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    KMC, CRCCL ink pact for feasibility study of Ring Road Monorail Project

    Kathmandu, May 25 The Kathmandu Metropolitan City (KMC) and China Railway Construction Corporation Ltd (CRCCL) — a state-owned construction company of China — have inked...
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    Business

    Civil rights shares oversubscribed

    KATHMANDU: Civil Bank Ltd (CBL) received overwhelming response for the auction of its unsold 2.99 million rights shares from May 16 to 23, in...
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    Business

    95pc of 100-day work plan completed: MoCTCA

    Kathmandu, May 25 The Ministry of Culture, Tourism and Civil Aviation (MoCTCA) has claimed that it has been successful in completing 95 per cent of...
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    Business

    $500m US grant likely to enter Nepal from Sept 2019

    Kathmandu, May 25 Nepal will be able to utilise $500 million grant pledged by a US government agency beginning September 2019 if it is able...
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    Business

    Oil prices slump as OPEC and Russia consider output boost

    FILE PHOTO: James Prokupek (L), an engineering department process design manager for the Valero St. Charles Oil Refiner, is seen in silhouette during a...
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    Business

    South Africa investigates $80 million bitcoin scam

    JOHANNESBURG: South African authorities are investigating an alleged cryptocurrency scam that defrauded investors of 1 billion rand ($80 million) with promises of huge returns...
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    Business

    Plans afoot for ‘fuel hydrant system’ in TIA

    Kathmandu, May 24  In a bid to ease the tank-aircraft fuel intake system at the Tribhuvan International Airport (TIA), the government is preparing to develop a...
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    Business

    Govt likely to scrap West Seti deal

    Kathmandu, May 24  Upset with the dillydallying and one after another condition put forth by the Chinese company, the government will most likely scrap the deal...
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