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...

Published on Oct 28 2015 // Business, Featured, Nepal News, Slideshow
Nepal to import petroleum products from China ending India’s monopoly in fuel supplies
  Nepal and China today sealed a framework deal in Chinese capital Beijing to import the petroleum products from the northern neighbor to Nepal. According to Embassy of Nepal, Beijing, a Memorandum of  Understanding was signed between NOC and China National United Oil Corporation (PertoChina),...

Published on Jul 25 2015 // Business, Featured, Slideshow
Japan’s Nikkei group buys UK’s The Financial Times for $ 1.31 billion
British publisher Pearson is selling its business newspaper The Financial Times including FT.com to Japanese media group Nikkei for 1.31 billion US dollars. The deal should be completed by 2015, a statement said. But the deal does not include FT Group’s 50-percent stake in The Economist magazine,...

Published on Jul 17 2015 // Business
Dubai mega-hotel eyes Ramadan, changing travel trends
Dubai’s 1,608-room Marriott Marquis – which has two towers – casts a long shadow over the city’s thoroughfare, the skyscraper-studded Sheikh Zayed Road. (Photo courtesy of Marriott PR) Despite a downward hospitality market so far this year, and the usual sharp slowdown during...

Published on Jul 14 2015 // Business, Featured
Kathmandu: Aiming to help reconstruct Nepal’s earthquake- hit physical properties in its own unique fashion, the ‘GARS-Nepal-Tibet Earthquake Emergency Global Design Project’ in association with China Red Cross Foundation, Poverty Alleviation Foundation and Public Foundation of Resisting...