Kathmandu: The BP Highway constructed by the Government of Japan has been handed over to the Government of Nepal after the post-earthquake reconstruction. Japan handed over the road to Nepal through a virtual program organized at the Ministry of Physical Infrastructure and Transport on Thursday. Inaugurating the virtual VP Highway, Hon’ble Minister for Physical Infrastructure… Continue reading Japan handed over BP highway after reconstruction
Worldlink to build 14 data centers across the country
Kathmandu: Worldlink Communications, the largest private Internet service provider, plans to build data centers in 14 cities across the country. Speaking at a press conference on Thursday, WorldLink announced that it would build the data centers within three years with an investment of Rs 3 billion. Globally, Internet traffic is growing at an unprecedented rate,… Continue reading Worldlink to build 14 data centers across the country
Province 1 government purchasing PCR machine
Kathmandu: The provincial government has started the process of purchasing a PCR machine to check corona at a time when vaccine against COVID-19 has to be brought. The provincial public health laboratory has started the process of purchasing automatic RT PCR machine. A tender has been invited on January 26 for the purchase of the… Continue reading Province 1 government purchasing PCR machine
Political instability worries private sector
Kathmandu: Experts and private sector representatives have expressed concern over the increased risk of investment flight due to political instability in the country. Speaking at an interaction organized by the Economic Journalists’ Society (SEJON) on private sector unity and next steps in economic issues, he said that political parties and the government had created political… Continue reading Political instability worries private sector
More than 9,000 people across country vaccinated against corona on first day
Kathmandu: On Wednesday, the first day of the vaccination campaign against corona virus (Covid 19), 9,084 people were vaccinated across the country. According to the Ministry of Health and Population, 9,084 health workers and frontline staff from 93 vaccination centers in 64 districts have been vaccinated against corona. According to the Ministry of Health, 1,255… Continue reading More than 9,000 people across country vaccinated against corona on first day
Nepal Securities Board approves for IPO of women’s microfinance company
Kathmandu: The women’s microfinance financial institution is going to issue ordinary shares (IPO). The microfinance institution has also received approval from the Nepal Securities Board to issue an IPO to the public. According to the information given by the board, the organization has received approval to issue IPO on January 21. The organization will issue… Continue reading Nepal Securities Board approves for IPO of women’s microfinance company
National one-door system to make custom services ‘paperless’
Kathmandu: Nepal National One Door System has come into operation from today with the objective of completing all the paperwork of the customs without the physical presence of the service recipients. The plan, which was put forward as a concept in 2013, has been implemented after 9 years. At the same time, the customs department… Continue reading National one-door system to make custom services ‘paperless’
MoU signed for 250 MW solar energy project
Kathmandu : A Memorandum of Understanding (MoU) has been signed between the Office of the Investment Board Nepal (IBN) and Rigen Energy Singapore JV for the establishment of a detailed feasibility study report for the establishment of a 250 MW capacity solar power project with a 40 MW capacity battery storage plant in Nepal. As… Continue reading MoU signed for 250 MW solar energy project
UK to unveil hotel quarantine plans, public told not to book vacations
LONDON (Reuters): Britain will announce on Tuesday whether it will bring in mandatory quarantine in hotels for some or all arrivals, the country’s coronavirus vaccination minister said as he warned the public not to book summer vacations. Prime Minister Boris Johnson has said he was looking at the option of introducing quarantine hotels for those… Continue reading UK to unveil hotel quarantine plans, public told not to book vacations
Vietnam’s Communists proclaim pandemic, economic wins at Party congress
HANOI (Reuters): Vietnam’s ruling Communist Party chief Nguyen Phu Trong hailed booming economic development and containment of the COVID-19 pandemic as major achievements on Tuesday as he presided over the opening of a key party congress in Hanoi. Over nine days of meetings, mostly behind closed doors, delegates will pick a new leadership team, aiming… Continue reading Vietnam’s Communists proclaim pandemic, economic wins at Party congress