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Economy

Consultations on 15th Plan: Vision of prosperous nation

Kathmandu : The draft approach paper of the 15th plan along with the long-term vision prepared by the National Planning Commission (NPC) envisions graduating the country to the status of a rich nation by 2099 BS (2043 AD). PC has prepared the five-year plan with the long-term vision of 25 years to...

Nepal and Bangladesh sign agreement on Avoidance of Double Taxation

Kathmandu : A bilateral agreement has been signed between Nepal and Bangladesh on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income. Revenue Secretary Lal Shanker Ghimire and Senior Secretary, International Resources Division, Ministry of Finance...

Talks with protesting gas entrepreneurs becoming effective

Kathmandu : Informal talks between the government and the Gas Dealers Association Nepal are advancing towards a consensus, said a talks team member. The dialogue initiatives were pushed following a protest by gas entrepreneurs putting forth various demands including permission to operate Nepali...

NOC hikes price of petroleum products

Kathmandu : Nepal Oil Corporation (NOC) has increased the price of petroleum products from midnight today. As per the new price adjustment coming into effect from this midnight, price of petrol will cost Rs 110, an increment of Rs 2.25. Likewise, price of diesel has surged by Rs 4.28 to Rs 97 per...

Govt. unlocking path of development, prosperity: Dr Khatiwada

Tamghas : Minister for Finance Dr Yuba Raj Khatiwada has urged one and all not to harbor any doubts that the country was moving ahead on the path of development and prosperity as he claimed that the government was unlocking the development path.
Speaking at an event held after the inaugural of...

NAC obtains CAAN’s AOC for Japan flight

Kathmandu : The national flag-carrier Nepal Airlines Corporation (NAC) has obtained an air operator’s certificate (AOC) by the Civil Aviation Authority of Nepal (CAAN) to conduct flights for Japan. According to NAC assistant spokesperson Nawaraj Koirala, its new A 330 wide-body aircraft was...

Nepal to have direct flights to Japan

Kathmandu : Nepal and Japan have agreed to revise the Air Service Agreement signed between the two countries in 1993. The signing of Exchange of Notes in this regard will pave the way for the operation of direct flight between the two countries.
The agreement was signed during the Nepal-Japan...

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