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
Inaugural ‘Late Babu Chiri Sherpa Memorial Open Sport Climbing Competition’ announced for March 14 in Kathmandu
Kathmandu: Kathmandu is set to host the first Late Babu Chiri Sherpa Memorial Open Sport Climbing Competition on March 14, as revealed during a press conference today by Nwang Nima Sherpa, President of the Alpine Sports Association (ASP). Jointly organized by the New York-based Alpine Sports Association, INC., and Everest Summitter’s Association (ESA), the event… Continue reading Inaugural ‘Late Babu Chiri Sherpa Memorial Open Sport Climbing Competition’ announced for March 14 in Kathmandu
Gold surges to record high in domestic market
Kathmandu: On Thursday, the domestic gold market witnessed another remarkable surge, with the yellow metal climbing by Rs 1500 per tola, setting a new record high. Similarly, silver prices experienced a significant increase of Rs 30 per tola. This marks the third noteworthy price hike in gold within the domestic market this week, accumulating a… Continue reading Gold surges to record high in domestic market
Bagmati provincial officer arrested for illegitimate citizenship to chinese gold smugglers
Kathmandu: Police has arrested Ram Chandra Aryal, a sixth-level officer at the Bagmati Provincial Assembly Secretariat in Hetauda-10, for granting Nepali citizenship to two Chinese nationals engaged in gold smuggling. Aryal, formerly stationed at the Transport Management Office, Thulo Bharyang, Kathmandu, was apprehended at the Provincial Assembly Secretariat on Wednesday following a request from Kavre… Continue reading Bagmati provincial officer arrested for illegitimate citizenship to chinese gold smugglers
Kathmandu security enhanced as district police range utilizes EQRT
Kathmandu: The District Police Range, Kathmandu, has started mobilizing the Electronic Quick Response Team (EQRT) along with the GPS for controlling and minimizing crime and boosting law and order and public security in the Kathmandu Valley. According to the Range, the EQRT is being employed under the ‘Safer Valley Project’ concept for promptly responding to… Continue reading Kathmandu security enhanced as district police range utilizes EQRT
Political shift: Nepali Congress shifts to opposition bench as CPN-UML assumes key position in house seating
Kathmandu: In a significant development following the recent political changes, the seating arrangement within the House of Representatives has been reshuffled. The Nepali Congress has transitioned to the main opposition bench, marking a notable shift, while the CPN-UML has assumed its place among the ruling party ranks. According to the latest update from the Parliament… Continue reading Political shift: Nepali Congress shifts to opposition bench as CPN-UML assumes key position in house seating
Customs dispute grounds aircraft and helicopters, jeopardizing tourism season
Kathmandu: In a protracted customs dispute, six aircraft and four helicopters have been rendered inoperable, causing significant disruptions just as the tourism season is set to commence. The impasse, originating from a clash between the Department of Customs (DoC) and an airline operator over customs duties on imported spare parts, has persisted for nearly two… Continue reading Customs dispute grounds aircraft and helicopters, jeopardizing tourism season
China optimistic about new coalition government’s impact on Nepal’s political stability
Kathmandu: In a press conference held on Tuesday in Beijing, the Ministry of Foreign Affairs of China conveyed its expectations for positive changes in Nepal’s power dynamics following the formation of a new coalition government. Foreign Ministry Spokesperson Mao Ning expressed awareness of the recent shift in Nepal’s political landscape and voiced optimism about its… Continue reading China optimistic about new coalition government’s impact on Nepal’s political stability