KATHMANDU, May 11: The Sinohydro-Sagarmatha Power Company, the developer of the Upper Marsyangdi-A Hydropower Project, has expressed its serious concerns to the demands put forth by Jalgini-Arkhalebesi Road Upgradation Struggle Committee in the project site in Lamjung district.

Govt decides to accept Rs 1.2 billion in grants from WWF

Published On: May 11, 2024 10:00 AM NPT By: Republica

KATHMANDU, May 11: The government has decided to accept around Rs 1.2 billion in grants through the World Wildlife Fund (WWF) to be received from the Global Environment Facility (GEF).

KATHMANDU, May 11: With 46 percent female representation in its entry-level workforce, the banking industry in Nepal is ahead of other countries in South Asia in achieving gender parity. However, only 23 percent of senior management roles are held by women, according to a new International Finance Corporation (IFC) report that examines gender diversity at six leading banks in Nepal.

KATHMANDU, May 10: Hyundai, a Korean company, has initiated vehicle production in Nepal with the opening of a new assembly plant in Nawalparasi, operated by Laxmi Group, the official dealer for Hyundai in the country.

EU to help Nepal bring investment

Published On: May 10, 2024 08:13 PM NPT By: Republica

KATHMANDU, May 10: The European Union (EU) said it would help Nepal bring in investment.

NTC pays Rs 20 billion to renew license

Published On: May 10, 2024 05:25 PM NPT By: Republica

KATHMANDU, May 10: Nepal Telecom (NTC) has paid Rs 20 billion to the Nepal Telecommunication Authority (NTA) to renew its operating license. This payment covers the renewal fee and was made before the expiration of NTC’s current license.

KATHMANDU, May 10: Chandra Prasad Dhakal, the president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has been honored with the ‘Corporate Excellence Award’ by the Association of Chartered Accountants of Nepal.

GALKOT, May 10: Under the alternative road of the Kaligand corridor, the road connecting Baglung Bazar to Myagdi's Beni will remain closed till May 18.

KATHMANDU, May 10: An alternative road has been constructed in the Lo Manthang section of Mustang under the Beni-Jomsom-Korla road of the Kaligandaki corridor, a national pride project.

Gold dearer by Rs 2,300 per tola

Published On: May 10, 2024 12:21 PM NPT By: Republica

KATHMANDU, May 10: The price of gold increased by Rs 2,300 per tola in the domestic market on Friday.