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Monthly Archives: April 2015

Some Nepal Telecom lines might be affected due to system upgradation

Nepal Telecom (NT) is upgrading its pre-paid lines into a new billing system beginning from tonight that might affect some of the mobile connections. The telecom company is introducing a convergent real time billing (CRTB) system to allow its customers

Nepal joins ‘Better Than Cash Alliance’

Nepal joined Better Than Cash Alliance, according to Finance Ministry. The Alliance is an organisation partnering with governments, development community and private sector to empower people by shifting from cash to electronic payments. The Bill & Melinda Gates Foundation, Citi,

New law aims to curb low bidding

The government brought Public Procurement Act Amendment through Ordinance. The Public Procurement Act Amendment Ordinance 2015 – one of the three dozen Acts aimed at accelerating the development process – is expected to curb low bidding and timely and cost

Ramdev to start herbal factory in Nepal

Yoga Guru Ramdev is going to establish an Ayurvedic medicine and cosmetic factory in Nepal. The factory will manufacture several herbal products, according to the Patanjali Yogapeeth, Nepal. Ramdev, who will arrive in Nepal on April 23 to conduct a

Ministry collects 210kg polythene in two days

Ministry of Science, Technology and Environment has recovered more than 210-kg of polythene bags within first two days of the enforcement of government decision to ban plastics in the Kathmandu Valley. Secretary at the ministry Dr Krishna Chandra Poudel –

Rethink ban on plastic: FNCCI

The private sector has asked the government to rethink ban on use of polythine bags. Issuing a press release today, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has said that the ban has adversely affected plastic manufacturing factories.

Government monitors ban on use of polythene bags

The government has started monitoring implementation of the ban on use of polythene bags in Kathmandu Valley from today. The government has banned the use of polythene bags from the Nepali New Year day yesterday. A joint team of the

Libertarion Bholanath Chalise passes away

Former secretary and noted economist Dr Bholanath Chalise passed away today morning at the age of 65 due to chronic diabetes and kidney problem. Dr Chalise breathed his last while at Nepal Medical College, Attarkhel. He is survived by a

Chinese company to develop 750-MW West Seti

A meeting of Investment Board Nepal chaired by Prime Minister Sushil Koirala today approved investment from a Chinese company to develop the 750-megawatt West Seti Hydropower Project. The project that is estimated to cost Rs 160 billion will now be

Australia to provide grant assistance of Rs 314 million

The government of Australia has agreed to contribute an additional grant assistance of four million Australian Dollars (approximately Rs 314 million) to the pool of School Sector Reform Programme (SSRP). Finance Secretary Suman Prasad Sharma and Australian ambassador to Nepal