Category: Finance

Kathmandu: Nepal Rastra Bank has brought the new machine to destroy useless notes. Earlier, notes were destroyed manually by fire. Now the machine will destroy the note. Bank Note Shedding and Briquetting System (BSBS) has been brought into operation at its Biratnagar office with the objective of modernizing and mechanizing the laundry. On Friday, Governor… Continue reading NTB brings new technology to destroy useless notes

Kathmandu: Commercial flights have started at Falgunanda Sukilumba Airport in Ilam. In coordination with Ilam Municipality, Tara Air has started regular flights in the Kathmandu-Ilam route. Tara Air flew the flight in collaboration with Nepal Tourism Board, Ilam Municipality and tourism entrepreneurs. Flights have been scheduled for twice a week, on Sunday and Thursday.

Kathmandu: The grant agreement between the US aid agency Millennium Challenge Corporation (MCC) and the Government of Nepal has been tabled in the House of Representatives 32 months after it was registered in the Millennium Challenge Compact Parliament. On behalf of Finance Minister Janardan Sharma, Information Technology and Communications Minister Gyanendra Karki table the agreement… Continue reading MCC table in Parliament

Kathmandu: The long-awaited calibration flight has started on Friday at Gautam Buddha International Airport. Aerothai’s special aircraft, including technicians, has conducted a test flight for 10 days to check whether the equipment connected to the communication, navigation and surveillance at the airport is working smoothly. Aerothai’s team will stay in Bhairahawa till February 27. The… Continue reading Calibration flight begins at Gautam Buddha Intl Airport

Kathmandu: Commercial flights will start from Bhairahawa-based Gautam Buddha International Airport from May 16 next year. The Civil Aviation Authority of Nepal (CAAN) has fixed the date of a commercial flight from Gautam Buddha International Airport for the upcoming Buddha Purnima. The calibration flight will start from this airport on Friday. A Euro Thai Aircraft… Continue reading Commercial flights to begin at Gautam Buddha Intl airport from May 16

Kathmandu: Nepal Electricity Authority (NEA) has decided to blacklist China’s Zhejiang-based transformer manufacturer JCB. NEA has decided to blacklist JCB after repeated problems were seen in the company’s power transformer. In a few days, NEA will recommend the company to be blacklisted in the Public Procurement Monitoring Office. Power transformers have a large capacity to… Continue reading NEA decides to blacklist JCB

Kathmandu: Himalaya Airlines has resumed its flight to Saudi Arabia from Nepal. Himalaya Airlines had halted operating its flights to/from Dammam and Riyadh from 9 to 12 February 2022.Now that Saudi Civil Aviation has started issuing flying permissions, regular flights for the above-mentioned sectors have been resumed 13 February 2022, Sunday onwards.

Kathmandu: Night businesses have resumed from today. Due to the risk of coronavirus (Covid-19) infection, the government had halted night businesses earlier. As per the decision made by the District Administration Office, Kathmandu last week, night business has been resumed from today. Night businesses includes dance bar, rehearsal halls, dance halls, lounge, pub and club.… Continue reading Night business to resume from today

Kathmandu: The government has formed a special task force to control online network marketing and crypto transactions. A six-member task force has been formed headed by the head of the revenue division of the finance ministry. The other members of the task force are senior officials from the Asset Laundering Department, Revenue Investigation Department, Nepal… Continue reading Govt forms special task force to control crypto transactions and network marketing