Trade through Vizag Port could be more feasible Kathmandu, August 5 As the country is preparing to utilise Visakhapatnam (Vizag) Port as another gate way for third country trade, traders stand to benefit from efficient services of the port and low ocean freight cost from the origin sea port... 06 Aug, 2016
Private sector seeks dedicated railway line Kathmandu, June 4 Private sector players have suggested Prime Minister KP Sharma Oli to expand a dedicated railway line from the sea ports to the country rather than purchasing a ship, as the former could play a significant role in reducing cost of... 05 Jun, 2016
Better roads imperative to boost trade Kathmandu, April 16 The cost for third country trade could be slashed significantly by developing high-grade road infrastructure within the country. As the transportation cost has a major share (around 72 per cent) in total logistics cost of trade,... 17 Apr, 2016
New relief measure for importers Kathmandu, December 7 Insurance Board (IB) has granted permission to the insurance companies to extend the validity of coverage period for freight stuck at Kolkata port from 60 days earlier to 90 days, in view of the difficulties faced by importers... 08 Dec, 2015
�Our main objective is to reduce the cost and time in trade� The nearly two-and-a-half month long border-blockade by Tarai-based political parties has severely affected the trade sector. Shortage of fuel and other daily essentials has had an adverse impact on economic activities in the country. The Nepal... 07 Dec, 2015
HTPL to waive detention charges Kathmandu, November 10 Importers, whose cargoes have been stuck at the Inland Clearance Depot (ICD) of Birgunj due to the Tarai protests, may heave a sigh of relief as Himalayan Terminals Pvt Ltd (HTPL) has decided to waive the detention charges... 11 Nov, 2015
�It is the right of a country like Nepal to get transit facility for third-country trade� The country has been facing severe shortage of daily essentials and industrial raw materials as Indian side has been dispatching very few trucks and containers owing to security concerns of their freight companies and transporters due to ongoing... 12 Oct, 2015
�Our effort is to bring down the number of days and cost involved in transporting cargo� As the Kolkata port is the only gateway for Nepal’s trade with third countries via sea, the Consulate General Office has a vital role in helping facilitate the country’s exports and imports. The Consulate General Office over time has been... 17 Aug, 2015
BIZ BRIEFS CONCOR’s adviceKATHMANDU: The Container Corporation of India Ltd (CONCOR) has advised to transport lesser amount of cargo. Similarly, it also expressed eagerness to provide service of transporting edible oil from Baj Baj Port as it has necessary... 12 Dec, 2006
ICD management contract awarded to CONCOR India Himalayan News ServiceKathmandu, May 18:The contract for the operation and management of Inland Container Depot (ICD) located at Birgunj has been given to Container Corporation of India (CONCOR) for a ten years period after months of quarrel between... 18 May, 2004
Two firms submit bids for ICD management Himalayan News ServiceKathmandu, March 16:Only two bidders, namely Container Corporation of India (CONCOR) and B Ghosh and Company, India, have submitted tender document for the operation and management of Inland Clearance Depot (ICD) based in... 16 Mar, 2004
