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Outstanding amount of refinance issued by NRB stands at Rs 108.49 bln

The outstanding amount of refinance provided by Nepal Rastra Bank (NRB) remained Rs.108.49 billion in mid-September 2022. As of mid-September 2022, the outstanding concessional loan is Rs. 213.23 billion extended to 147,926 borrowers. Of which, R…

Nepse goes up by 43 points

Nepal Stock Exchange (Nepse) has gone up by 43 points on Sunday, the first trading day of the week. The benchmark index went up by 43.20 points to settle at 1965.36 points. Earlier, the index nosedived by 16 points to rest at 1922.16 on Thursd…

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…

SEBON issues IPO guidelines for people on foreign employment

 The Securities Board of Nepal (SEBON) has implemented the 'Securities Issuance and Allocation (Sixth Amendment) Guidelines, 2022' with the objective of bringing in those who are on foreign employment also in the share market.  …

Lukla airport runway ranked as one of the most beautiful runways in the world

The runway of Nepal's Lukla Airport has been ranked as one of the world's six most beautiful runways. Artemis Aerospace, airlines, airports and air services and transportation company from the United Kingdom, named the runway of Lukla Air…

SC directs govt not to implement deal signed with GMR

Supreme Court (SC) has urged the government not to implement the agreement signed with Indian company GMR for the smooth financial management of the Upper Karnali hydropower project. A single bench of Justice Ishwor Prasad Khatiwada on Thurs…

Himalaya Airlines flying to Malaysia with 135 passengers from Gautam Buddha Airport

A plane of Himalaya Airlines operated under the joint venture of China and Nepal has landed at Gautam Buddha International Airport. The aircraft has reached the airport for the first time to conduct chartered flights from Bhairahawa. …

Nepal’s cabinet approves air deal with US and Switzerland

A proposal for an air agreement with the United States (US) and Switzerland has been approved. A meeting of the Council of Ministers held recently approved the proposal submitted by the Ministry of Culture, Tourism and Civil Aviation. Jagannat…

Kuwait Airways submits plan to conduct regular flights from Gautam Buddha Airport

Kuwait's flag carrier Kuwait Airways has submitted a plan to operate regular flights from Gautam Buddha International Airport in Bhairahawa. According to the Civil Aviation Authority of Nepal (CAAN), the airline has submitted a plan to operat…

Shrestha re-appointed as honorary consul of Vietnam to Nepal

Rajesh Kazi Shrestha has been re-appointed as honorary consul of Vietnam to Nepal The Vietnamese Embassy in New Delhi which is concurrently accredited to Nepal, handed over an appointment letter to Shrestha at a function on Monday. On the occa…
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