Nepal sets up accreditation centre to ease testing and certification
The agency aims to reduce testing costs, strengthen quality assurance and help Nepali products gain international recognition, but exporters say it could take up to three years to secure global accreditation.
Hydropower firms to need 50 percent construction progress for IPOs
The proposed ordinance would allow companies to issue shares before commercial production begins, provided their projects have completed at least half of the physical work.
Oil Corporation brings Rs300 billion in annual transactions under digital system
More than 1,500 dealers, 60 bottlers and 60 airlines will be able to place fuel orders and make payments online through the new ERP system.
SIPs attracted investors in the past. Current low returns frustrate them
Investors say returns have fallen short of expectations, partly because many entered SIPs believing their money would multiply over time.
US pretzel chain Auntie Anne’s to open first Nepal outlet on November 21
The American brand is entering Nepal through a partnership with JGI Distribution, with its first store opening at Bhatbhateni Supermarket in Bouddha.
NEPSE this week
Here is a snapshot of what happened at the stock market this week.
Nepal’s high-value exports rise 23.85 percent in first quarter
Shipments of large cardamom, iron and steel, jute products, readymade garments, pashmina, and carpets drive growth, while edible oil re-exports push overall exports up 57 percent.
How Nepal’s tile makers have gained ground against Chinese and Indian imports
Local manufacturers have expanded their share of the domestic market through shorter delivery times, product certification and investment in production technology.
Lukla sees a rush of tourists as trekking season picks up
Growing numbers of international visitors are crowding the mountain airport, with limited flights making tickets to and from Kathmandu harder to secure.
Kathmandu airport unable to collect Rs1.5 billion from 42 entities
The airport customs office, Himalaya Airlines and Hotel Radisson alone account for nearly 73 percent of the total outstanding dues, amounting to more than Rs1.14 billion.