Govt issues White Paper on Nepal's economic situation, estimates only 2 pc growth rate KATHMANDU: The government on Tuesday issued a White Paper, making public the current situation of Nepal's economy, problems created after the agitation and strikes in the southern plains and India's undeclared blockade on Nepal for a couple of... 24 Nov, 2015
Tanker smuggling 7000 litre aviation fuel seized, four held in Chitwan CHITWAN: Police arrested four people for their alleged involvement in smuggling of aviation turbine fuel (ATF) along with a tanker laden with ATF from Belchok of Narayangadh on Tuesday. The suspects have been identified as buyer Binod Awasthi... Travel 24 Nov, 2015
NOC team leaves for Bangladesh Kathmandu, November 14 A two-member team of Nepal Oil Corporation (NOC) the state-owned petroleum supply monopoly left for Bangladesh today to explore the potential of importing liquefied petroleum gas (LPG) from there. The NOC team includes... 15 Nov, 2015
Domestic airlines to operate more flights today Kathmandu, November 8 Domestic airlines will be able to operate more flights on Monday as compared to today because Nepal Oil Corporation (NOC) has said that it will increase refuelling facility for domestic carriers for tomorrow. Only 35 per... 09 Nov, 2015
EDITORIAL: Fishy deal In the meantime, other internal measures should be taken, for example, to promote alternatives to cooking gas, import of electric vehicles at low customs rates, and economizing on fuel Birat Petroleum, which was recently awarded a contract to import... 09 Nov, 2015
NOC�s low storage capacity partly blamed for fuel crisis Kathmandu, October 9 The fuel stock of the country will completely dry out in three days if Nepal Oil Corporation (NOC) were to sell remaining petroleum products as in normal days. As of today, NOC’s fuel stock, including petrol, diesel,... 10 Oct, 2015
�Government should have maintained an alternative way to import essential goods� Just before the arrival of the festival and tourist season, the domestic airline sector is facing shortage of Aviation Turbine Fuel as a result of the ongoing protests in the Tarai region of the country. This is a time when passenger movement goes... 28 Sep, 2015
Nepal enforces road rationing from Sunday amid fuel shortage KATHMANDU: The government has appealed to all to operate their vehicles, both private and public, on the basis of odd-even licence plate system on alternate days with effect from Sunday. Joint Secretary Laxmi Prasad Dhakal, the spokesperson of... Travel 26 Sep, 2015
NOC�s profit to surge this month KATHMANDU: Due to reduction in the cost price of liquefied petroleum gas (LPG), Nepal Oil Corporation (NOC) — the state-owned petroleum supply monopoly — will generate more profit in the month of July compared to the previous months. NOC’s... 03 Jul, 2015
NOC lessens its loan burden KATHMANDU: Nepal Oil Corporation (NOC) — the state-owned petroleum supply monopoly — has repaid loan of Rs 4.78 billion to Employment Provident Fund (EPF) and Citizen Investment Trust (CIT), on Monday. NOC has cleared Rs 2.85 billion owed to EPF... 30 Jun, 2015
New tourism policy Pragmatic approach counts It is essential that we match resources with results, cost with revenues and efforts with outcomes.The government has come up with a draft tourism policy. The new policy in the making is relevant in the context of the new governance environment of the... 06 Jan, 2009
Budget watch: Save aviation industry Aviation is perhaps the hardest hit industry all around the globe due to the unprecedented fuel price rise. Fuel cost is as high as around 50 per cent of the flight operation cost these days. The rise in fuel cost has forced many airlines to ground... 28 Jul, 2008