Category: Finance

Kathmandu: The Medical Education Commission has formed a committee to study the additional fees charged by medical colleges. The commission has formed a team to monitor the medical colleges while students are protesting against the high fees charged by the medical colleges. Issuing a statement on Wednesday spokesperson for the Ministry of Education, Science and… Continue reading Govt forms inspection committee to investigate medical college fees

BEIJING (AP): American activists are appealing to Tesla Inc. to close a new showroom in China’s northwestern region of Xinjiang, where officials are accused of abuses against mostly Muslim ethnic minorities. Tesla on Friday announced the opening of its showroom in Urumqi, the Xinjiang capital, and said on its Chinese social media account, “Let’s start… Continue reading Activists urge Tesla to close new Xinjiang showroom

Kathmandu: A Memorandum of Understanding (MoU) has been signed between Nepal Electricity Authority (NEA) and Nepal Airlines Corporation (NAC). The MoU was signed by NEA Executive Director Kulman Ghising and NAC Executive Chairman Yubaraj Adhikari in the presence of Minister for Culture, Tourism and Civil Aviation Prem Bahadur Ale and Secretary Maheshwar Neupane. From now… Continue reading NAC to operate cargo flight for NEA

Kathmandu: A total of 150,962 tourists have visited Nepal in 2021. According to the Nepal Tourism Board this number is 80,000 less than in 2020. In 2020, 230,085 tourists visited Nepal. Outbreaks appear to be exacerbated during the early months of 2020. As a result, the number of tourists was higher in the first month… Continue reading 1.5 mn tourist arrives in 2021

(BBC): North Korea’s leader Kim Jong-un has said the faltering economy will be the national priority this year as the country faces a “great life-and-death struggle”. He was speaking at the end of a key ruling party meeting, which coincides with him being in power for 10 years. A self-imposed coronavirus blockade has left North… Continue reading North Korea to focus on economy in 2022

Kathmandu: Domestic airline company Guna Airlines is preparing to operate regular flights on the Kathmandu-Surkhet-Kathmandu route from next Sunday. This is the 9th destination designated by the company from Kathmandu. From Kathmandu, Guna Airlines currently flies to Bharatpur, Pokhara, Tumlingtar, Bhairahawa, Nepalgunj, Biratnagar, Simara and Janakpur. Currently the company has a total of seven aircraft… Continue reading Guna Airlines to begin Kathmandu-Surkhet flight from Sunday

Kathmandu: Heavy snowfall has blocked both the major ports of Nepal-China. The import of goods from both Rasuwagadhi Kerung and Tatopani Khasa has been blocked since Thursday evening. According to the Tatopani Customs Office, it has become difficult to send the cargo container immediately due to the snowfall while some containers supposed arrive Nepal were… Continue reading Snow blocks both trade ports connecting China

Kathmandu: A narrow-body aircraft of Nepal Airlines Corporation (NAC) has been grounded due to technical problems. According to NAC narrow-body A320 aircraft 9N-AKW has been grounded. The plane landed on a flight from Kathmandu to Doha and had an engine problem while being taken to the parking lot. The problem has been identified in the… Continue reading NAC grounded narrow body aircraft

Baitadi (Rashtriya Samachar Samiti): Civil Aviation Authority of Nepal (CAAN) has allocated Rs 15 million to upgrade Baitadi airport. A meeting held on chairmanship of Tourism Minister Prem Bahadur Ale, the CAAN has allocated budget to upgrade domestic airports across the country.The meeting has decided to allocate Rs one billion for Dhangadhi airport, Rs 26.5… Continue reading CAAN allocates Rs 15 mn to upgrade airport

Kathmandu: Nepal Electricity Authority (NEA) has reduced the leakage in the system to 14.35 percent in the first four months of the current Fiscal Year 2078/07. NEA has managed to reduce the leakage of system from 17.18 percent in the last fiscal year by 2.83 percentage points to 14.35 percent in the last four months… Continue reading Electricity leakage dropped to 14.35 percent in four months