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Basanta Aryal

High-tech string-based podway to be introduced in Nepal

There have been a discourse about mono-rail, and metro-rail to be operated in the Kathmandu Valley over the last few years, but we have not heard much about 'podway' yet. Minister for Urban Development Metmani Chaudhary had said that…

Green Village Plotting: Land sold for Rs 200,000 per ana hits Rs 4 mln in 9 yrs

The price of land was hardly Rs 200,000 per ana in Nangkhel in Suryabinayak municipality-9 of Bhaktapur district in 2070 BS. The land value has now soared almost by 20 times in the span of nine years. It costs Rs 4 million per ana now. Local…

Govt's inability to spend development budget slows down sales of construction materials

The business of construction materials has been in doldrums due to the government's inability to spend development budget. Businesses have faced a slow down as the government has been able to spend only about 11 percent of the …

Analysis of economic indicators as Sharma leaves Finance Ministry for Paudel

Finance Minister Bishnu Paudel is taking the helm of the Finance Ministry again after a gap of 19 months. He shoulders the responsibility of uplifting the nation's sluggish economy yet again since he left the ministry in May, 2…

Construction of NEA's control and data center reaches final stage

Nepal Electricity Authority (NEA) has been building a data center in Syuchatar, Kalanki, Kathmandu, to digitize and enhance the power industry. The construction of a modern data center at Syuchatar of Kathmandu has reached the final stage. NEA…

Tourist arrival exceeds govt's target in 2022

The arrival of tourists has exceeded the government's estimated target in 2022. The Nepal Tourism Board (NTB) had an initial estimate that 500,000 tourists would enter Nepal this year, however, data shows that numbers of tourist arrival is se…

Challenges galore at Gautam Buddha Airport despite coming into operation

Subas Thing from Makwanpur was going to Malaysia for a job for the first time. Thing was called to Kathmandu saying he had a flight at 12:10 am Thursday. He had booked a Himalayan Airlines ticket. Thing, who was preparing to go to Tribhuvan Inter…

Nepal can be removed from EU's blacklist without splitting CAAN: Director General Adhikari

Nepal has been facing a flight ban in the European Union (EU)'s skies for the last nine years. The International Civil Aviation Organization (ICAO) and the EU together put Nepal on the 'blacklist'. The ICAO removed Nepal from the blackli…

Export of cement to bring down Nepal’s trade deficit

Nepal was able to export goods worth Rs 2 trillion in the previous fiscal year (2078-79 BS) while the figures of goods imported was put at Rs 19.2 trillion. In the fiscal year 2077/78 BS, the exports of goods had crossed trillions of rupees. Nepa…