Published on Sep 19 2018 // Business, Featured, Slideshow, World News
Yuan not a weapon in trade row: Chinese Premier Li Keqiang
China has no intention of weakening its currency to help exporters and will not engage in any form of “competitive devaluation” of its exchange rate, Chinese Premier Li Keqiang said on Wednesday, a day after the latest tit-for-tat measures in the US trade war, South China Morning Post reported. Li...

Published on Sep 08 2018 // bignews, Business, Science And Technology, Slideshow
Is Facebook losing young users?
The world largest social media platform Facebook is losing a large number of young users as about one in four of them had removed the app from their smartphones in the past one year, a new Pew Research Center survey said Wednesday. The survey found that a whopping 44 percent of users aged 18-29 have...

Published on Sep 05 2018 // Business, Featured, Slideshow
19 Emirates airline passengers taken ill after plane landed in NY
Nineteen people have been taken ill after an Emirates airline plane landed in New York, officials say. The plane was quarantined at JFK airport as those on board were checked by health officials. Ten were taken to hospital but others refused treatment. The US Centers for Disease Control and Prevention...

Published on Mar 06 2018 // Business, World News
Chinese mainland hit $ 131 billion FDI in 2017
China will take a series of new measures this year to solicit more foreign investment, Ning Jizhe, deputy head of the National Development and Reform Commission, said on Tuesday. The country will greatly relax market access, promote investment facilitation and encourage foreign capital entry in more...

Published on Apr 20 2017 // bignews, Business, Featured
Nepal achieves highest economic growth rate in 25 years but challenges galore for retaining it
By Mahendra Subedi Kathmandu: Nepal’s economy turned ‘astounding’ in the fiscal year 2016/17, thanks to regular power supply and subsequent expansion of the industrial output, regular monitoring of the development projects, efforts for good governance, favourable climatic condition,...

Published on Mar 27 2017 // Business, Featured
Bibek Sharma/Kathmandu “The meter billing system in taxi is worthless piece of junk,” said a disgruntled taxi driver as we were just coming across the Department of Transport Management Office in Ekantakuna, Lalitpur. We were discussing about the recent happenings of the country which included the...

Published on Jul 25 2016 // Business, Featured
Nepal imports liquor even from Cuba
Nepal imported a huge quantity of liquor from Neighboring country India; Europe and as far as Cuba in the last fiscal year. Bizmandu, a Kathmandu-based vernacular newsportal, reports that Nepal imported 12.3 litre liquor of foreign brand of worth Rs 1.8 billion. The Nepalis liquor companies import raw...

Published on May 12 2016 // Business, Featured
Jiri, May 12: Preparations to resume the flights to and from the Dolakha-based Jiri Airport – located in the entry point to the world’s highest peak Mount Everest – are in full swing. The airport is closed for nearly three decades. The airport which was completely halted since 2042 BS has not...