From electric vehicles turning heads on European streets to bubble tea shops multiplying across Southeast Asia and quirky plush toys igniting a collecting frenzy worldwide, Chinese brands have gained global popularity, emerging as symbols of innovation, design and quality.
A diplomatic effort would be taken to attract more international air service providers at the Gautam Buddha and Pokhara International airports.
The Kathmandu Valley in the past 24 hours recorded 2,034 cases of traffic violations. Revenue of Rs 2.21 million has been collected as fines from the violators of traffic rules.
Similarly, the cabinet decided to promote APF AIG Narayan Datta Paudel to Inspector General (IG) of Armed Police Force (APF).
The banana farmers have been complaining that they are getting only Rs 60 per dozen of banana. Market price of banana has surpassed around Rs 200.
The private sector has urged the government to create investment-friendly environment.
Nepal Rastra Bank (NRB) has to absorb Rs 120 billion through deposit collection today.
Nepal Rastra Bank (NRB) has absorbed Rs 40 billion from the financial market today. The central bank sucked up the excess liquidity for the period of six months bidding through deposit collection auction.
Amar Baniya, chairperson of Nepal Fruits Wholesalers Association, attributed the price hike of banana to much less supply than the demand of banana in the market. He clarified that price hike is not artificial.
“First, China is far from the epicenter of geopolitical tensions and is not directly involved. As a result, Chinese assets are unlikely to face physical disruption from conflict. Second, China maintains ample oil reserves, providing a buffer against potential supply shocks. Third, China possesses a fully integrated and robust industrial supply chain.
Inaugurating the 34th annual general assembly of Kanchanpur Chamber of Commerce and Industry here today, Dhakal argued the concept that the private sector was there only to make profit should be changed. He argued that the privates sector's contribution to the nation's gross domestic product (GDP) is high and it is the private sector that makes contribution to the infrastructure development.
The China-Europe Railway Express handled a total of 5,460 train trips from January to March, with the goods transported reaching 546,000 twenty-foot equivalent units (TEUs), up 29 percent and 22 percent year on year respectively, data from China State Railway Group Co., Ltd. showed on Thursday.