The ministerial meeting decided to transfer Pandey to the Tribhuvan Airport… Continue reading Department of Customs changes head of TIA customs
Election commission takes action against candidates who did not submit election expenses
Kathmandu: The Election Commission has takes action against 2,435 candidates who did not disclose their expenditure details for the House of Representatives and Province Assembly elections within the stipulated time. On Tuesday, Shaligram Sharma Poudel, spokesperson and joint secretary of the commission, issued a press release and informed that 2,435 candidates were fined 15,000. The… Continue reading Election commission takes action against candidates who did not submit election expenses
Nepali Airlines are allowed for in-flight shopping service
Kathmandu: Nepal’s international airlines are now able to operate ‘Onboard Duty Paid Shop’ during flights. The Ministry of Culture, Tourism and Civil Aviation has issued a procedure for operating on-board duty paid shops with the aim of facilitating the operation of such shops inside the aircraft during the flight. According to this procedure, the airline… Continue reading Nepali Airlines are allowed for in-flight shopping service