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World Bank: Nepal needs to increase investments in energy by…

Kathmandu, Sept 19: In line with the ambitious target of producing 15 gigawatts in 10 years and meeting the rising domestic demand for electricity, Nepal needs to increase investments in the energy sector by two- to fourfold, says a World Bank report. “A twofold to fourfold increase in public and

revenue investigation
Three companies face tax avoidance charge

Kathmandu, Sept 19: The Department of Revenue Investigation has reached court, seeking actions against three companies charged of tax avoidance.  

Japan exports sink on weaker trade with China, US

TOKYO, Sept 18 (AP) — Japan’s exports fell 8% in August from a year earlier, as trade tensions took a

“Nepal has conducive environment for foreign investment,” assures Minister Gyawali

Kathmandu, Sept 17: Minister for Foreign Affairs Pradeep Kumar Gyawali has said that Nepal has a favorable environment for foreign

Asian Development Bank president Nakao to step down

TOKYO, Sep 17 (AP) — The president of the Asian Development Bank, Takehiko Nakao, plans to step down early next

FECOFUN decries triple tax, says interference in autonomy

Kathmandu, Sept 17: Federation of Community Forestry Users Nepal (FECOFUN) has protested what bit called the triple tax imposed by

Nepal informs North Koreans to take back their investments

Kathmandu, Sept 17: The government of Nepal has informed North Koreas to take back its investment made in Nepal by

Iron ore reserve excavation gains ground

Kawaswoti, Sept 17: The excavation of iron ore reserve is gaining ground at Dhauwadi of Nawalpur. With the government decision

Facing US ban, Huawei emerging as stronger tech competitor

SHENZHEN, China, Sept 17 (AP) — Long before President Donald Trump threatened to cut off Huawei’s access to U.S. technology,

India’s economy slows, stalling once thriving manufacturing

By SHEIKH SAALIQ Associated Press NEW DELHI, Sep 16, 2019 (AP) — Anuj Kapoor took over his father’s booming auto