•      Sat Dec 28 2024
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IMF Review: Nepal has showed good progress on ECF, Economy…

Kathmandu, Dec 1: On November 29, the Executive Board of the International Monetary Fund (IMF) completed the third review under the four‑year Extended Credit Facility (ECF) for Nepal, allowing the authorities to withdraw the equivalent of SDR 39.20 million (about US$ 52.25 million). According to IMF, this brings total disbursements

Govt. committed to improving Nepal’s economy

Acting Prime Minister and Defence Minister, Purna Bahadur Khadka, has said the government was serious towards the attempts making by

Finance Minister Mahat stresses implementation of projects

Finance Minister Dr Prakash Sharan Mahat has stressed the need for the effective implementation of development projects launched in Nepal

Hyundai announces “Unbeatable Exchange” starting from Thursday

Laxmi Intercontinental Pvt. Ltd., the authorized distributor of Hyundai Automobiles in Nepal has announced “Unbeatable Exchange” starting from 14th Mangsir.

Govt. to establish Vocational Training Academy

The government of Nepal has decided to establish National Vocational Training Academy Development Committee to impart need-based training to produce

NOC
Nepal Oil Corporation decreases fuel prices

The Nepal Oil Corporation (NOC) has decreased the fuel prices effective from December 1.

Farmers grow capsicum applying hydroponics method (photo feature)

Locals of Teraute in Dang's Ghorahi Sub-Metropolitan City-16 have grown capsicum applying the hydroponics method. They have grown capsicum in

First Microfinance proposes 15% dividend

First Microfinance Laghubitta Bittiya Sanstha has proposed a 15% dividend for the fiscal year 2079/80 BS.

Sugarcane farmers in Kanchanpur deprived of Rs 320 million subsidies

The sugarcane farmers in the district are deprived of Nepal government subsidies. They have not yet got the subsidies in

United Modi Hydropower proposes to issue 100% right shares

The United Modi Hydropower has proposed to issue right shares in the ratio of 1:1 or 100% right shares.