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‘Nepal suitable place for investment’

Kathmandu : The industrialists and investors participating in the ongoing Investment Summit have said the availability of labour and skilled human resources, stable government with political stability and investment friendly environment in Nepal were important elements to attract...

Brief rain forecast in most of places

Kathmandu : The Meteorological Forecasting Division has predicted brief rainfall with thunders in most of places across the country including the Kathmandu Valley due to the impact of low-pressure westerly wind. According to meteorologist Manju Basi, the wind that entered Nepal since Friday will...

Bangladesh skyscraper inferno death toll rises to 25

DHAKA : The death toll from a horrific blaze that ripped through a Bangladesh skyscraper rose on Friday to 25, including some who leapt to their deaths, as firefighters combed through the charred shell of the building. A day after flames tore through the 22-storey FR Tower in Dhaka, trapping...

Govt urges investors for investment

Kathmandu : The government has requested all investors attending the ongoing Investment Summit to invest in Nepal. Addressing the Summit that began here today, Minister for Finance Dr Yubraj Khatiwada said Nepal has become an appropriate place for investment with the procedural and institutional...

Energy for Economic Prosperity

Kathmandu : Minister for Energy, Water Resources and Irrigation, Barshaman Pun, has said that the government has put energy in top priority as the sector is the major basis of country’s economic transformation. Addressing a session on ‘ Energy for Economic Prosperity’ in the...

Over 50,000 bird flu infected chickens culled in Makawanpur

Hetauda, Makawanpur : More than 50,000 chickens infected with bird flu virus have been culled in Makawanpur district, said the district administration office. Likewise, 9,015 eggs and 1,463 kilograms of poultry feed were also destroyed. A joint team of the district administration office, the...

Fiat Chrysler to cut 1,500 jobs at Canada plant

MONTREAL : Fiat Chrysler Automobiles (FCA) has announced it will cut some 1,500 jobs at its factory in Windsor, Canada, around a quarter of its local workforce. The Italian-American automaker took the decision, effective from the end of September, to “better align production with global...

US, Chinese negotiators wrap up ‘constructive’ trade talks

BEIJING  : US and Chinese negotiators wrapped up “constructive” trade talks in Beijing on Friday ahead of another round next week, a top American official said as the economic superpowers aim to settle a bruising tariffs battle. US Trade Representative Robert Lighthizer and Treasury...

Investment summit: Environment conducive for investment created

Kathmandu : Minister for Foreign Affairs, Pradeep Kumar Gyawali, has said that the government has created environment conducive for investment in the country in order to attract foreign investors. Chairing the first session on ‘Investment Opportunities in Nepal’ under the Nepal...

Possibility of rain in various areas: Weather forecasting division

Kathmandu : There will be a weather change and possibility of rain in different parts of the country in the next three days. This is a result of the impact of the westerly low pressure system, said the Weather Forecasting Division. There is possibility of a partly and general change in weather in...

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