Import ban 'govt's knee-jerk reaction' The government recently decided to ban import of non-essential items listed under 10 categories to narrow the country’s trade deficit and shore up foreign exchange reserves. Nepal 03 May, 2022
NICCI calls on MoICS secy to discuss IPR issues A team of Nepal-India Chamber of Commerce and Industry (NICCI) led by its Officiating President Sunil KC paid a courtesy call to Arjun Prasad Pokharel, secretary at Ministry of Industry, Commerce and Supplies (MoICS) today. Business 07 Apr, 2022
Opportunistic and unsustainable trade practices Nepal’s trade data of fiscal 2020-21 was reminiscent of the trade figures of fiscal 2019-20, in the sense that the country’s top export commodity was an item not produced locally. Business 31 Aug, 2021
Risk of second wave threatens economic revival The nationwide lockdown imposed a year ago had lasted nearly six months. The unprecedented move possibly limited the spread of the deadly coronavirus, but also devastated the economy. Business 25 Mar, 2021
Sugar mills fail to clear outstanding dues within govt deadline KATHMANDU, JANUARY 18 The sugar mills have paid a total of Rs 480 million within the government’s deadline of 21 days. According to the Ministry of Industry, Commerce and Supplies (MoICS), out of the total dues worth Rs 651.1 million, the sugar... 19 Jan, 2021
Government approves regulation to protect domestic industries KATHMANDU, JANUARY 4 The government has approved Safeguards, Anti-dumping and Countervailing Regulation. The regulation is basically aimed at protecting and promoting the local manufacturers. The regulation allows imposing additional import... 05 Jan, 2021
Nepal-India trade, transit meet begins KATHMANDU: A two-day meeting of Nepal-India inter-governmental subcommittee on trade and transit has commenced from Thursday. As per the Ministry of Industry, Commerce and Supplies (MoICS), the joint secretary-level meeting will review and set the... 04 Dec, 2020
Fair price shops now open KATHMANDU, OCTOBER 1 Targeting the festive season, Food Management and Trade Company Ltd (FMTCL) and Salt Trading Corporation (STC) have operated fair price shops from today. The fair price shops offer rice, sugar, pulses, salt, beans, oil, live... 02 Oct, 2020
Amend laws related to children: Panel Kathmandu, August 4 The Women and Social Welfare Committee of the House of Representatives has directed the Ministry of Women, Children and Senior Citizens to make timely amendment to the Children’s Act to bring about clarity in role and... Travel 05 Aug, 2020
Government lifts import ban on peppercorns for industrial use KATHMANDU, JUNE 19 The government has lifted the ban on the import of peppercorns which had been imposed since more than a year. Citing that the ban on the import of peppercorns has encouraged illegal import and export of the product, the... 20 Jun, 2020
Government sets support price for paddy KATHMANDU, JUNE 17 The government has fixed the minimum support price for paddy for the next fiscal year at up to Rs 2,885 per quintal, depending on the variety. The Cabinet meeting on Tuesday set price of medium-sized paddy at Rs 2,885 per... 18 Jun, 2020
Three RT-PCR machines to be dispatched to Sudurpaschim Province by Friday DHANGADHI: The federal government has decided to dispatch three Real-Time Polymerase Chain Reaction (RT-PCR) machines to Sudurpaschim Province by Friday. At a press meeting organised by Press Organisation Kailali, at Dhangadhi Airport today,... Travel 11 Jun, 2020
