Bullish trend reasserts itself KATHMANDU: Lumbering bearishly since September , the Nepali capital market returned to its bullish trend this week. The Nepal Stock Exchange (Nepse) index gained 17.57 points on the fifth trading day and reached 584.64 points. Trading on the Nepse... 08 Nov, 2009
Chinese assistance KATHMANDU: The Export-Import Bank of China has agreed to provide a concessional loan of Rs 14.97 billion to the government for the implementation of Upper Trishuli Hydro Power Project ‘’A’’ and other projects. The interest rate... 05 Nov, 2009
FNCCI, CII hail treaty; to co-boost investment KATHMANDU: A meeting of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and the Confederation of Indian Industry (CII) welcomed the Nepal-India trade treaty signed on Tuesday. Representatives of both organizations promised to... 29 Oct, 2009
UNITE calls for five-year green campaign KATHMANDU:Union for National Industry Trade and Entrepreneurs Nepal (UNITE) has urged the government to adopt a green revolution campaign for the next five years. In a press meet here today, UNITE demanded integrated development policy for agriculture... 01 Sep, 2009
EIDITORIAL Sincere assurances It was an opportune time for Prime Minister Madhav Kumar Nepal, who is on a goodwill visit to India, to urge the Indian entrepreneurs to invest in Nepal. With the technical know-how and the enhanced investment capability that India... 21 Aug, 2009
Indian investors keen on Nepal’s hydel NEW DELHI: As India is gearing up to generate 500,000 megawatts of energy from various sources in the next 20 years, there is an opportunity for Nepal to seek Indian assistance to harness its abundant hydropower potential. Indian investors want... Travel 08 Aug, 2009
PM issues call for industrialisation KATHMANDU: Prime Minister Madhav Kumar Nepal urged entrepreneurs to support the industrialization of the nation. The government wants investment in industries and infrastructure projects from the private sector, he said addressing an international... 05 Aug, 2009
Sino-Nepal trade forum’s bid to enhance mutual ties KATHMANDU: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) immediate past president Chandi Raj Dhakal and All China Federation of Industry and Commerce (ACFIC) vice-chairman Xie Jingrong signed a memorandum yesterday. Both agreed that... 30 Jul, 2009
FNCCI asks NRB to reduce CRR KATHMANDU: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has asked Nepal Rastra Bank (NRB) to reduce the Cash Reserve Ratio (CRR) to 4.5 percentage points from the present 5.5 percentage points. While submitting its recommendation... 02 Jul, 2009
Arun Valley IPO oversubscribed KATHMANDU: Arun Valley Hydropower Company’s primary issue has been oversubscribed by over 21 per cent to Rs 2 billion. “Though, it will take a couple of days to find the actual amount and applicants, by the end of third day —... 28 Jun, 2009
Good response to Arun Valley IPO Himalayan News Service Kathmandu, June 24 Arun Valley Hydropower Company received good response to its primary issue. On the first day yesterday, 7,000 applications worth Rs 160 million were files its Initial Public Offering (IPO). It has floated... 25 Jun, 2009
Long-term practical steps required Nepal Chambers of Commerce wants the budget to be more practical and target-oriented. NCC hopes the budget will incorporate more long-term projects and programmes which have a lasting positive effect on the economy. The budget should focus on the... 25 Jun, 2009
