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Canada announces additional humanitarian support in response to Nepal earthquake

Canadian minister of International Development and La Francophonie Christian Paradis announced yesterday that the Government of Canada will provide an additional Canadian dollar $13 million in humanitarian assistance to support the continued relief efforts underway by experienced Canadian and international

IFC disburses $3.8 million to Probiotech to accelerate post-earthquake recovery, boost farmer incomes

IFC – a member of the World Bank Group – and Private Sector Window of the Global Agriculture and Food Security Programme have disbursed $3.8 million to Probiotech Industries, a commitment announced last year, reaffirming IFC’s and Nepali private sector’s

Race against time to get children back to school: UNICEF

Almost 14,000 children, whose schools were destroyed or heavily damaged in the two earthquakes, are having classes for the first time in five weeks in temporary learning centres. On the first day of school today, these children from the most

Korean parliamentarians donate Rs 13.2 million to Nepal

The Korean parliamentarians have donated Rs 13.2 million to Nepal for resettlement and reconstruction. National Assembly members of the Republic of Korea donated the money to Nepal for the resettlement of displaced by the recent earthquakes and reconstruction of the

Revenue collection falls due to earthquake

As expected, the government missed its revenue mobilisation target by Rs 16.38 billion in the 10th month of the current fiscal year due to earthquake. The government had planned to mobilise Rs 329.31 billion by mid-May but it has been

Relief aid flowing into Nepal, rebuilding could exceed Rs 1 trillion

The country needs around Rs 1 trillion to reconstruct the damaged infrastructure in the Saturday’s devastating 7.8-magnitude earthquake. The cost to rebuild Nepal after its most devastating earthquake, in eight decades, would exceed Rs 1 trillion ($10 billion) and take

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

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

Nepal slowly opening: World Bank

The World Bank senior official hailed Nepal’s progress in creating openness and transparency, apart from strengthening institutions. “Nepal has achieved considerable progress in recent years, despite a challenging environment,” World Bank Nepal country director Johannes Zutt said, during a Knowledge

Koirala urges Europeans to invest in Nepal

Prime Minister Sushil Koirala asked a team of diplomats from the European Union (EU) to promote European investment in Nepal. Nepal has become a secure place for investment after the second Constituent Assembly (CA) elections last November, he told the

Nepali organisation bags UNDP Equator Prize

The Alliance for Integrated Development along with Conservation Area Management Committee, Kaski have won the Equator Prize 2014. The award presented by United Nations Development Programme (UNDP) Equator Initiative carries a purse of $5,000 for each of the organisations. It

Festivals ticket bookings for long-routes to open tomorrow

The passengers leaving for different parts of the country for festivals will be able to reserve their bus tickets – at current prices as the government postponed the transportation fare hike for a month – from tomorrow. People’s movement across

Transport fare hike from October 18

Department of Transport Management and Federation of Nepalese National Transport Entrepreneurs today agreed to hike transport fare from October 18, after festivals. During a meeting today, they also decided to do necessary homework to implement the decision. But we will

Development partners show concern over relief distribution

Development partners expressed their serious concern over distribution of relief package for flood and landslide victims in different parts of the country. In a meeting with minister for Commerce and Supplies Sunil Bahadur Thapa today, they also drew the attention

Entrepreneurs seek direct air connectivity with Russia

Businessmen today requested Russian ambassador Sergey Vasilievich Velichkin to help resume direct fights between Kathmandu and Moscow. Lack of direct air link with Russia has restricted the two countries in increasing business activities due to low connectivity, they said, adding

Qatar releases detained Nepali origin Britishers

Qatar today released two human rights activists after eight days detention. Human rights activist Krishna Upadhyaya (52) and photographer Gundev Ghimire (36) had been detained during their investigation into labourers’ situation in the constructing facilities for Qatar’s 2022 World Cup.

Government to hike public transport fare after Dashain festival

The government has decided to hike public transportation fare by almost seven per cent but only after Dashain festival. During a meeting between Department of Transport Management and transport entrepreneurs today director general at the department Kashi Raj Dahal said

Maitighar-Tinkune road beutification for SAARC gets momentum

The Maitighar-Tinkune stretch is being equipped with street lamps powered by solar energy. Under the SAARC beautification project, government has prioritised installation of solar-powered street lamps in the major road sections from where the guests and delegates pass through. Currently,